ERP in Construction Industry

Implementing an ERP in the company helps in time management. Today every organization needs ERP software for an effective time management, especially the most challenging Construction Industry.

With the implementation of an ERP, companies will able to create a strong customer base and make their business a success by managing their business process. Many of functions in the ERP software is one-step process for quick productivity information.

ERP manages areas like Sales Management, Tendering, Material management, Supplier management etc. to enhance the internal business process. It helps the organizations in integrating all processes and data’s in a single unified direction which leads to a tight integration between all projects and site offices with the company headquarters. This will help to bring the highest visibility and profitability to the construction company.

Accounting, financial management, and payroll tools designed to make the financial sector of your business more streamlined and accessible across all departments.

Bid management efficiencies, with the ability to access historical customer data and financial records through a fully-integrated customer relationship management (CRM) solution.

Historical data and performance analysis, with the ability to drill down into detailed metrics, while also giving the bird-eye-view visibility you might currently be lacking without an implemented ERP solution.

Maintains the automation throughout the organization and across multiple locations.

Profitability tracking, margin control, and asset management, specifically designed for the management of construction equipment and resources.

Mobility, with the ability to access ERP data anywhere through a mobile device or tablet.

Project Tracking

In the construction field, the ability to track and analyze the progress of a project is crucial. Construction projects need to be completed on time, and the staff needs to be held accountable for their performance. With an ERP system, the stack holders have total visibility into the progress of a project, from start to finish to ensure they’re being completed on time and being done by-the-book. With this visibility, operational performance will be bolstered and projects won’t slip through the cracks.

This all means that the company’s ERP strategy is likely to change, or perhaps the IT strategy will demand a different ERP platform than the one which is currently used. One question to ask is whether you want ERP to perform as the center of all your business processes. Thus, moving to a medium but more flexible, less expensive and demanding ERP may be the answer rather than the expensive solution which may not adapt to the business processes of the company.