The unique ERP challenges of the energy sector
The project delivery demands of every industry are unique. The global energy industry presents a particular set of challenges in its structure, the scale and complexity of projects, and its multiple stakeholders with competing demands.
All this is compounded by what McKinsey describes as, “an energy transition that continues to evolve”, at a time when “global energy markets are facing unprecedented uncertainty”.
Benefits of the best project management tools
The best one-size-fits-all project management software solutions encompass a complete work management solution for the project lifecycle.
The best ERP integrates project processes, from strategic planning to project delivery.
It streamlines time management, reporting, and finance systems. It facilitates improved interaction with internal and external client groups. It incorporates risk management and anticipation of risk (forewarned is forearmed). The best project management system majors in data reliability and accuracy.
Where does enterprise resource management for the energy sector come in?
The one-size-fits-all project management framework may tick all the boxes, but the software will fall short in a complex global industry in a state of massive structural transition.
The answer is an efficient workflow management tool developed for the energy industry by energy sector experts.
ERP for the energy sector recognises and addresses the unique challenges of the industry, putting project proposal and delivery teams on the front foot in all phases of the project lifecycle.
Why choose project management software for the energy sector?
ERP for energy companies is a work management system developed with functionalities to meet the specific needs of the project teams, offering tailored work management processes on a project-by-project basis.
Challenges addressed by an end-to-end work management solution for the energy industry include:
- Multiple projects and platforms varying in scale, complexity, and risk: Energy sector projects can be resource-intensive. Project teams often work remotely, across geographies and time zones. Project controls and project dashboards should be flexible, intuitive, and fully customisable to the project’s needs.
- Asset and data management: Energy sector assets are frequently located across numerous, often remote, locations. Reliable access to accurate, real-time performance, tracking, and geodata is imperative. Accessing accurate data from multiple locations fast is crucial for successful project delivery.
- Stakeholder management: Streamlined project communications will simplify communications and reporting lines to multiple internal and external stakeholder groups, from suppliers and distributors, to engineers, financial institutions, governments, and regulators.
- Unpredictable external environment: ERP for energy companies is developed with awareness of the sector’s need to adapt and evolve in a changing global energy landscape. Not to mention the volatile geopolitical environment, energy transition, price spikes, fluctuating supply and demand.
A lot is at stake. Business operating systems developed for the energy industry offer unmatched productivity, visibility, accuracy, and speed. Investment in the right technology and business systems is a clear strategic advantage.
Xergy Group’s Proteus work management solution (or ERP) is designed to work with your existing systems, and to scale and evolve as your business evolves. It was created by energy sector professionals, for the diversified energy sector, and delivers an end-to-end project management software platform compliant with ISO audit requirements and common project management frameworks.
How to get Proteus
Proteus’ work management software is a cloud-based system designed for businesses of all sizes to handle projects of unlimited complexity. Each Proteus feature is aimed at making bottom line improvements by improving utilisation, streamlining workflows, providing quick and efficient access to resources and reducing overheads. One of the unique advantages of Proteus is that we offer a free onboarding consultation service to ensure your company account is set up according to your company’s needs.
Proteus operates under a software as a service (SaaS) model costing $35 per user per month. Billing is monthly or annually. For more information on our pricing visit our pricing page or get in touch with one of the team.
We designed Proteus to be simple, and that means you can get up and running on Proteus without an IT team or support from a programmer. You will want to spend a bit of time configuring the admin console so that you have everything set up to suit your company structure, but it’s very intuitive and you don’t need a PhD in IT. However, we want you to get the best out of what is a brilliantly powerful tool, so don’t hesitate to ask for our support. We have a team of product experts who are ready to help you with the configuration process, so get in touch today.