DOES YOUR CONSTRUCTION OR REAL ESTATE BUSINESS NEED ERP SOFTWARE?

Well, the answer is YES!

According to our research, each growing real estate developer or contractor must provide an ERP Software for its business. Although many people (approximately 40-50%) still do not use ERP software enterprise-wide, let’s look at several reasons why real estate companies must have an ERP software.

Use of outdated tools such as Microsoft Excel or multiple software for each module

There is no doubt that Microsoft Excel is a powerful tool (we also use it for specific internal purposes). It’s easy to enter formulas and customize rows and columns as needed. However, if you are dealing with complex formulas such as GST calculations, you will be in a terrible state. Furthermore, errors are inevitable because most of the work is manual. Therefore, if a company only relies on spreadsheet software to help make business decisions, it is meaningless.

Many companies also use different software for each module, such as Tally, Oracle Financials, SAP FICO for finance/accounting, SalesForce, Zoho for CRM, etc. This may be beneficial in the first few years of the company, but it may encounter challenges during the growth phase, especially if you have to update every software for every version. However, if you have a single software for all modules or the main software with additional components, not only will all your data be concentrated under one roof, but only one software update is required. It is like a one-stop solution to meet your real estate or construction business needs.

We recommend against using outdated or multiple software to manage each process, and hop on a scalable 360-degree solution for your real estate company, such as Real Builder ERP, and explore the tremendous possibilities it can provide.

Information about your Business in real-time

As a company grows, maintaining data becomes difficult without effective software. ERP software eliminates the possibility of entering multiple inputs and updates the information in real-time to constantly update the information about all modules and related users. All departments need to be in sync as this saves redundancy and allows users to focus on existing data, and help owners scale their business.

Provide Meaningful and In-depth Data Insights

Although most software can help you maintain data, many software does not give you deeper insights into the business. The company needs to have an ERP software that can provide dynamic reports with the help of Business Intelligence dashboards.

Real Builder ERP provides business owners with deeper insights in real-time that other software usually cannot provide.

Automation of Business Processes

Automation integrates different business processes and improves communication between users working in various departments within the organization. When employees in one department wait for employees in other departments to complete tasks, or when a piece of information is not available, productivity is reduced. Real Builder ERP system can automate these business processes and store data in a central location. This not only helps users to access data quickly but also enables automated communication between departments.

Wrapping Up

Real estate ERP software contains integrated applications like financials, purchases, sales, leads, projects, engineering, etc., and the information in these modules must be automated. For example, when processing a new purchase order, the software may automatically prompt for interaction with the finance, purchasing, and expense departments. This type of ERP software automation can have multiple benefits, including reducing daily errors and unintentional data duplication, as well as streamlined communications, thereby saving time and reducing operating costs.

If you are looking for ERP for your business, please get in touch with our team at +91-8799316235 to find out how we can increase your revenue and reduce operating costs.