Matt Mong, Vice President, Market Innovation and Category Design at Adeaca, the first company to introduce Project Business Automation (PBA), a new category of software systems for large manufacturing project-based companies, was a recent guest on Manufacturing Talk Radio podcast hosted by Lew Weiss and Tim Grady. Listen here for the full interview.
According to Mong, PBA ensures that many manual processes are automated. Data exchanges between operations and finance are instant, ensuring the financial status of projects are known 24/7. Visibility into the whole project manufacturing processes is transparent and real-time. If materials are delayed for a production order, that is instantly flagged on the project as a constraint and can be dealt with quickly by adjusting the timeline or sourcing materials elsewhere.
Manufacturing Talk Radio has been airing as a podcast since November of 2013, with interviews of industry executives, business thought leaders, respected economists, non-profit directors, elected officials, academic influencers, congressional representatives, and boots-on-the-ground manufacturing innovators to present a complete picture of the industry and the economy. It is one of several podcasts from Jacket Media Co that address the manufacturing industry in more depth and breadth than any mainstream media outlet.
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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