5 Key challenges EPCs currently face

How can IFS support EPCs with solutions to these challenges?

Efficiently managing a large labor force while ensuring high productivity poses a significant challenge for Engineering, Procurement, and Construction (EPC) companies. Additionally, handling complex projects and multiple jobs requires robust back-office solutions to manage time sheets, timely payments, and project completion within budget. 

EPCs (Engineering, Procurement & Construction) are constantly evolving and changing, contributing to the increasing complexity of EPCs. Here are five key challenges that EPCs currently face :

• Labor Management
• Procurement
• Winning Work
• Offshore/Onshore
• System Architecture Requirements

IFS offers a comprehensive solution for engineering, procurement, and construction (EPC) companies to effectively manage their workforce, procurement process, and submit project bids for successful project delivery. Additionally, the solution addresses offshore/onshore challenges and adopts a future-focused system architecture with a digital back bone provided by the an ERP solution that enhances decision-making and integration for sustainable growth. 

Download our infographic and learn how IFS can support EPCs and facilitate success for your business. Take your EPC business to new heights with IFS today.