ERP in Construction
The construction industry can be broken into these major subgroups: general contractors, specialty contractors, heavy and highway contractors, and other. According to a 2009 Gartner Research article, total technology spending in the construction industry was roughly $25 billion while utilities spent about $114 billion for technology during the same year.
ERP in construction is gaining more attention in recent years. For many companies, IT plays a significant role in efficient design and construction delivery, and it's important as a productivity tool throughout the construction lifecycle. Contractors are embracing technology to stay connected. Field workers are increasingly using wireless and mobile technologies. And information security within networks and operating systems is continuing to improve.
Construction ERP solutions range widely in their capabilities. While most offer varying degrees of essential project management tools, others are adding features such as CAD tools and/or interfacing with leading third-party solutions. Other key requirements within the construction industry include estimating/quoting, job costing, project scheduling, service management, purchasing, accounting, HR and payroll tracking, and third-party reporting tools.
Over the past decade, we have reviewed and audited over 100 ERP software vendors, including those that support the construction industry. Using our proprietary knowledge base, our experienced professionals will guide your team to accurately define and classify your organization’s information technology needs and select a construction ERP solution that meets those specific needs.
Find the Right Construction ERP Solution