Friday, January 4, 2019

10 Benefits of ERP in Construction Industry

When a time automation is changing our way of life, no business can survive without adapting to the technology changes, that includes the construction industry. It is irrelevant how big or small your construction business is, ignoring the writing on the wall can only lead to collapse of your business. This is because the market is getting sophisticated with customer-oriented competition and everyone is conscious about not to miss single opportunity to overtake their rivals in their business arena.

Benefits of having an efficient ERP system to manage your construction business are numerous. From being a software tool to help manage your routine activities in a construction industry, ERP systems like eresource Nfra ERP for construction Industry, has been transformed into a business application that keep tap on every single business operations from project estimation, to project management, labour management, material management and accounts management etc. The benefits a construction company will have from eresource Nfra ERP system is endless. The system has been developed exclusively for construction and infrastructure industry and its popularity among many leading and mid-sized construction business organizations are increasing day by day.

Systematically designed modules

Days of using separate software applications for estimating, scheduling, risk management and other construction activities are now fairly tales. eresource Nfra integrates all these activities in single system with systematically designed modules that takes care of all operations in an construction organization. There won’t be any duplicate data entry and updates anymore. The flawless and error-free method of feeding the data into the system can eliminate waste time and the saved man hour could be spent better elsewhere. Undoubtedly it is going to be one of the other hundreds of benefits that eresource Nfra ERP system could offer to Construction industry.

10 Benefits at a glance

1. Automated administration increases productivity
2.Customer-oriented system takes centre stage to manage all activities
3. An efficient and economic ERP system for mid-sized businesses
4. Digital documentation management helps flawless working method.
5. Advantage of Web-based, Cloud-based application
6. Cell phone compatible business ERP solution
7. Work from anywhere, anytime advantage.
8 Systematically designed modules
9 Quick information data transfer
10.Increase your return on Investment
11.Gain operational excellence

eresource Nfra has been implemented hundreds of companies in India, UAE and many African regions. Being a leading web-based ERP application, eresouce Nfra is getting upgraded periodically all the technology advancement and our professionals are working on making existing systems more intelligent in the coming months and years.. Priority is given to projects that result in efficiency and quality gains or that reduce complexity and thus facilitate control processes.

Quick information data transfer

Several years of our service in this field has made us the pioneers in ERP system development and our development are based on our thorough industry-related studies with all the relevant operational methods. As per the studies contacted our professionals have realized that success of any business depends on the right decision making ability of the management. Only a quick information data transfer could help timely decision making and that is the core of any business success. Our systems are designed with capability to cope up with quick and easy information data transfer between various branches and departments that includes all decision makers.

Apart from the above advantages and benefits, eresource Nfra ERP for Construction and infrastructure industries has been designed with customizable dashboards with integrated data visualization and data analytics features which are a daily necessity for construction managers and become even more vital during times of distress.

Having said all these benefits, we also would like to emphasis the point that without proper implementation and customization of ERP systems, for which eresource is an expert, construction companies will have a harder time overcoming difficult or unexpected situations.

Thursday, January 3, 2019

ERP For Project Based & Construction Industry

Project-based & construction industries can get, set, grow with eresource Nfra ERP system

Even after understanding so much about Enterprise Resource Planning (ERP) solution and its benefits for project-based industries like Construction and Infrastructure, there won’t be many construction companies that have not thought of going for a marvelous business application like this one.

The intelligent ERP solutions like eresource Nfra for Construction ERP Software involves itself with not only transaction-based processing, but also the projection of detailed cost estimations prior to the efficient execution and delivery of the bid-contract- sale chain, at a systems level, this focus tends drives a number of different and highly-granular business needs.

Today eresource Nfra Construction ERP Software has been categorized as a high-in-demand ERP solution in India and UAE as well as in many parts of African region like Nairobi and Nigeria. This is because the system has been integrated intelligently with some of key modules that could take your business to new heights.

Nfra ERP system helps overcome challenges faced by project-based & construction industry.

Project Budgeting: Project budgeting is one of the main challenges faced by project based industry. When implemented, eresource Nfra ERP system enables to create, modify, and manage project budgets. You can also compare budgeting to actual and view each change’s impact on profitability.

Time and expense management: The system helps you to track the work and expenses of your consultants when they are out on work. This tracking system will assist you in limiting the travel within the policy limitations as per each project budget. Those completing the projects, can they simply submit time and expense entries and this can be added to the project cost.

Manpower utilization: Intelligent use of manpower can be carried out with the help of Nfra ERP system. Systematic work schedule of employees will improve productivity, profitability, and utilization of each service professional.

Contract Management: Contract management is not only a challenging task but also time consuming. Timely payment to subcontractors will ensure the smooth flow of work, which will enable the project to complete as per schedule. The system will also allow you to take control over change orders, document and payment tracking, and subcontractor disbursements in order to ensure timely, productive, and cost-controlling project completion to boost profitability and client satisfaction.

1. Project estimation (popularly known as Job Cost module)

For construction ERP solution Project estimation it is the most important element. Because all construction projects, such as interior, external, the renovation/reclamation of land or facilities and other developmental values all begin with some sort of overall estimation relating to a project’s total cost.

Construction projects are largely driven by a primary contract. This contract represents a final legal cost/revenue baseline agreement between developer and customer. Hence, certain necessary elements must be estimated in order to establish a desired business outcome including time and materials tasking.

Method of time and material tasking:
Current and archival budget comparisons and storage tasking
Complete audit tracking of all budgetary changes
Job based category management
Actual versus estimated cost comparisons
Variable cost calculations ranging from gross/net revenue, to percentage of completion
Applied calculations associated with cost-of-sales and earned revenue estimations

2 Efficient Finance Management

An intelligent ERP system requires a more granular approach to financial management. Sophisticated construction systems like eresource Nfra includes the following:

Contracts management
Contractor indexing
Materials management
Equipment management
Time and billing
GST and other government policy management
Purchase and change order management
Operational inventory management

3 Effective Payroll capabilities

Payroll capabilities in the Human Resource Management module in eresource Nfra ERP system has been extended further, by orienting toward hours-expended versus estimated-cost operations, along with deeply-defined reporting. This modules has been integrated effectively with real-time payroll processing, labour costing, labour cost control reports, taxes, employee insurance, EEO reporting etc.

4. Customer relationship management (CRM)

Customer Relationship Management (CRM) is another useful module in eresource Nfra construction ERP feature for construction companies. CRM is generally used when preparing new quotes, but it can also be used to grow your business. If your ERP CRM contains a sales pipeline, you can manage each client or project according to their proximity to a closed deal. You can also use Nfra ERP CRM modules to maintain contact with owners and developers just as we discussed for suppliers above. Let them know of your successes, wherever they are.

5 Supplier relationship management (SRM)

Like CRM, SRM is another component that help keeping the relationship cordiarl between the company and the subcontractor. Because sending simple feedback to a subcontractor goes a long way toward keeping that relationship strong. The same feedback can be sent to material suppliers too. Everyone prefers to do business with people we like and trust. Make sure subs and suppliers like and trust you by ensuring communication channels are open and active.

6. Project management 

Apart from tracking milestones Project Management in eresource Nfra ERP system can be used to generate billings for progress payments. Project management module helps you avoid problems on the job.
eresource Nfra ERP systems for Project based industries have two edges. That’s manage your business today and grow it for tomorrow. So Keep both of these edges sharp.

Wednesday, January 2, 2019

Top ERP System For Manufacturing Industry

eresource Xcel is one of the top ERP system for manufacturing industry

Known as the most trusted ERP solution for manufacturing industry, eresource Xcel helps manufacturing businesses to manage production orders, ensure base inventory level restocking, and ensure the success and quality of special orders.

Manufacturing industry has many reasons to choose eresource Xcel for business operations. The system has been integrated intelligently with powerful modules like nventory for multiple locations, assembly management requirements, bill of materials, work order management, diverse methods of measurement and other necessary business processes in the manufacturing industry. The system can also help companies in their shipping processes with mainstream carriers.

This powerful business application that enables automation of all your manufacturing process is well suited for small to midsize companies. The system handles material requirements planning (MRP) and job shop floor control/manufacturing execution efficiently.

eresource Xcel is a web-based application that has been developed exclusively for manufacturing industry and has been integrated with essential modules systematically with all its data being located in a single database. The system allows all networked users simultaneous access to the collective information. This would enable decision makers to access all information on real-time basis be aware of what is happening under their nose.

The planning and scheduling feature in our system could help manufacturing teams to view shop resources and plan workflows. With real-time dashboard and reporting feature, shop managers can have visibility on current jobs and scheduled operations. The built-in CRM functionality allows businesses to identify new prospects, track opportunities and process leads efficiently.

eresource Xcel ERP system for manufacturing industry also provides robust business intelligence capabilities for monitoring the health of manufacturing system; analyzing business data in real-time and making valuable decisions. The solution also offers modules to manage accounts and human resource management with effectively. Eresource Xcel can be implemented in any types of manufacturing organizations including industrial equipment, automotive, electronics medical devices, aerospace and more.

eresource Xcel is an ERP system for manufacturing industry with end-to-end functionality built for manufacturing organizations looking for a complete solution that supports the entire operational lifecycle, from planning to sourcing, creation to delivery.

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