Product Insights

The Workflow app in Omega 365 has been refined with a cleaner layout and several usability improvements. We are also consolidating the different workflow apps into one unified solution for a more consistent experience.

Omega 365 introduces Knowledge Packs, a new way to organize and publish knowledge across your projects and operations. By combining curated data with OpenAI-powered chat, Knowledge Packs give users quick, intelligent answers based on the documents, activities and workflows they already work with in Omega 365.

The Omega 365 Product Insights Booklet is a comprehensive introduction to the Omega 365 platform and has now been updated with new content, design, and features. This new edition highlights the product suite and recent improvements that support efficiency and innovation across industries.

Omega 365 enables contractors to share documents directly with each other through a controlled interface, without the project owner needing to grant access. Contractors can request and approve access to documents, always see the latest revisions, and manage permissions flexibly—reducing administrative overhead while ensuring up-to-date information is available across project interfaces.

Finance Controllers focus on company-wide finances, compliance, and reporting, using ERP for transactions and Omega 365 for forecasts. Cost Controllers manage project-level costs, forecasts, and performance, relying on Omega 365 for real-time insights integrated with ERP data.

Meetings are a core part of how organizations make decisions, align teams, and track progress. But managing meetings effectively—before, during, and after—can often feel disorganized and inefficient. With Omega 365 Meetings, your entire meeting process is streamlined in one powerful, integrated system. This post outlines recommended practices for using the Meetings app in Omega 365 to get the most out of your meetings—ensuring preparation, execution, and follow-up are seamless and traceable.

Risk management in capital projects is vital for success. Using global standars, and Omega 365, it involves planning, identifying, analyzing, responding, and monitoring risks. Omega 365 enhances this with tools like AI-powered identification of risks and mitigating mesaures, Monte Carlo simulations, risk registers, and live dashboards. It supports early risk identification, structured assessments, and actionable responses. Continuous learning, addressing both threats and opportunities.

Omega 365 Document Management integrates workflows for Third-Party Verification, enabling submission, tracking, and compliance with standards like ISO 9001. Key features include document marking, submission, iteration support, status tracking, and audit trails. Use cases include technical design verification, regulatory approvals, and subcontractor deliverables.

A new feature in Risk Management allows teams to set target risk levels, defining desired post-treatment risks. Targets are displayed in the matrix for clear comparison with current risks, aiding structured risk management per standards like ISO 31000. Risk Managers can set, update, or delete targets, visible as "T" in the matrix. Practical uses include tracking strategic, operational, and project risks. The feature launches in early August, enhancing risk reviews and decision-making.

Backed by three decades of real-world project experience and built around recognized standards, Omega 365 offers a proven framework for cost management in capital projects. From WBS and forecasting to change control, risk, and earned value, this post highlights how leading organizations use Omega 365 to enable structured, transparent, and reliable project execution and reporting.

Omega 365 introduces out-of-office delegation for document management, enabling users to assign delegates for tasks like reviewing, checking, and approving during absences. Delegates can be set for specific periods, organizational units, and task types, ensuring seamless workflow continuity. Responsibilities revert to the original user post-delegation. The feature is under internal testing and will be available soon.

Efficient project commitment control in Omega 365 combines PO imports from ERP systems like SAP with Contract Management for full lifecycle control. This setup enables tracking VORs, contract changes, and accurate forecasting. Import POs based on Excel templates or use API's. Updated commitments can be viewed in WBS Cost & Progress and integrated into forecasts. The PO Review app provides detailed insights into purchase orders and related invoices