Engineered Equipment – Project Information Control for Engineered Equipment Suppliers
Engineered Equipment Suppliers
Engineered equipment suppliers are facing greater and greater demands from their clients. EPCs are operating on thinner margins with increased risk, so managing their supplier relationships around engineered equipment is imperative to their success and the success of the project. Any issues with delivery of even one of these fabricated pieces and the entire project can end up grossly over time, over budget, and end in litigation. As a result, the documentation expectations that vendors and suppliers are expected to deliver have grown increasingly complicated and demanding.
Coreworx Project Information Control software provides a document deliverables checklist as well as reports detailing what is due, when it’s due, and who is responsible for the deliverable, all of which can be matched against the client’s actual requirements. With workflows regulating information between parties, tracked markup and review, and the ability to cross reference multiple document numbers from multiple sources (vendors, clients, internal), engineered equipment suppliers can ensure the right people get the right documents at the right time without any confusion.
Emerson Expands Capabilities to Manage Information in Complex Projects with Coreworx Software
Emerson upgrades Coreworx project information management solutions with latest version and more licenses.
To maximize control and compliance, Coreworx solutions apply automated workflow processes. The workflows capture data in electronic forms and deliver work assignments to authorized participants using an online inbox and email notifications. The electronic forms validate each participant’s input to ensure accuracy and consistency.
Eliminate Information Bottlenecks
Insight into each information-related process that takes place in a project enables project managers to easily identify any ‘bottle necks’ that occur and take appropriate action to resolve these issues so progress can continue.
Achieve Single Source of Truth
One central collaboration platform that applies consistent processes will ensure all involved parties have access to the correct information at the correct time. In addition, powerful integration tools enable secure exchange of process data and documents with other applications, such as work orders in asset management systems or cost data in financial systems. An integrated system allows for a complete and accurate representation of project status and health.
Gain Valuable Insight
Coreworx solutions capture key data and display it in easy to understand reports. The reports show many aspects of project status, progress, and trends. You can specify filters for the reports to show a subset of data, or view a personal dashboard where reports offer interactive functionality including the ability to drill down to more detailed levels of data.
Simplify Audit and Discovery
Significantly reduce time for discovery with audit tools that search your one source of contract truth and provide detailed reports on all activities and documents associated with that contract.
Manage All Processes from One System
Coreworx offers a comprehensive suite of web-based software products that address critical information management processes for engineered equipment supplier processes. All Coreworx solutions run on an enterprise-class platform that includes a document management system, a highly configurable workflow engine, and web-based collaboration tools.
Automate proven project information management best practices to mitigate risk and improve performance throughout the entire project life cycle
The Coreworx Advantage
In-depth Understanding of Engineering & Construction Projects
Coreworx software solutions focus on the information management needs of engineering and construction. Coreworx software solutions are built to automate proven industry best practices and synchronize data management processes, with all functionality based on industry research and customer experience.
Out-of-the-Box Work Processes
Quickly configure Coreworx software and gain user adoption through out-of-the-box work processes that were designed around best practices for managing engineering and construction projects and also align to your current standard operating procedures.
Highly Configurable = Less Costly Customizations
Coreworx combines tools built on industry best practices with the ability to configure most system components to fit your project’s specific needs – both of these items ensure quick implementation times and fewer costs associated with customizations.
Secure Web-based Solution
Coreworx software runs in a secure, web-based environment on-site or in the cloud and can be accessed by authorized users any place in the world via a web browser and an internet connection. Enterprise class ensures scalability and performance.