What is it?
It is a new-age digital solution to an ancient industry with a traditional problem. Construction Management Software or more popularly known as the Construction ERP Software is a pack of customized entrepreneurial tactics/solutions designed specifically for the construction industry.
Why Construction ERP?
Construction is a vast arena with too many elements to be managed manually. Think of construction ERP as a virtual assistant who takes care of A to Z operations in your construction firm. The Construction ERP manager takes care of all aspects like Tendering & Estimation,
Budgeting & Scheduling, Project Management, Procurement Management, Inventory Management, Equipment Management, Finance & Accounts, HR & Payroll, etc, to provide an elaborate and comprehensive digital solution.
How does Construction ERP help a contractor?
The first and foremost role of a construction ERP system is to streamline all the resources of the contractor. This enables the classification/sorting of resources according to their nature, role type, where to use, how much is available, etc. to increase the optimal resource utilization.
This is achieved by digitizing the construction operations and work-flow from end-to-end. Doing so gives the project managers, site, engineers, and other crucial departmental heads the clarity of the operational and organizational structure.
Real-time visibility and control of the entire workforce can be achieved through digitizing the construction processes from end to end using Construction Management ERP . The option to view and manage the site activities from a remote location is an unmet dream of many contractors that few qualified Construction Project Management Software like CIMS Construction ERP Software makes a reality.
Why Project Management Software for Construction?
Streamlining the resources reduces the overall expense of the construction activities by minimizing the time consumed, pilferage, duplication of work, conflict of managerial decisions, etc. Communication is of utmost importance. The Construction ERP establishes the perfect communication network channels between people and machines (IoT).
Secondly, the Construction ERP should evaluate the risk to reward ratio in opting for an alternative while also considering the economical and geographical feasibility of the same.
In the years to come, the competition in the ever-booming construction sector is going to increase many folds, making it mandatory for contractors to equip themselves with digital construction technology to meet the adversaries and the uncertainties the near to long future holds.
The contractors are in a better position to negotiate a deal with their clients if they have a construction ERP system in place over companies that do not. This is solely based on the futuristic and scrutinizing mindset of all potential clients. No one wants to do business in the future with someone who is not prepared for the technology-driven future era.
Why Project Management Software for Construction?
There isn’t a rule of law that states the deployment of Web-based Construction Management Software. It all comes down to the willingness of the construction leaders on their part to travel the extra mile to bag the deal of a lifetime. Let’s dive deeper into the matter on hand.
It is a fair fact that construction has got a strategic role to play in both the domestic and global economy. It is estimated that construction contributes around 15% - 20% to the global GDP. This means the industry is going to be climbing uphill for a very long time in the future. With the business expanding, the employment of the 5M - Man, Material, Machinery, Money, and Minutes are also going to be rapidly increasing.
To meet such a humongous surge in the factors of production/construction, a robust Business Intelligence ( BI ) system is required to seamlessly coordinate the various factors of construction like Tender & Estimation, Budgeting & Scheduling, Project Management, Procurement Management, Inventory Management, Equipment Management, Finance & Accounts, HR & Payroll, and so on…
The BI comes in the form of Construction ERP software (though not all ERP are BI-equipped). As per an article on Times Now, 90% of the contractor’s report Schedule and Cost Overruns to be a major impediment in making additional profits. It has been learned through self-experience, that customers opting for construction ERP report close to 95% success rate in executing the project within budget and the stipulated time-deadline.
The right ERP Software for the Construction Industry in India
The game may be similar across the globe. But the playing is not. Indian construction players have to take into consideration factors that sound alien to say a Dubai or Middle East-based contractor.
An effective and dynamic ERP should be designed to accommodate and operate per the requirements of Indian contractors, legal compliance standards, safety standards, and other schemes like the Build Green initiative launched by the Modi Government.
India is known for its humongous unskilled workforce. Even the graduates are not comfortable in operating a software technology, especially in a poorly digitized construction sector. So the Construction ERP has to be designed keeping in mind the above-mentioned points. The user interface has to be simple and so should be the layout for easy accessibility of the Indian workforce.
It is, for this reason, the contractors are recommended to buy the product that is built by experts from the construction industry so that they are on a better footing to address the key challenges faced by an Indian construction company.
The best ERP for Construction Company automates the processes, digitizes the reports, documents, assists in the design, plan, and execution of projects to increase productivity. It should be web and mobile-based for an extended benefit. Having the Lean Principles
incorporated into the making of the ERP platform delivers the last mile advantage of minimizing the unnecessary wastage of resources.
The ERP should enable easy integration and coordination with the existing technology and practices in use to establish synergy among the various components of the industry.
Resisting change is no longer an option for contractors looking for staying ahead of their competitors. The time is ripe for the construction leaders to step into the future of doing construction which is the digital way. The benefits of incorporating a Construction ERP Solution extends far beyond assisting in day-to-day activities. It acts as a platform over which all other applications, technologies, practices, are rolled out for optimizing their existing benefits.
CIMS is a web and mobile-based Construction ERP application, designed to meet the requirements of Indian and Dubai contractors. Having been in the market for over 2 decades, CIMS has evolved into an 8 (eight) Module Construction ERP Suite that addresses the pain points faced by the customers in the construction arena. To see the Construction Management Software in action, have a free DEMO.