D365 SOLUTIONS FOR IMPROVED END-TO-END OPERATIONS IN CONSTRUCTION
The global business landscape is undergoing a seismic shift with digital transformation taking over the world economy. In this hyper-connected world, the daily emerging disruptive technologies are preparing the soil for explosive growth across all global industries. Industries like construction face greater challenges, given their massive enterprises and complex functionality. They are frequently forced to deal with siloed operations and data, disconnected functions, poor performance-visibility, and lack of productivity. These challenges could be overwhelming and overcoming them requires investing in integrated business management systems such as Dynamics 365, capable of delivering industry-tailored end-to-end automated solutions. The profitable growth of construction/project-based companies relies heavily on the tracking and visibility of progress across several touchpoints including project performance, supply chain, budget, data asset management, contract management, billing, documentation, etc. The business management service offered by Microsoft Dynamics 365 promptly delivers the agility and visibility imperative for driving success across project-centric businesses.
DEAL AND PROJECT MANAGEMENT SIMPLIFIED
Right from the baseline, at consolidating a deal, construction businesses can save massive amounts of time and energy with D365 through customizable resource-based costing and pricing, adaptable billing methods, seamless customer-data integrations, and standardized templates for estimations and project schedules. Project management, which forms the core of an enterprise, is made smooth and effortless with the cutting-edge features offered under the Project Operations capabilities of Dynamics 365 system, such as dashboards, interactive Gantt charts, progress tracking modules for labor and materials on the sites, and built-in intelligent and analytical insights to ensure successful progression of work. Cross-functional teams can easily collaborate and interact online in real-time to ensure updated and streamlined workflow.
STREAMLINED FUNCTIONS & OPTIMISED FINANCIALS (KPI DASHBOARD, CPQ ENGINE)
Complex industry units like construction require the fundamental support of resilient tools to manage their elaborate and intricate finance system. Simplified invoicing, revenue recognition and efficient project accounting are only a few of the prime catches. The Project Management module under Dynamics 365 comes with built-in KPI (Key Performance Indicator) dashboards which are intelligent tools that consistently impart valuable real-time insights on project progress, financial status, labor productivity, customer expectations, and overall performance. These dashboards can be smartly utilized to make better judgements and strategies by analyzing finance-flow and investment returns (ROI). The system also includes a CPQ engine that makes the entire process of selection and configuration intuitive, error free and effortless, thereby accelerating core processes like quoting, order entry, and catalogue generation. It dials down sizeable amount of time and expense by eliminating errors, speeding up training and sales, and by minimizing the demand for engineering support in various departments. CPQ in construction becomes substantial as it streamlines production, saves cost, and enhances quality of products and materials by precisely communicating configuration-specific information to the manufacturers.
BETTER RESOURCE UTILIZATION
The system ensures maximum utilization of resources through easy and optimized resource workload distribution and delivery. Automated skill-set-matching perfectly aligns the right people to the right project category, thereby scaling high efficiency and productivity with utmost ease and convenience. Moreover, a centralized document management system makes it easier for the team members to review RFPs, RFIs and RFQs in a timely manner. KPI dashboards also play a key role in allowing for panoramic visibility of the entire supply chain. They help manage and orchestrate all the materials and procurement processes in warehouses and mobile field service trucks.
Improved automated project management, real-time tracking and tracing, seamless handling of contracts, investors and subcontractors, and better finance-control are the boons that come with implementing an optimal business management solution. By replacing outdated and archaic systems with sophisticated and advanced business solutions such as Dynamics 365, business owners can easily upscale productivity and profitability inestimably, with a unified and hassle-free control over the entire construction cycle.