At whatever point a construction company thinks about optimizing its actions and administration, they’ve to think about implementing an ERP solution.
According to Fabien, CEO of Odoo: “We don’t consider ourselves an ERP, we are more suite of business applications, 50% Odoo clients did not start with an ERP vision, 50% come with a more strategic ERP vision”. According to IT experts: “Odoo is not a solution, Odoo is the tool to build the solution”.
We leverage Odoo to build our product like ERP… Odoo is the platform that accelerate the product to grow faster.
The implementation of ERP might be one of the best ways that a corporation can do that. Though this will appear to be a daunting prospect initially, but we’ve discovered that in the long term, the end more than justifies the means.
Prior to using any product however, it is very important find out about every available details about it since you’ll be investing money and time into something on a consistent basis.
This means it’s best to completely do your analysis before making a call relating to its purchase. This blog provides you with insight that may assist your comprehension of using construction ERP and the advantages it offers alongside.
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8 Construction ERP Modules
In a construction ERP, there are eight important key modules and each module has a unique worth and working regarding the enchancment of the group. The eight Major modules of construction ERP subtleties are given under.
The major modules of an ERP for contracting enterprise
- Project Management & Production
- Supply Chain Management (SCM)
- Inventory
- Logistics
- CRM
- Accounting & Finance
- Business Intelligence
- Workforce Management
So as to take care of the undertakings and control each single capability of the construction firm adequately and with proficiency, it is very important have a radical understanding concerning the important modules of ERP software for contracting industry. So as to assist you with the tour here we have outlined and defined each element of the modules beneath.
Project management and production
In this module it will get easier to guarantee every one of the projects and undertakings works at its optimum limit.
Moreover, it additionally retains you updated by offering actual time information with respect to your ongoing initiatives .
This module allows the organization to watch each facet of manufacturing and all its particulars. This means any faults or issues might be detected immediately that may have value the corporate large sums of money in losses.
Thanks to this function, it’s more probably that your projects will come to fruition.
Supply chain management
It assumes a major role in establishing the prices of monitoring, automation in purchasing, and optimizing the supply chain.
It additionally handles the acquisition orders management alongside the fabric necessities planning (MRP). Through using this module it will get simpler to streamline purchase orders and preserve a great relationship together with your supplier.
Inventory
Through this module of ERP software for contracting, resource management becomes a lot less complicated and to have total control of prices, transaction history and different data relating to the organization. Wireless management as well as catch unit objects are included on this module.
Logistics
The perform of this module is to trace shipments together with features that assist you to optimize the routes and schedules. It additionally enables printing of invoices for purchase and sales, report era for additional evaluation, not to point out keeping track of the cargo loading for maximum effectivity.
Customer relationship management
Through this Contracting ERP module the association can, without a lot effort, handle the contacts from one space and enhance the revenue from sales by managing customer relationships more effectively.
The module offers helpful insights into particular client’s behavior and details about their repeat purchases, together with instruments that allow you to finalize and shut offers faster.
The effectivity of your employees may also be monitored via the key performance indicators provided in this module.
Accounting and finance
As the title suggests, this module helps you take care of managing the invoices, orders, and bills pertaining to your accounts payables and receivables. It also helps by offering an evaluation and reports on the financial status of the corporate.
Business intelligence
In this module there are a couple of options corresponding to imaging paperwork, KPI’s, indicators or business performances, and your tackle e-book containing all of your purchasers’ details.
With the help of this module, the organization can store every important business document safely in a big enterprise library. It additionally aides in monitoring the performances of the varied departments which can be at the moment engaged on various tasks in the organization.
The module additionally helps you enhance and optimize the tasks that the corporate performs because of its enterprise insights. Through numerous analysis and stories that it is ready to generate, you can simply maintain a great relationship along with your suppliers, employees and clients all from one location.
Workforce management
This is the final module of Contracting ERP software and it incorporates the capacities like task management, time and materials administration, and much more.
It permits the organization to manage projects and constantly monitor the progress of all the tasks within an ongoing project in real time, thus making it easier to deal with. It likewise helps in checking and dealing with the projects which are appointed to the various departments throughout the organization.
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