Over the years, I have discussed ERP software buyer’s budgets many times. But it’s always a timely and interesting subject because buyers often get tripped up by what they think what their new software will cost and what it ultimately will.
CTS Construction Blog
In the world of software selection and implementation, disappointment and failure are all too common. This article discusses how a mechanical contractor picked a good product only to see it ultimately used at a fraction of its potential.
The essential technology core for contractors has expanded greatly over the past 6-8 years to well beyond simple estimating and job accounting. In 2014, it encompasses every facet of the business from preconstruction to estimating to real-time data capture, audit requirements for government and financial reporting, executive dashboards and more.
Software products for the construction industry are subject to significant changes in ownership. It is important for buyers to have an understanding of the history of the product they are purchasing to see if it might be a candidate for acquisition and, if so, how that might affect their long term success with it.
ERP is a term that has existed since the early 1990s, superseding the concept of MRP.
Both ERP (Enterprise Resource Planning) and its predecessor MRP (Material Requirements Planning) are associated with manufacturing. It is not typically associated with the construction industry.
Sheldon Needle President of CTSGuides.com
CTSGUIDES.COM, offering reviews, ratings, tools, and expert advice to help companies select software. Sheldon is a former CFO, consultant and software designer who has published more than 20 guides on software selection.
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