Matt Mong, VP of Market Innovation and Category Design at Adeaca, the leader in Project Business Automation (PBA), was featured recently in New Civil Engineer magazine. Mong discussed how the construction industry must rethink the use of project management tools to help drive efficiencies. The full feature authored by Nadine Buddoo may be read here.
Mong shared, “Typically, what we see is a company using anywhere from eight to fifteen different applications and systems. That usually includes an ERP, but they just use it for project accounting and billing so it’s just a glorified general ledger. Then they’ll have a project management application, whether that’s Oracle Primavera, Microsoft Project or some other tool, and they’ll use Excel spreadsheets to do the bulk of the work so there’s lots of different spreadsheets.”
According to Mong, focusing on project business automation (PBA) would help businesses streamline processes across varied and complex projects. He describes the concept as a “new category of software solutions to better serve project based companies.”
New Civil Engineer is the official magazine of the world-renowned Institution of Civil Engineers and offers insight, inspiration, and education for global infrastructure professionals.
About Adeaca:
Adeaca is the first company to introduce Project Business Automation (PBA), a new category of software systems built for companies who consider projects an important part of their business. Recognized by Forrester, PBA is revolutionizing how projects get done by providing the capabilities to manage and govern project processes from beginning to end.
The PBA Quick Guide provides a high-level overview on how PBA focuses on the business side of projects and how to apply new rules to improve key business drivers.
Adeaca knows the challenges of managing and delivering projects, whether external or internal, and the solutions to solve them. The Adeaca team consists of project experts who understand that many companies cannot deliver better outcomes due to three primary conditions:
- No standardized project governance
- No timely information to detect problems early enough to rectify them
- Inefficient collaboration among project team members and stakeholders
Adeaca recognizes that these problems stem from a lack of process and information integration, meaning systems run separately in silos, data are not shared, and processes are not synchronized. Without real-time data any insights are outdated, and manually compiled data are prone to error and bias. As a result, stakeholders cannot access information easily in a timely fashion, leading to poor collaboration and project outcomes.
PBA is the only solution available that puts projects front and center, integrating the business and operational aspects of projects together.
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