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Connecting Construction Operations with ERP

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Issue link: https://library.trimble.com/i/1351447

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2 ProjectSight White Paper Connecting Construction Operations with ERP Contents Introduction How most project management solutions fall short How integrated project management solutions bridge the gap Six capabilities to look for in an integrated project management solution The future of construction is connected 2 Introduction Project management software has been transformational for the construction industry. Digital innovations have improved collaboration and communication between stakeholders, helping teams allocate resources efficiently to complete projects on time and on budget. Solution providers continue to look for better ways to replace manual processes with automated ones to help teams become more efficient and save money across the construction ecosystem. These innovations are driving a competitive market for project management solutions that are specific to digital transformation across the construction industry. The key driver of this transformation is connectivity. Connected data, connected teams and connected workflows are further evolving the industry. The next revolution in construction project management will take this connectivity one step further and integrate project management software with enterprise resource planning (ERP). This integration gives construction teams a 360-degree view of their portfolio and up-to-the- minute financial data for informed decision-making. Is your project management solution as connected as it should be? Without integration between systems, duplicate data entry is required to update each system and the data needs to be merged manually for many processes. If your operations and ERP solutions aren't talking to each other, you're doing yourself a considerable disservice. You're letting ongoing and unnecessary inefficiency interfere with achieving your end goal — completing projects on time and on budget. 3 4 4 6 90% of global projects are either over budget or delayed, according to global construction industry statistics. 1

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