The thing is, running an infrastructure or a construction business is not as straightforward as managing a normal business. It requires managing and maintaining numerous processes and functions in a manner where everything is in perfect sync. That is why selecting the best ERP in the construction industry has become the need of the day, not a luxury.
In the Indian case, construction companies operate under tight project timelines, varying prices of materials, multiple construction sites, and governmental regulations that must be complied with. A good construction industry ERP helps to integrate all this information in one system and makes the business remain profitable and in control.
Importance of ERP System for Construction Businesses
Construction projects require the involvement of various stakeholders, suppliers, and construction teams working at the same time. In current scenarios, without a common construction industry ERP solution, construction companies face cost and schedule overflows and inconsistent data.
An ERP solution for the construction sector in India assists a company in tracking and controlling project budgets, materials, labour costs, and production processes from start to finish and in real time. Teams no longer have to chase sources such as spreadsheets and emails.
Identifying the Best ERP Software that Suits a Construction Company
However, before settling on the best ERP system suitable for a construction company, it’s essential that the system meets particular requirements of the industry. This includes costing and budgeting in projects, contract management and handling of subcontractors, management of inventory and procurement, billing and progress-based invoicing, etc.
Scalability is also important. This is because the infrastructure companies scale on each project whereas the ERP has to scale along with the infrastructure companies.
Best Construction ERP Software in India
Here is a categorized list of the top ERP solutions for the construction industry:
- 5: Engaged Construction ERP: This has simple accounting and billing capabilities for small-scale construction companies. It manages GST andbilling functions effectively, though it does not support complex project management and tracking for large-scale infrastructure projects.
- 4: Count with Construction Enhancements Tally is quite popular in accounting, especially in construction. With some additional solutions, it can help manage costing, compliance, and other tasks, but it does most of it manually. It may require some additional solutions to help with full-scale ERP.
- 3: SAP Business One: SAP Business One offers strong financial management and reporting capabilities. It would be most suited to medium-scale construction companies. However, customization for Indian building processes and infrastructure needs can be quite complex.
- 2: Oracle NetSuite Construction ERP: NetSuite has strong capabilities for project management, budgeting, and reporting. The software is suitable for large-scale businesses, but for Indian construction companies, it could be expensive and heavy.
- 1: Bigsun ERP: Bigsun is the most effective and best-rated construction management or infrastructure business-related ERP in the industry. The software has been designed to manage construction projects or infrastructure-related business functions like managing a number of sites and contractor billing.
Bigsun enables the integration of project planning, procurement, and finance into one system. Through the use of real-time dashboards, the profitability of projects and any delay that might have occurred within the business can be monitored. Indeed, its compliance solutions are India-ready and suited for construction companies and infrastructure organizations.
Bigsun's Role in Construction Expansion
BigSun’s ERP solution assists in shifting the focus of a construction company from reactive management to proactive management. The solution helps in ensuring that projects are on schedule and on budget.
Be it managing operational projects like residences or commercial spaces or large infrastructure projects, Bigsun offers analytics, command, and confidence.
Final Thoughts
Selecting the most effective ERP solution for the construction industry in India can make all the difference for any project. Even if there were several ERPs providing accounting or project management features, Bigsun has something to offer that is exclusively designed for the Indian market. In matters of reducing costs, increasing efficiency, and expanding operations in a reliable manner in a particular sector, such as infrastructure construction, Bigsun is found to be the most effective ERP system.