epicbuild epicbuild epc (engineering, procurement

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

© RheinBrücke IT Consulting GmbH - All Rights Reserved Page | 01

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


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


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


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

https://merlinsourcing.com/

epicbuild epicbuild epc (engineering, procurement

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