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Highrise ERP

Highrise is first Specialized Construction ERP; an Internet Ready software solution popularly known as ERP for Construction & Real Estate industries. In simple words an ERP is the integrated software solution encompassing all the functional departments of the enterprise. Highrise consists of integrated functions of Accounts & Finance management, Sales, Marketing & CRM Management, Project Budgeting, Estimation, Planning, & Project Management, Purchase, Store & Inventory Control, Labour Contract Management, Human Resource Management, Quality Control, Lease & Mall Management, Tender & Billing Management and Fixed Asset Management. All the above functions share common data thus makes the organization homogenous.

Highrise ERP is available on Licensing, Annual Subscription as well as SaaS and can be hosted on on-Campus Server or Cloud.

Engineering

The processes involved are:
  • Define project, WBS
  • Defining Rate analysis
  • Estimation (directly converting CAD drawings)
  • Re-estimate & maintain versions
  • Project scheduling (using PERT / CPM) & planning
  • Project costing & budgeting
  • Computation of activity-wise and material-wise variance for quantity & Cost
  • Incorporation of quality checks using quality check lists at task level
Business Benefits:
  • Centralised document management & monitoring
  • Accurate estimates
  • Better change management & control management
  • Accurate project planning, execution & monitoring
  • Better & timely management directions; Real time available of data
  • Timely alerts & escalations for any abnormal behaviour; avoid postmortem
  • Timely project completions with quality control

Material Management

With regards to the operations & execution of projects, the focus of any construction industry is on the material movement. Being a very large capital intensive industry, it is the requirement of every management to control and monitor the movement of materials at any given point of time.
The modules involved here are the Site Management and the Purchase Management, where there is complete transparency between these two entities.

The processes involved at the site are:
  • Generation of requisition / indent based on the project plan defined
  • Generation of Goods Receipt Notes (GRN's) from site (via internet); either against a Purchase Order, Work Order, Cash based purchases, and / or from other sites
  • Generation of issue slips from site (via internet); as per the requirements
  • Stores management - tracking all GRN's & issues
  • Stock reconciliation
The processes involved at the Centralised Purchasing Dept. are:
  • Verifying the requisition against estimation, project plan & accordingly process it
  • Supplier registration & grading
  • Handling material requisition / indents from site (via internet)
  • Cross comparison against estimates before approval
  • Floating enquiry & receiving quotations; Generate comparative statements
  • Generate purchase & transport orders along with all the taxation
  • Generation of import orders
  • Checking & passing of material & transport bills
  • Inventory control - using FIFO, LIFO, FEFO Recorder levels etc.
  • Receiving goods either against a Purchase Order, Work Order, Cash based purchases, and / or from other sites
Business Benefits:
  • Define strategic purchase controls
  • No manual intervention; avoid unnecessary delays in material procurement
  • Reduction in wastage and Inventory holding
  • Supplier grading – improves value for money
  • Up to date & better pricing
  • Timely escalation of issues
  • Centralised document management & monitoring
  • Complete and real time Material Management; from Estimation to Indent to Purchase to Delivery to Issue with checks & controls

Contract Management

The contract management is one of the core functions of the construction industry. Since majority of the work in done by multiple contractors viz. specialized contractors, labour contractors etc. the module is fully compliant to the various permutations & combinations of work orders required by the industry to get generated.

The processes involved are:
  • Contractor registration & grading
  • Creation of Payment templates
  • Generation of work orders (with and without materials)
  • Monitoring work completion (via Internet)
  • Checking the quality and the workmanship of the contractors
  • Automatic generation of RA bills
  • Passing of RA Bills (Linked to material consumption & quality approvals)
  • Handling with material contracts, TDS, Service Tax, VAT, Retention, Advance, Debits, Credits & Securities
Business Benefits:
  • Scientific ways of achieving rates – contractor rates
  • Better construction quality – activity wise quality checks
  • Better labour management – timely completion & monitoring workmanship
  • Contractor grading – improves value for money
  • Better tax management
  • Better discipline in contract execution

Marketing & Sales Management

The marketing and sales management is one of the primary requirements of any builders, promoters and real estate developers. Since the owners and the management are able to keep track of a customer right from the enquiry stage, the Customer Relationship Management (CRM) gives them a clear picture about their revenue pattern.

The processes involved in marketing are:
  • Enquiry recording and follow-up
  • Enquiry tracking & analysis on variety of criteria
  • Generation of thanking Letter/SMS for each enquiry
  • Advertisement booking & analysis of response; track success of every marketing campaign
  • Handling of tentative bookings
  • Multilevel brokers management
The processes involved in sales are:
  • Creation of Payment templates, Service tax abetment, Charge types etc.
  • Generation of booking forms along with payment schedule
  • Automatic generation of demand and reminder letters based on project stage completion or date or day
  • Interest calculations on outstanding
  • Generation of various reports about bookings, outstanding position, customer aging etc.
  • Payment follow ups (Automatic reminders)
  • Generation of numerous letters like Demand letters, Reminder Letter, Allotment Letter, Mortgage Permission, Bank NOC etc.
Business Benefits
  • Better enquiry management; capture customer’s taste & their trend requirements
  • Improved customer relationship management; uptodate information about the customer wrt payments, follow-ups done, complaints
  • Timely & targeted follow-ups - Better conversion and timely recovery
  • Optimizing marketing campaigns
  • Better broker management
  • Improved cash flow management
  • Improved client records
  • Improved branding thru SMS & Customer Portal

Financial Accounts

The fill fledged accounts module provides the accounts department the entire function related to their daily accounting needs. Since the module directly integrates with other core modules, the vouchers related to all type of expenses and receipts gets generated automatically, thus eliminating the need for the accountant to punch in the voucher details.

The processes involved in financial accounts are:
  • Define project, WBS
  • Standard double entry book-keeping
  • Integrated to all other modules
  • Automatic TDS, Service Tax Calculation
  • Deduction & eTDS submission
  • Generation of required forms
  • Drill down features for browsing Balance Sheet, P&L, Ledgers
  • Built in budget monitoring system
  • Project wise Balance Sheet and P&L
  • Multi company balance sheet and P&L
  • Cash flow reports
  • Browsing across the financial years
  • Monthly locking of financial year
  • Built in Audit features & Audit trails
  • Compliance with schedule VI, IFRS and US GAAP
Business Benefits:
  • Integrated accounts eliminates possibility of errors; no duplication of data entry
  • Better transparency among all the departments
  • Better utilization of manpower
  • Better corporate Image - computerized statements
  • Accurate cash flow requirements
  • Better fund management
  • Improved liaison with bankers, auditors, financiers, business partners

Tender Management

One of the key modules among contractors who participate in tender (both Government & Private) and also issue tender. The module captures all the required information of a tender enquiry. Facility to enter the client’s BOQ and accordingly map with the inbuilt tasks provides the engineering and tendering department a greater transparency during the execution of the work and better control wrt the estimations provided in the tender..

The processes involved are:
  • Supports inward & outward tenders
  • Capture tender details; facility to alert users regarding tender submissions
  • Version tacking & bid application
  • Links Engineering & contract management
  • Complies to related Indian taxation rules viz. ST, VAT & WCT
Business Benefits:
  • Visualize tender estimation v/s actual; real time data availability
  • Take timely corrective actions; avoid delays which impacts profitability
  • History data availability; better equipped for tender submission

Client Billing

One of the key modules among contractors for billing their customers either based on work completion or periodic billing.

The processes involved in Client billing are:
  • Facility to generate Performa invoices
  • Complies to related Indian taxation rules viz. ST, VAT & WCT
  • Ease to track estimated v/s actual expenses incurred v/s billed
  • Billing can be liked to work completion progress or monthly fixed billing
Business Benefits:
  • Cenrtalised data availability; ease to track the progress of contractual jobs wrt cost, time frame & costs
  • Provides alerts for any abnormalities; thus avoiding the profitability erosion

HR and Admin Management

The HR & Admin module plays a pivotal role in the organisation since the management is able to capture the actual overhead costs and administration expenses incurred in a project. A complete HR suite comprising of capturing employee details, their earnings & deductions and monthly payroll setups, the module goes further to capture the other aspects related to employees viz. recruitment, retention, training and appraisals. The Admin expenses provide the detailed view of the cost center wise expenses incurred.

The processes involved in HR & Admin expenses management are:
  • Maintains data of all the employees
  • Recruitment, appraisals & training
  • Handles all allowances & deductions
  • Generation of pay slips; link to automatic attendance system, biometric readers etc.
  • TDS calculation & generation of forms; PF, ESI
  • Letter generation to Bank, Candidates, Employees etc.
  • Administrative expenses booking; cost centre wise
Business Benefits:
  • Empowering employees; identifying future leaders in the organisation
  • Improved assignment of roles & responsibilities; employee retention
  • Improved establishment of accountability
  • Assists identification of training needs; continuous employee growth

Asset Management

As the name states, the module manages all the assets of the organisaton; be it related to projects or not. The key feature is for those assets that are used in projects, the organisation can track the assets and tabulate the exact value of the asset. A very useful module for the contractors who have many types of equipments at various sites, this module helps them track the availability & accordingly plan their movement.

The processes involved in Asset Management are:
  • Maintain asset master / register
  • Manage asset warranty maintenance, insurance
  • Asset tracking and planning
  • Depreciation; tabulating the value of the asset
  • Asset expenses monitoring
Business Benefits:
  • Equipment tracking & availability; avoid unwanted hiring of equipments
  • Better utilization of equipments; avoid idle conditions

Land & Legal

One of the key modules that builders, developers, real estate developers require is to capture and store all the legal information related to land or for a society redevelopment project or Slum Rehabilitation Authority (SRA) project, capture and store all the legal plus details of the existing tenants. The main ingredients of this module are that it lets the legal department capture the legality details required inorder to get the no objection from the governmental authorities and also lets them create the checklists and the milestones to be completed. It also facilitates the legal department to fix appointments with personnel (be it government servant or court or any other party) & system provides timely follow up reminders.

The processes involved in Land & Legal Management are:
  • Maintain land, society redevelopment project dedtails
  • Manage checklists and milestones
  • Set alerts for reminders
  • Capture notices sent by government authorities
Business Benefits:
  • Centralised document management; scan & retrieve
  • Timely reminders; helps legal department in preparation


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