About Noveco
Noveco is a certified SAP add-on designed to enhance and simplify the SAP Project System (PS) module. It provides a suite of integrated software components for project cost and revenue management, forecasting, scheduling, and reporting, all within the SAP ECC or S/4HANA environment. The platform aims to replace the need for external spreadsheets and third-party tools by offering a single source of truth for project-centric businesses.
Noveco is a specialized software add-on for businesses that use SAP Project System (PS) to manage complex projects. Developed by Noveco Systems, it functions as a powerful enhancement suite built directly within SAP ECC or S/4HANA, eliminating the need for external interfaces, middleware, or spreadsheets for project control. The platform is aimed at project-centric industries like engineering, construction, manufacturing, and utilities. Its core capabilities include detailed cost and revenue estimating, automated forecasting of Cost to Complete (CTC) and Estimated at Completion (EAC), and variation management. A key feature is the Project Manager Workbench, which provides a centralized, real-time dashboard for monitoring KPIs, drilling down into source documents, and managing the entire project lifecycle. The solution also includes a Fiori-based Gantt chart for visual project scheduling and resource planning. Pricing is not public, and interested parties must request a demo, which is typical for enterprise-grade SAP solutions. Support is available via email, and the company offers implementation consulting.
Pros & Cons
- Integrates directly into SAP PS, ECC, and S/4HANA, providing a single source of truth for project data.
- Eliminates the need for error-prone spreadsheets and disparate third-party tools for project forecasting and reporting.
- Offers powerful, specialized features for project-centric industries like construction and manufacturing.
- Provides real-time data and drill-down capabilities to source documents within SAP.
- Certified for SAP S/4HANA, ensuring compatibility and stability.
- Only suitable for organizations that use the SAP Project System module.
- Pricing is not publicly available and requires contacting the vendor for a quote.
- Implementation, while quick, requires specialized knowledge of SAP PS.
- The company appears to be very small, which may be a concern for large enterprise support.
Features
Key features
Provides a single, integrated environment within SAP to manage the entire project lifecycle, review KPIs, update forecasts, and execute drill-down reports.
Automatically recalculates Cost To Complete (CTC) and Estimated At Completion (EAC) based on actual costs and commitments, eliminating manual replanning.
Create detailed project estimates within SAP before project approval, using templates or previous projects to accelerate tender responses.
Offers a full-scale, graphical project scheduling tool for managing timelines, dependencies, and resources with drag-and-drop functionality.
Tracks and integrates changes to project scope, automatically updating project budgets, revenues, and forecasts with a full history.
Generates resource requirements and evaluates available capacity, providing an interface for allocating resources to project tasks.
Additional features
Enables users to interrogate data and navigate directly to source documents such as purchase orders, goods receipts, and time sheets.
Allows for the assessment and tracking of project risks to better inform forecasts and contingencies.
Monitors project milestones and performance against the plan to determine if projects are on time and on budget.
Provides real-time insights into project and portfolio cash balances based on cost and revenue forecasts.
Presents project key performance indicators in a clear, graphical format for quick analysis and decision-making.
Built directly inside SAP ECC or S/4HANA, requiring no interfaces, middleware, or separate databases for real-time performance.
Pricing
Countries & Languages
Available in
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About Noveco
Noveco is a certified SAP add-on designed to enhance and simplify the SAP Project System (PS) module. It provides a suite of integrated software components for project cost and revenue management, forecasting, scheduling, and reporting, all within the SAP ECC or S/4HANA environment. The platform aims to replace the need for external spreadsheets and third-party tools by offering a single source of truth for project-centric businesses.
Noveco Details
Noveco's In-App Market Place
Does Noveco have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
0
Mini Apps
Pricing Options
Accepted Payment Currencies
USD
Pros & Cons
- Integrates directly into SAP PS, ECC, and S/4HANA, providing a single source of truth for project data.
- Eliminates the need for error-prone spreadsheets and disparate third-party tools for project forecasting and reporting.
- Offers powerful, specialized features for project-centric industries like construction and manufacturing.
- Provides real-time data and drill-down capabilities to source documents within SAP.
- Certified for SAP S/4HANA, ensuring compatibility and stability.
- Only suitable for organizations that use the SAP Project System module.
- Pricing is not publicly available and requires contacting the vendor for a quote.
- Implementation, while quick, requires specialized knowledge of SAP PS.
- The company appears to be very small, which may be a concern for large enterprise support.
Noveco's Support Options
Email Address
info@novecosystems.comNoveco's Alternatives
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