ERP Software For The Construction Industry

PostedOn: 2017-06-24 12:14:36

If there’s one industry that’s making advancements and investments in technology for the sake of long-term growth, it’s construction. Construction companies acknowledge the need to grow and make these investments for more efficient operations, greater visibility into their processes, and long-term cost savings. If you’re in the construction industry, trying to decide whether investing in a powerful enterprise resource planning (ERP) solution is the next right strategic business move, keep reading. There’s a lot of reasons to invest. 

Equipping Contractors with Powerful Tools

Contractors are there ever too many tools or resource for you to rely on? No. And that’s what makes ERP software such a great resource for those in the construction industry. It offers a  features designed specifically for those in construction management, including:

  • Accounting, financial management, and payroll tools designed to make the financial sector of your business more streamlined and accessible across all departments.
  • Bid management efficiencies, with the ability to access historical customer data and financial records through a fully-integrated customer relationship management (CRM) solution.
  • Historical data and performance analysis, with the ability to drill down into detailed metrics, while also giving the bird-eye-view visibility you might currently be lacking without an implemented ERP solution.
  • Automation throughout the organization and across multiple locations, accounting properties, etc.
  • Profitability tracking, margin control, and asset management, specifically designed for the management of construction equipment and resources.
  • Mobility, with the ability to access ERP data anywhere you work through a mobile device or tablet.
  • And so much more 

Project Tracking

In the construction field, the ability to track and analyze the progress of a project is crucial. Construction projects need to be completed on time, and your staff needs to be held accountable for their performance. With an ERP system, you’ll have total visibility into the progress of a project, from start to finish to ensure they’re being completed on time and being done by-the-book. With this visibility, operational performance will be bolstered and projects won’t slip through the cracks.

Improved Lead Management

Did you know? In some cases, an ERP solution comes fully-equipped with an integrated CRM solution With an integration between two powerful software solutions, you’ll be equipped with lead management and tracking functionalities to make project forecasting, planning, and lead acquisition a breeze.

Regulatory Compliance

Rules and regulations are simply a major part of the construction industry. But what if we told you there was a solution which automated many of the regulatory compliance functions of your business? Contractors and business owners rejoice! No more annoying, exhausting spreadsheets and paper copies to fight with. Most ERP solutions provide the visibility, transparency, and data security necessary to easily meet regulatory compliance standards without the fuss or hassle.