White Papers

4 ProjectSight White Paper Connecting Construction Operations with ERP How integrated project management solutions bridge the gap Six capabilities to look for in an integrated project management solution 1. Configurability Even though you may have similar processes, your company is different from the one across town. You have unique needs, and your project management solution must be adaptable to those needs. It's also likely that you'll have different requirements from project to project. Configurability allows your teams to fine-tune a solution to meet the specific needs of your business and your projects without involving IT or going to the vendor for customizations. The best project management solutions let you easily integrate with other systems such as an ERP system or other point solutions. With these integrations, all users gain the insight and flexibility they need to make the right decisions, and to do it quickly. The "out- of-the-box" myth Be wary of solutions positioned as "out-of- the-box." In reality, every construction company is unique. With out-of-the-box solutions, you're likely to have very limited or even no flexibility in adapting to your business processes, workflows and rules. By choosing a highly configurable solution with preconfigured best-practices, you'll gain the advantages of both an out-of-the-box solution and a custom solution. Solution providers are making a big leap in the use of technology to overcome the inefficiencies that are inherent in the construction industry, including the disconnect between operations and accounting. And that's especially good news because operations and accounting are the most active areas of project management in construction. To remain competitive, contractors have been moving away from outdated paper-based and manual processes toward digital processes that drive efficiencies. For many contractors, the next step toward modernization is connecting operational project management and financial information. When these systems are connected, any team member can enter data once and know that it will be populated wherever it is needed in both the project management and ERP systems. With fully-integrated and real-time data, your teams can make better, more informed decisions — faster and more cost-effectively. Whether you purchase an out-of-the-box solution or work with a solution provider to customize the software for your specific needs, there are several capabilities you should look for. These are absolute requirements for getting the greatest benefit from a project management solution that integrates operational data with accounting data.

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