{"id":102166,"date":"2020-02-14T00:00:00","date_gmt":"2020-02-14T05:00:00","guid":{"rendered":"https:\/\/sisn.com\/benefits-of-integrated-erp-software-in-construction\/"},"modified":"2025-12-18T02:05:06","modified_gmt":"2025-12-18T07:05:06","slug":"benefits-of-erp-in-construction","status":"publish","type":"post","link":"https:\/\/sisn.com\/en-gb\/benefits-of-erp-in-construction\/","title":{"rendered":"Benefits of ERP in Construction"},"content":{"rendered":"\t\t
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Benefits of ERP in Construction & t<\/u><\/strong>he SIS Advantage<\/u><\/strong><\/h2>

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.<\/p>

ERP and Construction<\/u><\/strong><\/h3>

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.<\/p>

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 organisation.<\/p>

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.<\/p>

Integrated ERP Advantage<\/u><\/strong><\/h3>

Dynamics 365 for Finance and Supply Chain<\/a>\u00a0is 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.<\/p>

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Construction firms can leverage an integrated ERP system to drive growth and scalability.<\/u><\/strong><\/h3><\/div><\/div><\/div><\/div><\/div><\/div><\/div>
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Project Bidding and Award:<\/strong>\u00a0An 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.<\/p>

Project Execution<\/strong>: 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, realising the dream promised by lean manufacturing principles<\/p>

Project Tracking<\/strong>\u00a0\u2013 Since its integrated, it\u2019s traceable.<\/p>

Cash Flow-<\/strong>\u00a0The importance of cash flow for a firm or a project cannot be emphasised 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 analysed to give up the secrets of trends and seasonality for an industry.<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div>

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T<\/u><\/strong>he SIS Advantage<\/u>
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