ARES PRISM
Enterprise project controls and project management software
4.3 /5 (24 reviews) Write a Review!ARES PRISM Overview
What is ARES PRISM?
ARES PRISM is an on-premise and web-based solution helping organizations measure progress and performance across projects and programs. Key features include cost management, change management, contracts, procurement, engineering, documentation, estimating, field management, and earned value management.
The ARES PRISM platform comes with a centralized dashboard, which enables executives to view forecasted costs, approve pending changes, schedule milestones, spot project trends, identify high-risk projects, and manage time-phased cash flow data. Finance teams can create control accounts to manage project data, plan resource allocations, and measure productivity using cost, hour, and quantity control elements. Plus, managers can establish budgets by tasks and deliverables, as well as group and organize documents with flexible coding.
ARES PRISM's contract management module helps teams collect contract bids, evaluate contract performance, and record invoices and payments to complete contract transactions. It lets users work collaboratively on estimates and historical databases, enhancing consistency in processes across the organisation. Managers can provide role-based access to procurement professionals and generate supplier performance scorecards.
ARES PRISM Overview
Pricing
Pricing options
Contact ARES PRISM for online demo or pricing details at [email protected]
ARES PRISM Features
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ARES PRISM Reviews
ARES PRISM Reviews
PRISM - Oct-2019
For the first time in our organization we managed to drop all excel sheets and use one solution that caters for all business needs. Reporting accuracy has increased noticeably, and time to generate reports has dropped drastically which in turn gave our users the time to do what is more important in their jobs.
Great cost control software with instant budget and schedule integration
There are many benefits to using the software. I like the enterprise reporting capability where multiple cost engineers can be managing projects in the system and that data can be combined at the program level. As a cost engineer, financial analyst, or project manager, there are few tools that can match G2 out of the box. There are definitely some competitors who offer products that can be tailored more to a specific business, but the amount of time and money that is required for the customization is very expensive. G2 is great for anyone who is converting from spreadsheets to a more structured platform.
I have had experience with the PRISM software products since 1996, my level is expert.
Reduced effort in managing the monthly reporting process, reduced duplicate work, reduced effort spent finding mistakes in the multiple systems we used. ROI was realized quickly. Baseline can be established quickly allowing the monthly reporting and trending processes to begin sooner in the project cycle. Ability to establish a baseline while the other systems (schedule & estimate) are being fine tuned. The change management features save time on the project and allow changes to be incorporated very quickly!
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PRISM - Oct-2019
Pros
- Ease of use, PRISM is user-friendly and allow flexible import/export functionality, plus a lot of utilities that caters for bulk updates.
- Comprehensive Project Controls Capability and features, PRISM is a one stop shop, you don't need to look for additional systems to cover gaps, because there isn't any.
- Fully Integrated solution, All modules talk to each other very efficiently, no need to worry about external integrations.
- Excellent Support team, Experienced and responsive team that resolves issues promptly.
Cons
- Reporting features, PRISM standard reports are good but a bit difficult to customize.
What I like about Classic and G2
Pros
Very easy to setup. The clients I support want different things, so the setup has to be flexible
Cons
not always easy to get support on a question
80's/90's Graphics
Not happy yet, primarily to cludgy reports.
Pros
Use of Excel to update via imports and exports
Wide variety of canned reports and processes (includes change control, trends)
Cons
Canned 80's/90's style reports that cannot be modified.
Can't copy an existing report to modify and make another report.
Executive Summary reports do not format correctly. S-Curve /Histogram has errors on progress (group that has not started yet shows progress.
Technical Support not consistent.
Dashboard is not included.
Great cost control software with instant budget and schedule integration
There are many benefits to using the software. I like the enterprise reporting capability where multiple cost engineers can be managing projects in the system and that data can be combined at the program level. As a cost engineer, financial analyst, or project manager, there are few tools that can match G2 out of the box. There are definitely some competitors who offer products that can be tailored more to a specific business, but the amount of time and money that is required for the customization is very expensive. G2 is great for anyone who is converting from spreadsheets to a more structured platform.
Pros
The things I like most about G2 is that it is ready to go out of the box. G2 provides enough structure for you to start using it immediately, but also offers the ability to customize to many different business needs. G2 can be used at a project or program level to manage projects from a few million to several billion dollars.
Some other benefits are that you can quickly setup the software to integrate with SAP, load actuals, and see your EAC quickly in both tabular and graphical form. You can select your physical progress method to obtain both calculated and independent EAC's.
Integrating the software with Primavera is also very easy by creating a cross-reference utilizing G2's built in utilities. The same can be done to map your estimate to control accounts so that you have a common element at the level which the project is managed.
There are a good amount of standard reports are available and the system also has a report writer available.
When starting a new project, I immediately go to G2. I like the fact that reporting periods are locked down once closed out and forecasts can be obtained easily. The system also allows you to process accruals in a couple of different ways and allows the tracking of both actuals and incurred.
Great software that I will continue to use for many years!
Cons
There are a good amount of standard reports available, but if using the report writer, some time is required to learn.
I have had experience with the PRISM software products since 1996, my level is expert.
Reduced effort in managing the monthly reporting process, reduced duplicate work, reduced effort spent finding mistakes in the multiple systems we used. ROI was realized quickly. Baseline can be established quickly allowing the monthly reporting and trending processes to begin sooner in the project cycle. Ability to establish a baseline while the other systems (schedule & estimate) are being fine tuned. The change management features save time on the project and allow changes to be incorporated very quickly!
Pros
It's ready to go on Day 1, you can actually load data and start configuration immediately and develop a PMB very quickly. I've used on Mining, O&G, Energy, Land Development, Rail, Airports, Government EVMS required projects, and even IT projects and PRISM has always met my program' / projects' needs. If there is a gap, the ARES team works to understand the requirement and close the gap. The ROI was quick as the implementation and training cost were fare less than other tools on the market. The system has many reports to analyze a programs performance if tracking unit rates, quantities or just contract and subcontract values. It's easy to get data into and out of the system and doesn't require complex work flows.
Cons
The on-screen analytics can be improved. All analytics run through reports or from the Dashboard system. It has taken us a long time to get service packs to fix technical issues in the past. It's seems to be getting better. Most issues were addressed with simple work-a-rounds luckily.
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ARES PRISM Pricing
ARES PRISM Pricing
Contact ARES PRISM for online demo or pricing details at [email protected]
Contact ARES PRISM for online demo or pricing details at [email protected]
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ARES PRISM Features
ARES PRISM Features
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Categories
Categories
Additional information for ARES PRISM
Additional information for ARES PRISM
Key features of ARES PRISM
- Accounting Integration
- Bid Management
- Bills of Material
- Change Management
- Contract Management
- Cost-to-Completion Tracking
- Dashboard
- Data Collection
- Document Management
- Email Integration
- Equipment Tracking
- Estimating
- Exception Reporting
- Inventory Management
- Invoice Management
- Issue Management
- Job Costing
- Job Tracking
- Milestone Tracking
- Mobile Access
- Portfolio Management
- Project Notes
- Project Planning
- Project Tracking
- Purchase Order Management
- Requirements Management
- Resource Management
- Revenue Recognition
- Scheduling
- Status Tracking
- Subcontractor Management
- Supplier Management
- Task Management
- Time & Expense Tracking
- Work Order Management
Benefits
- Improves financial performance with an out-of-the-box proven solution
- Improves workflow, enhances visibility and control
- Measures performance across projects, programs and enterprise
- Fast ROI with simple and fast implementation without any customization required
- Provides ability to manage demanding complex projects easily
ARES PRISM FAQs
ARES PRISM FAQs
Below are some frequently asked questions for ARES PRISM.
Q. What type of pricing plans does ARES PRISM offer?
ARES PRISM offers the following pricing plans:
Pricing model: One Time License, Subscription
Free Trial: Available
Contact ARES PRISM for online demo or pricing details at [email protected]
Q. What are the main features of ARES PRISM?
ARES PRISM offers the following features:
- Accounting Integration
- Bid Management
- Bills of Material
- Change Management
- Contract Management
- Cost-to-Completion Tracking
- Dashboard
- Data Collection
- Document Management
- Email Integration
- Equipment Tracking
- Estimating
- Exception Reporting
- Inventory Management
- Invoice Management
- Issue Management
- Job Costing
- Job Tracking
- Milestone Tracking
- Mobile Access
- Portfolio Management
- Project Notes
- Project Planning
- Project Tracking
- Purchase Order Management
- Requirements Management
- Resource Management
- Revenue Recognition
- Scheduling
- Status Tracking
- Subcontractor Management
- Supplier Management
- Task Management
- Time & Expense Tracking
- Work Order Management
Q. Who are the typical users of ARES PRISM?
ARES PRISM has the following typical customers:
Large Enterprises, Mid Size Business
Q. What languages does ARES PRISM support?
ARES PRISM supports the following languages:
English, French, German, Japanese, Portuguese, Spanish
Q. What type of pricing plans does ARES PRISM offer?
ARES PRISM has the following pricing plans:
One Time License, Subscription
Q. Does ARES PRISM support mobile devices?
We do not have any information about what devices ARES PRISM supports
Q. What other apps does ARES PRISM integrate with?
ARES PRISM integrates with the following applications:
Box, IBM Connections, Oracle Primavera, SAP Business One, SYSPRO, Sage 500, Salesforce Essentials, ServiceMax, SharePoint, SugarCRM
Q. What level of support does ARES PRISM offer?
ARES PRISM offers the following support options:
Phone Support, Online Support, Knowledge Base, Video Tutorials
For the first time in our organization we managed to drop all excel sheets and use one solution that caters for all business needs. Reporting accuracy has increased noticeably, and time to generate reports has dropped drastically which in turn gave our users the time to do what is more important in their jobs.