Is your struggle to verify scope and change orders before paying contractors, or compare RFQs received from vendors before making a purchase, costing you money?
Are you wasting time searching for equipment?
Are subcontractors left waiting on the jobsite for tasks, communication and signoffs?
Has the pandemic made you realize that your company cannot afford to stay at status quo?
The Engineering, Procurement and Construction (EPC) industry has been experiencing major shifts and disruptions – right from the pre-COVID days – and experts have been encouraging EPC companies to embrace digitalization for some time now. However, now, the warnings are loud and clear: Companies must pivot from average to exceeding long-term predictions at a rapid pace.
However, simply investing in new products isn’t the answer. Rather, companies must be willing to look at their entire processes to find crucial opportunities to grow. Through analyzing the complete process, companies and teams can re-design them with digital transformation at the forefront.
The task may seem overwhelming for EPC companies that don’t know where to start – and this is where technology consultants come in.
When you hire a technology consulting firm, you are paying for a team of objective experts, who will recommend solutions and help institutionalize more effective management processes that are designed to meet YOUR business goals.
Effective technology consultants use their expertise and tell you the pros and cons of technologies that focus on boasting organizational effectiveness and processes.
Here are some additional benefits of consultants:
Specialized Expertise: Finding a group of consultants skilled in technology processes and designed specifically for EPC industries offers a complete skillset that may not exist (as yet) in your organization. For example, technology management consultants understand that most accounting software isn’t made for project-based companies. That’s why they work at finding solutions that combine project management software and accounting capabilities.
(Unbiased) Strategies for Growth: Changing the culture, restructuring or making impactful changes can be time-consuming – even unpopular! That’s why companies may turn to consultants to make the changes. When you find a consultant group who knows how to anticipate, identify and resolve everyday challenges that HR, project managers and contractors face – combined with technical knowledge and skills – they are able to see opportunities that lead to company growth.
Outside Perspective: When you’ve been working in the same environment for quite some time, it’s easy to become blind to issues that may be right in front of you. Often times, a fresh perspective from consultants who have already worked with companies to overcome similar challenges is all you need.
Extra Horsepower: With pandemic-related project delays, on top of the usual day-to-day operations, there’s not enough time to dedicate to evaluating and analyzing the processes and strategies that are already in place. Consultants have the time needed to finding new technologies that align to your goals and objectives and help you executive it through strategic implementation.
Data and Insight: Specialized consulting firms understand how to apply insights from analytics and market research to expand into new markets or capitalize on emerging opportunities. They also understand the tools that instantly generate reports and dashboards and know how to apply them for better day-to-day decision-making. This helps align data to your investments.
About CEM Business Solutions: Based in Montvale, NJ, CEM Business Solutions is a Microsoft Gold Partner with nearly 20 years of experience offering integrated, high performance solutions to enhance business objectives. Since 2003, our dedicated consulting team has helped EPC companies achieve more through new technologies and data-driven solutions across 20 countries and 3 continents.