Oracle Netsuite

Construction

ERP

Designed to address the
unique challenges and
requirements of construction companies to streamline project
operations, anticipating
budget and expense and exploring cost-saving opportunities

Ensuring Timely Project Delivery While Effectively Managing Project Expenses

CloudTech is a prominent and leading provider of construction-focused Enterprise Resource Planning (ERP) solutions in the Philippines. Leveraging the power of Oracle’ NetSuite cloud platform, CloudTech combines robust project management, financial planning, and resource allocation capabilities into one integrated system, enabling construction companies to focus on making data-driven decisions, fostering growth and improving both productivity and profitability

Designed for construction industry players who want their undertakings on land, property and other holdings to grow fast and become sustainable while staying current with industry trends and nurturing relationships with their clients.

It can enhance your presence in the industry and ensure the effectiveness of your projects. It can also efficiently back the needs of your ventures and come up with solutions wherein the benefits and usage are worth what is paid for them.

While NetSuite already has strong standard ERP features to help grow your business efficiency, CloudTech has successfully designed a vertical solution with unique features for the Construction Industry.

Oracle NetSuite Construction ERP Solution

Material Issuance & Receiving

Managing the process of issuing materials to projects and receiving materials into inventory, ensuring accurate tracking of stock levels and project costs.

Project Expense Charging

Allows direct charging of project-related expenses (labor, materials, equipment, etc.) to specific projects for accurate cost tracking and profitability analysis.

Budget vs Committed; Budget vs Actual

Compares planned project budgets against committed costs (purchase orders, contracts) and actual expenses incurred, providing real-time visibility into budget performance.

AR/AP Recoupment & Retention

Handles the management of accounts receivable (AR) and accounts payable (AP), including tracking retentions (amounts withheld until project completion) to ensure proper cash flow and financial control.

Project Profitability

Analyzes project revenues, costs, and expenses to determine the overall profitability of individual projects and the portfolio of projects.

Project Creation and WBS Maintenance

Enables the creation of new projects within the system and the ongoing maintenance of the Work Breakdown Structure (WBS), which defines project tasks and subtasks.

Bill of Quantity (BOQ)

Provides a detailed list of materials, quantities, and costs required for a project, facilitating accurate estimating, procurement, and material management.