EPICBuild EPC (Engineering, Procurement & Construction) Industry Template Solution for EPICOR ERP On the RheinBrücke Cloud© RheinBrücke IT Consulting GmbH - All Rights Reserved
EPICBuild
Introduction
EPICBuild
The EPC Industry is changing at a rapid pace. Major trends like smart cities, complex commercial construction projects and infrastructure upgrades present huge opportunities to EPC firms in the years ahead. However, the industry also faces numerous challenges in different areas right from Project Planning to Execution. The perennial issues of fluctuating raw material prices, skilled workforce availability, inven-tory management and dynamic scope changes makes it tougher to complete projects on time avoiding cost and schedule overrun. In these circumstances it is imperative for EPC companies to focus on embracing digital technologies for retaining market position, increas-ing service revenues through new business models and faster decision making.
EPICBuild from RheinBrücke is the ready to deploy industry vertical EPC template solution for Epicor ERP on the RheinBrücke Cloud. The solution combines the powerful features of Epicor ERP, RheinBrücke’s deep EPC industry knowledge and benefits of the Cloud.
Benefits of EPICBuild
Key Challenges in the EPC Industry
The capital-intensive EPC industry requiring stringent project costing and site management, calls for a very high degree of visibility on project status and cash flows while ensuring the regulatory compliances. An ERP solution that connects your people, systems, and processes gives you this much-needed visibility. The right ERP with functionalities to manage the complexities of your EPC or construc-tion business is key to compete with nimbler, emerging market players as well as to drive gains in productivity, product quality, and opera-tional efficiency.
Execute EPC “mega-projects” within budget and on schedule
Revenue Recognition and Milestone based billing
Managing Inventory and labour across multiple Project Sites
Asset Management and tracking
Lack of real time Management Information System (MIS) to take right decisions
Improved Project Planning and Execution
Multi-level WBS Management
Efficient Cash flow Management
Enhanced revenue accrual based on Project Milestones
Efficient Management of Manpower, Machinery and Materials across sites
Activity Based Costing
Inability to do Site/Project wise profitability and consolidation at division level
Lack of flexibility to deal with new processes and changing regulations
Minimize construction delays due to lags in information, material or equipment
Managing capital effectively
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Cost Control
EPICBuild is a full feature ERP solution for managing all aspects of EPC Projects from proposal and bidding to commissioning and operation.
Epicor ERP
EPICBuild - An ERP Solution built for Engineering, Procurement and Construction Industry
Built-in capabilities to track contracts and project schedule
Management of BOQs (Bill of Quantities)
Detailed multi-level Work Breakdown Structure (WBS) management
Integration with MS Project / Primavera
Estimate, budget and analyze cost and cash flows at the lowest level with accurate Budgeting and Accounting
Online visibility of cost at completion and capability to capture any exceptions
Fully Integrated System with Material, Manpower, Equipment and Site Camps
Document project progress in terms of completed quantities to generate payment demands
Build Project Execution Plan and project cash forecast from the system
Management of Fixed Assets across projects
Maintenance of machines and equipment
Integration with project management tools and CAD/-CAM software
Embedded CRM, SRM, APS, MES solutions
Enterprise Performance Management with Built-in Analytics and Executive Dashboards
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Procurement Management with powerful capabilities to deal with intensive back to back procurement needs of the industry
Streamline operations to improve operational efficiency and effectiveness
Plan, schedule, deploy and ensure higher utilization of your
resource
Accurate analysis of raw materials, manpower utilization, architectural design and resource allocation to optimize project management.
Reduce delays due to shortage of material and equipment
Find opportunities to reduce cost and improve bottom-line by determining the most effective way to utilize workforce, inventory and equip-ment for every project
Get real-time visibility and control over costs, cash flows, inventory,
labour, machinery and other operational data for precise
decision making
Leverage the Benefits of Cloud with EPICBuild
Highly Scalable and Flexible
Lower Total Cost of Ownership
No Hassles of IT Infrastructure/Maintenance
Fast Deployment
Heightened security
Mobility
Faster Time to Value
EPICBuild - An ERP Solution Designed to be your New Construction PartnerThe pre-configured solution helps EPC companies like yours implement the latest Enterprise Management solutions tailored for your business needs, faster and at the lowest total cost of ownership, ensuring a faster time to value. EPICBuild takes care of every aspect of your EPC business from sub-contractors to materials outsourcing jobs and from plant management to mobile assets and labour in the field with greater visibility and efficiency across your projects.
The solution’s template is developed by RheinBrücke’s experts based on proven best practices aggregated from our multiple industry implementations across the world and can be adapted quickly to meet the specific needs of your business to ensure more value from your ERP implementation.
EPICBuild allows you to effectively collaborate with stakeholders across the supply chain, minimize cost and schedule overruns, control project risks and issues.
Epicor Structure for EPC Industry Solution
C O N T R O L L E D S E G M E N T D Y N A M I C S E G M E N T
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COMPANY CHART DIV IS ION PROJECT DEPT.
Each company will have one main plant
Each plant will have same set of
divisions
Each division functions only against Project
Project code to be captured in GL
transactionsCommon COA for all company
Company 1
Company n
Account 1
Account n
ProjectsProductsServices
C & AMech.
Lighting
InternalPR 1PR 2PR 3
FinanceHR & Admin
QA & OCHSE
TrainingBus. Dev
Audit
Deployment on the RheinBrücke CloudThe solution is deployed on the highly secure RheinBrücke Cloud hosted in the Moro Hub Datacenter. The modern cloud deployment gives you added advantages of lower cost, flexibility and frees up your time and resources spent on maintenance. Maintenance, Security and Business continuity are all part and parcel of the solution.
EPC Contracting, Manufacturing & Maintenance Company Streamlines Enterprise-Wide Business Processes
RAPID Implementation using SCALE MethodologyRheinBrücke’s standardized SCALE methodology driven by industry best practices ensures a successful ERP implementation in a short time span by minimizing risk and maximizing predictability with clearly defined deliverables and processes. It is a scalable approach for implementation that is designed to address your needs based on the foundation elements – Solutioning, Consulting Expertise, Agile Practices, Learning and Enablement.
RheinBrücke AcademyWe offer a comprehensive Learning Management platform for our customers to ensure effective training of end users as well as key users and administrators. . The platform provides interactive simulation-based learning content which ensures 100% module coverage for all your users.
SupportRheinBrücke’s Omnichannel Support driven by a robust ticketing system ensures that your business users have the support and help readily available from our large pool of Epicor Certified professional engineers who have worked on multiple complex global ERP imple-mentations.
What They Do?EPC Contracting, Manufacturing and Maintenance Company specialized in design, engineering, project construction, fabrication, painting and testing & maintenance activities across Oil & Gas, Refineries, Petrochemicals and Power Industries
EpicBuild template solution for Epicor was implemented using RheinBrücke’s highly standardized SCALE meth-odology and industry specific template that is designed to accelerate the client’s growth by supporting all their key processes.
Key Business Challenges
RheinBrücke’s Solution
Business Impact
The RheinBrücke Advantages
Case Study
Increased end user satisfaction
Streamlined inventory maintenance processes, improved efficiency and optimized costs
Greater accuracy in output through tools calibration
Complete and accurate information reporting and production planning through an integrated ERP
Improved tracking and on-time delivery of projects
Hassle-free statutory compliance
Synchronized varied operations across the group in single platform.
Streamline processes and improve efficiency by elimination redundant processes
Enabled key users with required information for quicker decisions
Seamless integration with third party tools and applications
Implemented budgetary control and cost tracking to monitor & prevent deviations.
Devised material planning methodologies to optimize inventory and WIP
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Diversified line of business; challenges in consolidation
Lack in functional information leads to delay in response
Challenges in controlling the budget across the group companies
Visibility on cost incurred & pro-active control of cost
Challenges in ensuring the availability of right material at right quantity at right place
Business scalability
Legal compliances
About RheinBrückeRheinBrücke is a European company with global mindset and a strong footprint in Europe, Middle East, and India. We have immense experience and expertise in providing Enterprise Business Solutions, Surround IT Solutions, Consulting Services and Product Develoment Services to clients globally across 34 countries. RheinBrücke’s flagship product, MeRLIN is an integrated solution for Direct & Indirect Sourcing with Supplier Relationship Management, Sourcing Automation and Planning augmented by Advanced Analytics. RheinBrücke is also an Epicor Premium Partner and two times winner of International Partner of the Year, as well as Microsoft Gold Partner. Our team of experts with Six Sigma and PMP as well as our proprietary SCALE Methodology certification can deliver robust enterprise solutions and offerings to address the needs of businesses on multiple verticals including Automotive Systems, Oil & Gas / Energy, Discrete & Process Manufacturing, Pharma and Life Science, Engineering, Procurement & Construction, Retail & Distribution, Public Sector, etc. Our strong distribution channel across the globe supported by our robust RheinBrücke Academy based training and omnichannel support ensures seamless delivery of solutions and services. With a deep understanding of what it takes for enterprises to succeed, RheinBrücke helps clients adapt to a changing marketplace by ensuring their IT ecosystems are relevant, efficient, and perfectly tuned.
© RheinBrücke IT Consulting GmbH - All Rights Reserved
RheinBrücke Middle East Infrastructure LLC PO Box: 450471Office #4701- 10, Aspin Commercial Towers Shaikh Zayed RoadDubai, UAE
RheinBrücke IT Consulting EMEA FZCOPO Box: 3420602-234-235 – Techno Hub 2,Dubai Silicon Oasis,Dubai, UAE
[email protected] +971 4 3330366+971 4 3888247
www.rheincs.com