Dynamics 365 Real Estate and Construction
Dynamics 365 Real Estate and Construction is an industry solution developed for Construction or Project based companies. The solution is a vertical add-on solution. The solution was developed after extensive research and with industry collaboration.
Construction & Specialty Contractors Need Lean
As a project-based industry, all Construction & Specialty Contractors suffer from massive amounts of waste due to inefficiencies that arise from siloed operations, systems and data. Disconnected processes and poor visibility into project performance results in inflated costs with unnecessarily large buffers and slack to account for these inherent inefficiencies.
To succeed, construction & specialty contractors firms must stay ahead of increasing competition and keep up with ever-changing regulatory requirements. That means you must implement a construction project management solution that keeps pace with these challenges.
With a lean solution for construction, you can effectively manage and control your client engagements and all the related processes as well as have the necessary real-time insights into the performance of your businesses. This means you can operate more efficiently, make timely and informed business decisions, reduce risks and become more profitable.
By adopting Dynamics 365 for real estate and construction solution, you can address:
Bid Management: Bid and Estimate Accurately
Solution enables data-driven bidding and in Quick time. Solution provides a holistic access to Project templates, Material costs,Labour costs, Equipment costs, Subcontract costs for accurate project estimations and biddin
WIP Tracking: Monitor & Measure WIP in Realtime
Solution helps in tracking Work in Progress for projects. With complete automation of site operations, procurements and subcontracting, you can track & measure WIP realtime.
Project Management: Track and Execute Projects Efficiently
Solution provides complete view of project status in real-time and helps you deliver projects efficiently. With Features to record project activities and integration with MS Projects.
Dynamics 365 Real Estate and Construction addresses the needs of Builders, Infrastructure contractors, Interior decorators, MEP contractors, EPC contractors and Project engineering services organisations. Some of its features are:
- Bid more accurately and with speed
- Schedule projects efficiently with bi-directional integration with MS Projects
- Keep costs down with End to end Procurement Management
- Manage outsourcing and subcontracting with greater control
- Stay upto date with complete automation of site operations
- Integrate Project Accounting, Project Billing and Financial Accounting
- Ensure Quality Control during Procurement & Project Execution
- Manage Customers during sale, project execution and post delivery
- Automate Payroll process for Employees
- Get Industry specific Analysis tools and reports including S Curve Analysis
- Financial management is the core of Microsoft Dynamics 365 Real Estate and Construction . Full integration in the other areas of the application allows the collection and analysis of financial data in real time.
- With extensive country- and region-specific features, the solution fulfils the local financial requirements for 36 countries.
- With Dynamics 365 for Real Estate and Construction solution you can easily generate the following reports
- Project Profitability Report
- Project Budgets and Variations
- Cost allocation and rules by various cost categories like Labor Cost, Material cost, Camp cost etc.
- Cost Allocation to projects by percentage / fixed amount
- Overhead allocation process
- Customer Retention & Advance payment management in line with the Contracting industry
- Sub-Contractor Retention & Advance payment management in line with Contracting Agency
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