Construction and Other High Profile Industries are Leveraging the Advantages of Real Time Management of Costs and Operations
LOS ANGELES–(BUSINESS WIRE)–Today, cloud-based project portfolio management software Built On Vision announces that it has been deployed for project managements and forensics on projects with a combined value of over $10B. In just three years of deployment, Built On Vision has quickly become the global leader in detail-driven project management, forecasting and analysis. Users are embracing its precise project management capabilities for international or multi-site projects; the software is in use on large construction projects across the United States, Canada and South America.
Built On Vision’s cloud software enhancement brings exceptional new capabilities to traditional use of Oracle’s Primavera, Microsoft Project and ERP systems. With it, managers of large capital investment projects gain deeper insight into cost drivers. The first native cloud software of its kind, BOV allows users to readily import scheduling and costing data from any project location or office, streamlining team access to deeper and more accurate analysis and forecasting.
With its rich real time cash flow analytics, BOV provides users with a number of new capabilities, including:
- running cash flow simulations, analyzing a single schedule or comparing alternative schedules simultaneously
- importing financial data from external sources such as ERP or job costing
- associating financial data with schedule data for cause-and-effect analyses
- extensively filtering and segmenting data for easy drill-down on project components
- generating convenient graphs and spreadsheets , for further analysis and decision-making
CEO Michael Saddik says, “Companies have tremendous data at their disposal, and they’re responding strongly to the real time data they can access through our cloud application. With it, our clients tell us they’re generating more thorough analyses and engaging in more dependable decision-making than ever before.”
Built On Vision’s exceptionally detailed metrics have also drawn the attention of investigators and litigators, who embrace its ability to expose scheduling weaknesses and provide forensic analysis of past performance.
Saddik says, “Our customers are in the most competitive industries in the world. We are continuing to develop new ways for Built On Vision to generate cost and time savings through better data analysis informing decision-making, reducing claims, and impacting finished results.”
The company plans to reveal new earned value and scheduling engine feature sets later this spring.
ABOUT BUILT ON VISION
Built On Vision was founded in 2015 by a group of software engineers and construction experts determined to fill the gaps in project controls analysis tools. Today, the software can be used by construction, oil, gas, pharmaceutical, aerospace, defense, engineering, and other industries managing large capital investment projects. Hailed a “crystal ball for construction” by Constructech Magazine, Built On Vision’s cloud-based project portfolio management software integrates data from scheduling software, traditional ERP and job costing systems, providing project managers and other users with the ability to instantly access to deeper details on cost drivers and associations; real time analyses of costs, cash flow, and forecast stability; remote collaboration; cost/revenue item association with schedule activities; and much more. Built On Vision, based in Laguna Beach, CA, is a Red Herring Top 100 Global Award Winner. For more information or a demo, please visit BuiltOnVision.com.
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Lilly Ghahremani, (310) 663-6756