ARES PRISM Review
- What is ARES PRISM
- Product Quality Score
- Main Features
- List of Benefits
- Awards Section
- Technical Specifications
- Available Integrations
- Customer Support
- Pricing Plans
- Other Popular Software Reviews
What is ARES PRISM?ARES PRISM is an enterprise project controls software that enables you to manage your capital projects’ costs and monitor your projects’ performance. It allows you to estimate project costs and carbon, perform earned value management (EVM), and closely manage project changes and contracts without relying on faulty spreadsheets. It also allows you to record invoices and payments to update and complete contract transactions. ARES PRISM provides field management tools that enable engineers to input relevant project information and update task progress from the mobile devices. Project controllers and project managers can define the hours and budget allocated for each task and analyze performance and progress for better visibility and control. The software has a contractor portal for third party vendors that enables certain permissions to update their project data in real-time. ARES PRISM supports workflow automation for repetitive tasks to improve accuracy and efficiency. It also provides procurement tools that enable you to create requisitions and purchase orders, track shipments, and perform bid analysis.
Product Quality Score
ARES PRISM features
Main features of ARES PRISM are:
- Cost Management
- Engineering Management
- Contract Management
- Procurement Management
- Field Management
- Document Management
- Project Cost Estimation and Carbon Estimation
- Built-in Primavera P6 and MS Project Integration
ARES PRISM Benefits
The main benefits of ARES PRISM are managing projects’ costs, tracking changes with multi-tiered approval processes costs, EVM, and generating actionable analytics.
Manages project cost and performance
ARES PRISM helps you manage and control your projects. It allows you to define, assign, and update projects and plan and control the resources allocated for each task. It also evaluates your progress and performance-based milestone measurements that you can configure. Additionally, ARES PRISM provides contract management and change management. You can collaborate with other departments and contracts, markup documents, and access the version history.
Tracks estimates and costs
ARES PRISM provides improved visibility over your budget and expenses. It estimates costs according to the tasks, materials, and other resources needed to complete a project. It supports multiple users, and you can define their roles to restrict or enable them to complete specific tasks. ARES PRISM considers change orders in estimates and forecasts. It also provides procurement capabilities to help you generate purchase orders, measure fabrication progress, and record invoices and payments.
Generates actionable analytics and reports
ARES PRISM generates reports that visualize all aspects of your projects. The dashboard module shows budgeted, actual, and forecasted costs and progress and performance statistics. Other analytics can also provide insight into your change orders, project schedule, and time-phased data. The software comes with more than 200 standard reports built-in.
- Great User Experience Award
- Rising Star Award
- Small business
- Medium business
ARES PRISM Integrations
The following ARES PRISM integrations are currently offered by the vendor:
ARES PRISM integrates with Oracle Primavera P6 and Microsoft Project out-of-the-box, but can also integrate bi-directionally with these systems through the PRISM Integrator module. PRISM Integrator allows for bi-directional integration between IT, financial systems (SAP), ERPs, legacy systems, all major databases, web services, IoT, document management systems, Salesforce, SharePoint, Sage, email platforms, and more.
ARES PRISM pricing is available in the following plans: