HORIZON ERP

Small-scale entrepreneurs across various industries utilize construction accounting software , and construction isn't an exception. However, construction accounting and management software is more complicated and features advanced functions that can handle unique problems in construction.  This advanced software was designed specifically to assist in the communication of business executives, making decisions, budget estimation, controlling job costs, and many other things. Construction companies are well-known for their contribution to advancements in many nations.  They usually receive contracts from the government and the private sector with a budget of a million dollars. This is because construction companies require accounting software. In this article, we'll examine the benefits of accounting software for businesses in the construction industry.                                    Fig: Benefits of construction accounting software 1. Be aware of the company's finances.

What exactly are ERP Systems? ERP solutions are a complete, integrated system. (ERP) Systems are comprehensive, integrated systems that handle every aspect of a manufacturing or distribution-oriented business, integrating human resource management, financial management and supply chain management, and distribution or manufacturing with the main purpose of accounting.  ERP solutions offer transparency throughout the business process by monitoring all aspects of product distribution, finances, and the back office. The vast systems are a central reference point for all-inclusive workflow and information.  Many departments can access the data recorded through ERP systems to ensure the right procedures are followed. ERP systems are utilized by distribution and manufacturing companies.  Instead of relying on standalone software (which might not be able to integrate properly) within the various departments, ERP systems provide cohesiveness from the beginning to finalizing all business process

The construction market in Dubai has been impacted by COVID-19, leading to the halt of construction work. This factor has reduced net profits in the sector. The UAE construction market is expected to reach a value of USD 133.53 billion by 2027, registering a CAGR of 4.69% over the forecast period (2022-2027). Advantages of Implementing ERP in Construction Industry HORIZON EBS software is an integrated software where accounts, estimation, procurement & Inventory, Human resources are integrated. With the help of the system automation, error-free methods of adding and updating information that eliminates duplicate data entry. Optimizing the Project Planning Effective project planning plays a major role in the construction business. It helps the company to standardizes each process from the starting till the completion of the project. This becomes more evident when the company deal with multiple projects from huge number of clients. The company need to establish a more stringent projec