Elevate Contractor/Subcontractor management with seamless SAP S/4HANA integration
Our cloud based Running Accounts management SAP S/4HANA add-on helps Engineering, Construction and Operations companies manage contractor & subcontractor Work Orders, Measurement Books, Running Accounts, Payments and Project Compliance efficiently and seamlessly. We help automate and get you organized so you can focus on what really matters — getting the job done!
Overview
Track your operational tasks outsourced to contractors with maximum digitisation
Eliminate all manual work that goes into managing & tracking contractor work orders, measurement books, running account invoices, payments to sub-contractors and complying with laws and regulations . Save time by digitising all data entry, manage working capital effectively, ensure proper compliance to TDS and GST laws, and drive strong relations with your sub-contractor ecosystem.
Eliminate Errors with respect to settlement of Retention, TDS, GST amounts
Manage your working capital effectively by paying only for work done through Part Rate payment and . Save time, minimise duplication and eliminate errors through proper compliance and settlement of Retention, TDS, GST amounts
Mitigate the impact of rate fluctuations by dynamically adjusting material rates
Since construction projects span multiple years, critical materials (e.g. Iron, Cement, Steel) are agreed upon at a fixed prices. Our platforms will allow you to automatically adjust the excess or shortage quantity based on the prevailing market rate without any variation order, ensuring fair and consistent compensation for contractors.
Details
Solution type
Extensions and Add-ons
Industry
Engineering, Construction, and Operations
