Construction ERP Management Software
Objective
A leading construction firm was struggling with an outdated manual invoice system that was causing delays and errors. They needed a modern solution to automate their invoice processing, improve accuracy, and gain clear insights into their financials.
Company Overview
A leading construction firm was struggling with an outdated manual invoice system that was causing delays and errors. They needed a modern solution to automate their invoice processing, improve accuracy, and gain clear insights into their financials.
Industry
Construction
Region
India
Project Size
Non-Disclosable
Highlights
Business Challenges
Manual Errors
They were dealing with frequent mistakes from manual data entry, which affected project budgets and financial accuracy.
Slow Approvals
Their approval process was slow and cumbersome, leading to delays and impacting cash flow.
Limited Insights
They lacked real-time visibility into invoice statuses and project finances, complicating budget management.
Complex Tracking
Managing invoices through various stages and resolving disputes was proving to be quite challenging.
Operational Efficiency
Streamlining operations to reduce costs and improve efficiency.
Solutions That Niotechone Software Pvt. Ltd. Developed!
Integrating various functionalities such as data extraction, quick management, invoices and many more.
Automated Data Extraction
Our AI and Machine Learning tools extract data from invoices accurately, cutting down on manual errors.
Real-Time Visibility
Instant updates on invoice statuses and project finances help with better oversight and management.
Queue Management
Invoices are neatly organized into Pending Approval and Disputed tabs for easy handling.
Coding & Approving Invoices
Integrated tools for coding and approving invoices, tailored to the needs of construction projects.
Batching
Handles multiple invoices at once, improving efficiency.
Orders
Users can create requisitions for construction materials and services.
Pay
Streamlined access to payment submission portals.
Admin
Handles user roles and administrative tasks.
Quick Search
Advanced search options to quickly find specific invoices and documents.
Invoices
Access dashboards to manage invoice approvals and creation.
Inbox/Capture
Manages incoming invoices and indexing exceptions.
Info
Connects users to support resources and industry-specific knowledge.
Custom Approval Workflows
We set up workflows that streamline routing and approvals, speeding up the process.
Advanced Reporting
Detailed reports give insights into processing trends and financials, aiding in decision-making.
Disputed Tab
A special feature to track and resolve disputes, ensuring timely resolutions.
Invoice Processing Tabs
Clear tabs for each stage of processing—Pending Approval, Approved, Rejected, and Archived—make management straightforward.
Result & Benefits
Accuracy Boost
Automated extraction cut manual errors by 90%, improving budget accuracy and financial reporting.
Faster Approvals
Streamlined workflows and batching reduced processing times by 50%, improving cash flow.
Better Visibility
Real-time updates on invoices and project finances enhanced oversight and strategic planning.
Operational Efficiency
Automation and advanced features freed up resources for more critical tasks.
Improved Dispute Handling
Faster resolution of invoice issues with the Disputed Tab and Queue Management features.
Insightful Reporting
Advanced reporting provided valuable insights into processing and financial health.
Are You Ready For Better
More Productive Business?
Conclusion
Our AI-driven invoice management solution transformed how this construction firm handles invoices. It brought improved accuracy, efficiency, and financial visibility, helping them streamline operations and better manage their finances.
Get In Touch With Us
Do you have any questions, would like to provide feedback, or would like a quote for your mobile or web needs? Send us an email, and we’ll respond as soon as we can – Contact Us Now!!
805, 1107, 1108-Rk Empire, Near Mavdi circle, Rajkot-360004
Sales +91 9925 66 2323
Sales +91 9925 66 8383
sales@niotechone.com
sejal@niotechone.com
Recent Case Study
Cloud Computing For Multinational Bank
Cloud Computing For Multinational Bank Objective To modernize IT infrastructure
Revolutionizing CRM Software
Revolutionizing CRM Software Objective Revolutionizing CRM software enhances customer relationship
E-Learning Software Development
E-Learning Software Objective The client aimed to develop a comprehensive
Event Management Software
Event Management System Objective The client required a self-sufficient event management
Hotel Management Development
Hotel Management Development Objective Our approach focuses on elevated guest
Real Estate Management App
Real Estate Management App Project Overview Designed to modernize the
