Changing Landscape in Contractor Financial Systems (ERP)

Future of ERP

There are two aspects of ERP that make that solution among the stickiest in the industry (meaning least likely to be changed out); cost and disruption. Said another way, both relate to the difficulty in implementing the types of systems. In my 30 years within the industry, I have yet to hear a controller or CFO express delight in the prospect of another ERP deployment. Even so, a significant number of people evaluate the ERP marketplace each year with a view to better automating their accounting and operational functions. This seemingly benign process can bring its own cost, frustration, and risks. Certainly, making the wrong decision can be costly in terms of investment and personnel time to not meet the organization’s expectations. This topic could easily fill two or three newsletters. However, for those considering their options, the focus here is only on the most significant developments that are in the ERP space for contractors.

In no particular order, these developments include a lack of support for manufacturing/fabrication functions, sufficient project management functionality, an open architecture for integrating with other applications and publishing tools that provide a higher level of capability than typical report writing.

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Trending Acquisitions

The pace of acquisitions in the Contech space has reached fever pitch. This is coming from both large publicly-traded companies acquitting mature solutions (think AutoDesk, Trimble, Oracle and Roper) to…

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Role of Business Analyst

Burger Consulting Group has been recommending the addition of a Business Analyst to many client organizations for the last five years or so. The clients who have added this role…

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IT Trends in Construction

Contractors often invest available capital in heavy equipment, new personnel, office expansion, etc., while often viewing IT as an “expense” that needs to be managed. Meanwhile, customers are demanding more…

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