IFS Cloud's ERP platform helps specialty contractors optimize resources, manage project finances, and streamline complex operations.

A 1% increase in project costs can make the difference between profit and loss.

Companies are increasingly investing in an industrialized construction strategy and adapting their business processes to improve project delivery performance.

In an industry with low project margins, a high level of unpredictability, and fierce competition (both domestic and international), it does not take much to turn a profitable project into a loss-making project, putting the whole business at risk.

Most construction and engineering companies operate with a fragmented supply chain network, which puts them at a significant disadvantage.

Firms in the construction and engineering industry deliver complex, high-value projects for exceedingly small profit margins.

Many construction and engineering companies are so focused on winning projects that they overlook the importance of managing plant and equipment cost-effectively.

Tracking certain KPIs (Key Performance Indicators) is a proven way for businesses in any sector to ascertain performance targets, while encouraging the creation of key business objectives to help realize these goals.

The vast majority of large-scale construction projects erected worldwide simply wouldn’t be possible without the combined work of several different subcontractors.

Latest global predictions suggest that spending on new infrastructure projects has now overtaken spending on property construction and will continue to lead for the next decade.