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erp software for contractors

Highrise is first Specialized Construction ERP; an Internet Ready software solution popularly known as ERP for Construction & Contracting Business. In simple words an ERP is the integrated software solution encompassing all the functional departments of the enterprise. Highrise consists of integrated functions of Accounts & Finance management, Budgeting, Project Estimation, Planning, Project Management, Purchase, Store & Inventory Control, Labour Contract Management, Human Resource Management, Quality Control, Tender Management & Client Billing, Equipment Management & Maintenance, Plant Management & Maintenance, Vehicle Tracking, Diesel management and Fixed Asset Management. All the above functions share common data thus makes the organization homogenous. Different types of Contract such as “Item Rate Contract” as well as “Fixed Value Contracts” can effectively be handled by Highrise. Highrise is useful for Residential, Industrial, Infrastructure, Road, Bridges, Power Plants, Mechanical, HVAC, WTP, STP, MEP, EPC, Turnkey, SEZ, Railway, Solar and other Construction Projects

Highrise ERP is available on Licensing, Annual Subscription as well as SaaS and can be hosted on on-Campus Server or Cloud.


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Engineering

The processes involved are:

  • Define project, WBS
  • Defining Rate analysis
  • Estimation (directly converting CAD drawings)
  • Re-estimate & maintain versions
  • Project scheduling (using PERT / CPM) & planning
  • Project costing & budgeting
  • Computation of activity-wise and material-wise variance for quantity & Cost
  • Incorporation of quality checks using quality check lists at task level

Business Benefits:

  • Centralised document management & monitoring
  • Accurate estimates
  • Better change management & control management
  • Accurate project planning, execution & monitoring
  • Better & timely management directions; Real time available of data
  • Timely alerts & escalations for any abnormal behaviour; avoid postmortem
  • Timely project completions with quality control

Material Management

With regards to the operations & execution of projects, the focus of any construction industry is on the material movement. Being a very large capital intensive industry, it is the requirement of every management to control and monitor the movement of materials at any given point of time.
The modules involved here are the Site Management and the Purchase Management, where there is complete transparency between these two entities.

The processes involved at the site are:

  • Generation of requisition / indent based on the project plan defined
  • Generation of Goods Receipt Notes (GRN's) from site (via internet); either against a Purchase Order, Work Order, Cash based purchases, and / or from other sites
  • Generation of issue slips from site (via internet); as per the requirements
  • Stores management - tracking all GRN's & issues
  • Stock reconciliation

The processes involved at the Centralised Purchasing Dept. are:

  • Verifying the requisition against estimation, project plan & accordingly process it
  • Supplier registration & grading
  • Handling material requisition / indents from site (via internet)
  • Cross comparison against estimates before approval
  • Floating enquiry & receiving quotations; Generate comparative statements
  • Generate purchase & transport orders along with all the taxation
  • Generation of import orders
  • Checking & passing of material & transport bills
  • Inventory control - using FIFO, LIFO, FEFO Recorder levels etc.
  • Receiving goods either against a Purchase Order, Work Order, Cash based purchases, and / or from other sites

Business Benefits:

  • Define strategic purchase controls
  • No manual intervention; avoid unnecessary delays in material procurement
  • Reduction in wastage and Inventory holding
  • Supplier grading – improves value for money
  • Up to date & better pricing
  • Timely escalation of issues
  • Centralised document management & monitoring
  • Complete and real time Material Management; from Estimation to Indent to Purchase to Delivery to Issue with checks & controls

Contract Management

The contract management is one of the core functions of the construction industry. Since majority of the work in done by multiple contractors viz. specialized contractors, labour contractors etc. the module is fully compliant to the various permutations & combinations of work orders required by the industry to get generated.

The processes involved are:

  • Contractor registration & grading
  • Creation of Payment templates
  • Generation of work orders (with and without materials)
  • Monitoring work completion (via Internet)
  • Checking the quality and the workmanship of the contractors
  • Automatic generation of RA bills
  • Passing of RA Bills (Linked to material consumption & quality approvals)
  • Handling with material contracts, TDS, Service Tax, VAT, Retention, Advance, Debits, Credits & Securities

Business Benefits:

  • Scientific ways of achieving rates – contractor rates
  • Better construction quality – activity wise quality checks
  • Better labour management – timely completion & monitoring workmanship
  • Contractor grading – improves value for money
  • Better tax management
  • Better discipline in contract execution

Financial Accounts

The fill fledged accounts module provides the accounts department the entire function related to their daily accounting needs. Since the module directly integrates with other core modules, the vouchers related to all type of expenses and receipts gets generated automatically, thus eliminating the need for the accountant to punch in the voucher details.

The processes involved in financial accounts are:

  • Define project, WBS
  • Standard double entry book-keeping
  • Integrated to all other modules
  • Automatic TDS, Service Tax Calculation
  • Deduction & eTDS submission
  • Generation of required forms
  • Drill down features for browsing Balance Sheet, P&L, Ledgers
  • Built in budget monitoring system
  • Project wise Balance Sheet and P&L
  • Multi company balance sheet and P&L
  • Cash flow reports
  • Browsing across the financial years
  • Monthly locking of financial year
  • Built in Audit features & Audit trails
  • Compliance with schedule VI, IFRS and US GAAP

Business Benefits:

  • Integrated accounts eliminates possibility of errors; no duplication of data entry
  • Better transparency among all the departments
  • Better utilization of manpower
  • Better corporate Image - computerized statements
  • Accurate cash flow requirements
  • Better fund management
  • Improved liaison with bankers, auditors, financiers, business partners

Tender Management

One of the key modules among contractors who participate in tender (both Government & Private) and also issue tender. The module captures all the required information of a tender enquiry. Facility to enter the client’s BOQ and accordingly map with the inbuilt tasks provides the engineering and tendering department a greater transparency during the execution of the work and better control wrt the estimations provided in the tender..

The processes involved are:

  • Supports inward & outward tenders
  • Capture tender details; facility to alert users regarding tender submissions
  • Version tacking & bid application
  • Links Engineering & contract management
  • Complies to related Indian taxation rules viz. ST, VAT & WCT

Business Benefits:

  • Visualize tender estimation v/s actual; real time data availability
  • Take timely corrective actions; avoid delays which impacts profitability
  • History data availability; better equipped for tender submission

MIS & Other Features

The processes involved are:

  • Built-in configurable dashboards
  • Variety of summary & review report
  • Multi-Level role based cofigurable workflow
  • Document management in all modules
  • Audit traits in all modules
  • SMS / Email / Popup Alerts, App notification in all modules
  • Knowledge banking for all departments


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