The highly competitive nature of the construction industry is driving a high-volume, low-margin business model that makes operating at a profit a significant challenge. Margins are tight, putting the focus firmly on finding IT solutions that can support rigorous risk management. We understand that your choice of technology must ensure that you can enhance efficiency, increase information quality and make intelligent business decisions to increase profitability.
Legacy systems chosen for their core strength in finance and accounting are failing to cope when it comes to extracting information and integrating with other vital systems. Construction companies have stuck with these systems for years but are now exploring other more advanced possibilities beyond the core capabilities their legacy systems provide.
To operate profitably, construction companies are beginning to turn to the cloud to achieve a clear, complete picture of their activity and to prepare their businesses for digital transformation.
Our solution is specifically designed to support your cost value recognition calculations. At any point in a build you’ll be able to assess costs you’re committed to against progress to date to monitor profitability. All the data you need is summarised on a single screen, making accurate risk assessment a fast and straightforward process.
Our innovative integration of the market-leading Payapps smart technology solution allows main contractors and subcontractors to quickly and easily collaborate on the preparation, submission, assessment, valuation and certification of applications for payment. This transforms the old, heavily-manual system, unlocking time savings and process efficiencies. Errors are reduced, plus compliance, auditability and transparency are all increased.
Recognising the complexity of labour costs in construction, we’ve configured our solution to make managing the intricacies of NI contributions through the Construction Industry Scheme simple. Our solution also makes handling fleet and plant management straightforward, even if you’re looking to split hire costs over multiple projects.
Based on Microsoft technologies, our solution is preconfigured to suit your finance, operations, HR and procurement requirements. We’ll cover off these capabilities with you, focusing on prototyping rather than documenting your requirements, before identifying the areas where you need bespoke elements. By focusing on configuration rather than customisation we keep build costs low and you can get up and running quickly.
Choosing Microsoft for your solution prepares your business for digital transformation, whenever you’re ready to move down that path. The core of your solution comes from Microsoft Dynamics 365 which gives you the capability to move forward beyond your core finance system. We use our status as a Microsoft Partner to keep you up-to-date with Microsoft’s updates and we introduce new features regularly to ensure you benefit from the latest technology.
Using Microsoft Dynamics we’ve defined roles, responsibilities and relationships in our 200 plus projects… we have a better understanding of the work we’re doing and how it involves our supply chain and other key stakeholders.
Anna Gagliano, Project Director, Head of Information Management
Argent
