Just like any other industry, businesses in the construction sector will experience specific issues, unique to their category. If you work in construction, the right business management software can allow you to see these issues before they start to effect efficiency and have a negative impact on your business processes. Finding an Enterprise Resource Planning (ERP) solution that allows you to access and manage data is important, but finding one that recognises industry-specific issues is vital when it comes to solving any construction problems.
Microsoft Dynamics NAV is a single, fully integrated business management solution for the construction industry that allows you to fully automate and streamline your business processes.
Thankfully, as ERP matchmakers we can unite construction companies with Microsoft partners who have specialist knowledge of the construction industry. With Microsoft Dynamics NAV at its core, these solutions allow you to stay up to date on the latest technologies and most cost-effective upgrades.
With this in mind, we’ve put together the 5 ways that the right ERP solution can help to make your business more efficient;
1. Remote Access
Rather than being based in an office every day, anyone who works in the construction industry knows that they may need to access relevant data on a building site, during the construction process. An ERP solution with cloud deployment will give you a real-time view across the whole business wherever you are. By accessing information through mobile devices like smartphones and tablets, you can update project stats wherever you are, even on-site.
2. Tracking Costs
A construction project of any size is likely to have a number of different cost factors to be taken into consideration. The larger the project, the more complex the costs are likely to be. Using business management software like Microsoft Dynamics NAV allows you to centralise information from different sources so that you can keep track of everything from retentions, estimated costs, actual costs and budgeted costs. This will ensure that you are able to monitor all costs in one core system.
A specific aspect of the construction process is the involvement of subcontractors. This adds an extra layer of cost management that can complicate the process even further. ERP software can provide you with a clearer understanding of costs relating to vendors, sub-contractors, suppliers, plant hire, etc. This will ensure that your project is running on time and on budget.
4. Business Intelligence
Once a construction project is up and running, it’s a bit like juggling with chainsaws while spinning plates and solving a rubik’s cube! An ERP solution will not only help you to manage these disparate processes but also allow you to control business decisions more effectively, managing schedules, aligning materials and assigning resources.
5. Project Management
With so many stages involved, it’s all too easy to lose track of a project’s progress. One unified piece of software gives you the opportunity to oversee a project from tender to final build, managing parts & labour, variations, billing, maintenance and more.
These are just 5 of the many reasons why anyone in the construction industry should invest in ERP, but we go into a lot more detail in our Quick Guide to NAV for the Construction Industry, which you can find in our download section. You can also see how Morris & Spottiswood increased their output by upgrading to Microsoft Dynamics NAV in our construction Case Study.
If you want to improve the efficiency of your reporting and make a different to your next construction project, get in touch with us today
Article written by Mark Blackmore, Head of Telemarketing at QBS Group.
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