conject offers its Commercial Management solution to project managers in the Middle East

Published June 26th, 2006 - 01:40 GMT
Al Bawaba
Al Bawaba

conject, the leading provider of Infrastructure Lifecycle Management (ILM) solutions, has introduced conject Commercial Management solution in the Middle East through its recently opened Dubai office. conject CM is an innovative software for cost management and controlling.

The conject CM package ensures successful construction management in compliance with budgets, deadlines and quality norms. This allows control and transparency in processes such as cash estimations, cost planning, contract management and financing and reduces follow-up work, allows better documentation of projects and avoidance of legal disputes.

The solution improves efficiency and organisation of business processes by providing project managers a constant overview of the latest status of their projects with respect to planning, budgeting, contract awards and billing, even across several projects, thus enabling them to recognise and rectify deviations from the plan at an early stage.

Frank Weiss, Managing Director, conject International says: “The solution is widely used across Europe and has become the standard cost management programme for medium-sized project development companies, large corporations and public administrations. This solution offers the region’s project managers a database-supported information system that contains all cost information. Its extensive analyses ensure the transparency of all project costs quickly and easily.”

The conject CM solution is flexible and can be integrated seamlessly into every IT environment, especially in accounting. Its interfaces are based on the current standards such as DTAus, GAEB, XML, and its SAP R/3 interfaces have been tested and approved by SAP AG.

The conject CM solution has been adopted by major banks and insurance firms by integrating conject’s cost control modules into their existing systems. CGI, the real estate fund of Commerzbank, for example has interfaces to SAP and has eliminated all costs resulting from redundant billing. Using the conject CM solution, the worldwide insurance company Allianz has put all its building costs in view, ensuring transparency and successful project implementation within the budget.

Available in nine languages including Arabic, conject’s portfolio of ILM solutions comprises over 45 Web-based IT modules that span the entire lifecycle of real estate projects from the stage of planning, building, developing and operating to facilities management. Besides conject Commercial Management, these include the conject Project Management and conject Facility Management solutions, with which multiple tasks such as setting up real project collaboration, documentation of data and ongoing maintenance can be automated.

 

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