SlideShare a Scribd company logo
1 of 9
OMNI –
CONSTRUCTION ERP
Saving Cost / SavingTime
http://www.aspirtek.com
Track Profits
•Monitor Profitability Item by Item
•Load Direct Cost + Overhead
•Set a Benchmark Profit Margin
•Red = Item Profit Margin Below Benchmark
•Green = Item Profit Margin Above Benchmark
http://www.aspirtek.com
Track Progress
•Contractor
Progress Item-by-
Item
•Actual & Estimate-
To-Complete
•Visual Confirmation
ofWork Done and
Work Remaining
•In terms ofValue or
Quantity of
Subcontractor’s
Work Item
http://www.aspirtek.com
Track Progress….
• Activity-wise Progress
• %age completion by Quantity
• Accurately Forecast Completion Dates
http://www.aspirtek.com
Progress KPI….
• Compare Invoiced Amount withTime Elapsed
• %age completion
• Present Customer Invoices On-Time.
• Ensure that Working Capital Usage is Optimized.
http://www.aspirtek.com
Budget vs. Actual in P&L
•Create Budget from Estimate
•Track P&L Performance
• Project-wise, Monthly
http://www.aspirtek.com
Track Price
•Monitor PriceTrends in Material.
•Purchase at the RightTime at the Right Price.
•Extrapolate Future Prices.
http://www.aspirtek.com
TrackWorking Capital
•Monitor Contractor Invoiced vs. Client Invoiced.
•Quantity-wise and AmountWise
•ReduceVariance = ReduceWorking Capital
http://www.aspirtek.com
OMNI Payback through Cost Savings
•Project Size = 5B INR (500 Cr.)
•Total Overhead Cost @ 9% = 450M INR (45Cr.)
•30 Month Project – Monthly Overhead 15M (1.5 Cr.)
• Monitor Progress - Improve Subcontractor Productivity by 10%
• ProjectTime Reduced by 3 Months
• Indirect Cost Savings = 3 X 15 M = 45M INR (4.5 Cr.)
•Reduce Material Cost –TrackTrends and Purchase when Prices
are on a downswing
•Certify Contractor Bills Online – Have customer certify Invoices
Online
•Ensure that Customer Invoices are Presented onTime
• Reduce Working Capital – Save Interest
http://www.aspirtek.com

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OMNI Construction ERP Software - Delivering Time and Cost Savings

  • 1. OMNI – CONSTRUCTION ERP Saving Cost / SavingTime http://www.aspirtek.com
  • 2. Track Profits •Monitor Profitability Item by Item •Load Direct Cost + Overhead •Set a Benchmark Profit Margin •Red = Item Profit Margin Below Benchmark •Green = Item Profit Margin Above Benchmark http://www.aspirtek.com
  • 3. Track Progress •Contractor Progress Item-by- Item •Actual & Estimate- To-Complete •Visual Confirmation ofWork Done and Work Remaining •In terms ofValue or Quantity of Subcontractor’s Work Item http://www.aspirtek.com
  • 4. Track Progress…. • Activity-wise Progress • %age completion by Quantity • Accurately Forecast Completion Dates http://www.aspirtek.com
  • 5. Progress KPI…. • Compare Invoiced Amount withTime Elapsed • %age completion • Present Customer Invoices On-Time. • Ensure that Working Capital Usage is Optimized. http://www.aspirtek.com
  • 6. Budget vs. Actual in P&L •Create Budget from Estimate •Track P&L Performance • Project-wise, Monthly http://www.aspirtek.com
  • 7. Track Price •Monitor PriceTrends in Material. •Purchase at the RightTime at the Right Price. •Extrapolate Future Prices. http://www.aspirtek.com
  • 8. TrackWorking Capital •Monitor Contractor Invoiced vs. Client Invoiced. •Quantity-wise and AmountWise •ReduceVariance = ReduceWorking Capital http://www.aspirtek.com
  • 9. OMNI Payback through Cost Savings •Project Size = 5B INR (500 Cr.) •Total Overhead Cost @ 9% = 450M INR (45Cr.) •30 Month Project – Monthly Overhead 15M (1.5 Cr.) • Monitor Progress - Improve Subcontractor Productivity by 10% • ProjectTime Reduced by 3 Months • Indirect Cost Savings = 3 X 15 M = 45M INR (4.5 Cr.) •Reduce Material Cost –TrackTrends and Purchase when Prices are on a downswing •Certify Contractor Bills Online – Have customer certify Invoices Online •Ensure that Customer Invoices are Presented onTime • Reduce Working Capital – Save Interest http://www.aspirtek.com