NetSuite for Construction: Advanced Project & Property Management
As you build for your clients, make sure you’re building for your company’s future with a streamlined, easy-to-use software system.
Why NetSuite for Construction?
NetSuite is an excellent choice for construction companies trying to optimize their technological systems and realize their business’s full potential. Using fewer software tools to manage your business can save money, time, and resources. Consolidating your company's processes into a single, integrated platform provides a competitive advantage over others who continue to rely on outdated technology.
The ability to provide real-time visibility into all elements of the business is one of the main advantages of using NetSuite in the construction industry. It enables construction firms to make well-informed decisions and respond rapidly to changing market conditions.
The synchronized approach of NetSuite’s cloud-based ERP platform enables smooth, scalable integration across all aspects of your business while lowering the cost of your IT infrastructure. Employing NetSuite throughout the company's business helps build credibility and confidence with clients, vendors, and partners. NetSuite delivers peace of mind and dependability, allowing construction companies to focus on what they do best: build and expand.
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NetSuiteConstructionFeatures
Dashboards for Real-Time Project Management
With real-time project management dashboards, you can improve operational oversight and keep more exact control over project accounting. Get a thorough grasp of project expenses as well as reliable profitability information. Increase productivity and efficiency by implementing these effective tools.
Management of AIA Invoicing and Schedule of Values
NetSuite can help you streamline your AIA invoicing and Schedule of Values. This makes it simple to submit, manage, and control your invoicing and value schedule. You can choose the best technique for your organization by using numerous invoicing choices such as percentage of completion, milestone billing, or setting quantity on line items. The ERP software also allows for simple payment and continuation printing directly from invoices or projects, and it even allows you to export invoices in Excel format for more versatility and customization.
Centralization of Change Order Management
With a centralized change order management system, you can keep track of project milestones, revenue, and resources. You can handle change orders within NetSuite by email and status, with options for rejection, request for revision, or approval. They can also be processed through a streamlined DocuSign routing system, and at the project and sales order levels. This sophisticated change order management system will keep your projects running smoothly, all in one place.
Simplifying Revenue Recognition
With the correct tools, you can simplify the difficult process of revenue recognition. Revenue recognition in NetSuite can help you get a better view of your business. Evaluate your revenue streams and understand when they will generate the most profit. NetSuite estimates income automatically based on specific parameters, with options for labor-only or labor and materials projections.
Retainage Tracking and Control
Keep track of and manage your retainage with tools designed to assist you throughout the contract lifecycle. NetSuite’s powerful, easy to use retention tools make sure you get paid correctly for work you've done. You have the ability to handle unbilled receivables, collect retainage at the sales order, invoice, or project level, and calculate the remaining retainage for incomplete claims automatically.
Don't just take our word for it.
Hear it from our customers.
"Your team has been a 95/100.
Absolutely solid with our NetSuite implementation."
Juan Paul Ramirez
Chief Technology
OfficerBoosted Commerce
“Your team has been professional, and flexible. They have really demonstrated their expertise. All departments have given good feedback, particularly (our) supply chain who is a key stakeholder, has been really impressed."
Raj Ramoutar
Supply Chain Director
Olsam Group
“I just wanted to comment as well on how impressed we were with these images. The look/feel of them is way better than what we had. To be honest, we are going to copy this format and update our other listings moving forward. Good job."
Mike Jackness
President & CEO
Terran
"Your team has been a 95/100.
Absolutely solid with our NetSuite implementation."
Chief Technology Officer
Boosted Commerce
Grow your Business with SUEG & NetSuite
HowConstructionCan Benefit from NetSuite
NetSuite provides unique benefits to the construction industry, including the ability to streamline operations, boost productivity, and drive growth. Here we'll look at some of the main benefits that come from implementing NetSuite in the construction industry.
Better Project Management
The project management capabilities of NetSuite enable construction companies to track progress, manage resources, and execute projects on schedule and within budget. Construction companies can make informed judgments and respond promptly to any difficulties that arise with real-time visibility into project progress.
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Financial Transparency in Real Time
NetSuite gives construction firms real-time financial visibility, helping them to make informed decisions and drive growth. The system provides an in-depth analysis of financial performance, including cash flow, revenue, and expenses. This enables construction firms to make data-driven decisions and improve their financial results.
Supply Chain Management Simplified
NetSuite's supply chain management tools make it easier for construction organizations to handle procurement, inventory, and logistics. As a result, construction organizations may better manage their resources and respond to changing market conditions, resulting in cost savings and enhanced operations.
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Effective HR Management
NetSuite's administrative management tools help construction organizations attract and retain top talent by streamlining HR processes. This results in a more productive and engaged staff, which propels corporate success. Construction businesses can easily handle HR procedures like onboarding, payroll, and benefits with NetSuite.
Seamless Integration
The synchronized approach with NetSuite enables smooth integration across all departments, including finance, human resources, and project management. The construction industry can greatly benefit from having access to a single, reliable source of information from which all decisions can be made.
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NetSuite Implementation Process
Project Planning and Discovery
We’ll work with your team to identify the current state of your data, the ideal state for going live on NetSuite, and how we’ll get from A to Z. This phase of the NetSuite implementation will involve discovery, scoping, and solutions architecture.
System Design
Based on the agreed upon requirements and vision, our team of NetSuite implementation consultants with setup, configure, and optimize NetSuite.
Data Migration
Whether you’re migrating off of spreadsheets, QuickBooks, or any other collection of systems, we’ll take a secure and low-risk approach to migrating your data to NetSuite. We’ll preserve historical data and adhere to strict security standards.
Testing
To ensure a successful go-live, we’ll work with your team to ensure that all key aspects of the NetSuite implementation are set up and working properly including dashboards, workflows, integrations, logic and more.
User Training
Enabling your team is key to adoption to a new system. We’ll make sure staff members know what they need to do and how they need to do it so you can hit the ground running with your new ERP.
Go Live
Ready, set, go-live! We’ll get your business live on NetSuite while ensuring a seamless transition from the old system.
Post Go-Live Support
Post go-live, your team might identify areas for improvement or optimization that were not identified in the project planning phase. Our NetSuite consultants can provide any post-implementation support to get you exactly where you need to be.
Don't just take our word for it.
Hear it from our customers.
"We had a tight window to leverage our product and we needed a team who was able to execute quickly and effectively. You were that team."
Derek Diehl
Director of Ecommerce
Anovus
“I've been super happy with the work.”
Leo Trottier
Founder and CEO
FluentPet
"Your team has been a 95/100.
Absolutely solid with our NetSuite implementation."
Chief Technology Officer
Boosted Commerce
Grow and Scale your Business
with Seller Universe & NetSuite
Effortlessly manage multiple subsidiaries, business units and legal entities with one ERP solution. Get real-time visibility at local, regional and headquarter levels, and standardize business processes across all divisions and subsidiaries. NetSuite ERP is used in more than 200 countries, supports over 27 languages and 190 currencies — and can handle your global business with ease.
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