Abstract
As part of Microsoft Dynamics 365 Business Central, you can find various modules adapted to the needs of users, including companies from the construction sector. Construction companies often face challenges in tracking projects and costs, and many use non-integrated Excel and Word documents. To facilitate their work, we have developed a comprehensive project tracking module within Microsoft Dynamics 365 Business Central. Learn more about this comprehensive project tracking solution below.
Introduction
Standard modules that can be found within Microsoft Dynamics 365 Business Central, solving different business needs of users. But these modules are often not enough, and companies need even more functionality. This is where additional modules come into play. Some additional modules are also developed by Microsoft partners to improve and facilitate users' work in the Microsoft Dynamics 365 Business Central business system.
Each company can choose the modules it needs to implement depending on the type of business it is in. While almost every company needs to implement a module such as finance and accounting, not every company is in the manufacturing or service industry. We understand that some companies are not focused on manufacturing or providing services, but focus on specific areas, for example, such as construction. That's why we developed a new module for monitoring construction projects within Business Central for our clients. Such a module can easily cover the specific needs of this sector.
Challenges and difficulties faced by companies involved in construction projects
Companies involved in the execution of construction projects often face challenges and difficulties in monitoring projects, individual phases, deadlines, raw materials, costs, and more. Most construction projects have some features that are common or very similar for all projects:
- Creating cost estimate calculations and project planning
- Monitoring project implementation by cost estimate items
- Monitoring project documentation
- Analysis of realized income and costs on the project
Most companies face the above challenges and try to find a solution using Excel and Word documents to meet their needs in monitoring construction projects. But then they encounter other problems and challenges, such as:
- Incoherence and unstructured data entered into documents
- Local storage of documents by employees, which prevents employees from accessing certain documents and data
- High possibility of employee error when entering data into documents
- The disconnection of processes and the impossibility of creating documentation in one place
- Impossibility of connection with warehouse operations and monitoring of expenditures by projects
- Impossibility of transparent monitoring of all expenses and income in one place and one application
Any construction project is complicated enough on its own. These types of data management only make the situation even more difficult. Managing construction projects requires speed, accuracy and functionality.
A solution for comprehensive project monitoring
We provide you with a comprehensive construction project tracking module in one place, in the Microsoft Dynamics 365 Business Central business system. It can be applied in various industries, including engineering services, construction projects, and development projects in various companies. The mentioned module covers the following functionalities in project monitoring:
- Preparation of cost estimates for project implementation, resource planning (machines, vehicles, employees, materials, subcontractors)
- Issuing an offer to a potential client
- Opening a project in the MS Dynamics 365 Business Central business system and importing cost sheet items from an Excel file into the business system
- Entering realization by cost sheet items per job performed
- Generation of construction books and printing by realized cost bill items in the business system
- Generation of construction situations (temporary and completed) and printing by realized cost bill items in the business system
- Generating outgoing invoices to clients after completed construction situations
- Recording of the spent work of employees by project
- Recording of materials consumed (creation of issue slips and intermediate warehouse slips per project) and other costs per project (work of subcontractors, travel order costs, transportation costs, etc.)
- Recording of mechanization costs by project (vehicle travel worksheet, machine worksheet)
- Creation of a realization plan by cost estimate items and comparison of the plan and realization by cost estimate items
- Project performance analysis (comparison of costs and revenues per project)
All functionalities of our module for recording projects in construction are perfectly integrated with other key modules in the top ERP solution, Microsoft Dynamics 365 Business Central. This way, you can easily manage all your projects transparently through a single application, and all important data is at your fingertips. Also, your employees can quickly and easily access all necessary documents and data in the business system. And the most important thing for companies dealing with construction projects: you can track all costs and revenues per project in one place, and based on that, make conclusions and proposals when contracting new projects.
Would you like to learn more about the construction project tracking module? Contact us with confidence.
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