Optimizing decision-making process for construction companies

Date: 23-08-2022
Author: Alina Răfoi

Optimizarea proceselor de decizii constructii blog"Knowledge is power. Information is power. Keeping knowledge or information secret can be an act of tyranny disguised as humility.” - Robin Morgan

Decision processes refer to how a choice is made between several courses of action. Any decision, at any level, is the result of how the participants in the decision-making process understand reality, how they interpret the information brought to their attention in various ways and how they filter it.

Yes, information is power, but only if it is structured

How do we make the best decisions in a world where we are bombarded with information every day? Making a good decision can be quite difficult even on a personal level, but in business things get even more complicated. In business, the decision-making process must be based on information, but on structured information.

Construction companies are characterized by complex processes and activities that must be tracked, by managing several construction sites simultaneously, by tracking projects and their profitability. All of this means a lot of information that needs to be tracked and analyzed in real time.

SocrateERP is the integrated system, through which everyone involved in the running of a construction company's activity has access to the same set of information. The ERP solution from BITSoftware offers dedicated functionalities for companies active in the field of construction and helps in the efficient management of all processes in the company: purchases, management of contracts, costs, consumption, employees, equipment and machinery, maximizing profit through an efficient execution of each project and by being able to manage more projects with fewer resources, by integrating and automating key processes.

One of the most important benefits that SocrateERP brings is the improvement of decision-making processes, precisely thanks to access to accurate and centralized information. Real-time reporting is critical to the success of builders. SocrateERP allows you to easily track real-time reports on consumption, resource utilization, giving you the opportunity to make much better resource planning and calculate the profitability of construction projects. SocrateERP's reporting capability allows you to be better informed and make decisions much faster.

With SocrateERP, you buy time. Time for analysis, time for improvement, time for prompt reactions to market changes and beneficiary requirements. Access to information is very fast, which means improved productivity, efficiency and ultimately a profitable company.

Seven years after its establishment, C.C.C. Kronstadt had reached the point where its accelerated development was no longer supported by the software it was using. The very large volume of data that had to be processed, the very long response times of the old IT solutions led to a short-circuit of the information flow necessary for the company's management to make business decisions.

The choice of the SocrateERP solution was based on two essential things. First, that it is a very flexible solution, offering a freedom of configuration on the reporting side, adapted to the requirements of each user. And the second, that it is in cloud, allowing to work in the system from any construction site, an extremely important element for companies that are working also from other sites.

 

See how SocrateERP fits your business model and how it can help you optimize your decision-making process: https://www.bitsoftware.eu/en/erp-software-construction/

 

Request a presentation for our Construction software solutions

 

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