eresource, one of the most reputable web-based ERP solutions in India and outside, has chosen to provide an ERP system that is specifically designed for civil contractors, dubbed eresource Nfra, in response to the growing complexity of the construction sector, particularly for the civil contractors.
With its fully integrated intelligent ERP system, you can manage your budget and schedule more effectively, control and access data in real-time, and minimize the chances of losing or duplicating data entries—all of which can help you optimize your earnings.
eresource Nfra for Construction involves 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.
The eresource Nfra ERP system for construction is currently regarded as a highly sought-after ERP solution in African countries, including Nigeria and Nairobi, as well as in India and the United Arab Emirates. This is a result of the system’s clever integration with a few essential modules that have the potential to grow your company to new heights.
Experience the difference!
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Project estimation or Job Cost
For an ERP solution in construction Estimating the project is the most crucial component. Since any construction project, whether it be internal or external, involves renovating or reclaiming land or facilities, or involves other developmental values, it always starts with an estimate of the project’s entire cost.
A primary contract is the main driving force behind construction projects. Between the developer and the customer, this contract serves as the ultimate legal cost/revenue baseline agreement. Therefore, time and material tasking are among the important elements that need to be calculated in order to build a desired company consequence.
– Time and material tasking method:
– Full audit recording of all budgetary modifications;
– Comparisons between the current and historical budgets;
– Storage tasking
– Job-based category management;
– Comparisons of actual and estimated costs;
– Calculations of variable costs, such as gross/net income and percentage of completion;
– Applied computations related to earned revenue and cost-of-sales estimations
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Effective Management of Finances
Financial management needs to be done with more precision when using an intelligent ERP system. Complex building systems, such as eresource Nfra, comprise the following:
– Management of contracts
– Indexing of contractors
– Materials handling
– Equipment supervision
– Time and invoices
– GST and other control of government policies
– Management of purchase orders and change orders
– Management of operational inventories
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Commendable Payroll capabilities
The Human Resource Management module of the eresource Nfra ERP system now includes deeper reporting capabilities in addition to an orientation toward hours-expended vs estimated-cost operations, expanding its payroll capabilities. Effective integration has been made between this module and taxes, employee insurance, EEO reporting, labor costing, labor cost control reports, and real-time payroll processing.
Reliable Customer relationship management (CRM)
Another helpful module in the eresource Nfra construction ERP feature for construction organizations is Customer Relationship Management (CRM). CRM can be utilized to expand your company, but it’s primarily employed for creating new bids. You can manage each client or project based on how close they are to closing a contract if your ERP CRM has a sales pipeline. As we mentioned above for suppliers, you can also use Nfra ERP CRM modules to stay in touch with owners and developers. Tell them about your accomplishments, no matter where they are.
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Trusted Supplier relationship management (SRM)
Similar to CRM, SRM is another element that supports maintaining a cordial working relationship between the subcontractor and the business. Maintaining a positive working relationship with a subcontractor can be achieved in large part by providing basic feedback. The suppliers of the materials can also receive the same feedback. Doing business with someone we like and trust is preferred by all. By keeping lines of communication open and active, you can ensure that suppliers and subs like and trust you.
Intelligent Project management
Project management in the eresource Nfra ERP system can be used to create invoices for progress payments in addition to tracking milestones. You can prevent issues at work by using the project management module.
There are two benefits to using NFRA ERP systems for project-based businesses. That is, run your company now and expand it for future needs. Therefore, keep these two edges sharp.
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Please email or give us a call right now for further details and to schedule a live demonstration. Info@eresourceinfotech.com