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BuildSupply

Frequently Asked Questions

Q :What is Buildsupply?


An end to end workflow management system for the real estate and construction industry that uses a comprehensive database of line items to plan and execute an efficient project cycle. It is India’s most advanced real estate ERP solution.

Q :Why should I sign up with BuildSupply?


Build Supply will help you in a planned execution of projects by introducing standardization and transparency in your entire process. It will not only help you save cost but also bring standardization to your current process. Other benefits that you will enjoy are real time custom reports, operational efficiency and universal access eliminating potential delays.

Q :Can I get a demo of the product?


BuildSupply helps you manage your end to end project delivery cycle which includes but is not limited to the following modules-:
1. Smart BOQs - Create detailed smart BOQs on the platform in a very short amount of time using line items from the database or creating your own. A smart BOQ on our platform lets you do a lot more than a traditional one
2. Procurement Packages - Create work packages for procurement from multiple BOQs and assign the sourcing strategy to each of them
3. Online Bidding/Tendering - BuildSupply Cost Manager has a completely secure online bid management system which allows to create online tender, invite external agencies to bid on them, negotiate and finalize the prices and awarding them. Create unlimited number of auctions and use the closed reverse auctioning tool to speed up procurement process
4. Invoicing/Billing - Entire billing process from indents to purchase orders to invoices and final payments has been captured in a detailed Billing application
5. Project Cost Estimates - Create accurate cost estimates at each stage of your project using detailed Cost and Resource Plans which evolve with time and give you a better understanding of your project expenses
6. Rate Analysis - Each of the 13 million line items in the database has an associated Rate analysis which is essentially a breakdown of the unit rate of an item into its constituent cost components
7. Material Consolidation - The system automatically generates a consolidated list of materials using multiple BOQs for each estimate, enabling you to plan your procurement more efficiently
8. Bid Comparative Reports - Negotiate effectively with your suppliers and contractors by gaining insights using the Bid Comparative reports. The reports help you gain deeper understanding by providing a detailed comparison of multiple bids on line-item level
9. Change Management - Manage all your change notes online using BuildSupply Cost Manager. Our advanced user management system ensures that only the intended people with the relevant permission can make changes to the approved BOQs and packages
10. Standardised Database - At the heart of the system, lies a comprehensive database of more than 13 million line item descriptions along with their associated rate analysis and detailed technical specifications
11. User Management - BuildSupply offers you complete control over the access of your data with custom roles and permissions by ensuring that only the intended audience gets to access relevant data. The system admin can selectively change permissions of each user on the platform at any time
12. Daily Activity Log - The platform maintains a complete audit trail of all the activities performed by each of the users in the detailed Activity Log
13. Custom Dashboards - Use custom dashboards to view all your projects and other information you need to take necessary actions
14. Management workflows - Manage workflows and standardize processes with the help of our detailed review system, significantly boosting project efficiency
15. Smart Alerts and Notifications - The system notifies you of any pending activities and upcoming events via notification centre on the system and send reminders via email and SMS
16. Detailed Real-time Reports - Real-time reporting capabilities of the platform allows you to keep track and monitor your projects effectively. The various reports on the platform allow you to get a quick snapshot of the status of your projects and detailed comparison between various estimates and packages
17. Cost Management - The platform allows you to gain complete control on the management of your projects by giving you a better understanding of your project costs
18. Global Plan - The global plan functionality on the platform allows you to manage multiple projects simultaneously and track their progress in real-time. You can also plan the procurement for multiple projects simultaneously using the BuildSupply platform
19. Material Procurement Planning - Create detailed plans for material procurement to improve planning and scheduling and ensure that sufficient resources are available at the right time
20. Capital Budgeting and Scheduling - The system allows you to keep an eye on the project expenditures and increase profits by monitoring costs, material procurement and time schedules for the projects
21. On-going Project Support - You can also avail dedicated professional help in managing the system throughout the lifecycle of the project using the on-going project add-on at nominal cost
22. Data Analytics - Using system-generated meaningful insights helps you make faster decisions and improve cost savings
23. Reduce Information Gaps - BuildSupply Cost Manager ensures that uniform data is accessed by all the users irrespective of whether they are on the field or in the office effectively reducing any information gaps and ensuring complete transparency
24. Complete Support - We provide on-site training and 24/7 email support to users so help reduce their learning curve to ensure that there are minimum implementation delays
25. Vendor Management - Pre-Qualify vendors (contractor, suppliers and service providers) easily and track their performance efficiently in a project or across projects

Q :What are the key benefits of a ERP system for the REAL ESTATE AND construction industry?


1. Data Assimilation
In construction project management, there are a number of forces simultaneously at play, which are required to be utilised in various work streams from time to time. The ERP software combines various processes into a single system. It provides dynamic analysis of operational and financial data, giving more accurate and precisely calculated information in real-time. By using this data effectively, companies can track simultaneous operations and report and manage deficiencies across all departments.
2. Planning and Analysis
We have seen that lack of proper planning often leads to unseemly completion of projects and the failure of many well-known organisations. Enterprises also incur heavy losses in the form of labour costs and loss of clientele due to untimely completion of targets. With accurate analysis of raw materials required, effective utilisation of manpower, construction design and contract management, one can channelize resources properly and facilitate successful completion of projects.
3. Compatibility and Sharing
Using different software solutions for multiple operations leads to an inefficient exchange of information among departments. An ERP for construction industry helps in managing and compiling data for multiple projects thus, allowing smooth exchange of information within different departments of the organisation and effective construction resource planning.
4. Increased System Efficiency
A centralised system helps increase efficiency by providing an overall view of the scenario prior to making decisions. Whenever employees are required to correlate information from different sources, an ERP solution assists in extracting data and providing relevant criteria that need compliance prior to closing a query. Without having an efficient ERP solution in place, the interdepartmental transfer and correlation of these reports, combined with back and forth changes as well as real-time monitoring of the entire process would be nearly impossible.
5. Construction Time and Cost Estimation
An ERP can be used to determine an accurate estimation, so that the actual cost does not deviate much from the projected cost of the undertaking. As construction projects take a couple of years to complete, the ERP software helps in construction cost management by giving accurate estimation, keeping in mind the future liabilities.
6. Effective Communication
For better management of operations, it is necessary for effective communication channels to exist between employees. An ERP is equipped with in-built chat forums and video communication capabilities to provide the perfect platform for executives to communicate internally, irrespective of the location of where the work is being carried out.

Q :Do I need to purchase licenses for all my users?


BuildSupply is a project based subscription model, you can have as many number of users as you wish to have within a project at no additional costs.

Q :How many projects can i start implementing at one time?


The system is flexible, and efficient & it allows you to implement any number of projects you want at one time.

Q :How are third party systems integrated?


The BuildSupply application is flexible to integrate with any third-party software.

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