Centre for European Policy Studies reaps rewards with Replicon
Founded in 1983, the Centre for European Policy Studies (CEPS) is a leading think tank and forum for debate on European Union (EU) affairs, in areas including economic and social welfare policies, energy and climate change, foreign policy and financial institutions and markets. Based in Brussels, Belgium, CEPS’ team of researchers work with an extensive network of partners, policy-makers and business representatives to disseminate its findings through publications and public events.
Challenges in managing multiple and multi-year projects
CEPS’ funding comes from a variety of sources, with a significant portion of this coming from European Union research contracts and tenders awarded on a competitive basis by EU institutions, agencies and national governments. According to Sally Scott, Head of Finance and Administration at the Centre for European Policy Studies, as the CEPS’ number of contracts grew, so did the urgency to move to a reliable timesheet system to allocate research hours against multiple projects.
Another challenge was that CEPS needed to have visibility into time off submitted and accrued by researchers so that they could effectively manage a project over time – however, absences were tracked using paper-based processes, providing teams with limited visibility on who was available to work on projects in certain timeframes. CEPS also required better solutions to justify how many hours were being spent on a project to its funding sources. Using manual systems was no longer functional – visibility and accessibility was a critical driver in moving to a more automated solution.
A valuable solution to capture and forecast time with ease
After an extensive evaluation, CEPS chose Replicon for its easy-to-use interface and its ability to manage all timesheets and time off taken and accrued in the cloud. The think tank implemented Replicon Project Cost, which captures time across multiple projects smoothly, giving management a holistic view of projects status, costs and deadlines. CEPS has different units for each research area, with an average of five to six people working on one project, while also being spread across several other projects. Using Replicon Project Cost, the think tank was impressed with the flexibility of the system to add projects and sub projects with ease, identify the right mix of people to work across tasks, and understand how researcher’s availability impacted the status and delivery of projects.
In addition, Replicon TimeOff was implemented, which simplifies and streamlines time off requests and empowers employees to gain full visibility into time off balances. For CEPS, this also helps to forecast and better utilize people’s time as they can identify any time off conflicts or upcoming absences to more effectively plan ahead.
“When you have hundreds of projects taking place simultaneously, it’s absolutely vital to see the big picture and then drill into how best to allocate resources, while having the flexibility to adjust these resources over time as projects evolve. We also need to track internal activities, such as general administration tasks, and this process is a breeze with Replicon,” said Scott.
Derive insights and drive future growth
Using Replicon’s solutions, CEPS now has a straightforward process in allocating resources and managing hundreds of projects simultaneously from start to finish. Replicon plays a central role in how time is optimized, so that teams can reduce or increase the amount of resources spent on a project to meet deliverables and deadlines. For example, the solution includes a progress bar so that teams have a clear overview of how many hours have been used on each project so that time and budgets are effectively managed. Replicon’s advanced reporting functionalities provide valuable insights to effectively view and manage all projects, through its dynamic charts and dashboards.
These reports have also supported the increasing requirement to provide records of where time and money is spent across projects to auditors or to various funding sources. Using Replicon Project Cost, CEPS eliminates the hassle and uncertainty in how time is tracked and reported, providing details on multiple tasks and projects in real time.
“Throughout the year I will review projects and update the details so that I can effectively manage resources across teams. This is where Replicon has been incredibly helpful to me personally – if I see that a certain project is not matching its estimate, I can then connect with the relevant project lead to discuss this and revise our forecasts as needed.
“A major advantage in using a cloud-based solution is that when auditors check our records, we can rest assured that we have identified any inaccuracies instantly, so that we present a clear audit trail of where time has been spent. We are always able to know and show where the money goes, and comply with the funding requirements of each and every research contract,” said Scott.
As a result of deploying Replicon, the think tank’s management team now has freed up time it had previously spent on conducting administrative tasks, and can more readily focus on key business priorities such as exploring additional research projects to pursue and collaborating with its network of partners and business partners. CEPS has exponentially increased the number and complexity of research contracts over the last few years, however it has not required additional headcount to effectively manage resources and projects.
"A major advantage in using a cloud-based solution is that when auditors check our records, we can rest assured that we have identified any inaccuracies instantly, so that we present a clear audit trail of where time has been spent. We are always able to know and show where the money goes, and comply with funding requirements of each and every research contract."