ERP Software for Construction – A system that understands your business challenges eresource Nfra can contribute lot of advantages to your construction business. Construction being an heavy-demand industry, it is important for the company management of a construction company to occupied with a solution that could manage all their business operations on real-time basis. This timely management of all their business operations in a cordial atmosphere between the employer and employees would definitely help the growth of the company. Fully integrated financial management and contract managementeresource Nfra ERP Software for construction company provides complete financial accounting fully integrated with contract management functionality which can be used throughout the business. Over and above the system is highly configurable and flexible to meet your requirements. Business operations managementeresource Nfra ERP for construction & infrastructure consolidates the management of operational elements of your business. These include the authorization of reports produced by your quantity surveyors, management of Plant items and organization of engineers providing facilities maintenance services. Also Read – Project Industry Software Advanced reporting tools and business analysis toolsThe volume of employees must be considered when the new ERP system is selected for large construction industrial units. In a large organization the number of employees can be increased anytime as per the work load and the system must be able to accommodate these employees into their working modules and care must be taken to have reporting and dashboards to have an extra range to for a comfortable working atmosphere for a huge number of employees in cordial working environment. Eresource Nfra ERP system provides an extremely powerful yet easy to use platform which allows organizations to be self-sufficient in monitoring and extracting the required information. Also Read – ERP for Manufacturing Remarkable user volumesOur system helps manage and consolidates information throughout an organization. Construction companies have a complex working system as their works are carried out from various locations at various times and sites. As a result a number of different business functions and personnel will be required to use the system from different time and locations. Our Nfra ERP Software for Construction & Infrastructure is designed to handle this types of working format efficiently. The system can also provide user volumes to ensure system performance and data processing speed remains constant. Understanding your business challengesWith eresource Nfra construction ERP system all construction business activities could be managed across multiple site locations. This allows management teams to consolidate business information and report on financial and operational information across a range of sites and divisions. Your multiple site and division requirements are discussed in detail when our technical team discuss the develop part of the system in details with your technical expert and this is of our consultation process to understand your businesses challenges. Also Read – Process Manufacturing ERP
Benefits of having an efficient ERP Software for Construction business : When a time automation is changing our way of life, no business can survive without adapting to the technology changes, that includes the construction industry. It is irrelevant how big or small your construction business is, ignoring the writing on the wall can only lead to collapse of your business. This is because the market is getting sophisticated with customer-oriented competition and everyone is conscious about not to miss single opportunity to overtake their rivals in their business arena. Benefits of having an efficient ERP software for construction business are numerous. From being a software tool to help manage your routine activities in a construction industry, ERP systems like eresource Nfra ERP software for construction Industry, has been transformed into a business application that keep tap on every single business operations from project estimation, to project management, labour management, material management and accounts management etc. The benefits a construction company will have from eresource Nfra ERP system is endless. The system has been developed exclusively for construction and infrastructure industry and its popularity among many leading and mid-sized construction business organizations are increasing day by day. Systematically designed modules Days of using separate software applications for estimating, scheduling, risk management and other construction activities are now fairly tales. eresource Nfra integrates all these activities in single system with systematically designed modules that takes care of all operations in an construction organization. There won’t be any duplicate data entry and updates anymore. The flawless and error-free method of feeding the data into the system can eliminate waste time and the saved man hour could be spent better elsewhere. Undoubtedly it is going to be one of the other hundreds of benefits that eresource Nfra ERP system could offer to Construction industry. 11 Benefits of Construction ERP at a glance 1. Automated administration increases productivity2. Customer-oriented system takes centre stage to manage all activities3. An efficient and economic ERP system for mid-sized businesses4. Digital documentation management helps flawless working method.5. Advantage of Web-based, Cloud-based application6. Cell phone compatible business ERP solution7. Work from anywhere, anytime advantage.8. Systematically designed modules9. Quick information data transfer10. Increase your return on Investment11. Gain operational excellence eresource Nfra has been implemented hundreds of companies in India, UAE and many African regions. Being a leading web-based ERP application, eresouce Nfra is getting upgraded periodically all the technology advancement and our professionals are working on making existing systems more intelligent in the coming months and years.. Priority is given to projects that result in efficiency and quality gains or that reduce complexity and thus facilitate control processes. Quick information data transfer Several years of our service in this field has made us the pioneers in ERP system development and our development are based on our thorough industry-related studies with all the relevant operational methods. As per the studies contacted our professionals have realized that success of any business depends on the right decision making ability of the management. Only a quick information data transfer could help timely decision making and that is the core of any business success. Our systems are designed with capability to cope up with quick and easy information data transfer between various branches and departments that includes all decision makers. Apart from the above advantages and benefits, eresource Nfra ERP for Construction and infrastructure industries has been designed with customizable dashboards with integrated data visualization and data analytics features which are a daily necessity for construction managers and become even more vital during times of distress. Having said all these benefits, we also would like to emphasis the point that without proper implementation and customization of ERP systems, for which eresource is an expert, construction companies will have a harder time overcoming difficult or unexpected situations. Also Read – Project based ERP software Also watch – eresource Project Accounting Solution Video Project accounting is crucial for project companies as it provides a comprehensive view of each project’s financial aspects. It enables better decision-making, cost control, resource allocation, and overall project management.
Even after understanding so much about Enterprise Resource Planning (ERP) solution and its benefits for project-based industries like Construction and Infrastructure, there won’t be many construction companies that have not thought of going for a marvelous business application like this one. The intelligent ERP solutions like eresource Nfra ERP for contracting business involves itself with not only transaction-based processing, but also the projection of detailed cost estimations prior to the efficient execution and delivery of the bid-contract- sale chain, at a systems level, this focus tends drives a number of different and highly-granular business needs. Today eresource Nfra for contracting industry has been categorized as a high-in-demand ERP solution in India and UAE as well as in many parts of African region like Nairobi and Nigeria. This is because the system has been integrated intelligently with some of key modules that could take your business to new heights. Nfra ERP system helps overcome challenges faced by project-based industry. Project Budgeting: Project budgeting is one of the main challenges faced by project based industry. When implemented, eresource Nfra ERP system enables to create, modify, and manage project budgets. You can also compare budgeting to actual and view each change’s impact on profitability. Time and expense management: The system helps you to track the work and expenses of your consultants when they are out on work. This tracking system will assist you in limiting the travel within the policy limitations as per each project budget. Those completing the projects, can they simply submit time and expense entries and this can be added to the project cost. Manpower utilization: Intelligent use of manpower can be carried out with the help of Nfra ERP system. Systematic work schedule of employees will improve productivity, profitability, and utilization of each service professional. Contract Management: Contract management is not only a challenging task but also time consuming. Timely payment to subcontractors will ensure the smooth flow of work, which will enable the project to complete as per schedule. The system will also allow you to take control over change orders, document and payment tracking, and subcontractor disbursements in order to ensure timely, productive, and cost-controlling project completion to boost profitability and client satisfaction. 1. Project estimation (popularly known as Job Cost module) For construction ERP solution Project estimation it is the most important element. Because all construction projects, such as interior, external, the renovation/reclamation of land or facilities and other developmental values all begin with some sort of overall estimation relating to a project’s total cost. Construction projects are largely driven by a primary contract. This contract represents a final legal cost/revenue baseline agreement between developer and customer. Hence, certain necessary elements must be estimated in order to establish a desired business outcome including time and materials tasking. Method of time and material tasking: Current and archival budget comparisons and storage tasking Complete audit tracking of all budgetary changes Job based category management Actual versus estimated cost comparisons Variable cost calculations ranging from gross/net revenue, to percentage of completion Applied calculations associated with cost-of-sales and earned revenue estimations 2.Efficient Finance Management An intelligent ERP system requires a more granular approach to financial management. Sophisticated construction systems like eresource Nfra includes the following: » Contracts management » Contractor indexing » Materials management » Equipment management » Time and billing » GST and other government policy management » Purchase and change order management » Operational inventory management 3.Effective Payroll capabilities Payroll capabilities in the Human Resource Management module in eresource Nfra ERP system has been extended further, by orienting toward hours-expended versus estimated-cost operations, along with deeply-defined reporting. This modules has been integrated effectively with real-time payroll processing, labour costing, labour cost control reports, taxes, employee insurance, EEO reporting etc. 4. Customer relationship management (CRM) Customer Relationship Management (CRM) is another useful module in eresource Nfra construction ERP feature for construction companies. CRM is generally used when preparing new quotes, but it can also be used to grow your business. If your ERP CRM contains a sales pipeline, you can manage each client or project according to their proximity to a closed deal. You can also use Nfra ERP CRM modules to maintain contact with owners and developers just as we discussed for suppliers above. Let them know of your successes, wherever they are. 5.Supplier relationship management (SRM) Like CRM, SRM is another component that help keeping the relationship cordiarl between the company and the subcontractor. Because sending simple feedback to a subcontractor goes a long way toward keeping that relationship strong. The same feedback can be sent to material suppliers too. Everyone prefers to do business with people we like and trust. Make sure subs and suppliers like and trust you by ensuring communication channels are open and active. 6. Project management Apart from tracking milestones Project Management in eresource Nfra ERP system can be used to generate billings for progress payments. Project management module helps you avoid problems on the job. eresource Nfra ERP Software for Project industry have two edges. That’s manage your business today and grow it for tomorrow. So Keep both of these edges sharp. Also Read – ERP for Packaging
eresource Nfra Construction ERP Software is also an innovative Software Solution which covers end-to-end business for Mechanical, Electrical and Plumping (MEP) contractors. This ERP system offers excellent MEP work management and its work scheduling applications that enable you to maximize work productivity and to save time. Real time information capability across our MEP Management system ensures data integrity and helps you to get updated with important data real time. As it is important for the MEP contractors to create, manage, track, and share project documentation with project partners, eresource Nfra ERP system has been developed with all the required modules that falls within the parameters of an efficient MEP management. With eresource Nfra as your business application, the system help you to have your project documentation from contact information and schedules, tasks and events to project logs and change orders is stored in a single location and these information can be accessed from the project team from different locations whenever required through our web-based ERP application. Able to access timely information from different location could help decision making easy for MEP Contractors and this will also help your team view and update daily reports, project tasks and correspondence.With the implementation of eresource Nfra Construction ERP Software, all your project process are getting automated and eliminates all the paper work. You will also be relieved from managing heavy Excel sheets for your documents. Everyone in the company will control over the day to to day operations as all the work process be more transparent. The system also makes you work flawless and error-free. The new working method also will increase customer relationship that will ultimately make the business grow. As eresurce is a most trusted and on of the Best ERP Software company in India today that keeps tap on all the latest technology changes in the ERP space. It is therefore our customers are informed for timely updates to keep up with the latest changes that may be required face the competition. Also Read – ERP Software for Manufacturing What that makes eresource Nfra so special ERP for MEP contractors is the question that may be asked by some. The system could create a better and accurate project estimates, manage contracting projects, accurate cost accounting and timely job information reporting are some of the highlights of the solution. The system will help your companies get organized in the right manner and present a professional to your customers. This professional approach of your company could attract more customers to your business and every customer could be treated with care and attention with flawless customer management system. Also Read – ERP for Automobile Industry
People who works in the construction industry knows how difficult it is to overcome unpredictable scenarios during a project and the same can take its toll on the whole project. There is lot to be done to overcome to make the work successful and profitable. With the introduction exclusive ERP solution for construction industry, there is a big relief for this kind of scenarios as this system can help the construction companies to have a well planned working strategy with every single project. Today every construction company need to have an efficient and intelligent ERP system that satisfies most requirements while also offering the efficiency and risk mitigation. eresource nfra ERP solution for Construction and Infrastructure is a fully integrated construction ERP software solution that can take care of every need of a construction company. eresource nfra ERP system has been specifically designed to deal with the complexities of resource management, job costing, analyzing and billing for project-based civil engineering and construction projects. When it comes to Construction and Infrastructure project, management of equipment and labour management are two major areas that is extremely difficult to manage. It becomes easy for the Construction companies to manage labour and equipment when these companies are implemented with a efficient ERP system such as eresource nfra. Not only labour and equipment construction companies will not able to make desired profit from each project if they are not backed with a suitable accounting software. Eresource nfra ERP for Construction industry has been integrated with a powerful account module the project cost, timelines and customer management can be handled smoothly and efficiently. The system is also have a CRM (customer relationship management) modules that could take care of all your customer dealings effectively. Unless the project works are not managed by automated ERP system like eresource nfra every project would become more complex and this will ultimately affect the outcome of the project’s profit margin. Also Read – ERP for Manufacturing ERP system could help you develop your construction business and following are some of the benefits. Business Development: Convert prospects to customers and estimates to projects. Project Execution: Manage resources, milestones, budgets, and billing. Project Management: Document and workflow management for RFIs, RFPs, and drawings. Labour Management: Resource, time, and productivity management. HR and Payroll (Certified & Union Payroll): Automated time, tax and fringe processing and reporting. Service Management: Dispatch and manage service in today’s mobile environment. Analyze and Report: Prevent Margin Fade with visibility into project and company performance. Apart from the above, eresource nfra ERP system has also been integrated with modules such as material management, marketing, project planning and control and so on. The system also can be customized to meet the needs of a large construction company as per their requirements. . The system also has a module that that helps in project cost estimation, by breaking down each project into activities. Each activity is then broken down into till of materials of material, labour and equipment. Another module helps in material requirement planning on the basis of the work projection of a particular month/week. There are also many other features that are included in the exclusive ERP system for construction, which can demonstrated and any modifications can be made into the system as per the requirement of customers. For more details and a LIVE DEMO, please call us today or write to us. Also Read – Construction erp software in uae
ERP for Construction and Infrastructure Industry: Infrastructure and construction companies are known for having a large site network. Today’s rapid business environment demands these companies to have on-line information on daily work progress. It is required for better planning and effective payment system. eresource Nfra ERP for Construction and Infrastructure industry is integrated with suitable modules that helps the management to get data from the sites on a daily basis. There is no need of expensive hardware installations. What you need at the site is only a PC and Internet connection and your work is done. eresource Nfra ERP has a number of implementations in the construction and infrastructure field in its credit. It makes us happy when he hears our customers say they were able to recover the investment that they have made in our ERP solution within a year. The first and most important benefit of eresource Nfra ERP solution is that information has now become completely transparent and seamless. There is no scope for malpractices or hoarding information. With a smooth information flow, decision-making has also become much quicker. Processes like purchasing materials have been automated and have been immense benefit from the solution. Here are some of the key benefits of eresource Nfra ERP for construction and infrastructure Industry. All offices, branches with its department and site offices are now connected on a single platform Free flow of Information between departments Effective fund management Overview of the projects and instant availability of data and reports With the implementation of eresource Nfra web-based ERP you also take your business online. Your company will link all the modules together to the central system and make the information flow in real-time. The construction and infrastructure companies are witnessing the results of enterprise management and consolidation of information. One of the many benefits of implementing eresource ERP solution has been a tight integration between all projects and site offices with the company headquarters. As a result of this improved coordination there is greater efficiency across the various business processes and function. The company will able to get a complete breakdown of its project costs in terms of material. With eresource Nfra ERP you have nothing to look beyond. Take the right decision. Implement eresource Nfra ERP and be happy with a business solution with guaranteed success. Also Read – ERP for packaging industry
ERP system for Construction and Infrastructure industry. Construction and infrastructure projects are always a complex mission and therefore a software to manage these projects would naturally hold its complex nature reflecting on it. However, understanding every aspect of its nature and the determination to find a suitable and effective ERP solution is the result of eresource nfra system, an exclusive ERP system for Construction industry. Construction companies execute a wide variety of projects across diverse markets and customers. Each projects has its own merit and demerits and these projects could vary from simple to highly-complex, each having different requirements with different project budget, procuring materials, tracking project documents, managing scope changes, preparing forecasts, etc. Many a time project managers have to break their head to make projects progressing in a smooth flow and it is imperative for them to have the proper tools to manage their work more efficiently and effectively. eresource nfra ERP When we said that most of the construction and infrastructures projects are complex in nature the claim holds much water. Drawing a complete picture of a project will make it clear how these projects are getting ironed out effectively. As far as project is concerned a baseline budget is the key factor. A baseline budget for labor hours and project costs broken down via a work breakdown structure that allows a project manager to accurately track the progress of their job. When a budget is made it just cannot be made out on the basis of fixed bid jobs, but also time and material jobs. It is also to be taken into account that consistently overrunning on time and material (T&M) projects can negatively affect the ability to secure repeat work with that customer in the future. Ability to manage risk is an important factor on the part of a project manager and that contributes to their ability to complete their projects successfully. There are number of functions that could bring risk and these function must be effectively controlled. Labor Productivity, Procurement, Project Documents, Forecasting, Labor Productivity Analysis, Gross Margin Variance, Cash Position are some of the functions that must be handled carefully and effectively by a project manager for the successful completion of a project. So questions arises how could a project manager handle these areas effectively. Answer is very simple. With the help of a reliable ERP software that could cater to every need of companies that undertakes construction projects, especially the important portfolios like Project Mangers in the organization. Over the years eresource ERP has been widely accepted as the one of the most reliable and effective ERP software for Construction and Infrastructure industry. However, understanding the sophistication in working method in this industrial segments, eresource has introduced an exclusive ERP for construction industry and the system, eresource nfra ERP, has become an big hit among the construction companies and India and abroad, especially in the UAE. In places like UAE, where all constructions a fast-paced project, implementing an ERP solution like eresource nfra will be an added advantage and with this system it is easy for a project manager work quickly with different projects simultaneously as the could automate much of this workflow, For more information and a live demo, please contact our sales division in this email ID sales@eresourceinfotech.com Also Read – ERP Software In India
eresource Nfra construction ERP software is an creative software solution which fulfills all the requirements for MEP contractors. This ERP system provides the best MEP work management & its work plan applications due to which it will increase its job efficiency by saving time. The instant information capacity among our MEP management system will make sure about the data accuracy which will help in updating the important data instantly. It becomes vital for the MEP contractors to design, organize, trace and allocation of project documentation with their project partners. eresource Nfra ERP system has been designed with all the essential modules which falls with in the para lance of an well organized MEP management. With eresource Nfra the system helps you in storing information under single platform which becomes easier for the project team to access from any location at any time with our web based ERP application. With our web based ERP application it becomes easier for the MEP contractors to take decisions quickly with the accessibility of timely information from any location. This helps the project team to actually see the data and could also update their daily reports and project assignments on timely manner. By implementing eresource Nfra all your project related process will be automated by reducing the paper work. By our automation system you need not to maintain any documents in excel sheet. Each and every person in the company will have control on their daily operations their by having a transparency on all work related process. The system also helps your work to be more perfect without any mistake. eresource is the most reliable ERP solution provider in India which keeps the track on all new and current technology happening in ERP. Our customers are also kept informed to update the information and also with the current change happening which will help them to face the competition. Why eresource Nfra so special ERP for MEP contractors the question will be aroused in every ones mind. The system helps in building a good and acute project estimation, helps in managing contract projects, acute cost accounting and also helps in providing timely job information report could be the speciality of our solution. The system thus helps your company to channelize in the right direction which will have a professional approach to your customers. This professional presentation can attract more no of customers to your business and every customers will be treated with utmost care with our customer management system. eresource Nfra an exclusive brand ERP for MEP contractors which will not only benefit the customers but can remain charged in their business. Also Read – ERP Software Company
The entire project information required to address all important commercial, investment, and operational queries is provided by the eresource Nfra ERP solution. The system manages schedules, resources, and costs across all projects and programs, enabling the project industry to adhere to budget and deadline commitments. Core functional areas covered by eresource Nfra ERP include material management, labour and contractors management, accounts management, human resource management, bill of quantities, purchase and supplier management, tendering, onsite engineers portal, project monitoring and control, and bill of quantities. eesource Nfra assists in recording and keeping track of all actions from planning through completion. From anywhere at any time, management has access to and control over onsite operations. A system that understands the pulse of your business Building and infrastructure projects are always complex endeavours, therefore it seems to sense that the software used to manage them would also be complex. But thanks to the eresource Nfra system, a specially designed ERP system for the construction and infrastructure industries, we have a thorough understanding of its nature. We are determined to find an appropriate and efficient ERP solution. Construction companies work with a broad range of clients and markets to complete a variety of projects. Every project has advantages and disadvantages of its own. They can range in complexity from simple to extremely complicated, with varying requirements and budgets for materials procurement, document tracking, scope modifications, forecasting, and other tasks. Project managers frequently struggle to keep things moving forward smoothly, so they must have the right tools to do their work more successfully and efficiently. A baseline budget is crucial to the project’s success The statement that the majority of infrastructure and construction projects are complicated in nature is true in a big way. A comprehensive project diagram will demonstrate how these initiatives are being efficiently worked out. A baseline budget is crucial to the project’s success. A work breakdown structure-based baseline budget for labour hours and project expenditures enable a project manager to precisely monitor the status of their work. A budget cannot be created just based on time and material jobs, but also fixed-bid jobs. It should be borne in mind that persistently exceeding the time and material (T&M) budget may have a detrimental impact on prospects for repeat business with that client.Project managers’ capacity to effectively manage risk plays a key role in their ability to successfully finish their projects. Many functions have the potential to be dangerous, and they need to be properly managed. Project managers are responsible for managing many tasks such as labour productivity, procurement, project documents, forecasting, labour productivity analysis, gross margin variance, and cash position to ensure a project is completed successfully. Also Read – ERP For Construction & Contracting Industry What makes eresource Nfra ERP system unique? eresource Nfra ERP solution provides the comprehensive project information necessary to answer all critical business, investment, and operational questions. The system enables the project industry to meet budget and deadline commitments by managing schedules, resources, and costs across all projects and programs. eresource Nfra ERP deals with core functional areas such as Project Monitoring and Control, Sales Management, Tendering, Bill of Quantities, Purchase and Supplier Management, Onsite Engineers Portal, Material Management, Labor and Contractors Management, Accounts Management and Human Resource Management. eresource Nfra helps capture and monitor all activities right from the pre-execution stage to post-execution. Management can access and manage onsite activities from anywhere at any time Hurdles that you may face in the Construction and MEP business Cost Overruns – Costs that run beyond estimates result in losses in the project Industry. Every Organization have a significant numbers of projects based on fixed-price contracts, in which they bear the risk of cost overruns. Poor Visibility in material management, Tracking and planning leads to poor performance and Visibility. Also Read – ERP for MEP & EPC Business The billing process is also quite complex as invoices need to be raised at any phase of the project based on progressive billing arrangement as per the agreement between the contractor and the customer, hence it is essential for project cost visibility in the project cycle. Uneven Revenue and expenses on large projects, prime contractors handle more complicated cash flows, including progress payment to sub-contractors. Why is eresource Nfra the finest ERP for MEP and construction firms? eresource Nfra ERP solution provides comprehensive project information necessary to answer all critical business, investment and Operational questions. The System enables the project industry to meet budget and deadline commitments by managing schedules, resources, and costs across all projects. eresource NFRA ERP deals with core functionality such as Tendering and Estimation Management, BOQ Management, Project Planning, Site Activity, Budgeting, Subcontract Management, Billing and Certification, Purchase, Inventory, Accounts and Human Resource Management. eresource Nfra helps capture and monitor all activities right from the Pre-Execution stage to post-execution. Management can access and manage onsite activity from anywhere and at any time. The Nfra ERP platform was developed exclusively for the project-based Industry, to carry out all the operations and management effectively and efficiently. Provide all information from Business to operation, to finish the project within the committed time and cost. Provides Operational excellence and information visibility across the organization to carry out all the processes more efficiently and effectively. Also Read – ERP for Road & Bridge Construction Recent Posts-
Struggling to Manage Construction Project Activities? If you’re a construction company, managing project activities can feel like a never-ending challenge. From keeping track of materials to staying on budget and making sure everything runs smoothly, it’s easy to feel overwhelmed. Let’s talk about some of the common problems you might face and how they can affect your projects Dealing with Long and Complicated BOQs Handling a Bill of Quantities (BOQ) that’s pages long can be a real headache. With so many items to keep track of, it’s easy to make mistakes or miss important details. Without the right tools, managing this information can lead to inefficiencies and unexpected costs. Keeping Up with Changing Material Needs In construction, material needs can change quickly due to design changes or unexpected issues on-site. If you don’t have a good system to manage these changes, you could end up with delays, extra costs, or strained supplier relationships. Managing Budgets That Keep Changing Budgets in construction projects are often moving targets. Costs can change, and new expenses can pop up unexpectedly. If you don’t have a way to track these changes in real time, you risk overspending and cutting into your profits. Struggling to Get the Right Resources Making sure you have the right people and equipment when you need them is tough. If you don’t have a system to track and manage resources, you could face delays that cost time and money. Keeping Track of Materials on Site Knowing what materials are on-site and making sure they’re used properly is crucial. Without a system to track materials, you risk losing or misusing them, which can lead to delays and higher costs. Figuring Out Your Project Profits It’s important to know how much profit you’re making on a project, but without the right tools, it can be hard to figure out. Not knowing your profits can prevent you from making smart decisions on future projects. Managing Inventory for Each Project Keeping track of inventory on a project-by-project basis is important to avoid wasting materials or running out of them. Without a good system, managing this can be difficult, leading to increased costs and delays. Keeping Your Promises to Customers No one wants to break promises to customers, but it can happen if your project isn’t on track. Delays, budget issues, or resource shortages can all lead to missed deadlines and unhappy customers. Managing Subcontractors Effectively Subcontractors are a key part of many construction projects, but managing them can be tricky. Without a good system, it’s hard to ensure they meet deadlines, stay on budget, and deliver quality work. Handling Progressive Invoices In construction, invoicing is often done based on the percentage of work completed. But if there’s a disagreement about how much work is done, it can cause financial problems. Having a clear system for this is crucial. Keeping Track of Retention Payments Retention payments are common in construction, but they can be hard to track. Without proper records, you might miss out on payments or have disputes with customers. How to solve these problems ? The construction industry is complex, and you need the right tools to manage it. A generic ERP system often isn’t enough. You need a system that’s built specifically for construction to help you manage everything from BOQs to budgets and materials. When choosing an ERP system, make sure you pick a vendor who understands the construction industry and has a proven track record. With the right system in place, you can overcome these challenges and run your projects more efficiently, profitably, and with happier customers How eresource ERP can help you overcome these challenges ? If you’re facing any of these challenges, eresource ERP is here to help. Our ERP system is specifically designed for the construction industry, meaning it’s built to handle the unique demands of your projects. With eresource ERP, you get: 1. Simplified BOQ Management: Easily manage long and complex BOQs with precise tracking and updates, reducing errors and saving time. 2. Dynamic Material Management: Stay on top of changing material needs with real-time updates and efficient resource allocation. 3. Flexible Budget Control: Keep your budget in check with tools that allow you to adjust for new costs and track expenses as they happen. 4. Efficient Resource Planning: Ensure you have the right people and equipment at the right time, minimizing delays and maximizing productivity. 5. Real-Time Material Tracking: Track materials on-site to reduce waste and ensure everything is used properly. 6. Accurate Profit Tracking: Know exactly how much profit you’re making on each project, allowing you to make informed decisions and plan for future success. 7. Project-Specific Inventory Management: Manage your inventory on a project-by-project basis, reducing waste and ensuring you never run out of materials. 8. Improved Customer Commitments: Keep your promises to customers with tools that help you stay on track and meet your deadlines. 9. Effective Subcontractor Management: Easily manage subcontractors, ensuring they deliver quality work on time and within budget. 10. Streamlined Invoicing: Handle progressive invoices smoothly, with clear tracking of work completed and payments due. 11. Retention Payment Tracking: Keep accurate records of retention payments, ensuring you get paid what you’re owed without disputes. eresource ERP doesn’t just help you manage your projects—it enables you to achieve process excellence. By streamlining your operations, improving accuracy, and providing real-time insights, eresource ERP empowers you to take control of your projects and drive your business forward with confidence. With our deep understanding of the ERP for construction & contracting industry, eresource ERP is the partner you need to overcome challenges, improve efficiency, and ensure the success of every project.
The system is now more reasonably priced, simple to set up, and capable of handling business operations unique to a given industry. The eresource ERP system is designed by industry best practices, which imitate workplace operations. While all well-established businesses would prefer to adhere to best practices, with many ERP solutions, real-world practices have developed to meet the individual organization’s particular business requirements. As a result, there is a mismatch between these two procedures. The ERP system is unable to satisfy the demands of the users when misfits happen. Compatibility is lost and use quality suffers under such circumstances. User unhappiness, mistakes, workarounds, lost productivity, the inability to reap anticipated benefits, and, in the end, the idea that the system is flawed results from this. When an ERP system is designed in response to our client’s needs, it is done with greater attention and professionalism to ensure that it complies with both industry best practices and practical application. eresource ERP can keep up with the quickly shifting needs of customers Care must be taken to tailor the ERP system to the demands of the users or the users’ current practices to the business model included in the system when installing an ERP system that improves work practice compatibility. A reciprocal exchange of knowledge between the system developers and users is essential to the ERP system’s successful implementation. Because they comprehend their work more clearly and competently, our personnel are far more experienced in completing this assignment more scientifically. The elements above that facilitate an organization’s operations and increase their efficiency rank the eresource ERP system as the most in-demand business solution software available today. The capacity to keep up with the quickly shifting needs of customers and the industry is essential for success for small and mid-sized enterprises (SMEs) as well as large corporations operating in a variety of industries. Another key to the success of mid-sized businesses is their ability to respond swiftly to grasp new opportunities and adapt to achieve sustained business growth. It is imperative that they streamline corporate procedures, reduce operating expenses, and raise client acquisition and retention rates due to pricing pressure and the growing influence of major competitors in specific markets. The fact that small and mid-sized businesses are realizing the importance of integrated business management systems eresource ERP for their expansion is encouraging. They are also learning that eresource ERP system is increasingly essential for scalability and competing with rivals. The most positive thing about this application is that it is now more reasonably priced, simple to set up, and capable of handling business operations unique to a given industry. An industry-specific ERP system that works well For all significant industries, including Process Manufacturing, Discreet Manufacturing, Construction, Fleet Management, and Trading & Distribution, among others, eresource provides exclusive, industry-specific web-based Enterprise Resource Planning software. Since the SaaS model ERP system was introduced, you may now buy and maintain just the modules that you need. Work in process on the factory floor can be managed and observed with the use of eresource Xcel ERP for Discrete manufacturing systems. We provide an extensive selection of modules for plant maintenance that handle every aspect of plant upkeep with maximum effectiveness. The goal of enterprise resource planning (ERP) for manufacturing is to increase efficiency and production. The cycle time, or total time to produce an order, is a crucial key performance indicator that can be monitored by companies using eresource Xcel ERP for discrete manufacturing. Manufacturing organizations could also gain desired profit from by utilizing eresource ERP. In the current business environment, businesses want easier access to information to succeed. To make quick decisions without getting up from their chairs, they also need real-time access to their business information. Decision-makers may easily manage their organization with a single mouse click thanks to eresource ERP. Senior executives can track the health of their company by keeping an eye on critical business data in real time. Please email sales@eresourceinfotech.com to learn about eresource ERP and its variations for different industrial verticals.
Nigeria’s construction industry is experiencing unprecedented growth, fueled by rapid urbanization, population increases, and significant government investments in infrastructure. With the market poised to reach $180 billion by 2025, reflecting a compound annual growth rate (CAGR) of around 9%, the sector’s expansion is evident through large-scale projects like Eko Atlantic City and the Lagos-Ibadan Expressway. However, this boom brings a unique set of challenges for construction companies striving to keep pace. Challenges Confronting Nigeria’s Construction Sector The rapid expansion of Nigeria’s construction industry is accompanied by several hurdles: Case Studies: Achieving Excellence with eresource Nfra ERP Vita Construction Limited Facing challenges with resource management, Vita Construction Limited turned to eresource Nfra ERP. The real-time tracking and resource optimization features of the ERP system enabled efficiency in resource management and a 15% decrease in material wastage. The seamless integration of financial accounting and project management provided better budget control and timely financial reporting, enhancing overall project efficiency. Mar&More Construction Limited Mar&More Construction Limited, renowned for its large-scale projects, struggled with regulatory compliance, and resource and procurement management. Implementation of eresource Nfra ERP brought significant improvements. The comprehensive compliance management module reduced compliance issues by 30%, while integrated financial management features gave a 360-degree view of project-related financial information. How eresource Nfra ERP Facilitates Operational and Process Excellence eresource Nfra ERP is tailored to address the unique challenges of Nigeria’s construction industry, offering a holistic solution to streamline operations and enhance efficiency. Here’s how it benefits the sector: Conclusion Nigeria’s construction industry is on a path of significant growth, presenting both opportunities and challenges. Leveraging advanced ERP solutions like eresource Nfra ERP enables construction companies to overcome operational challenges and achieve process excellence. The success stories of Vita Construction Limited and Mar&More Construction Limited demonstrate the transformative impact of implementing eresource Nfra ERP. With its comprehensive features and capabilities, eresource Nfra ERP is well-equipped to drive the Nigerian construction industry towards greater efficiency, profitability, and sustainable growth.
In today’s competitive construction industry, effective management and streamlined processes are crucial for success. This is where eresource Construction ERP Software stands out, offering a comprehensive solution designed to elevate your business operations to new heights of efficiency and excellence. Here’s how our Construction ERP software can revolutionize your business: Advantages of eresource Construction ERP Software Project Accounting and Project P&L Our ERP system provides robust project accounting capabilities, enabling you to track project costs meticulously and manage finances with precision. By providing a detailed Project Profit and Loss (P&L) statement, it ensures you have a clear understanding of your project’s financial health, facilitating better budget management and profitability analysis. Timely and Informed Decision Making With eresource Construction ERP, decision-making becomes timely and informed. The software integrates real-time data from various modules, providing a holistic view of your projects. This ensures that project managers and stakeholders can make data-driven decisions promptly, mitigating risks and capitalizing on opportunities. Managing All Site Activities From resource allocation to site inventory management, eresource ERP efficiently handles all site activities. This ensures that projects are executed smoothly, with real-time updates and streamlined communication channels keeping everyone on the same page. Progressive Invoices and Retention Claims Manage your invoicing process seamlessly with our ERP. The software supports progressive invoicing and retention claims, ensuring that your cash flow remains steady and disputes are minimized. This module facilitates accurate billing and timely payments, enhancing your financial stability. Project Budgeting and Cost Control Budgeting and cost control are critical for the success of any construction project. eresource Construction ERP provides advanced tools for project budgeting, allowing you to set realistic budgets and track expenditures against them. This helps in controlling costs and avoiding budget overruns. Also Read – ERP for Chemical Industry Key Modules of eresource Construction ERP Software BOQ Management Streamline your Bill of Quantities (BOQ) management, ensuring accurate and efficient project cost estimation and control. Tendering and Estimation Management Manage your tendering process and estimation with ease, improving your chances of winning profitable contracts. Budgeting and Cost Control Keep a tight grip on your project’s finances with robust budgeting and cost control features. Variation Order Management Handle changes in project scope efficiently with our variation order management module, ensuring that all alterations are tracked and accounted for. Quantity Take Off Automate your quantity take-off process, reducing errors and saving time. Project Management Oversee all aspects of your project with our comprehensive project management tools, ensuring timely and successful project completion. Site Inventory and Site Activities Manage site inventory and monitor site activities in real-time, improving operational efficiency. Projectwise Timesheet Management Track time spent on projects accurately with our project-wise timesheet management module, ensuring precise billing and payroll processing. Subcontractor Management Effectively manage subcontractors, ensuring that all contractual obligations are met and performance is monitored. Progressive Invoice and Invoice Certification Streamline your invoicing process with progressive invoicing and certification, ensuring accurate and timely payments. Retention Claim Management Manage retention claims efficiently, ensuring that you receive due payments without unnecessary delays. Human Resource Management Optimize your workforce management with comprehensive human resource management tools, enhancing productivity and compliance. Inventory and Material Management Ensure that your projects have the necessary materials on time with our inventory and material management module, reducing delays and cost overruns. Also Read – What is Manufacturing ERP Software? Project Accounting Keep your project finances in check with robust project accounting features, ensuring accurate tracking and reporting. Financial Accounting Manage your overall financial health with integrated financial accounting capabilities, providing a clear picture of your company’s financial standing. With eresource Construction ERP Software, your business can achieve process excellence, enhanced efficiency, and improved profitability. By integrating all aspects of your construction projects into a single, cohesive system, eresource ERP empowers you to take control of your projects and drive your business forward with confidence. For more information on how eresource Construction ERP Software can transform your construction management processes, visit our website or contact us today. Let us help you build a stronger, more efficient future for your business. Also Read – ERP Software in India
A good project accounting system from eresource can make running your construction business much easier. The feature offerings of such an accounting software for construction comprise integrated accounting reports, project-wise trial balances and P&L, outstanding receivables and payables, customer and project-wise statements, a dashboard, and more. Leveraging these features, you can gain valuable insights into different construction projects and, thus, boost their profitability. However, implementing a new project accounting software is not easy. The implementation process is prone to several errors if not planned appropriately. Therefore, you should treat your project accounting system implementation as a vital business project. Following a correct approach can boost the implementation speed and accuracy while minimizing errors. Also Read – ERP Software for Construction Read further to learn the steps in implementing a construction company’s project accounting system. 1. Implementation Planning or Project InitiationThe first step is to define the core pieces of the accounting software implementation project. These core pieces include objectives, assumptions, scope, risks, and deliverables. After defining these, consider devising a plan for the entire project. Review your construction business’ projects, processes, and requirements. Look for the areas that are doing well and the ones that need improvement. Take them into account when planning the implementation project. 2. Software Installation It’s time to install the construction industry accounting software onto your computers. Ensure your network and hardware support your new system when doing the same. In addition, see to it you have the necessary hardware setup. 3. Training the TeamAt this point, training the team is not about how to use the system. Instead, you will teach them how to participate in the software implementation process so things run smoothly. 4. System Design PlanNow that the project accounting software has been installed, your employees know how to participate in the implementation process. Before configuring the system to fit your construction business, you should create a system design plan. This plan can entail details about all functional areas, projects, transactions, processes, databases, and security.At the end of this step, your system design document will be in place. This document will demonstrate that your company’s end goal to implement the accounting system is achievable. 5. Accounting System ConfigurationYou can work with a third-party vendor or consultant to configure your Project Accounting Software to fit your construction business based on the system design document. Don’t forget to test everything to ensure the system is working. 6. Clean Up Records in the Old SystemBefore migrating your data to the new project accounting system, clean up your records in the old system implemented in your construction company. Doing the same will make the transition to the new accounting platform more seamless. 7. Data MigrationAt this stage, move all data from your old system to the new project accounting system. Having a plan in place for all the activities needed to transfer data to the new system is advisable. 8. Project Accounting System TrainingBefore starting this phase, you should have a training plan. Working with the accounting system consultant is recommended to curate training materials covering the software’s features, modules, and functions. By obtaining these training materials, you can teach your employees how to effectively use the project accounting software to run your construction business smoothly. 9. Go LiveOnce your project accounting software is correctly implemented and staff is trained, you can go live with the software. It’s time to make the full and final transition to the new platform. 10. Post-Implementation SupportYou can ask the project accounting software company to provide ongoing support through a dedicated helpline or a helpdesk. In addition, consider asking them for free resources like webinars to train your employees on new features and how to use the accounting system better. Read also – Rental ERP Software To wrap up it all! Switching project accounting systems can make a huge difference in how your construction business operates. Up-to-date accounting systems with cutting-edge features and functionalities by eresource can speed up your construction projects’ finance processes and boost efficiency. However, it’s not possible with a correctly implemented project accounting software. Following the above-discussed steps can help you seamlessly migrate and implement the project accounting system in your construction company. A new accounting software will deliver you better reporting and timely information and drive value via vital insights into your projects. Also Read – ERP for Manufacturing Industry
Up until recently, Construction organizations used the conventional approach to manage their many divisions. Most departments were permitted to run alone, with no communication whatsoever with other departments within the same corporation. Nonetheless, the entire operation of a construction company has been impacted by this isolation. However, in later stages, construction companies have come to realize that there are numerous benefits, both direct and indirect, to deploying ERP software. Improved efficiency in information integration for better decision-making, quicker customer query response times, etc. are some of the immediate benefits. Improved customer happiness, greater business image, and more goodwill are just a few of the indirect advantages. While some advantages are non-quantifiable (intangible), others are quantitative (tangible). The financial benefits of eresource Nfra ERP software are known as tangible benefits, whereas the non-financial benefits have an incalculable influence on business operations. Also Read – ERP for Automotive Manufacturing Working together makes easy workflow The adoption of eresource Nfra ERP software by construction companies worldwide has connected every function within a corporation. Formerly, each department operated as a distinct organization. Stated differently, the production department was exclusively focused on the aspect of production, the sales and marketing department was primarily concerned with the company’s sales charts and marketing strategies, and the human resources (HR) department handled employee inflow and outflow and welfare. The financial department, on the other hand, was only concerned with managing the organization’s financial aspects. A sense of separation developed among these departments as a result of the division between the various functions of each department. There was reluctance to introduce ERP software in the construction business, despite a general understanding that doing so would solve the issue by uniting all the departments under one roof and using a single system. Nonetheless, the younger, more progressive generation had a more optimistic view of the circumstances. They believed that ERP software installation and implementation was a definite path to development and success. Adopting a system like eresource Nfra ERP software for construction business was equivalent to putting one’s best foot forward since it would promote departmental integration and guarantee that each department operated as a single, cohesive unit—despite the fact that each department was a distinct entity with a distinct identity. eresource ERP Nfra construction software use is growing in India, UAE, Nigeria, and many other Middle Eastern and African countries quickly as a result of this mentality shift, and we are currently witnessing a paradigm shift in thought processes. Also Read – Project Accounting Software A new way of living, working, and doing business The possibility of a web-based, cloud-deployed ERP system with a subscription model for the Construction Industry has now become a reality with the development of exclusive ERP solutions like eresource Nfra for Construction and Contracting. This Mumbai-based company eresource ERP, is dedicated to transforming the way ERP Software functions and showing the path for the business fraternity a new way of living, working, and doing business. The advantages that eresource Nfra ERP software for Construction and Contracting have also opened the eyes of other industrial verticals. The other vertical that has greatly benefited from the deployment of the eresource ERP software program is the pharmaceutical business, which is a subset of the process industry and Trading and Distribution. Today, eresource Nfra ERP software for Construction is recognized as the top Web-based ERP software program. Web-based ERP software applications have a greater market share than other ERP software applications. A vast range of ERP modules are offered by resource ERP software applications to meet the needs of each customer on a budget. That could be the reason why a wide range of industrial sectors are choosing to use the growing number of open-source ERP software programs. Also Read – Rental ERP Software eresource ERP software serves other industries too Apart from the Construction Industry, various industrial verticals such as manufacturing, pharmaceuticals, chemicals, automotive, kitchen industry, and fleet management are benefiting hugely from eresource ERP software systems. Numerous helpful modules, like as engineering, finance (which has robust forecasting and general ledger capability), human resources management, plant management, factory management, etc., are integrated with resource ERP software systems. Every single one of these ERP components is intended to enhance the efficiency, communication, and coordination of these crucial back-office departments. Strong and efficient financial management modules are included with all eresource ERP Software solutions, enabling accounting staff members to better watch net cash flow, manage and expedite order-to-cash cycles, and negotiate and carry out purchase agreements. Payroll, quality control, resource allocation and scheduling for project management teams, supplier relationship management for purchasing and procurement departments, training, and time and attendance tracking for human resources groups are just a few of the non-financial processes that outsourcing ERP software applications can significantly improve. In addition to facilitating the seamless operation of corporate processes, enterprise resource planning software contributes to the ongoing enhancement of an organization’s daily operations. The framework of the open-source ERP software program allows an organization to adapt to changes in business operations at a rapid rate. Without a doubt, eresource ERP software has demonstrated throughout the years that it can assist businesses in experiencing phenomenal growth. Go ahead and implement it now if you haven’t already. The adage “it’s better late than never” well describes eresource ERP. Also Read – Manufacturing ERP System
The real estate industry has undergone a change thanks to technology and the internet. Consumers’ use of the internet to buy and sell real estate has grown significantly over time, and as a result, real estate organisations are turning to the internet as a way of supplementation to better service and draw in their clientele. For real estate service providers, the internet has become a potent instrument for marketing their services and disseminating property information to a wider clientele. Online real estate solutions are used by real estate firms as a potent marketing tool to build their brand and market their services. With the help of an ERP solution, real estate businesses may reach out to a wider clientele, including consumers, property owners, and agents dispersed throughout numerous locations. Unlimited access to information The consumer has unlimited access to information about real estate, transactions, and service providers via the internet. Online inquiries allow buyers to save time and effort. The ability to search and keep a large database of properties allows real estate agents and companies to search and maintain a large database of properties offering purchasers with easy methods to search through the online property databases. It is also easier for agents and sellers to track and answer to online general enquires available 24 hours a day, 7 days a week. Buyers can search and browse through property details using an online booking engine, choose the property they want, then book it online using a secure payment method that is built into the system. Also Read – ERP for Process Industry Some Key Benefits include: Make your general inquiry form online 1. Both for purchasers and buyers 2. A calculator for interest rates online 3. Valuing real estate Online reservation over a secure payment channel 1. Automated reservation services 2. Account Automated Transaction Virtual structures (for customer demonstration) 1. Virtual tours can be made so that potential buyers of real estate can see and feel the property. 2. Showcased properties can use multimedia presentations. Simple Report Creation Locations and areas that buyers like, allowing brokers, purchasers, and real estate corporations to research and analyse consumer behaviour and trends to better serve them. Also Read – ERP Software for Construction Best Practices in ERP is the key factor for any business ONE of the definitions of ERP is “the amalgamation of world-class (best) practices together”. It is said that, if ERP is implemented successfully, the company automatically becomes world class in terms of its practices. This statement is true for most of the ERP products. Right from the industrial revolution and even further, we can see the efforts put in to improve existing practices. Typically, the classical industrial engineering principle says: there is always a better method available than the existing. Here the ‘better’ ultimately means improved efficiency, effectiveness and economics. If we understand the motto of this principle deeply, we may find the basic motivation of the kaizen in it. In fact, this principle clearly supports the view that nothing is the best forever. In this context, let us see what is the best practice in ERP environment. ERP assumes the fundamental set-ups as “Pillars of ERP”. The best practice in ERP then can be defined as the utilization of these set-ups to the maximum possible to produce the desired performance in terms of customer focus, zero waste of all the resources, and value creation. Tangibly, it leads to increase in quality and service, and reduction of cost and response time. ERP enjoys having a strong skeleton based on these best practices. All the workflows in ERP are so thoughtfully maintained that it ensures that the user automatically follows the best practice. It won’t allow the user to bypass or modify the predetermined course of actions that may create nonvalue added activity. For detailed information on any issues relating to ERP system, please get in touch with us at info@eresourceinfotech.com Also Read – ERP for Automotive Industry
ERP Software for Construction – A system that understands your business challenges eresource Nfra can contribute lot of advantages to your construction business. Construction being an heavy-demand industry, it is important for the company management of a construction company to occupied with a solution that could manage all their business operations on real-time basis. This timely management of all their business operations in a cordial atmosphere between the employer and employees would definitely help the growth of the company. Fully integrated financial management and contract managementeresource Nfra ERP Software for construction company provides complete financial accounting fully integrated with contract management functionality which can be used throughout the business. Over and above the system is highly configurable and flexible to meet your requirements. Business operations managementeresource Nfra ERP for construction & infrastructure consolidates the management of operational elements of your business. These include the authorization of reports produced by your quantity surveyors, management of Plant items and organization of engineers providing facilities maintenance services. Also Read – Project Industry Software Advanced reporting tools and business analysis toolsThe volume of employees must be considered when the new ERP system is selected for large construction industrial units. In a large organization the number of employees can be increased anytime as per the work load and the system must be able to accommodate these employees into their working modules and care must be taken to have reporting and dashboards to have an extra range to for a comfortable working atmosphere for a huge number of employees in cordial working environment. Eresource Nfra ERP system provides an extremely powerful yet easy to use platform which allows organizations to be self-sufficient in monitoring and extracting the required information. Also Read – ERP for Manufacturing Remarkable user volumesOur system helps manage and consolidates information throughout an organization. Construction companies have a complex working system as their works are carried out from various locations at various times and sites. As a result a number of different business functions and personnel will be required to use the system from different time and locations. Our Nfra ERP Software for Construction & Infrastructure is designed to handle this types of working format efficiently. The system can also provide user volumes to ensure system performance and data processing speed remains constant. Understanding your business challengesWith eresource Nfra construction ERP system all construction business activities could be managed across multiple site locations. This allows management teams to consolidate business information and report on financial and operational information across a range of sites and divisions. Your multiple site and division requirements are discussed in detail when our technical team discuss the develop part of the system in details with your technical expert and this is of our consultation process to understand your businesses challenges. Also Read – Process Manufacturing ERP