How Machine Learning Can Improve Your Construction ERP Software

How Machine Learning Can Improve Your Construction ERP Software

With several conferences centered around its transformative potential and every industry expert betting on it as the next big thing, Machine Learning has taken the whole technology world by storm, and rightly so. Machine Learning uses historical data and real-time data feeds to enable a computer to automatically discover insights and predict new examples, aiding companies to find patterns and gain forecasting abilities. No wonder, every industry today is looking to tap into machine learning’s disruptive power. And construction industry is no exception.

In the last few years, we have seen ERP systems emerge as a necessity for today’s construction businesses, addressing its most complex issues. However, coupled with machine learning’s data-driven intelligence, the construction ERP solution promises to drive the next level of efficiency gains. Let’s look at four ways how machine learning integration can power your ERP for construction:

1. Strong Forecasting Capabilities: One of the prime rewards of construction ERP solutions integrated with machine learning is highly accurate predictive capabilities. Construction companies need powerful predictive analytics to derive near-exact estimates on project completion timelines, project cost, equipment and labour requirements, etc. A failure in precise estimation leads to project delays and increase in project initial cost shared with customers, which can significantly tarnish the construction company’s reputation. This is where machine learning comes into the picture and brings in a lot of value. Using historical data, machine learning can not only help you predict accurately but also warns you about the factors that may lead to delays or over expenditure. This helps construction companies to be better prepared in advance.   
2. Streamlined Project Management: On a construction site, a project manager has to deal with several day-to-day issues, such as water leakage, improperly installed window panel, to name a few. In a normal scenario, this requires significant amount of time and coordination from project manager to get these issues resolved. With machine learning integrated into construction ERP software, the project manager gets a digital assistant, which alerts the concerned department in any malfunction or quality issue. Apart from this, it can auto-prioritize these tasks and give a clear idea to the project manager on how much time an issue might take to resolve. These insights will help the project manager to revise work and manpower allocation to keep the project on track.
3. Predict Raw Material Requirement: Traditionally, managing raw material has been a huge challenge for construction firms. While construction ERP software addresses this issue effectively, software with in-built machine learning capabilities takes it to another level. By analyzing real-time data and historical data, it helps you figure out when you need to re-purchase a particular raw material. A good construction ERP solution also uses machine learning to suggest vendors for procurement.
4. Identify Safety Concerns: Health and safety in construction cannot be taken lightly. An ERP for construction with machine learning capabilities has the potential to identify and prioritize potential safety concerns across the project lifecycle. It identifies high-risk safety behaviors and flags subcontractors or employees that make the same safety errors time and again. These insights help project manager to take a proactive approach towards security rather than responding in a reactive manner. 

These examples are actually just the tip of the iceberg; with machine learning integrated into construction ERP solution, the possibilities are actually endless. In fact, analysts are asserting that looking ahead machine learning will be the defining capability that will distinguish modern construction ERP system from the traditional ones. If you are embarking on your construction ERP journey, make sure that the provider you select has the vision to incorporate advanced technologies like machine learning. The key to choose the best construction ERP software is to closely analyze the top leadership team – it should be tech-savvy and firmly focused on technology advancements.     

Read More

Lessen Cost with Cloud HCM Implementation

In the course of the most recent decade, HCM execution has helped organizations to spare HR organization cost.

Entrepreneurs utilizing HCM up to this point will collectively concur that setting up an in-house HR division is very costly in examination

Each organization sets out upon with an expect to make benefit and decrease cost. HCM Software permits you to streamline HR work process and enable workforce. It streamlines HR operations crosswise over various specialty units. 

It empowers you to discover right ability, lessen preparing time and adjust your representatives to your authoritative objectives. In particular, it helps you to secure delicate representative information.

With the selection of HCM situated in cloud, organizations can use upon their current advantages. Then again, organizations who have been as yet utilizing customary HR applications will discover cloud HCM an energizing open door. 

It is an exceptional change over customary HR framework as it robotizes all HR forms and gets another vitality the HR division leaving HR experts a lot of additional opportunity to concentrate on vital choices. 

Organizations are effectively turning towards versatile and adaptable cloud model to safely deal with their everyday HR organization. 

It is genuine when a HR official is given the assignment of cloud HCM execution; the main thing expected by the proprietor is to legitimize the ROI. 

Give us a chance to investigate noticeable cost reserve funds with Best HCM Software Solutions

Cloud HCM in light of the lines of pay-as-go-model helps you to increase noteworthy cost funds. Associations can get rid of programming authorizing charges and starting equipment speculation to set up servers and gear. 

The heap of keeping up security to ensure HR information additionally moves towards cloud merchant. You simply need to pay for information stockpiling being used which is as opposed to on-start arrangement, a significantly less expensive method for playing out a similar capacity. In this way, there is a huge decrease in capital cost brought about. Other than having low beginning expense of cloud setup, you generally get to the most refreshed variant of cloud application with all the most recent elements. 

Cloud HCM is normally viewed as a piece of operational consumption. On the off chance that you have arrangements to run a mix of on-start arrangement and cloud operation, regardless you advantage by utilizing cloud administrations for performing customary undertakings while delicate worker data can remain on introduce. 

Nonetheless, cloud HCM usage is not just about direct cost sparing procedure; it offers various one of a kind preferences that recoveries concealed costs in HR office.

Cloud HCM usage helps you to lessen blunders, computerize finance section, deal with all HR-related assignments in one framework, enhance business profitability, and diminish cost in administration of participation, enrollment and execution. 

Benefits related with cloud HCM usage go past direct cash investment funds 

•  Remotely get to HCM

Cloud HCM permits all representatives to get to the product remotely and safely over web from any cell phone. It makes it helpful for both manager and representative to oversee (refresh and look for) worker data.  

•  Generate redid reports for examination

Cloud HCM permits you to create altered reports at the snap of a catch. Worker data can be effortlessly gotten to and significant bits of knowledge can be in a flash picked up for critical basic leadership. 

•  Data joining

Cloud HCM can undoubtedly coordinate with different applications and procedures inside the association. Aside from that, it helps you to beat HR wasteful aspects, enhance efficiency and connect holes to HR execution. 

•  Performance administration

Cloud HCM helps you to distinguish the most fitting procuring hotspots for representatives in view of their execution appraisals. HR faculty can pick up knowledge into contracting procedure to discover how worker referrals end up being the best source to discover appropriate ability.

It additionally makes it less demanding for HR chiefs to recognize high and low entertainers in view of Key Performance Indicators (KPI). Low entertainers can be prepared or roused in a particular way in the wake of distinguishing their deficiencies. Then again, superior workers can be deliberately utilized for a superior part or compensated suitably. 

•  Enroll representatives into organization benefits

Cloud HCM permits each worker to utilize self-benefit module to pick up data, talk about and select into organization profits by the solace of their homes. 

•  Devise better approaches to enhance income

Cloud HCM can help you to start e-learning procedure to improve representative expertise, increment efficiency and measure the effect of their execution in light of target objectives. It propels the representatives to perform inside the association alongside rising profession diagram. 

•  Real-time correspondence

Numerous HCM applications accompany inner online talk that empowers continuous content trade among the workers both inside and outside organization premises. It turns into a simpler approach to associate and scatter data inside the group sparing time. 

•  Upgraded application for all

Since cloud application is consequently refreshed by cloud merchant, all workers at the same time get to the most recent rendition of programming going around contradiction. There is no requirement for manual refresh and everyone is in accordance with new elements encouraging better joint effort.

•  High time to esteem

Cloud HCM is anything but difficult to execute with no prerequisite for broad IT group and servers on board. Clients just need a web program and web association with get to HCM. 

•  Business spryness

There is no compelling reason to put resources into surplus equipment and IT framework while adding more clients to the framework or when you require additionally handling power. HR directors can essentially upscale or downscale by receiving variable evaluating model. In this way, it offers gigantic measure of cost cutting with no bolted up capital.

Read More

Are your Employees Getting a charge out of the Juice of your ERP System?

Revealing an intense ERP system is just a large portion of the fight won, as the genuine test lies in execution and selection of the same in long run. 

Amid the execution arrange, it is critical for an organization's workers to recognize the reality with reference to why the legacy or customary system is neglecting to stay with up and why the is moving to another ERP software. This may incorporate getting individuals from every one of the divisions. As a characteristic human inclination, individuals tend to oppose change and may discover it somewhat hard to process the reality. Regardless of every single such misguided judgment, it should be stood up to head-on. It is basic for business pioneers and chiefs to show and clarify as how another ERP arrangement can make lives simpler. 

The way to getting ideal incentive from your ERP venture is to get the system up and running under the control of your kin, who will then continue to utilizing the information and data created to settle on sound and basic business choices. At StrategicERP, we submit to the accompanying traps to guarantee a smooth and consistent ERP appropriation. 

Employee accordance

To harvest the most from your ERP system, you should get your kin to embrace the techniques characterized in the arrangement. In the event that workers in various divisions utilizing the ERP system can't help contradicting the techniques plot in the arrangement contrasted with the present or existing system they have utilized, they will in all probability oppose utilizing the new system or might request modifying the arrangement. This is the place ERP arrangements tend to fall back. 

Engagement 

Regularly, the top administration takes off new projects and arrangements without including organization's workers. Ideal ERP selection is conceivable just if every one of the clients and partners are occupied with the procedure appropriate from the begin. Getting hands-on involvement with the software at early stages can help control fears among representatives, who hint at conceivable resistance. 

Prompt deployment

ERP organizations can bomb pitiably because of time deferrals amongst declaration and preparing on the system. This is basic for updates and upkeep of the system too. Organizations should streamline their arrangement and advancement procedures to make them steady and unsurprising. 

Maximising the users

Information in an ERP arrangement ought to never be bound to a set number of individuals. The bright estimation of ERP arrangements and the information it produces can be utilized just if the system is broadly utilized over the association. With the development in the quantity of remote workers, conveying an ERP arrangement that is perfect with cell phones is a shelter. 

Full coordination 

Your ERP software should associate and incorporate with numerous endeavor applications, for example, CRM, HR software, and so on. A coordinated ERP arrangement conveys 360-degree perceivability and experiences into key business operations in this way, sparing critical measure of time and assets.

Request for Demo :

Address :  5th Floor, D S Business Galleria, Near Huma Adlabs, Seside Toyo

House, L.B.S Road, Kanjur Marg (W), Mumbai, 400078 INDIA. 

Phone : +91-22-25770088/25750101.

Email : enquiry@strategicerp.com

Read More

HCM ( Human Capital Management ) - HRMS

StrategicERP

StrategicERP is into the business of developing ERP solutions specifically designed for Real Estate and Infrastructure industry. 

StrategicERP is a web based application built by IITians on proprietary J2FX framework .

It is a single window solution to automate all the business transactions, it ensures optimum resource utilization and business process management to keep in pace with the times.

StrategicERP has 100+ clients across India, some of our esteemed clients consist of : Dosti Group, Rajesh Lifespaces, Dedhia Group, Naman Group , Pawan Group, Ravi Group, Maya Ventures, TVH Group , Kundan Spaces, Nilamber Group, Vedant Group and  many more.

It is our pride to announce that StrategicERP  has come up with new version of ERP known as “HCM-HRMS” that manages all your Human Capital Management needs.  

HCM-HRMS is a cost effective and flexible web based Human Capital Management  solution.

It  is a best fit for companies implementing HCM-HRMS solutions for the first time with limited no. of users.

A human Capital management (HCM) is a software application that combines many human resources functions, including benefits administration, payroll, recruiting and training, and performance analysis and review into one package.

StrategicERP has designed a unique software that manages all your HCM needs like ERP admin ( Finance set up, statutory set up, tally integration etc), Finance Management (Master, tally, transactions, MIS Reports etc.), HR and Payroll ( leave management, payroll processong, separation etc).

Key Features :

• In HR features like Job Vacancy, hiring, appointment and induction training are available.
• In Payroll attendance, salary calculation, salary slip and tally integration are keys areas.
• Taxes module have PT, PF, ESIC, TDS etc.
• ESSP module deals with leave application, advance, allowance, IT declaration etc.
• Profile deals with personal details like Aadhar card, Pan Card, Bank details etc.
• Reports deal with Form 16, Salary Certificate, Relieving letter, ESS Report etc.

HCM-HRMS is Compatible with OS: Windows, Linux, Mac and  has no browser/device dependability .

Request for Demo :

Address: 5th floor, D S Business Galleria, Near Huma Adlabs, Beside Toyo House, L.B.S. Road, Kanjur Marg (W), Mumbai, 400078 INDIA.
Phone: +91-22-25770088. 
Email: enquiry@strategicerp.com.

Read More