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Engineering & Construction

 

Driving efficiency from opportunity awareness into contract award. Oracle enables Engineering & Construction companies to improve their project acquisition rates and customer retention by providing visibility into project history, sharing project data with all project parties, tracking & forecasting all opportunities across the enterprise and analyzing which customers have provided the most profitable relationships

 

Improve Bid & Proposal Accuracy: Oracle makes the pricing and proposal process more accurate by recognizing risk and identifying how to mitigate it. Oracle allows E&C firms to evaluate their best suppliers & subcontractors, control project scope, optimize crew productivity and improve forecast accuracy

 

Optimize Activities from Pre-Construction through Project Execution & Contract Close-Out: Oracle ties together total project status to manage cost of performance, control scope changes, generate accurate billings and automate administrative requirements to accelerate close-out and final billing.

 

Key Features

 

Oracle’s E&C solutions and technology offers a full solution for all core business processes across the enterprise. Oracle is unique in:

  • A non GL based costing structure that provides greater flexibility to view project status from a variety of perspectives
  • The only tier 1 Project Management system with high-level business intelligence and granular industry functionality (change control, forecasting, productivity, etc.) in one integrated offering.
  • Ties detailed operational data directly into financials while supporting separate work execution.
  • Competency Mgmt/Suitability Matching/iRecruitment
  • A single source of transaction and document control tied to user defined project controls.
  • Project collaboration for all stakeholders.
  • CADView 3D ties CAD BOM data directly into Procurement.
  • The ability to monitor cost, billing, progress, revenue recognition and profit recognition in one system.

 

Benefits

 

Streamline Opportunity Management

 

  • Oracle enables E&C firms to have visibility into detailed financial & operational data on past performance and on past contracts to insure the best terms are incorporated into the contracts

 

Oracle enables Engineering & Construction companies to improve their project acquisition rates and customer retention by:

  • Providing visibility into profitability of past customer relationship customer profitability &
  • Tracking & forecasting all key opportunities by project & by client
  • Matching availability of people to project calendars.
  • Flows the (Field Sales) proposal data into projects
  • Only tier 1 solution for the industry that can deliver results
  • Measurable results applicable to Tier 1 E&C company

 

Improve Bid pricing & Proposal Accuracy:

  • Based upon Oracle’s superior e-business solutions capabilities including a flexible Work Breakdown Structure, E&C firms can review project histories from user defined perspectives: costs, resources, time, quantities, etc. Oracle also captures and provides insight into performance of key vendors and subcontractors to reduce risk of poor project performance from these vital parties.

 

Oracle uniquely enables Engineering & Construction companies to leverage past project performance data in order to mitigate risk and provide a foundation for the most favorable proposals and contracts by:

  • Leverage historical data across all projects types, locations and clients
  • Enabling collaboration and accountability of all project parties
  • Identifying key areas of project risk prior to insure they are addressed in contract terms.
  • The only tier 1 solution for the E&C industry that can deliver measurable results.
  • Out-of-the-Box Business Intelligence with rules based reporting to manage full lifecycle.

 

Optimize Project Activities From Pre-Construction Through Project Execution & Close Out

 

Oracle enables E&C firm to optimize all phases of the project lifecycle from conceptual awareness through project delivery and close-out by:

  • Selecting right project resources, internally and externally, to insure the best fit for the project.
  • Recognize and mitigate operational & financial risks prior to them becoming a cost or contract issue.
  • Control Project scope and cost of performance
  • Non-GL based costing structure provides flexibility in views of project cost, resource status, billing and production.
  • The only tier 1 Project Management system with high-level business intelligence and granular industry functionality (change control, forecasting, etc.) in one integrated offering.
  • Ties detailed operational data directly into financials while supporting separate work execution
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