Construction companies choose NetSuite for construction projects to manage resources and project documentation across multiple job sites. Project managers and site supervisors can access NetSuite software from any mobile device, which reduces project delays and improves on-site decision-making.
Folio3’s expertise to deploy NetSuite for construction companies will help you scale without bottlenecks. Here are some of the benefits you’ll get with our NetSuite implementation:
Being a certified NetSuite Alliance Partner, Folio3 helps construction companies implement NetSuite ERP solutions built around their project-based workflows, contract billing, and regulatory requirements. Whether you’re a growing contractor or a large construction firm, our scalable NetSuite implementations will help your business build and grow.
Here’s how our NetSuite implementation manages your construction-specific workflows:
Automate project accounting, revenue recognition, WIP tracking, and contract billing with NetSuite AIA billing for construction.
Track labor costs, material expenses, and overhead calculations with precision through NetSuite construction industry scheme for projects.
Access live data updates and manage workers across multiple construction locations to strengthen field-to-office collaboration.
Handle project workflows, team onboarding, resource allocation, and expense authorizations with NetSuite project management for construction.
Stay aligned with ASC 606/IFRS 15, tax laws, and subcontractor licensing through NetSuite.
Use Gantt charts and scheduling tools to gain control over projects across multiple construction sites.
With NetSuite project management for construction, 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 using NetSuite for construction.
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 with NetSuite AIA billing for construction, 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 through NetSuite project procurement for construction, and opportunities for cost savings can be identified. NetSuite’s robust reporting capabilities ensure compliance with industry regulations.
Centralize procurement processes, refine inventory, and manage logistics with NetSuite. With features like vendor collaboration and analytics, data-driven decision-making becomes easier, and it fosters stronger relationships with suppliers. Moreover, through NetSuite project procurement for construction, you get better control over your business 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 using NetSuite construction industry scheme for projects.
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.
NetSuite offers custom project dashboards, milestone billing, automated alerts, and Gantt charts. This consolidated structure keeps your team on top of the ongoing and upcoming projects.
If you want to know how NetSuite works for construction companies, you can see our blog.
Absolutely. Whether you’re in residential, commercial, civil, or industrial construction, Folio3 can customize NetSuite to your exact needs, from how you track change orders and subcontracts to how you manage bids, estimates, or WIP reports.
Get a full breakdown of custom NetSuite development in our guide.
Folio3 can integrate NetSuite with popular tools like:
With Folio3’s NetSuite implementation, construction firms get access to:
If you’re new to ERP systems, our NetSuite implementation guide covers the entire process.
Some of the major benefits our construction clients see include:
Pricing depends on your selected edition, number of users, and the modules you need (like job costing, project management, etc.). Implementation and customization are scoped separately.
Before you worry about the implementation budget, check out our NetSuite implementation cost breakdown.
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