The automated ERP software in construction is a system used to manage every construction business process such as tracking sub-contractors, building materials, human resources, and other operational costs that do not appear on the daily balance sheet in the construction industry. A complete ERP software can increase both overall profitability and employee productivity. Eventually, you will have the accuracy, control, and visibility to determine whether the project will be profitable or not. Construction companies require advanced ERP software solutions to help them optimize workflows throughout all departments.
A cloud-based ERP software has been developed to provide solutions for all sizes and types of businesses, not just large companies. An excellent ERP software provides a wide range of integrated solutions to support all aspects of the construction industry. This integrated ERP software solution consists of features that help integrate core business processes, such as accounting and financials, project management, inventory management, payroll, human resource management, and more. Read of this article to get a better understanding of this ERP software. You can also download the ERP software pricing scheme to get the price calculation based on your business requirements
Also Read: 5 Important Software Systems for Construction Companies
What Is Enterprise Resource Planning (ERP)?
ERP Software (Enterprise Resource Planning) which is software or systems used by companies to manage their daily business activities such as employees, procurement, project management, human resources financial management, and facilitate business from data generated in real-time so that it can help make the right business decisions. A complete ERP suite also can assist in planning, budgeting, predicting, and reporting on a company’s financial results. A good ERP system will also provide transparency into your complete business process by tracking all aspects of production, logistics, and financials. These integrated ERP systems act as a business’s central hub for end-to-end workflow and data, allowing a variety of departments to access.
The cloud-based ERP software connects and binds various business processes within an organization so that everything can run smoothly, efficiently, and productively, with its ultimate goal being business growth and making it profitable. Moreover, the automated ERP systems support multiple functions across the enterprise, mid-sized, or small businesses, including customizations for your industry.
Also Read : 6 Main Benefits of ERP Software in the Construction Industry
Construction Resource Planning
Similar to any other industry, the construction industry has its own set of requirements and challenges. The following is a list of all the required construction resources:
Human resources:
The workforce is the most essential resource in the construction industry. The people behind the project are the ones who make it a reality. The construction industry requires the following essential roles:
- Estimator: The estimator is responsible for estimating the costs, materials, and labor needed to complete a project.
- Architect: The architect’s job is to envision the client’s needs and develop a creative solution in a blueprint.
- Supervisor: The supervisor acts as an intermediary between the field workers and the management office. They ensure effective communication between the two parties.
- Quantity Surveyor: The quantity surveyor provides the client with advice on building costs and contractual matters throughout the building process and acts as a consultant to the architect.
- Engineer: Engineers are essential on construction sites and may specialize in areas, such as building, electrical, mechanical, highway, and other fields. Civil engineers, for example, use computer software technology to create project plans. Electrical engineers keep an eye on the project’s power needs and make sure there are no potential hazards.
- Construction Worker: Every project relies on the contributions of construction workers. After successfully planning the project, the workers get their hands dirty to make it a reality.
Equipment:
Construction projects necessitate the use of heavy machinery. The selection of the equipment depends on the time and cost of the project. Some of the heavy equipment used in construction projects are bulldozers, excavators, cranes, trenchers, etc.
Materials:
Materials such as wood, cement, metals, bricks, concrete, clay, etc., are the most common type of building materials used in construction. Selection criteria such as cost-effectiveness and quality play a significant role.
Facilities:
Facilities not only improve workers’ welfare but also enhance efficiency. As per the CDM regulations, all construction sites must include the following facilities:
- Living accommodations for the workers.
- Sanitary and toilet facilities.
- Drinking water facilities.
- Changing rooms and lockers.
- Canteen.
Also Read: Revolutionize Industry with The Construction ERP Software
Best ERP Software in Construction
HashMicro
HashMicro is one of the best ERP software solutions that provide a comprehensive cloud system. It provides advanced, flexible, and customizable ERP software solutions that can help automate the flow of information across enterprises. This cloud-based ERP software can be integrated with various other applications, such as Manufacturing, Construction management, Inventory Management, CRM, Accounting management, Sales, Procurement, HRM system, and many more. This comprehensive ERP software has proven to gain the trust from various companies, including Danone, UOB, Singapore Ministry of Education, and clients from several countries, such as Singapore and Indonesia.
Oracle
This software can present data in real-time with graphical indicators, including reports displayed on the dashboards and work areas. Companies can use this software for business operations, financial management, inventory, purchasing, sales, and customer relationships besides accounting. In addition, Oracle is completely customizable and built to support any scale of business. As your company grows, it’s simple to add new features and resources. As a result, they are ideal for mid-sized businesses that plan to expand in the future.
Microsoft dynamic
Microsoft Dynamics 365 is a combination of ERP software and CRM software that allows businesses to centralize their customer data and business insights. This ERP feature can help you integrate and increase productivity, such as sales, marketing, and customer service even though it can be managed by this software. The software offers a variety of products based on your company’s requirements. Other Microsoft applications, such as Power BI, Microsoft Teams, and Power Automate, are also easily integrated with Dynamics 365 to collect more data from all over the company.
Sap
SAP has various ERP solutions that allow customers to manage their business processes in an integrated solution, with data from every module generated in a centralized database. Good integration and general data storage help to carry out the financial, process, and legal controls by assuring that the data flows from one element to another without the need for unnecessary data entry.
Sage
This ERP software is suitable for small to large-scale businesses. The benefit is that it can assist your company in addition to increasing growth and scaling. Sage ERP is also categorized as a system that is quite efficient in carrying out the performances of all management efficiency, improvement of business management processes such as fixed assets, customer relationship management, and human capital management.
Conclusion
Businesses are constantly attempting to use company resource management, they always struggle to balance all of the various practices by sacrificing resources somewhere else. However, with the right ERP system technology in place, it can provide significant practical advantages in order to keep your business on track. The ERP system connects all business lines within a company. Specialized ERP system advancement can assist your business in transitioning away from old systems and achieving maximum productivity and efficiency.
With a growing number of modules offered, integrated ERP software becoming more complex. It also involves more people in the ERP software development process, which then affects the cost of its establishment. To get an accurate ERP cost estimation, download the ERP software pricing scheme here. Our company provides the best ERP software solutions to assist your company in streamlining your business processes and significantly enhancing your company’s growth. Click here to get a free demo for our product tour now!
