The construction industry is a cornerstone of economic growth, shaping infrastructure and creating jobs. However, many businesses struggle with rising material costs, labour shortages, and increasing compliance requirements. In an industry where margins are tight and project delays can be costly, efficiency and accuracy are critical to success.
Despite these challenges, many construction firms still rely on disconnected accounting systems and manual processes, leading to inefficiencies, miscommunication, and financial losses. A modern Construction ERP system streamlines operations, providing real-time visibility, automation, and data-driven decision-making to drive profitability.
At Stratus Consulting Group, we understand the complexities of the construction industry. That’s why we are proud to announce that we were recently awarded MYOB Enterprise 2024 Construction Partner of the Year—a recognition of our expertise in implementing ERP solutions tailored to construction businesses.
This achievement reflects our deep understanding of construction workflows, project management, and financial oversight. As a premier MYOB partner, we help mid-market and large construction firms integrate MYOB Acumatica, Wiise, and Epicor to optimise operations, improve project profitability, and enhance compliance.
The construction industry is evolving rapidly, and firms that fail to modernise risk falling behind. Here are some of the biggest challenges that a Construction ERP can solve:
🔹 Disjointed Systems & Poor Data Visibility
Manually managing finances, payroll, and projects across multiple disconnected tools leads to inefficiencies.
✅ Solution: ERP platforms integrate job costing, payroll, financials, and document control in one central system.
🔹 Cashflow & Budgeting Challenges
Delayed payments and poor financial visibility result in cost overruns.
✅ Solution: Construction ERP systems provide real-time budget tracking, automated invoicing, and proactive cash flow management.
🔹 Project Delays & Cost Overruns
Without real-time data, decision-making is slow, leading to wasted resources and inefficiencies.
✅ Solution: Cloud-based ERP tools allow on-site teams and finance departments to collaborate in real time, ensuring projects stay on budget and on schedule.
🔹 Labour & Compliance Complexities
Managing subcontractors, compliance documentation, and safety regulations can be overwhelming.
✅ Solution: ERP software automates compliance tracking, labour management, and subcontractor payments, reducing administrative overhead.
Most construction firms juggle between six to ten software applications alongside their main accounting system. Without proper integration, finance and project managers struggle to track profitability.
✅ A cloud-based Construction ERP consolidates job costing, payroll, finance, and compliance into a single, seamless platform, eliminating inefficiencies.
Poor financial visibility leads to budget overruns of up to 80% in large-scale construction projects.
✅ ERP solutions provide real-time dashboards that allow businesses to:
Disconnected tools lead to manual reporting errors, increasing administrative overhead.
✅ A cloud ERP centralises project tracking, giving construction businesses real-time insights into project budgets, risks, and key performance metrics, reducing costly mistakes.
Nearly 48% of construction project delays are due to poor communication between on-site teams and back-office staff.
✅ Cloud-based ERP solutions enable:
Managing multiple software systems increases operational costs and introduces inefficiencies.
✅ A single, integrated ERP system eliminates redundant tools, reduces IT expenses, and prevents costly data entry errors—saving businesses 10-30% in operational costs annually.
BIM technology provides real-time 3D models, reducing miscommunication and cutting rework costs by up to 30%.
✅ When combined with an ERP, BIM ensures seamless budgeting, procurement, and workflow synchronisation.
Drones improve safety and cut survey costs by up to 40%.
✅ Integrated with ERP systems, drone data enhances project tracking and material logistics management.
Off-site manufacturing reduces construction time by up to 50%.
✅ ERP-driven supply chain management ensures materials arrive on-site exactly when needed, improving efficiency.
With 90% of Australian construction firms prioritising sustainability, ERP systems help track:
✅ Carbon footprint monitoring.
✅ Waste reduction & resource optimisation.
✅ Compliance with evolving environmental regulations.
At Stratus Consulting Group, we specialise in implementing ERP solutions tailored to construction businesses. We partner with MYOB Acumatica, Wiise, and Epicor to help businesses select the right ERP based on their size and operational needs:
✅ MYOB Acumatica Construction (formerly MYOB Advanced Construction) – A powerful cloud-based ERP for mid-sized construction firms.
✅ Wiise – Ideal for small to mid-market firms looking for scalable ERP solutions with real-time stock and project tracking.
✅ Epicor for Construction – Best suited for large-scale enterprises managing complex construction operations.
As MYOB Enterprise 2024 Construction Partner of the Year, we bring unmatched expertise in implementing construction ERP solutions. Whether you need real-time project tracking, seamless payroll integration, or supply chain automation, we help you select and implement the right ERP for your business.
📞 Ready to optimise your construction operations? Contact us today to explore the best ERP-driven solutions for your business.