ERP software for the construction industry in Singapore:An overview

Construction covers the conception, design, pre-construction, procurement, actual construction, and post-construction. It also involves multiple skate holders, such as the main contractor, subcontractor nominated contractor, material supplier, project manager, and consultants, who need to share and receive time sensitive information related to the project cycle. The erp software for construction industry is one of its best kind.

Leading project management Platform and ERP software for the construction Industry

Singapore is known for its construction Industries. It is a busy city with a daily busy life. One such project management is Yonyou’sProject Management platform.With technology and speed being a key emphasis in recent years, businesses in the built environment sector have found it imperative to automate the many manual processes to improve work quality, productivity, and the cost of time and materials. Yonyou’sProject Management platform andEnterprise Resource Planning (ERP) software for the construction industry havebeen developed recently. Ithelps lower operating costs, shorten project life cycles and achieve higher quality project delivery.

Few of the managements are-

• Asset Management –It has aPain Point such as –

1. Inventory information cannot be accessed in real time by all related stakeholders.
2. Stocktaking is done manually and is prone to errors.
3. Data entry is recorded by hand and stored on paper.

The solution to the Pain Point is –

1. Digitize all relevant data records on one platform for all the parties to access information and authorization.
2. Automate asset management life-cycle, including purchase information input, transfer, assetloss, and asset management life cycle.
3. Maintain intact and detailed asset profiles for unification.
4. Reduce redundant communication with live data presented, thus improving productivity.

• Contract Management- The Pain Point is –
  1. Time-consuming processes for contract evaluationcause project delays.
  2. Manual workflow causes inaccuracy due to input errors and formatting incorrectness.

The solution follows as-.

1. Relevance stakeholders are only required to modify the designated content of the contract.
2. Sensitive documents are preserved within the department with precise permission control.

• Drawing Management- The Pain Point follows as.
  1. Delay of information transferring relevant skate holders not receiving updated drawings.
  2. Information Asymmetry.

The solution is –

1. A centralized platform of access to drawings anytime,anywhere.
2. StrictAuthorization control on drawings submission and action logs are taken to avoid information asymmetry.

• Claim Management –The Pain Point is that the claim and payment process is time-consuming due to the transmission of documents between the site and HQ.

The solution lies in digitized claim and payment processes that shorten the operation process,  and real-time reports and statistics are presented to progress the approval process.

With these, ERP becomes smooth and functional.