Why Study Enterprise Resource Planning for Architectural Industry?

The increased competition and greater risk in Architectural industries has compelled companies of all sizes to work in integrated and collaborative information management platforms such as Enterprise Resource Planning (ERP) systems. ERP systems provides an integrated real time view of essential business processes, using common databases. These systems track business resources such as materials, production capacity, service units, cash and the status of sales orders, purchases, and payroll.

Today, ERP systems not only produce measurable profit benefits, they can also help to reduce risk by bringing together multiple offline systems and unrelated technologies into a unified data rich environment. ERP facilitates information flow between all business functions, and manages connections to stakeholders.A well designed and well implemented ERP system can offer Architectural companies many benefits such as:Workflow Redundancy, Visibility, Real Time Information, Agility, Cash Flow,Compliance,Business Intelligence. Properly implemented and managed ERP system can improve a company’s competitive position tremendously by driving business efficiency and not leaving decisions to be made without the support of time sensitive and accurate information.
Many ERP technologies are cloud-based and work from a remote server. Critical factors for ERP technologies in a cloud are security and privacy. ERP in the cloud provides the convenience of computing capacity on demand over the Internet. It also has the same flexibility and security of an on-premise deployment of ERP.

An ERP system provides the solid operational backbone Architectural companies, need to improve the volume of their business while reducing costs. By optimizing systems and processes companies will be able to focus on new business opportunities.ERP systems of today are cheaper with reduced customizations .The benefits of real-time accurate project information and executive dashboards are proving to be a critical project management tool that yields positive cost/benefit evaluations. The Architectural industries are transforming away from their disparate legacy systems and realizing the role technology can play in increasing profitability while reducing risk.The biggest advantage of an ERP system is to see what is going on as it happens with highly accurate information and significantly reduced data entry.