Benefits of ERP in Construction & the SIS Advantage
Enterprise resource planning (ERP) is a process of managing businesses end to end. It is facilitated by software that is highly integrated for increased cohesiveness and planning between departments. By connecting all departments where the hand-off from one to another is almost seamless, this approach drives collaboration and synergy, making the entire enterprise run as an efficient lubricated machine.
ERP and Construction
While enterprise and manufacturing resource planning has been well received and adopted across industries, construction has somewhat been lagging from embracing the new dawn of Cloud-based integrated enterprise applications.
Construction firms have traditionally grounded their requirements for technology applications based upon individual department needs. It is not uncommon to see different applications and platforms for field services, resource scheduling, inventory management, project management, time capture, accounting, and bookkeeping. This ad-hoc and soiled approach has driven construction firms into buying numerous software platforms leading to a hindrance in data flow, communication, and overall automation across the organization.
While construction firms have been lagging, they are not the only ones to share the guilt. There has been a lack of solutions catering specifically to the construction industry in Tier 1 and Tier 2 ERP platforms.
Integrated ERP Advantage
Dynamics 365 for Finance and Supply Chain is a leading ERP platform in the enterprise and middle market that offers several advantages that an integrated ERP system has to offer. It brings all business operations and processes under one umbrella, automating the record keeping while giving visibility to any or all transactions from a single unified application.
Construction firms can leverage an integrated ERP system to drive growth and scalability.
Project Bidding and Award: An ERP application with built-in customer management functionality, integrated with document management application can provide one source for management of project quotations and accessibility to the documents that form part of the project bidding phase such as engineering drawing, project estimates, and their revisions.
Project Execution: In the project buyout phase, an integrated ERP can benefit construction firms by reducing the overheads to stock and maintain inventory by streamlining the whole process of procurement to pushing the cost on a job, according to the principles of just in time inventory. An integrated ERP with built-in manufacturing functionality can add value for the construction firms, realizing the dream promised by lean manufacturing principles
Project Tracking – Since its integrated, it’s traceable.
Cash Flow- The importance of cash flow for a firm or a project cannot be emphasized enough. Visibility to the expected cash receipts and disbursement goes a long way in managing an enterprise, and all of this is possible because of the data which can be sliced, diced, and analyzed to give up the secrets of trends and seasonality for an industry.
The SIS Advantage
- 26 years of systems integration experience
- Proven industry-focused expertise with solutions powered by Microsoft technology
- In-house developed IP for industries including Project Cost Management and Advanced Labor (Union & Certified) Certified by Microsoft
- Local and global capability
- Skilled competency and a strong understanding of market needs
- Robust implementation methodology focused on success and more value for budget
- Predictable delivery process with a customer fully engaged
- Collaborative team with customers as a top priority
- Full-service VAR (value-added reseller)
- Gold Certified Partner and Tier 1 CSP Partner
- A client-centric technology practice
- Full-cycle services from a-la-cart services to complete end to end enterprise implementation cycle to strong managed services team for everything else
If your company is looking for a comprehensive & efficient Construction ERP solution, contact SIS to arrange a requirements discussion or demonstration.
About Abhay Agarwal, MBA, MCP – Dynamics 365 Senior Construction Operations Consultant
Abhay Agarwal is a veteran in the ERP industry with over nine years of experience implementing enterprise applications across industries. A finance professional, Abhay has proven his knowledge of dynamics products and has vanguard delivery teams to success on multiple occasions.
