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SIS Unveils Construct 365 Copilot: Transforming Construction Management

In a groundbreaking revelation for the construction industry, SIS LLC has announced the launch of Construct 365 Copilot, a cutting-edge AI-driven solution designed specifically for construction enterprises. As a dedicated partner of Microsoft Dynamics 365, SIS is committed to enhancing the capabilities of project-based businesses, particularly in the construction sector. This innovative tool connects multiple built-for-purpose AI agents to Dynamics 365 Finance and SIS Construct 365 Project Cost Management systems using the Model Context Protocol, allowing companies to access essential project financial information with remarkable speed and accuracy.

Enhancing Project Financial Intelligence

The Construct 365 Copilot empowers teams across finance, project management, and commercial sectors to ask questions in everyday language, receiving instant, accurate responses. Gone are the days of laborious spreadsheet reconciliations or waiting for cumbersome month-end reports. With this new technology, teams can understand their financial data at a glance and make informed decisions as issues arise.

“Construct 365 Copilot exemplifies the intersection between state-of-the-art artificial intelligence and extensive construction expertise. By leveraging real-time data from Dynamics 365 and SIS’s project cost management tools, it enables firms to transition from basic data collection to informed decision-making swiftly,” states Jamie Hall, AEC Industry Lead at Microsoft.

Key Features of Construct 365 Copilot

The Construct 365 Copilot delivers a suite of features tailored for the construction sector:

• - CVR Command (UK-focused): Provides instantaneous Cost Value Reconciliation for each project, summarizing margin, estimated cost at completion (ECAC), forecast variance, and presenting findings in executive-ready formats.
• - WIP Command (US-focused): Analyzes Work-in-Progress data in real-time, including earned revenue, margin trends compared to previous periods, and over/under billings.
• - Commitment Guard: Notifies teams about potential overruns on purchase orders and subcontracts before they impact actual costs.
• - Portfolio Health Monitoring: Ranks ongoing projects from worst to best based on clear indicators of Red, Amber, or Green (RAG) status, allowing for quick assessments of project health.
• - Additional agents for a range of functions including billing applications, subcontract management, field data, and forecasting ensure comprehensive oversight and control.

These agents are designed to require no new infrastructure, providing a risk-free transition for existing SIS Construct 365 PCM and Microsoft Dynamics 365 customers. The intelligence they provide is approved by IT, ensuring security and reliability from day one.

Transforming Decision-Making Processes

According to Mark Kershteyn, Partner at SIS, “Construction projects can generate vast amounts of financial data daily, yet many teams still resort to tedious manual reporting to grasp their project dynamics. Construct 365 Copilot revolutionizes this process, enabling teams to surface a complete financial picture rapidly across various metrics such as CVR, work-in-progress, and portfolio health. This allows proactive management before issues escalate.”

The immediate benefits of deploying Construct 365 Copilot include:

• - Proactive control over margins and early detection of cost overruns.
• - Enhanced insights into project CVR and WIP.
• - Significantly reduced reporting time for finance and commercial teams.
• - Enhanced decision-making capabilities well before the closing of financial periods.

Conclusion and Future Outlook

The introduction of Construct 365 Copilot marks a significant advancement in the pursuit of increased efficiency and intelligence within the construction industry. Available now for existing customers of SIS Construct 365 PCM and Microsoft Dynamics 365, this innovative tool promises to transform how construction firms manage costs and project delivery, paving the way for greater profitability and resilience in an increasingly competitive market.

With over 25 years of experience in the construction and project-based industries, SIS LLC continues to lead with cutting-edge solutions tailored for the unique challenges of their clients. For more information, visit www.sisn.com.