斯沃特台灣 | 財務數位轉型諮詢
斯沃特台灣是亞洲領先的一站式財務數位化轉型諮詢公司，在實施財務自動化項目和其他幫助企業實現工作流程自動化的雲端解決方案方面擁有超過 14 年的經驗。我們是 2023 年度解決方案提供商獎 – Workday 新星合作夥伴，與該地區最大的雲端顧問團隊之一合作。 Shearwater 台灣提供一套雲端解決方案，包括雲端企業資源規劃 (ERP)、企業績效管理 (EPM)、賬戶對賬和財務結算流程自動化、公司間財務整合、整合和工作流程自動化平台。
Oracle NetSuite for Construction Businesses
Recognise revenue for multiple projects at any given time in a single integrated cloud platform.
Shearwater Taiwan’s construction bundle is a suite of solutions that are tailored specifically to address the unique needs of businesses in the construction industry.
The construction business consists of a set of highly complex and unique business processes. Carefully monitoring projects through real-time data helps construction businesses avoid cost overruns and complete projects on time.
The construction bundle offered by Shearwater Taiwan complements the features offered by the Oracle NetSuite cloud ERP system, and seamlessly integrates other key features and processes that businesses in the construction industry need. The Shearwater Taiwan Construction Bundle is a one-stop solutions provider for businesses in the construction industry.
Recommended
Our cloud ERP solution helps businesses automate key financial processes and unlock critical insights key to strategic decision-making.
Features of Shearwater Taiwan Construction Bundle
Material Job Costing
Keep track of all the costs from each project and enable real-time analysis of estimation. This feature manages project budget by detailing breakdowns of costs into several categories. Monitor project completion with ease and ensure cost overruns are minimised.
Revenue Recognition
Calculate revenue recognised based on the project completion percentage to date. Each time the revenue is recognised, it will be recorded in the company’s ledger, enabling the companies to keep track of all the revenue recognised to date.
Project Management
Track resource allocation, work breakdown structure, earned value, time, expense, and transactions. Monitor budgets, estimates, bookings, work in progress, percentage complete, billing milestones, and actual costs to manage multiple projects.
Project Budget Management
Maintain a project record and ensure no disparity between projected costs and actual revenues with features like transaction tracking. Oracle Netsuite equips you with an integrated cloud solution that compiles projections for future projects and increases the accuracy of projections and profit targets.
Retention Management: Retention Release
Manage the decided retention amount’s held-back and releasing process. Tracking amounts held back during the contract is easy by recording the retention amount in the company ledger. The retention amount will be claimed and released after work or for a period.
Work In Progress
Report
Keep a close eye on the financial health of each project in relation to its progress. The report analyses the project’s progression in terms of over-billing and under-billing by keeping track of every aspect of the project in relation to its costs.
Handle Multiple Project Billing, and Revenue Recognition on a Larger Scale
Gain visibility over every project. For construction companies, having systems with limitations is costly. This feature allows construction businesses to calculate revenue recognition, handle retention management, and mass billing for multiple projects.
Profit Loss Report
The profit-and-loss report included in PointStar Consulting’s construction package enables construction companies to assess their financial health. Get an in-depth summary of business expenses for management to spot trends and make critical business decisions.
Work Breakdown Structure
Oracle NetSuite provides you with a work breakdown structure that is defined down to the required level of granularity and links to the transaction, allowing you to have improved visibility over your construction project.
Milestone
Once each project milestone is achieved, the billing process is automated. In the construction industry, milestones indicate a project’s start or end date, external reviews or input, budget checks, major deliverable submissions, and so on.
Resource Allocation
Following the process of reserving or allocating resources for the construction of a project, the project manager can integrate into the Resource Allocation module of Oracle NetSuite to decide whether the resource should be assigned to a particular task.
Benefits of Oracle NetSuite for
Construction Businesses
- 360-degree, real-time visibility into all projects
- Efficient management of project
- One stop solution for all your construction needs
- Accurate forecasting for future projects
- Revenue recognition at every stage of project
Why Choose Shearwater Taiwan
Shearwater Taiwan is your trusted, Chinese, English, Korean, and French consulting partner for implementing cloud technologies in your Asian business. Our multilingual team (Japanese) offers top-notch customer support to resolve any issues and provide actionable solutions promptly.
Our experienced consultants have a proven track record of over 200 successful financial planning and analysis implementations, providing tailored solutions to meet clients’ specific needs and objectives.