EPC Projects

As senior executives in-charge of EPC projects and programs, you must ensure robust proposal creation, drive accurate project revenue & cost estimations, foster meticulous planning, enforce disciplined financial tracking and complement with stakeholder collaboration for project and program success. Your credibility is built brick-by-brick.

EPC Projects
Key Challenges

Here are the key challenges faced on programs and projects undertaken by the EPC Projects industry.

  • Tracking and responding to enquiries, tenders, etc.
  • Preparing BOQ and cost sheets.
  • Tracking procurement items and budget control.
  • Generating S-Curve and revenue recognition.
  • Tracking project P&L and cashflows.
  • Poor cross-functional collaboration.

EPC Projects
Industry Life Cycle

Review the high-level life cycle of EPC Projects.

  • Enquiry & Proposal
  • Preliminary BOM/BOQ
  • Cost Sheet & Budget
  • Contract / PO / WO

  • Project Creation
  • Planned Revenue, Budget and Cashflow
  • WBS & Schedule
  • Project Charter
  • Risk Register

  • Design & Engineering
  • Final BOQ/Cost sheet
  • Project Procurement (PR/PO/GRN/Invoiced etc.)
  • Installation & Commissioning
  • S-Curve/Revenue Recognition/Actual Costs
  • Change Requests

  • Customer Acceptance
  • Final Billing & Project P&L
  • Lessons Learned

TouchBase® Solution for
EPC Projects Industry

Legacy / CRM Apps
Legacy / CRM Apps
  • Legacy Apps
  • Microsoft Dynamics
  • Salesforce
TouchBase
  • Enquiry & Proposal Management

  • Project Management

  • Project Financials

  • Project Procurement

  • Collaboration

  • Item/BOQ/Cost Sheets

ERP/
HRMS
ERP/HRMS
  • SAP
  • Oracle
  • QuickBooks
  • Tally
  • HRMS
  • Others
Enquiry & Proposal Management
  • Tracking Enquiries/Tender
  • Premiminary BOQ & Cost Sheets Estimation
  • Proposal Digitization
  • Feasibility & Project Charter
  • Customer Contract/PO Management
  • Integration with CRM
Project Management
  • Project Creation
  • WBS Ganttcharts
  • Risk Management
  • Meeting Minutes Digitization
  • Change Requests
  • Lessons Learned
Project Financials
  • Project Revenue and Budgeted Costs
  • Billing Milestones & Payment Terms
  • Planned & Actual Project P&L
  • Customer & Supplier Billing
  • Taxes
Project Procurement
  • Supplier Master
  • Purchase Requests
  • Supplier Enquiries & Quotations
  • Supplier Purchase Orders
  • GRN/GIN
  • Project & Enterprise Inventory
Collaboration
  • Social for Projects
  • Mobile App
  • Workflow Management
  • Analytics & Reports
  • Access Controls
  • Alerts/Notifications/Escalations
Item/BOQ/Cost Sheets
  • Item Management
  • BOQ Management
  • Cost Sheets
Resource Management
  • Resource Task Assignment
  • Timesheets
Content Management
  • Document Management
  • Document Digitalization

TouchBase® Benefits for EPC Projects Industry