Construction ERP

Construction ERP

Construction Industry is growing multifold in India today. Many new companies are coming with various new ideas in the industry today. With increased competition in the real estate & construction industry, it has become vital to remain ahead of the competition and engage with clients and meet the ever important deadlines. 


To achieve the edge over other competitors it is vital be Smart & Fast. “TRIO ERP” for Construction Industry has eased the burden of controlling a business’s internal operations and engagement of customers is now more focused and streamlined. In fact, it is now possible for agents and developers to grow and cultivate strong customer relationships using Sales Module and lead nurturing programs. Real Estate & Construction Software like “TRIO ERP” can ideally organize office operations and can make much required business-critical decisions easily by organizing information and make it easily accessible.

TRIO ERP give an ease to access the critical information with its various modules such as:

  1. Global Masters
  2. Sales & Distribution
  3. Construction Engineering
  4. Finance
  5. Payroll
  6. Logistics
  7. Asset Management
  8. Maintenance
  9. Material Management
  10. Quality Management
  11. Payroll


The benefits of handling critical information for an efficient real estate & construction business are:

Sophisticated Project Performance Analysis

More effective decision-making is driven through the ability to interrogate and report on critical financial and performance data from a central source, allowing analysis through Microsoft Excel to capture key trends.

  • Comprehensive audit trail and data integrity of business-wide enterprise system paired with the features and flexibility of Microsoft Excel
  • System is primarily focussed on the capture of financial, cashflow and performance data which forms the basis to perform advanced  contract and project management analysis that helps users make more informed and effective decisions

Manage Project Efficiency

The ability to track, manage and report on subcontractor and supplier performance, from initial bid to final account, ensures productivity is maximised and statuary compliance is met.

  • A clear view of subcontractor and supplier status is provided at every stage of a contract, from enquiry to orders, valuations and payment
  • Pre-qualification functionality ensures suppliers and subcontractors’ operations meet quality standards before entering into contract
  • Monitor the performance and spend of subcontractors and suppliers
  • Supply Quantity Surveyors with relevant and timely project-focussed valuations
  • Asses time and cost impact of project variables with change and variation management

Complete Control of Project Financials

Take full control of project financials with accurate, real-time information that allows performance to be measured against budget throughout the entire project lifecycle, helping to drive profit.

  • Comprehensive inventory, cashflow, receivables & payables management
  • Cost Value Reconciliation (CVR) functionality can be used in the office or on site
  • Ensure retentions and returns comply to Indian standards with cumulative billing and payments
  • Produce wages and salaries quickly, assigning labour costs to correct departments
  • After every transaction changes are instantly made to project cost positions, providing real-time visibility

Subcontractor Tracking and Management

Maintain complete control of projects with a comprehensive Subcontractor Package Management module that helps users monitor and forecast subcontractor activity.

  • Current and final values of each subcontractor package can be measured and forecasted
  • As work allocation on a project changes allowances can easily be moved between packages
  • Risk is effectively managed through the input of reserves and recording costs of actual and potential events
  • A cutting-edge change control system ensures full control of subcontractor variations is maintained

Sophisticated Procurement

Designed to supply buying departments with a timely and cost-effective facility, the functionally rich requisition and purchase order system meets the operational needs of contract-based organisations.

  • Manage the entire buying cycle, with full visibility and the ability to report at all of its stages
  • Select the most suitable subcontractor and supplier by reviewing both objective and subjective historic data to negotiate the right price and desired service level agreements
  • Save time and galvanise subcontractor and supplier relations with an automated procure-to-pay process powered by a complete range of e-commerce capabilities
  • Control cashflow effectively, forecasting cash levels from single contracts up to a full consolidated organisational position

Other Benefits of ERP:

ERP helps in reducing operational costs by coordinating various departments of the organization and increasing their efficiencies. Its centralized working system assimilates the business processes and controls inventory, lower production and marketing costs. It also lowers help desk support.

  1. This software boosts day-to-day management activities of a business. Since it has better accessibility to data, business heads can make immediate references to it for decision making and managerial control. It also performs activity based costing by keeping track of actual costs.
  2. ERP software backs strategic planning that defines a set of goals and objectives for the business. Reports and functions of resource planning assist employees to develop an all-inclusive strategic plan.
  3. Many programs offer mobile facilities so that you can always remain aware of the working of your business. You can choose from the various packages for the most appropriate one for your business needs.
  4. ERP software comes handy while dealing with high volumes because of its real time capability and future-based orientation. Your company will no longer be plagued by inventory shortage or wastage of time while transferring files.
  5. Another advantage of ERP is in accounting application. It can integrate costs, profits and revenue information of sales. A company can know when to update its products through a dating structure. Quality can also be enhanced. Thefts and industry spying can also be prevented.
  6. ERP offers the best business and monetary solutions for a small company and a company facing financial crisis. By allowing flow of money into diverse and important business endeavours it results in increased efficiency and smooth running of the business.

Advantages of ERP (Enterprise Resource Planning) System:

  1. Complete visibility into all the important processes across various departments of an organization (especially for senior management personnel).
  2. Automatic and coherent work-flow from one department / function to another to ensure smooth transition/ completion of processes.
  3. A unified and single reporting system to analyze the statistics/ numbers/ status etc in real-time, across all the functions / departments.
  4. Since same software is used across all departments – this can avoid individual departments having to buy and maintain their own software systems.
  5. Certain ERP vendors can extend their ERP systems to provide Business Intelligence functionalities as well.
  6. Advanced e-commerce integration is possible with ERP systems that can handle web-based order tracking/ processing.
  7. There are various modules in an ERP system like Finance/ Accounts, Human Resource Management, Manufacturing, Marketing / Sales, Supply Chain / Warehouse Management, CRM, Project Management, etc.
  8. Since ERP is a modular software system, its possible to implement either a few modules (or) many modules based on the requirements of an organization. If more modules implemented, the integration between various departments might be better.
  9. Single Database is implemented on the back-end to store all the information required by the ERP system and that enables centralized storage / back-up of all enterprise data.
  10. ERP systems are more secure as centralized security policies can be applied to them and all the transactions happening via the ERP systems can be tracked.
  11. ERP systems provide visibility and hence enable better/ faster collaboration across all the departments.
  12. It is possible to integrate other systems (like bar-code reader, for example) to the ERP system through an API (Application Programing Interface).
  13. ERP systems make it easier for order tracking, inventory tracking, revenue tracking, sales forecasting and related activities.
  14. ERP systems are a boon for managing globally dispersed enterprise companies.

Contractors can manage asset acquisition and cost, distribution and utilization, maintenance schedules, and eventual retirement. With this information, they can calculate return on investment and reduce the costs of asset loss through theft or misplacement.

The most important ways in which software helps in the real estate and construction business is in the integration of business processes and in creating a centralized repository of your important information. Thus, it increases productivity, visibility & accuracy, to make for a successful business story!

This real estate software for builders has secure data storage facility and is completely flexible, efficient and secure. There are multiple measures that help to protect your invaluable customer data. It extends the existing information architecture and helps you align business operations.

So, if you want to eliminate your extensive paperwork and introduce agility and are passionately looking to have a competitive edge while managing your resources efficiently then TRIO ERP real estate software solution is the best answer. It will increase the productivity of the business and help in settling all transactions and activities automatically and online.

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