Top Benefits of Construction ERP Software in the Real Estate Industry

In today’s digital world, most construction and real estate businesses are found to operate in a traditional way. However, according to a survey of the construction industry by JBKnowledge, the workflows that are most dependent on software were identified: Accounting (85%), Estimation (60%), Project Management (50%), and Scheduling (50%) are the same workflows that rely heavily on spreadsheets, highlighting the major operational and financial risks in the real estate and construction business.

Real Builder — an integrated Construction ERP software, is required to eliminate human error and reduce productivity that occurs in real estate and construction business processes. Real Builder Construction ERP streamlines and automates all business processes, such as sales, human resources, procurement, inventory, etc, with the latest technology to deliver insightful and meaningful data/information.

This article discussed some of the benefits of Real Builder Construction ERP software to help real estate & construction business owners understand the importance of integrating it into their business.

Automation of Manual Tasks

Real Builder can help automate traditional business processes and increase the productivity of employees in an organization.

For example, if the marketing department must wait for customer data from the sales department to implement a new marketing strategy, it will reduce the overall productivity of the process.

With a Construction ERP system, all relevant data can be stored and updated in a centralized platform that everyone can access. In addition, the use of the best Construction ERP software eliminates manual tracking of data, breaks the traditional silos in the organization, and improves the efficiency of business processes.

Centralized Data Storage & Management

Every business process involved in a real estate or construction project must be carried out simultaneously to complete the project. To this end, Real Builder Construction ERP software provides a unified and secure platform to facilitate data storage and management. Business owners can dynamically track and analyze project data to help them accurately calculate the financial costs incurred. The synchronization and efficient tracking advantages of Construction ERP software improve project efficiency and productivity.

CRM for Effective Sales and Marketing Strategy Implementation

Sales and marketing play a crucial role in the success of an organization. Implementing effective sales and marketing strategies can meet customer expectations and build a loyal customer base. Real Builder Construction ERP software provides a CRM that helps marketing and sales professionals store and track all data related to potential customers in real-time.

Any real estate or construction business aims to provide quality work and meet customer needs on time. Without taking advantage of Construction ERP software, it may be difficult for sales and marketing executives to track customer data and implement effective marketing and sales strategies.

Overall Reduction in Project Cost

In order to obtain new projects from clients, real estate and construction companies must provide an accurate budget estimate and the time required to complete the project. Based on these two crucial factors, as well as the design of the project, the reputation of the company, etc., the clients would propose a bid to the appropriate company.

The customizable Construction ERP software like Real Builder can accurately predict the costs of a project and the time it will take to complete it. They ensure that the project’s actual cost does not exceed a significant portion of the projected cost. In this way, construction or real estate companies can effectively use resources and workforce within the allocated budget and time frame.

Optimize Project Management

Many well-known builders and construction companies have faced downfalls due to improper project planning. It may cause huge losses to the company or lead to the completion of a poor-quality project. In addition, project delays or postponements due to poor planning can also damage the company’s reputation.

Before initializing a project, it is necessary to accurately map the resources such as raw materials, labor, engineers, etc., that are required to complete the project. Real Builder ERP software can be used to track resource procurement and financial costs incurred during the process. As a result, project managers can use a single platform to allocate budgets and resources effectively. In addition, with the advantages of construction ERP software, it is easier to complete projects on time, thereby increasing productivity and reducing costs.

Final Thoughts

Now that you understand the importance and benefits of Construction ERP software, the next logical step is to integrate it into your real estate and construction business.

Our Construction ERP software, Real Builder, specifically assists real estate developers with business challenges by automating repetitive tasks and tracking data in real-time. If you are looking for a Construction ERP for your business, please get in touch with our team to find out how we can increase your revenue and reduce operating costs.