Adeaca One Project Business Automation
1 Review 5/5 ★ ★ ★ ★ ★A software for addressing key issues for project-based companies.
Project Business Automation (PBA) is a business process management software designed specifically for project-based organizations (e.g. construction, engineering, ETO manufacturing, professional services, etc.) that integrates all core project business processes into one, end-to-end system.
PBA provides an integrated and continuously updated view of core project business processes including project financials and accounting, management and operations, and insight and analytics. The main point about PBA is that all these areas are integrated in one system, providing real-time data streams that facilitate the acceleration and automation of processes that is not possible when managed in separate applications.
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Adeaca One Project Business Automation Features
- Project Financials and Accounting–PBA covers the financial management of projects and portfolios of projects. It includes, at a minimum, project costing, cost breakdown structures, budget management, estimate-at-completion, budget-at-completion, cost-to-complete, month-end reporting, cash flow management, revenue projections and revenue recognition. These functions are normally managed in the ERP, other accounting applications and various spreadsheets.
- Project Management and Operations–PBA covers the operational component of projects. It includes, at a minimum, work breakdown structures, project scheduling, risk and issue management, milestone management, resource management, subcontract management. These functions are normally managed in project management/planning/scheduling applications, custom-built applications, and various spreadsheets.
- Project Insight and Analytics–PBA covers the real-time analysis of projects, portfolios, and the business as whole. Since all functional areas are integrated, PBA produces time-phased operational and financial threshold data, giving project-based companies the ability to run their projects with real-time visibility and control over processes, costs, and risks. It includes real-time metrics such as cash flow, margins, estimate-at-completion, earned value analysis, and variances on several key performance indicators in operations and finance. These types of analyses are normally produced infrequently in spreadsheets and separate BI applications, and therefore not in real-time.
Adeaca One Project Business Automation Target Market
They serve mid-market companies that deliver goods and services to customers through projects. They operate in project-based industries such as architecture, engineering and construction, ETO manufacturing, and professional services. Project-based companies with roughly 100 to 3,000 employees stand to gain significant advantages with Adeaca One Project Business Automation.
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User Reviews of Adeaca One Project Business Automation
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Some of the biggest beneficiaries from Adeaca is our executive team. The ability to get the information they need at the push of a button. We’re able to make business decisions based on true data, live data as opposed to data that’s weeks old, months old. Who knows if it’s accurate or not?
While there’s definitely been cost savings with implementing this new system, they primarily been a reduction of software costs. When you have 15 different software packages, there’s a cost that’s associated with that, so being able to eliminate those is a hard cost we were able to recognize.
We saw savings when it came to human resource aspects. We had people doing activities that were necessary, but were not really adding value to the process. With PBA, there’s much more collaboration between the different departments. I would say it’s much more effective because we’re speaking the same language. The frequency of interaction and the efficiency and quality of that interaction has dramatically increased.
We work in the construction industry so there’s always change that happens along the way. We’re able to take snapshots and baselines to see how as the schedule changes, what does that do to our resource loading. Are we getting peaks or are we getting valleys? And we can use that information and present it to our customer to say, “Here’s what we see coming down the road, we have an opportunity to fix this before it becomes a problem.” So we’re able to be ore proactive with our resource requirements and changes that may happen.
I’ve always been very impressed with the product that Adeaca puts together.
