ERP for Contracting Companies
The construction and contracting sectors are critical industries in the UAE, where timely project delivery and effective management of resources such as materials, labor, and subcontractors are vital for contractors. To meet these challenges, ERPNext provides valuable support to construction and contracting firms by streamlining their resource management and operational process
Navigating the Complexities of the Construction Industry: Common Challenges Faced by our Growing Company
Managing Projects
Managing Resources
Tracking and Controlling Costs
Project Delivery on Time
Complying with Regulations
Enhancing Operational Efficiency The Role of ERP Software in Contracting Companies
Project Management
On Time delivery on projects is key for the success of contracting companies. By having the right ERP software for contracting companies, the projects can be efficiently managed. Creating project milestones, tasks, assigning them to the responsible person and tracking them will help in effective coordination among the project team.
Resource Management
Material and Labor are the key resources for a contracting company. Ensuring the availability of material and labor will help in completion of projects on time. An ERP software can be used to plan the resources and monitor the progress easier.
Cost Control & Management
By setting up appropriate budgetary measures at project level will ensure that the costs are under control. Various tools can be utilized in the ERP software to improve the management and control of costs leading to increased profitability of projects.
Regulatory Compliance
As the contracting companies are manpower intensive and hence require compliance with various laws including labour law, tax and safety. An ERP software which is compliant with UAE laws will make it easier for contracting companies to comply with the regulations.
Reporting and Analytics
Having the right information is key for decision making. This is where an ERP software helps in providing advanced analytics in helping the management to evaluate the performance, profitability and delivery of projects.
Feature of ERP Software for Construction Industry
Project Management
Projects
Task management
Track status of projects
Track stock project-wise
Delayed Tasks summary
Project Costing
Activity Costing
Project billing
Timesheets
Project-wise invoices
Project wise budgeting
Inventory Management
Item data and grouping
Item variants
Item attributes
Product bundle
Pricing rules and lists
Item alternatives
Multiple Warehouse management
Purchase Receipt (GRN)
Delivery orders
Pick list
Packing slip
Bar-code and Serial numbers
Stock ledger
Tracking of item deliveries
Finance & Accounts
Multi currency
Multi company
Sales Invoices & Returns
Purchase Invoices & Returns
Journal Voucher
Chart of Accounts
Accounts Receivables & Payable
Sales & Purchase Register
VAT compliant
Financial Statements
Consolidated Financial Statements
Bank Reconciliation
Payment Reconciliation
Profitability analysis
Period end closing
Statement of Accounts
CRM
Leads and Contacts
Opportunities
Territory-wise
Campaign Management
Sales Funnel
Conversion of Lead to Customer
Tracking of conversion ratios
Human Resources
Employee Data
Employee Documents with expiry alerts
Shifts & Attendance
Leave Management
Recruitment
Training Management
Performance management
Employee Self Service Portal
Employee Onboarding
Employee skillmap
Employee Exit
Payroll
Salary Structure
Salary Slip
Payroll Processing
Temporary allowance
Temporary deductions
Employee loans
Expense Claims
Salary Register
Reports & Dashboards
Project Analytics
Support Analytics
Issue Analytics
Financial Reporting
Purchase Analytics
Sales Analytics
Stock Analytics
Employee Analytics
Lead Analytics
Dashboards for all modules
