The Challenges:
EPC (Engineering, Procurement, and Construction)
companies face unique complexities in estimation that directly impact cost and time management. Here are additional critical challenges that cause project inefficiencies and escalate risks:
Complex Material Databases: Managing a vast array of materials, their prices, and supplier details manually can slow down the estimation process significantly.
Inefficient Collaboration: Disjointed workflows between sales, engineering, and procurement teams create bottlenecks, reducing overall productivity.
Inconsistent Documentation: Lack of standardized datasheets and RFQ formats creates confusion between teams and delays in processing.
Siloed Information: Project data often resides in disconnected systems, making it difficult for teams to access the information they need when they need it.
Manual Data Entry: Re-entering data across spreadsheets and software is time-consuming and errorprone, leading to inaccuracies in estimates that can derail entire projects.
The Solution: Revolutionize Your Process with CPQ:
A Configure, Price, Quote (CPQ) application tailored for
the construction industry eliminates inefficiencies and
ensures seamless estimation.
Here’s how:
Material master Databases: Centralized material and pricing information enable faster and more precise estimates.
BOQ Templates: Standardized BOQ templates, with multi-level functionality with the plug and play flexibility at any level of a BOQ or BOM.
Al-Based Search:Quickly locate engineering
specifications in documents and BOMs, reducing time
spent on data retrieval.
Standardized Datasheets: Generate and manage uniform datasheets for RFQS, ensuring accuracy and consistency.
Workflow Automation: Assign tasks, track progress, and enable real-time collaboration between teams, enhancing productivity.
Data-Driven Accuracy:Automated calculations ensure precise estimates, reducing the risk of costly errors.
