Oracle NetSuite
Maximize Project Profits with a Smarter Construction ERP Solution
Ensuring Timely Project Delivery While Effectively Managing Project Expenses
real estate construction
Designed for construction industry players who want their undertakings on land, property and other holdings to grow fast and become sustainable while staying current with industry trends and nurturing relationships with their clients.
It can enhance your presence in the industry and ensure the effectiveness of your projects. It can also efficiently back the needs of your ventures and come up with solutions wherein the benefits and usage are worth what is paid for them.
While NetSuite already has strong standard ERP features to help grow your business efficiency, CloudTech has successfully designed a vertical solution with unique features for the Construction Industry.
Oracle NetSuite Construction ERP Solution
Material Issuance & Receiving
Managing the process of issuing materials to projects and receiving materials into inventory, ensuring accurate tracking of stock levels and project costs.
Project Expense Charging
Allows direct charging of project-related expenses (labor, materials, equipment, etc.) to specific projects for accurate cost tracking and profitability analysis.
Budget vs Committed; Budget vs Actual
Compares planned project budgets against committed costs (purchase orders, contracts) and actual expenses incurred, providing real-time visibility into budget performance.
AR/AP Recoupment & Retention
Handles the management of accounts receivable (AR) and accounts payable (AP), including tracking retentions (amounts withheld until project completion) to ensure proper cash flow and financial control.
Project Profitability
Analyzes project revenues, costs, and expenses to determine the overall profitability of individual projects and the portfolio of projects.
Project Creation and WBS Maintenance
Enables the creation of new projects within the system and the ongoing maintenance of the Work Breakdown Structure (WBS), which defines project tasks and subtasks.
Bill of Quantity (BOQ)
Provides a detailed list of materials, quantities, and costs required for a project, facilitating accurate estimating, procurement, and material management.
Subcontracting
Streamlines the process of hiring and managing subcontractors, including contract creation, tracking progress, and processing payments.
Equipment Monitoring
Tracks the usage, maintenance, and costs associated with construction equipment, ensuring optimal utilization and minimizing downtime.
Accomplishment Form-Customer Billing
Generates documentation of completed work (accomplishment forms) used for customer billing, ensuring accurate and timely invoicing.
Featured Customers
Explore other Oracle NetSuite Solutions
Oracle NetSuite offers a variety of solutions tailored to meet the specific requirements of different industries, functions, and business needs.
Construction ERP
Ensuring Timely Project Delivery and Expenses.
Property Sales
Maximize Sales and Profit of your Property.
Property Leasing and Management
Stay on-top of your assets and rental properties.
Inventory Management
Optimize Inventory levels and ensure product availability.
Procurement
Effectively manage vendor Relationships, source-To-Pay processes and control Spend.
Healthcare and Clinic Services
Optimize Healthcare Processes and Manage Patient Records efficiently.
