Manage Challenges in the Project Based, Construction & Engineering Industry with an ERP System
Organisations in the project industry rely on innovation and the ability to manage change as a key to success. There is constant pressure on margins, challenges with resources, strains on material availability and imperatives around controlling cost. SAP Business One helps streamline every process from operations, finance, procurement, project to tendering – efficiently maintaining business operations, ensuring quality, tracking costs and accounting, facilitating the projects and managing the supply chain and resources. Companies consistently need to invest in and adopt the latest technologies in the market to ensure improved customer service, reduce delays and less operational costs.
SAP Business One ERP Software – Key Functionality for Project Based, Construction & Engineering
Work Breakdown Orders (BoQ) and Project Management
Allows setting of Bill of Quantities (BoQs) and streamlining the process with integrated time and inventory management. The plan of the entire process can be monitored giving visibility into project resources, your timeframe, and capture not only project break downs but, a complete lifecycle of your project. Ensure diligent tracking of your work in progress and costs by creating a granular work breakdown structure (WBS) for projects with a very low tolerance for deviations.
Project Planning, Resource Planning and Budgeting
Manage your projects gaining complete control over open issues, documents, attachments, and various activities to avoid risks and stay competitive. Construction and engineering projects must not only be carefully planned but, also executed on time and within budget. With this extension, you can manage high-level planning, budgeting of material, equipment, labour, and sub-contracting to name a few.
Inventory and Site Management
Inventory module simplifies the tracking of stock levels across multiple sites and stores. Users are enabled to issue and receive goods as well as transfer, return or even discard of goods in multiple unit conversions. Has powerful serial management for warranty claim or safety concern.
Purchasing and Supply Chain Monitoring
Delivers real-time information on supply, demand, consumption, and logistics. Have greater, real-time insight into project requirements and supply bottlenecks while eliminating siloed data by ensuring purchase requests are delivered within defined lead times. Minimise waste and increase profitability with efficient last price management.
Maintenance and in-house service of all plant equipment. Maintain preventive maintenance schedules and ad hoc repairs job cards integrated with inventory and purchasing for sub contracted maintenance. With visibility of the project plan, one can minimise downtime.
Project Costing, Progressive Billing and Accounts
Accounting module helps users in keeping track of all their accounting transactions including payables, receivables, bank reconciliations among others and enables them to make better decisions. Improved financial reporting with real-time information from all departments including project costing, profitability, exposure, cash flow, budgeting, fixed assets and period end reporting.
Manage your cost estimates based on the status of work and payment certificates.
Tendering, CRM and Project Quotation
Stay ahead of competitors with opportunity and pipeline management. Historical sales information assists the marketing team on what initiatives to design for which customer and proactively engage them. Optimise your bidding process and eliminate any barriers to efficient project pricing.
Analytics module can play a vital role in transforming your data into powerful decision making tools. With AI-based predictive analytics, this module can help in employing the right procedures to improve efficiency and productivity. The provision of complex metrics in the form of data visualizations can also help users in making better decisions.
Regulatory Compliance and Reporting
Manage exceptional events with automated workflow and alerts. Get forward and reverse traceability with automated recall capabilities. Have security audit tracking, archives of historical transactions & electronic signature approvals. Easily define the process validation and generate report as per compliance.
See how Project Based, Construction & Engineering Customers are Succeeding