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derive critical KPI’s pertaining Once the design is done, a overnight. Taking us through
to cost performance, schedule customer can prepare an itemized the journey right from before
performance and earned value Bill of Quantities(BoQ’s), identify the inception of the product, the
analysis (EVA),”reveals Sameer. and map out the execution strategy team with their deep expertise in
The line item cost database and run the entire tendering process this domain designed the product
has been developed as the core online. The contracts can then be post conducting an expansive
engine of the platform around seamlessly managed online on the market research. The team met
which all the workflows have cloud-based solution. Additionally, with over a hundred different real
been automated. This proprietary the entire billing and invoicing estate development companies
database has all the materials and process is controlled from a central and attained an extensive market
rates embedded within, permitting repository with all the stakeholders feedback on the process and pain
users to maintain a very clear view working in real-time on the points. The assimilated data, the
of the estimated and actual costs same platform. Furthermore, the team’s industry rich experience
of the project thereby delivering vendor management and reverse and state-of-the-art technologies
more projects on time and within auction tools in the system enable translated into building a product
the set budget. At the request of any procurement team to access that penetrates deep into the issues
the user, the cost management the best available prices for all that have plagued the sector and
module can be utilized to bring the purchases and contracts. addresses them all on a single
up the specified project’s progress BuildSupply serves as a great integrated platform.
reports by performing a real- platform that keenly observes all
time, industry standard Earned the project expenditures involved Founded in 2016, the company has
Value Analysis(EVA)at any given and increases profits by monitoring received a tremendous response
point in time. The detailed report costs, material procurement and from the industry despite being a
displays the cost to completion time schedules for the respective fairly recent entrant in the market.
and final cost, and examines projects. “E- Tendering and The company has worked with
the discrepancies, if any, in the online bidding conducted using a gamut of reputed real estate
schedule and budget along the BuildSupply platform have shown developers in India who swear by
due course of the project. “Due a time reduction of up to 45- the product. One such customer
to the increased transparency 60 days when compared to the is one of the most renowned real
and real-time collaboration, it traditional approach. Also, it has estate developers in the country.
plugs leakages and increases displayed a reduction in billing The enterprise client is currently
operational efficiency. This helps and invoicing process by 25 to 30 managing more than 25 million
save a substantial amount of the days. Our reports module helps square feet of development with
total project time and cost, by to generate customized real-time over 25 Pan India projects onboard
giving complete control over the reports instantly,” declares an on the BuildSupply platform. The
process management, and hence enthusiastic Sameer. organization needs uninterrupted
significantly enhancing equity “ access to analyze hundreds of
returns,” adds Sameer. The Build “There Are Several Real projects
Supply Cost Manager helps reduce Estate Tech Companies for acquisition or joint ventures
the construction costs by 8 to 10 Out There Targeting at any given time. In fact, the
percent; a high ROI for customers.
Purchase And Distribution client intends to increase their
An Economic Solution within the Of Property But Very development portfolio by 10
Competitive Real Estate Market million square feet per year for the
Few Have Attempted next few years without a significant
The cutting-edge real estate ERP To Organize The Real increase in their workforce. This
solution is equipped with not just Estate Development And mammoth of a task would be near
crunching out the final numbers but “ impossible without BuildSupply
is engineered with modules to Construction Process Itself“ and its dedicated team of
provide a comprehensive list of He goes on to explain that this professionals.
the costs involved even before the positive growth trajectory of the Already having gained a strong
product did not come into being
architectural design is completed. foothold in this competitive
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