2f812089-7649-44cd-be5e-703cdffc8e9e
Drive efficiency & continuous learning in your project-based pricing and estimating process by enabling best-practices, mining your historical data in SAP & improving collaboration within your team to respond to RFx’s faster, more accurately and with more confidence. A partner that is a member of SAP’s curated startup ecosystem.
By Twenty5 LLC
SAP Certified
Overview
Improve accuracy of cost estimates
Leverage historical data, rates and powerful estimating algorithms, such as performance history, cost estimating relationships and parametric estimates, to develop accurate top-down vs. bottom-up estimates for labor, material, travel and other direct costs and embed continuous learning.
Reduce effort per proposal
With best practices proposal templates, re-use of prior proposals, workflows/approvals, automated estimating algorithms, and the ability to manage global bids under one roof, even complex bids can be quickly assembled. Versions and what-if scenarios can be quickly created and compared.
Better pricing decisions
Pricing can be automatically created for cost-plus, fixed price or T&M contract types leveraging pricing catalogs, flexible billing rates, volume discounts, customer discounts, etc. Pricing can be adjusted based on PTW targets and risk-adjusted margin calculations to find the optimal price point.
Enable compliance with government regulations
Meet U.S. Department of Defense DFARS 252.215-7002, Truth in Negotiations Act (TINA) and Small Business Administration (SBA) offsets requirements by maintaining full traceability between requirements, assumptions, source data, and estimates.
Bid with confidence
Make bid decisions based on a risk-adjusted cost and margin distribution profile (e.g. 22% margin with a 50% probability and 8% margin with 80% probability). This profile is calculated based on risk and opportunities, three-point estimates and estimating confidence scores.
Details
Solution type
Extensions and Add-ons
Industry
Engineering, Construction, and Operations, Professional Services, Aerospace and Defense
Compatibility
Works with
This product is compatible with or enhances the functionality of these SAP solutions but doesn't require them.
- SAP ERP
- SAP Business Technology Platform
- SAP S/4HANA Cloud Public Edition
Features
Flexible proposal structures
Create proposals flexibly with structures such as requirements, phases, line items/sub-items, WBS, Pricing, billing plans, risks, response plan, proposal BOMs, & various types of estimates (Labor, Material, Travel, etc.)
Estimate engineering & services
Estimate labor using a project plan, level of effort, three-point estimates, based on SAP performance history, parametrics (e.g. number of ESLOCs) and CERs (e.g. 10% of engineering effort), bring in cost/billing rates from SAP, & distribute costs based on curves or manual weekly/monthly inputs
Estimate production & procurement
Easily create or import proposal bills of material (BOM) from your ERP or PLM application incl. similar-to parts. Use powerful MRP-like algorithms to consolidate requirements, estimate cost & calculate confidence from your purchase history, vendor quotes, routing standards, production orders, etc.
Transition to execution
When winning a proposal the contract, project baseline & risk registry can be automatically created from the proposal to ensure continuity & to provide a baseline of estimated cost to measure project delivery performance against.
Risks and insights
Pitch-ready reporting based on estimates, risks & pricing to ensure accuracy, surface key discussions & make pricing decisions. Reports such as cost verification, risk adjusted cost/margin analysis, production summary, cash-flow, version comparisons, SBA offsets, hedging & flexible cost analyses.
Plans and pricing
All plans include:
- Annual subscription for role-based access to proposal cost estimating and pricing suite (iPE)
- Integration to your SAP S/4HANA or ECC ERP systems, Salesforce, Primavera P6, Project Lifecycle Management (PLM), email and Excel
- Use your own data visualization tool (e.g. SAC, Tableau etc.) for reporting
- Help-desk (via ticketing system and phone) support and issue resolution
- Regular (quarterly) upgrades and service-packs
- SAP Cloud Platform and/or SAP HANA database license required
- Implementation costs are approximately 1.5 - 2.5x annual subscription
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- For organizations with annual revenues up to $250M
- Setup fee includes design, config, SAP connection, data migration, 3 custom reports & 1 go-live support
- Additional implementation fees apply for multiple deployments, reports, PDF form layouts or enhancements
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- Interfaces to existing systems, enhancements and custom reports by request
- Implementation costs available by contacting Twenty5
- For organizations with annual revenue (or capital project spend) up to $1B
- Available on-premise (with HANA EE license) or as a service, via SAP BTP Cloud
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Customer reviews
2f812089-7649-44cd-be5e-703cdffc8e9e
Technical Information
Technical details
| Solution type | Extensions and Add-ons |
| Category | Supply Chain Planning |
| Industry | Engineering, Construction, and Operations, Professional Services, Aerospace and Defense |
| Works with |
|
Deployment and operations
The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
| Deployment |
|
| Globalization |
|
| Operations |
|
Security and compliance
The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
| Security |
|
| Privacy policy |
SAP's privacy policy is not applicable to the use of this app. Please refer to the privacy policy provided by this app's partner. |
terms-and-conditions-url
https://b47555dd-a7aa-4cbf-9c66-017cd104f95a.filesusr.com/ugd/d7e7c2_99aed435bd8a49c282e00ab9fdb3c7d9.pdf
technical-name
2001008702
is-partner
true
support-email
mailto:sales@twenty5.com
Resources
SAP Certified - Integration with GROW with SAP
Customer Interview: Cubic Corporation
Industry Overview: Professional Services
Industry Overview: Aerospace & Defense
White paper
Recorded webinar with solution demo
Professional Services Flyer (Infographic)
Publisher
Twenty5 LLC
Twenty5 is an innovative software company working to transform project-centric businesses running SAP® leveraging the latest technology such as SAP HANA®. Our founders each have 25+ years of experience in the enterprise software world with deep knowledge in SAP, A&D and modern web technology.
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