FACTON Releases Version 11 of EPC Cost Management Solution

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A recent press release states, “Version 11 of FACTON EPC Cost Management integrates with the new software solution, the FACTON EPC Business Case Simulator. The FACTON EPC Business Case Simulator is the ideal extension of the Cost Management Solution. The application enables the simulation of calculation results and reveals the long-term effects of investment plans or customer projects on the profitability of the company. The interface in the FACTON EPC version 11 Cost Management Solution transfers data and company key figures from a calculation project to the EPC Business Case Simulator. With this software solution, users simulate economic and financial assumptions for a project, such as the effects of long-term agreements or different interest rates on capital. The results are available in real time and show the impact of the project on the company’s key figures over time. ‘EPC Cost Management now makes company-specific data available for cost scenarios. Users can calculate the influence of new parameters, such as material prices or exchange rates, and check them directly during negotiations. This considerably shortens the time needed to make decisions,’ comments Alexander M. Swoboda, CEO of FACTON.”

The release continues, “The new version of FACTON EPC Cost Management also features an improved comparison of project data with master data management. The tabular display of the deviations and the new dialog design provide greater clarity. Grouping and filter functions allow the user to control adjustments flexibly. The new version simplifies the updating of calculation types, which are frequently used as quotation calculations. If a project with costing types is nominated for comparison, the user can directly adopt the corresponding costing types. Users can select projects for comparison using drag and drop options from the Solution Explorer or via the search function. They can also now transfer entire folders. ‘The revision of the database comparison function was a central concern of our customers. We are pleased that the new version of our EPC Cost Management Solution reflects the many suggestions of our users,’ adds Alexander M. Swoboda.”

Read more at PR.com.

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