Contracting & Construction

An ERP for the construction sector is a way to keep track of ongoing costs that aren't shown on the daily balance sheet, such as subcontractors, building supplies, human resources, plant and assets, and other resources. Construction ERP ultimately gives you the precision, control, and visibility to know whether the project will turn a profit or a loss.
Vertics ERP is a fully, integrated enterprise resource planning system designed specifically for the needs of construction and contracting businesses. General contractor and subcontractor management, financial management, procurement management, HR & Payroll, construction accounting, store & inventory management, and service operations are all managed in one central database using Vertics ERP construction module.

Tendering and BOQ Management

Vertics Tendering and BOQ Management make life easier for the Project department. The most important factor in the Tendering phase is the provision to update/add BOQ items. Provision to Import BOQ data from Spreadsheet. Using BOQ’s from Existing project or manually capturing the BOQ information can be done easily.

Job Costing and Estimation

Vertics enables you to estimate costs of manpower, material, machinery and resources down to the cost-center level. It also assists in planning projects and ‘freezing’ resources to ensure availability of assets at the time of need. Vertics ERP allows to compute the project estimate from BOQ very easily. BOQ items pricing are based on cost of material, equipment, labour and overheads.

Project Budgeting

  • Income, expenses and savings can be easily managed through VERTICS ERP, which forms the backbone of any project.
  • This module helps in computing the material and other direct costs to the project.
  • It takes the base fare from master into account (base fares are updated from the last completed project).

Subcontract Management

Sub-Contractor works with the main contractor to supply or fix any materials or goods or execute work forming part of the main contract. Essentially this contractor is employed by the main contractor. Right from Issuing RFQ to Subcontractor against the Work Order (Customer BOQ) up to the Subcontractor Invoice and Invoice Certification can be all managed from this module. Keeping a Track on Subcontractor work progress is just a click away.

Progressive Invoice and Certification

The Running Account Bill, as the name suggests it runs on a pro-rata basis and is a cumulative Bill. When it comes to Running Account Bill, there are two methodologies like % Completion on Tender (wherein the % of BOQ to be claimed need to be mentioned against each BOQ) and Total % on BOQ (Total % on BOQ means, the invoice would be percentage on the GROSS amount). Vertics ERP Makes Progressive Invoice looks very easy.

Inventory and Material Management

Vertics ERP provides ready platform for the users to manage the procurement and RFQ process in an easy and much efficient manner. The RFQ in Vertics ERP can be generated against the Purchase Requisition from the SITE In charge or Store Keeper. Purchases in Vertics ERP is managed Project wise. All purchases in Vertics ERP is validated against the Budget code. This enables complete control of procurement of material for a project.

Procurement Management

Stores or warehouses are very important for project based industries as these are the places where all the materials and required tools are stored. Material transfer, inward and outward flow of material takes place every day and thus there is a requirement to track all this flow of material in order to avoid any material loss. Vertics ERP allows you to manage the Inventories of the Central Warehouse and also all inventories at the site.

  • Site to Site Stock Transfer
  • Single Project Multiple Warehousing
  • Supply Demand Analysis
  • Inventory Ageing
  • Tool Tracking
  • Returnable Material Tracking
  • Stock Statement (FIFO, LPR, Weighted Average)

Project Accounting

It’s important to know whether a project is on budget, if the project is profitable and it also gives your insight what progressive invoice is booked and bill-to-to. Vertics ERP automates the Project Accounting function. Project accounting Module enables you to tracks all of the financial details of a project such as Project budgets, Project estimates, Project Costing, Progressive Invoice, Procurement and everything in between. Project Accounting is an important function of Vertics ERP


Accounts and Finance Management

Financial Accounting Module is a powerful financial management solution that enables you to manage your entire business profitably. The solution supports multiple currencies as well as complex multi-location business structures so you can better manage your global operations. Financials helps you record, consolidate, and analyze your finances and provides complete visibility into enterprise-wide transactions.