Noveco Systems is a certified SAP add-on that enhances SAP PS (Project Systems) and serves as a powerful alternative to SAP CPM. It is built within SAP ECC or S/4HANA and requires no external tools, interfaces or middleware .
Enhances the SAP PS (Project Systems) module with the following Key Features:
- Project Cost & Revenue Management: accurate estimating, cost planning and forecasting.
- Revenue Forecasting: driven by cost forecasts for better revenue and incoming cash planning
- Variation & Risk Management: track changes to project budgets, revenues, forecasts, and assess risks.
- Progress & Earned Value Analysis
- Monitor project milestones: check if project phases are delivered on-time and if overall project goes according to the required completion date.
- Cash Flow Reporting: Real-time insights into project and portfolio cash balance.
- Resource & Capacity Planning: Optimize workforce and resource allocation.
- Gantt Chart Scheduling: Visual project timelines for cost planning and resource simulation.
- Project Summary Reports & Graphical KPI Dashboards: clear, real-time data overviews.
- Comprehensive Reporting: all functionalities are fully integrated within SAP; no external interfaces, separate databases or APIs required.
Natively Integrates with SAP EPPM (Enterprise Portfolio & Project Management)
- Cost & Revenue estimate and Projectcost and revenue plan auto-generated from Estimate, no manual data input.
- Project Manager Workbench as a single application for real-time analysis, automatic recalculation and manual update of project Cost To Complete (CTC) and Estimated cost At Completion (EAC)
- Drill down to source documents: actual costs, purchase orders, goods and invoice receipts, time sheets, confirmations etc.
- Project Variation Management automatically updates revenue, budget and forecast with full change history tracking
- Project KPIs and graphical dashboards
- Full Project History tracking: Project Budgets and EAC changes from project beginning, manual changes to project EAC and CTC
- Interactive and intuitive SAP Gantt chart with scheduling
- Graphical Resource Load Simulation and Allocation from Gantt Chart
- Financial control, earned value, risk variations, and multi-level drill-down reporting directly in SAP PS.
Noveco has developed its own applications that replace standard SAP PS transactions in the areas mentioned above. These solutions eliminate dependency on Excel, SAP Project Planning functions or standalone third-party tools. With its powerful functionality deployed inside SAP PS, Noveco enables real-time data integration across all standard SAP components.
Technical installation takes approximately 30 minutes. Basic configuration takes a few hours. Full implementation depends on customer SAP PS status and business requirements.
Our consultants have extensive experience implementing SAP PS and Noveco across various industries with project centric businesses.
Noveco serves a wide range of industries, including engineering, construction, manufacturing (ETO), utilities, mining, and power generation. It is designed to manage complex projects across capital investment, maintenance, manufacturing and commercial projects: all within a single, integrated solution.
The Noveco Project Manager Workbench automatically generates resource requirements at both individual (personnel) and work center levels. It evaluates available resources and capacities, then provides an intuitive interface for allocating these resources to project WBS elements and/or network activities.
Importantly, Noveco operates independently of SAP’s standard PS Workforce Planning and Capacity Evaluation functionality, offering more streamlined and user friendly solution.
Noveco offers comprehensive graphical and tabular reporting directly within SAP , including graphical KPI dashboards and drill-down capabilities to source documents. Since all data resides in standard SAP PS tables or views, it can be seamlessly shared with native SAP analytical tools such as SAP Analytics Cloud and PPM.
It automatically recalculates CTC/EAC based on project actual costs and purchasing commitments. It distributes values across project time line to calculate future cash flow: all within SAP.
Noveco is fully certified for SAP S/4HANA, ensuring customer SAP systems stability and upgradeability for customers. As a native SAP solution, it leverages standard SAP security and data privacy protocols, providing built-in protection without additional infrastructure.
We serve clients wordwide. Our largest clientele is based in:
- Australia
- North America: USA & Canada
- Europe: Germany, Netherlands, Switzerland, Belgium
- Southeast Asia: Indonesia, Malaysia
Supported by local and regional SAP partners, e.g. Ewald Consulting in Germany.
- Powerful functionality and intuitive interface
- Automatic recalculation of project forecasts keeping all data right inside SAP standard tables (information consistency and auditability)
- Drill Down reports to source documents by single click (information transparency)
- Fast installation and configuration (low cost of ownership)
- Experts with deep industry knowledge and SAP Project Systems background.
Contact Noveco via website or email (info@novecosystems.com) to arrange a live demo, trial proof-of-concept, or schedule training in your region.
