Put an end to outdated spreadsheets and improve project and resource management with NetSuite ERP.
At Folio3, we have been serving the industry for around 20 years. Our clients are our major referrals because of the quality service we provide. We have 50+ Chartered Certified Accountants and 10+ solution architects who understand the financial and technical challenges of the construction industry. Whether you need to scale quickly or need a custom NetSuite solution, we’ve got you covered.
NetSuite enables construction companies to avoid the complications of managing resources, project documentation, resource allocation, and workflow management. It eliminates the need for hundreds of Excel sheets and budget overruns by automating project priorities, needs, and allocated resources. Project and site managers can access the software from anywhere, reducing the probability of project delays.
As your construction company grows, you may want an all-in-one ERP solution that gives you flexibility and visibility for each project. Oracle NetSuite for construction companies can become the core of the architecture to help you take on bigger projects.
Automate project accounting, revenue, WIP, and contract management.
Estimate labor, materials, and overhead costs accurately.
Get alerts and access to real-time data and manage workers across multiple locations.
Get a 360-degree view of interactions and sales of B2B and B2C customers.
Manage projects, onboarding, allocation, expense authorizations, and more.
Compliance with ASC 606 / IFRS 15 revenue recognition, taxation, and hiring licensed subcontractors.
Construction companies frequently confront disruptions in project management, resource allocation, workflow management, project delays, and budget overruns. Folio3 provides both full NetSuite implementation and integration with CRM, accounting, or any project management system to help construction companies overcome ongoing and upcoming challenges.
With NetSuite Project Management, you can easily create and manage construction project schedules to make sure the projects are completed on time. You can also assign resources to tasks, control project billing, and report on project profitability.
For holistic business financial reporting, construction companies can benefit from NetSuite OneWorld, fixed assets management, and electronic bank payments. The financial management module also offers SuiteBilling, revenue recognition regulations, secure and fast payment, planning and budgeting, and account reconciliation.
Prevent costly stockouts or overstocking with NetSuite inventory management. With purchase order automation and cost variance analysis, procurement processes can be streamlined, and opportunities for cost savings can be identified. NetSuite’s robust reporting capabilities ensure compliance with industry regulations.
Centralize procurement processes, optimize inventory levels, and streamline logistics operations with NetSuite. With its features like vendor collaboration and analytics, enable data-driven decision-making and foster stronger relationships with suppliers and get better control over your construction operations.
The NetSuite Fixed Assets Management module saves time and manual work by providing easy access to all standard and custom depreciation methods. Real-time fixed asset and lease reporting solutions allow your staff to accurately report the valuation, depreciation, expenditure, and amortization of your fixed assets.
SuiteBilling offers flat, tiered, and bulk pricing models to your team, giving you more billing options through customer-specific pricing and discounts. Multiple pricing models, billing procedures, and real-time financial activity visibility will assist you in managing invoices for multiple construction projects for B2B and B2C customers.
With NetSuite Field Service Management, you can improve the field-to-office communication of construction workers and supervisors. This module helps simplify scheduling and dispatch, automate inventory and customer asset management, and increase visibility into real-time data.
If your construction business needs ERP implementation, integration with existing applications, or ERP customization, our NetSuite-certified consultants are here to help you. Your construction business can have a comprehensive, personalized, and industry-specific solution for all its needs and pain points.
We offer post-deployment NetSuite managed services, including module implementations, workflow customizations, and bug fixes. Our specialized team provides personalized NetSuite support for any industry.
Construction companies face many difficulties while working on multiple projects or larger projects. Issues commonly faced by construction companies include resource constraints, challenges in scheduling projects, and insufficient visibility into project progress. NetSuite project management for construction addresses most of these pain points with a comprehensive solution.
NetSuite enables construction firms to develop detailed project plans to the task and timeline levels, track progress, allocate resources according to skill sets and availability, manage project expenses, and facilitate coordination between teams, subcontractors, and clients with a centralized platform.
Connect your NetSuite with any platform of your choice and improve customer experience with an integrated CRM for managing projects, resource allocation, and real-time project progress updates.
NetSuite can help manage project timelines, project and company budgets, and resource allocation to give visibility to construction company projects. With integrated financials and automated workflows, construction companies can meet deadlines easily.
Yes, Folio3 can integrate NetSuite with the existing system of your construction company for a unified platform to access information. We also have pre-built connectors for most asked integrations.
Yes, Folio3 provides ERP customizations that meet the demands of your business. We cover everything from custom workflows, reporting, and modules to handle tasks like cost tracking and subcontractor management, etc.
