After understanding about the concept of ERP solution and its benefits for project based industries like construction & infrastructure, no much construction companies who would have not thought of going for a fantastic business application. eresource Nfra for contracting ERP solution is not only oh high demand in India and UAE but also in many parts of African region Nairobi & Nigeria. This could be well possible by way of brilliantly designed modules which took your business into a new era.
Nfra ERP system helps overcome challenges faced by project based industry :
Project budgeting is one of the challenges faced in the project industry. With the implementation of eresource Nfra ERP systems it helps us in creation, modification and also helped in managing the budget. You can really differentiate budgeting to actual and see the changes on profitability.
The system helps in tracking the work and expenses incurred by consultants when they are on outdoor duty. The tracking system will help you from travel limit as per the policy for each project budget. After completion of project, time and expense entries need to be submitted by adding to project cost. Smart use of manpower can be done through Nfra ERP system. Smart work of an employee will improve productivity, profitability & utilization of each service professional.
Contract management is not only a challenging task but time consuming. The payment made to subcontractor on timely basis will have a smooth function of work and also completion of work will be done as fixed.
Construction of ERP solution, project estimation is the key element, because all the projects such as interior, external, land renovation and other values begin with altogether estimation which relates to project cost.
Construction projects are primary cost. This contract defines an agreement between developer and customer. Some important elements must be calculated in order to have a strong business output which includes time and materials.
An efficient ERP system requires more professional approach to finance management. eresource Nfra construction ERP software includes contract management, contractor indexing, material management, equipment management, time & billing, GST and other government policy management, purchase management & inventory management.
eresource Nfra ERP system in human resource has been elongated towards hours spend versus cost operations.
Customer relationship management is another module in eresource Nfra construction ERP used for construction companies. It is basically used for making new quotes and also useful in growth of your business. Nfra ERP CRM helps to maintain contact between owners and developers.
Supplier relationship management module is nothing but helps in maintaining a good relationship between company and subcontractor. Sending simple report to subcontractors helps in keeping relation strong. Trust and like minded people is the key to do business.
Project management in eresource Nfra ERP system is basically used for generation of bill towards payment. Project management helps in avoiding bottle necks on the job.
eresource Nfra ERP systems for project industries have two edge, which maintains today & allow the growth later on. So keep both these edges bluntly. Project based companies are difficulties to cope up with the competition in an competitive environment. Technology like eresource ERP system can play vital role in making these companies achieve a competitive advantage and accept their challenges to their project based organizations in construction industry there by realizing their potential.