1. ERP Management System
for
Real estate Industry
• Presented by
- Kaivalya P. Mawale
- Roll No. : 625

2. ERP Management System
Introduction of Company:
Nirmala Consol Private Limited is the company formed by the professionals and alumni
of VJTI, IIM and IIT. They do have 5 subsidiaries under their banner catering to various
needs of Real Estate, Marketing, Agriculture, Event Management and Software.
Consolmark : This is end to end marketing solution provider domain who all are
providing various marketing solutions like market research, Competitors
analysis, Website Development, Social media marketing and creative
brand element generation.
Brightwayz : This domain is into Education sector where they are focussing on various
requirements of education sector and try to minimize the existing gap
between top B- Schools and tier 2 B- Schools by imparting various sets
of services to students from tier 2 B- Schools.

3. Consol Civil: Through this domain, Consol Civil is providing end to end solutions of
real estate. They are providing all relevant service under one roof like
Architect services, Liasoning services, Structural services and PMC
services.
Consol Hat: Through this domain, Consol Hat offering end to end solutions of event
management. They have already done various corporate and political
events which has given them ample amount of experience to excel into this
field.
5Berry : In this, they are providing various innovative customised software’s
according to the requirement of clients
Under the summer internship, they have assigned me the project “ERP
Management” for real estate industry. Under that, I supposed to map the various
needs of software industry. I was supposed to find various sectors where we can
study the needs of that industry and can fulfil their demands from various software’s
Client : HAWARE Builder.

4. Flow chart of activities streamline
Study of client’s problem
Data collection & analysis
Study of client’s business
Client
meeting
Presented Research study
Findings and analysis
Suggestions and conclusions
Team
building
Illustrate customers requirement
to the team
Start
execution
Allocate the deadline Daily basis follow up
with technical team
Update the client
on weekly basis

5. Objectives of Study
• To understand various software needs of corporate sector
• To understand the in-house resources of the company and apply them to fulfil the
needs of the selected companies.
• To recommend various strategies to Consol to maintain sustainable advantage in
coming period
• Minimize the problem facing by client with the help of effective use of ERP system

6. Research Methodology
Source of data collection:
 Primary Data collection:
• Resident engineer
• Chief Engineer
• Supervisor
Source of Data
Resident
Engineer
Cheif
Engineer
Supervisor

7.  Problem faced by Resident Engineer:
• Maintain master sets of plans and specifications
• Prepare partial and final contract payment estimates for the RAW material
• Monitor contract funds
• Maintain the schedule
 Problem faced by Chief Engineer:
• Keep record of all the details which provided by the Resident Engineer
• Prepare progress reports
• Process and progress reporting
• New methods of construction
 Problem faced by Supervisor:
• Record of Purchase order number
• Keep the record of on duty labour
• Preparation of weekly/monthly roster
• Record of the RAW material
• Keep the record of onsite problems

8. Source of data collection:
 Secondary Data collection:
• HR & Administration Department
• Finance Department
• Marketing Department
• I.T. Department
Source of data
H.R. &
Administra-
tion
Finance
Marketing
I.T.

9.  Problem faced by H.R. & Administration Department:
• Difficult to track office-staff user data
• Difficult to track information of labour
• Recruitment process creates unnecessary challenges
• Contractor's name and address
• Name of subcontractor who ordered the material
 Problem faced by Finance Department:
• Prepare cost estimates of RAW material
• Preparing the payroll and paying staff salaries as well keep the previous record
• Keep all the record of wages of labor
• Purchase order bill record
• Record of sold properties

10.  Problem faced by Marketing Department:
• Challenge to gathered data from other functional areas
• Difficult to provide estimate the cost to accounts department
• Difficult to find historical data
• Difficult to analyzing market research responses
 Problem faced by I.T. Department:
• Most of real estate industries use Auto- Cad for designing and drawing, this kind of
software not useful for other staff
• Loss of important data
• Software which is used in such industries not connected with other functional areas
• Security risk is there with data
• Piracy of software can harm all the vital information

11. • Following is the flow chart of work process at client side before use of ERP
management system
• Before using the ERP system, the last stage of process i.e. “Bill generation” it
takes 3 months to takes place

12. Project InitiationProject Initiation Building Progamme
Architect Selection Project Design Execution 1st Stage
Purchase Order Of Raw
Material
Inspection Of Raw Material
Inspection Of Work Done Approved By Engineer One
Inspection Of Work done
stage II
Approved By Chief Engineer
Inspection Of Work Done
stage III
Approved By Supervisor
Preparation Of DocummentsPreparation Of Documments
Documents Inspection By
Management
Approved By the Higher Level
Management
Forward Documments To
Finance Department
Approved By The Finance
Department
Generate The Bill Against The Raw Material used

13. Finding
• Businesses are warding on the ERP to ways their core businesses as well as
their back-end operations. The ERP software may have its limitations too,
but organizations cannot disagree with their convenience or managerial
dependencies on them
 The profits of ERP implementation are many.
• Right of entry to information, anytime, anywhere
• Work automation
• Work scheduling
• Cost reduction
• Data security

14. The ERP software can be broadly classified into two
parts
• Core business management software: Manages the core business functions of an
organization (On Field e.g. RAW material details etc)
• Back-end management software: Financial Accounting management software,
HR & Payroll management software, etc.
• The process of Bill Generation which is takes place at the end earlier it took 3
months but after implementation of ERP system the whole bill generation process
takes maximum 4 days

15. We find the following areas are getting benefit of
ERP system in their industry
• Sales and Marketing
• Master Scheduling
• Material Requirement Planning
• Capacity Requirement Planning
• Bill of Materials
• Purchasing
• Accounts Payable/Receivable
• Logistics
• Asset Management
• Financial Accounting

16. • Impact of ERP on Operational Function:
There was a modest positive effect of the ERP system on all of the listed items,
with the largest improvement being in the quality of information/data.
ITEM Increased effect in %
Information quality in general 80%
Decision Making 85%
Order Management 70%
Planning 85%
Cash Management 100%
On-Time Delivery 75%
Inventory Management 100%
Productivity 100%

17. Impact of ERP on the Role of Management
Accountant
• Better information sharing should exist with more timely information and reduced
time being spent on data collection by the management accountants
• Reduced time being spent on data collection by the management accountants
• The time spent on data analysis and the focus on internal reporting was not
significantly related to perceived ERP success. There was a major decrease in both
the time spent on data analysis and internal reporting
• In successful ERP systems, the time spent by management accountants has
significantly decreased.

18. Analysis
• There exist different types of ERP software for altered industries and an equally
huge number of ERP providers too. But, ERP is a domain that needs constant up-
gradation, depending on changing business perspectives
• ERP software is credited with simplifying the complex tasks of an organization and
increase their output and overall success
• The latest edition of the real estate ERP software allows greater organizational
efficiencies through faster data giving out, regular data transfer and real time data
updation
• The real estate ERP solutions software is capable of with the description of
elasticity, security and competence.

19. Conclusion
• ERP system which we are preparing it is integrating various functional departments e.g.
(Marketing, finance, I.T., H.R.)
• Bill generation process at our client’s site which takes 3 months to complete it will now easily
minimize with the help of ERP system
• The growing information needs of an enterprise make it imperative to improve or replace old
systems
• Performance measures must be developed and standardized to give organizations a clearer
picture of the benefits derived from Enterprise Resource Planning implementation
• Management accountants and managers found new ways of working with the ERP system,
each performing different tasks than before e.g.
a. Operation managers can access the information themselves from the ERP
system rather than waiting for the accounting reports
b. Management accountants perform more analysis of results than before

20. • Efficient communication between functional areas and hence enhances productivity
• It minimize the conflicts between the management
• While employing an ERP system maybe expensive, it offers organizations a cost
efficient system in the long run
• ERP systems have both a direct and indirect effect on management

21. • Inventory List

22. Inventory Management

23. Purchase Order

24. Report

25. Thank
You