Skip to main content

Posts

Showing posts from March, 2019

How ERP for Project-based Businesseshelps manage costs in the construction industry?

While there are software and dedicated apps to manage finance for your organisation, a centralised ERP for project-based businesses can integrate your business functions. From basic calculations to sales forecasts, every financial function can be taken care of effectively using the single dashboard of an ERP. Let’s take a look at some of the key areas in the construction industry where an ERP can support businesseswith visible cost optimisation. ·          Basic Finance functions Automation through ERP assists your business to manage income and expenses, credit and debit, payrolls, loans, sales and purchases, etc. You can tailor the ERP platform to include specific taxes, duties and other data points that are relevant to your business. ·          Manage quotes and bids Project Management ERP such as OMNI provides the Detailed Resource Level Costing capability which gives your business a clear picture of bids and quotes. Here, understanding the cost structure is

Effectively manage your data with an ERP for constructions

Every business needs to manage an enormous amount of data on a daily basis. When it comes to data management, fragments of data can be found on numerous systems across the organisation if your business is still using manual processes. On the other hand,  ERP for constructions can be implemented to organise and gain value out of the data. Data handling challenges in the construction industry Unlike many other industries, construction work is more dynamic in nature. Managers have to co-ordinate with the office as well as the construction site for managing their day to day tasks. On construction sites, there will be new challenges every day. Reporting field data becomes a challenge. There are site managers who may be working on remote sites. They need to focus on the site work while sending out the reports accurately. Senior managers who are responsible for managing multiple sites have to keep track of progress on each site.   In these scenarios, a centralised system with su

How To Find The Best Software For EPC Contractors?

Have you been looking for the   Best Software for EPC Contractor  to ensurefulfilment of On Time and Profitable EPC Projects? Then, you should be looking at software solutions that can give you benefits both at organisational level as well as project level. As you do not want to use separate software for managing your contract projects and for managing your organisation’s workflow. The whole aim of getting an ERP solution is to integrate all the processes without having to struggle with the usage of numerous software. Considering an ERP solution for automation?Here are a few things to think about: Can your chosen software for Engineering or EPC contractors improve your communication and collaboration between your various stakeholders? Can the software provide on-time, on-budget delivery of projects by giving you complete control of project planning and implementation? Will you be able to efficiently manage budgets as well as baselines usingprecise forecasts/analysis o

What is the best construction management software?

Gone are the days of multiple software apps that reduced efficiency. The bestconstruction management software in the market today gives you an all-in-one solution which integrates several functionalities crucial for running fast and efficient business processes. How is integrated software empowering the construction industry? According to recent market research reports , the global construction project management software market will grow from US$ 1030 million in 2019 to US$ 1620 in 2024.   Nowadays, the software is designed to offer an end-to-end solution. Every function from the beginning of a construction project to the completion of the project can be easily managed using a single software. What if you need a popular software such as Tally? It can be easily integrated as third-party integrations in a smartly designed software by a reputed company. Construction is an asset-intensive industry where builders along with project engineers, contractors and other stakeho