How construction companies should approach enterprise system selection

When it comes to selecting an enterprise system for your construction company, the right approach is crucial.

There are some key considerations to this decision-making process:

• Unique business process needs
• Available deployment options
• Industry-specific solutions
• Systems selection approach and landscape

However, businesses in every industry have specific challenges when they’re making a selection. Below you can explore each consideration in scenarios that apply to construction companies.

You can also read a more detailed analysis of the selection process in our article 5 Key Considerations for Enterprise System Selection.

Process needs

For construction companies, certain business processes are especially important:

• Estimate and bid management
• Construction accounting, including job costing
• Customer relationship management (CRM)
• Human resources (HR)
• Billing and payroll management month-end close
• Budgetary and variance analysis

By taking a holistic view of your process needs, you’ll be able to better determine if you want to build a single, integrated system or a system with separate applications.

ERP tiers

Determining an ERP tier for your company is an important, complex decision based off many different variables.

A brief outline is provided below:

• Tier one systems are built to handle complex business processes for larger construction companies with revenues over $500 million.