SAP for Engineering, Construction & Operations (SAP for EC&O) is a comprehensive suite of solutions designed to manage the core business processes within construction companies. The complex nature of the construction industry, along with the diversity of typical business processes, makes project management implementation challenging. SAP’s solution set is an integrated system for shared planning, accounting management, and cost management, tailored for construction enterprises. With SAP for EC&O, you can estimate project costs, optimize financial planning and forecasting, streamline the financial supply chain, and improve fiscal management and reporting.
For detailed information on SAP ERP solutions for construction companies, please refer to the brochure.
With SAP solutions, you can manage the entire life cycle of buildings and plants, including:
- General (simplified) construction project planning
- Detailed construction project planning
- Building
- Site materials management
- Subcontractor management
- Performance measurement over time
- Construction project and company budgeting
- Financial management
- Equipment and tools management (ETM)
Services Provided During ERP Solution Implementation for Construction:
- Investment and construction company management assessment
- Business process optimization recommendations
- Development and mapping of business processes
SAP Solutions Implementation Includes:
- FI (Financial Accounting): Financial and managerial reporting in compliance with accounting standards, fixed asset management, accounts receivable/payable, and financial reporting.
- CO (Management Accounting): Investment management, revenue and cost planning.
- MM (Materials Management): Materials and services supply, materials demand planning, long-term contract management, material returns, logistics invoice verification, stock movement planning, and materials write-offs.
- SD (Sales and Distribution): Tracking construction phase completion, volumes, timeframes, customer and subcontractor payments, invoicing, materials and services reference management, mandatory reporting, and construction project analytic reporting.
- PS (Project Systems): Project structure creation, network planning, scheduling, resource planning, stock card generation, and template-based project planning.
- BCS (Budget Control System): High-level planning, managing historical data using specific prices for construction elements, and preliminary project budget generation.
- FM (Funds Management): Project budgeting, cash flow management, budget execution, financing schedule monitoring, plan-to-fact analysis, and analytic reporting.
- TR (Treasury): Long-term cash flow budget formation, operative cash budget planning, cash flow forecasting, billing, and supplier payment management.
- BW (Business Warehouse): Flexible budget analytic reporting and consolidated management statements.
SAP ERP Implementation Projects in Construction: SAP ERP implementation in construction companies typically takes 7-8 months for a fixed price and scope. The project scope includes a full set of documentation, user manuals, employee training, and support during the 2-month productive start phase.