Revolutionizing Subcontractor Management in Construction
Revolutionizing Subcontractor
Management in Construction
Revolutionizing
Subcontractor Management
in Construction
In the world of construction management, the complexity of procurement, work order management, material tracking, and billing reconciliation often results in inefficiencies, cost overruns, and financial leakage. While SAP provides a strong foundation for enterprise resource planning, it leaves critical gaps when it comes to the nuanced needs of construction projects — especially in subcontractor management.
In the world of construction management, the complexity of procurement, work order management, material tracking, and billing reconciliation often results in inefficiencies, cost overruns, and financial leakage. While SAP provides a strong foundation for enterprise resource planning, it leaves critical gaps when it comes to the nuanced needs of construction projects, especially in subcontractor management.
In the world of construction management, the complexity of procurement, work order management, material tracking, & billing reconciliation often results in inefficiencies, cost overruns, & financial leakage.
While SAP provides a strong foundation for enterprise resource planning, it leaves critical gaps when it comes to the nuanced needs of construction projects, especially in subcontractor management.
Hop on a Demo Call
Hop on a Demo Call
SAP Standard - Gaps
Key Benefits of MyRA for Subcontractor Management
Key Benefits of MyRA for Subcontractor Management
Key Benefits of MyRA
for Subcontractor Management
MyRA revolutionizes subcontractor management by addressing the limitations of SAP, offering automation, accuracy, and control throughout the entire lifecycle. Here’s how users benefit:
MyRA revolutionizes subcontractor management by addressing the limitations of SAP, offering automation, accuracy, and control throughout the entire lifecycle.
Automated Work Order Creation
Eliminates manual, error-prone processes, ensuring faster and accurate work order generation.
User Impact:
Saves time, reduces errors, and accelerates project kick-offs.
Automated Work Order Creation
Eliminates manual, error-prone processes, ensuring faster and accurate work order generation.
User Impact:
Saves time, reduces errors, and accelerates project kick-offs.
Real-Time Material Reconciliation
Provides real-time tracking and automated reconciliation reports.
User Impact: Enhances visibility, reduces financial leakage, and ensures accurate material management.
Real-Time Material Reconciliation
Provides real-time tracking and automated reconciliation reports.
User Impact: Enhances visibility, reduces financial leakage, and ensures accurate material management.
Accurate Part-Rate Management
Ensures precise rate calculations and timely releases.
User Impact: Prevents miscalculations, delays, and disputes, improving trust and efficiency.
Accurate Part-Rate Management
Ensures precise rate calculations and timely releases.
User Impact: Prevents miscalculations, delays, and disputes, improving trust and efficiency.
Efficient Advance Payment Tracking
Tracks advances effectively, ensuring better recovery and cash flow management.
User Impact: Reduces unrecovered advances, improving financial health and project sustainability.
Efficient Advance Payment Tracking
Tracks advances effectively, ensuring better recovery and cash flow management.
User Impact: Reduces unrecovered advances, improving financial health and project sustainability.
Automated Billing and RA Management
Streamlines billing processes and ensures faster approvals.
User Impact: Minimizes disputes, delays, and administrative burdens, enhancing overall project efficiency.
Automated Billing and RA Management
Streamlines billing processes and ensures faster approvals.
User Impact: Minimizes disputes, delays, and administrative burdens, enhancing overall project efficiency.
Transform Your Construction Management with MyRA
Transform Your Construction Management with MyRA
Transform Your Construction Management with MyRA
How MyRA Fill the Gaps
How MyRA Fill the Gaps
MyRA brings automation, accuracy, and control to the entire lifecycle of sub-contractor management, directly addressing the limitations of SAP. Here’s a detailed comparison:
MyRA brings automation, accuracy, and control to the entire lifecycle of sub-contractor management, directly addressing the limitations of SAP. Here’s a detailed comparison:
Features
Features
SAP Standard
SAP Standard
MyRA (SAP-Certified)
MyRA
SAP-Certified
MyRA
SAP Certified
Work Order Creation
Work Order Creation
Manual
Manual
Automated
Automated
Material Reconciliation
Material Reconciliation
Limited Visibility, Manual Tracking
Limited Visibility, Manual Tracking
Real-Time Automated Tracking
Real-Time Automated Tracking
Part-Rate Management
Part-Rate Management
Prone to Miscalculations & Delays
Prone to Calculation Errors & Delays
Accurate Rate Release
Accurate Rate Release
Advance Payment Tracking
Advance Payment Tracking
Unrecovered Advances, Cash Flow Issues
Unrecovered Advances, Cash Flow Issues
Efficient Tracking, Better Recovery
Efficient Tracking, Better Recovery
Billing and RA Management
Billing & RA Management
Manual
Manual
Automated, Faster Approvals
Automated, Faster Approvals
Business Benefits Delivered by MyRA
Business Benefits Delivered by MyRA
~ 40%
Improvement in decision-making accuracy due to data reliability
Improvement in decision-making accuracy due to data reliability
15%
Reduction in unrecovered advances, strengthening cash flow
Reduction in unrecovered advances, strengthening cash flow
20%
Cost Savings by preventing budget escalations
Cost Savings by preventing budget escalations
~8%
Lower Financial Leakage through automated reconciliation
Lower Financial Leakage through automated reconciliation
35%
Fewer Billing Disputes, ensuring faster project completion
Fewer Billing Disputes, ensuring faster project completion
MyRA isn’t just a tool
It’s a game-changer for construction management. By leveraging MyRA’s advanced capabilities, businesses can drive efficiency, accuracy, and profitability — all while maintaining a seamless integration with their existing SAP infrastructure.
It’s a game-changer for construction management. By leveraging MyRA’s advanced capabilities, businesses can drive efficiency, accuracy, and profitability — all while maintaining a seamless integration with their existing SAP infrastructure.
Intelligence simplified
Transforming businesses into hyper-intelligent, insight-driven, and effortlessly adaptive enterprises—where intelligence is simplified, actionable, and at the core of every decision.
Intelligence simplified
Transforming businesses into hyper-intelligent, insight-driven, and effortlessly adaptive enterprises—where intelligence is simplified, actionable, and at the core of every decision.
Intelligence simplified
Transforming businesses into hyper-intelligent, insight-driven, and effortlessly adaptive enterprises—where intelligence is simplified, actionable, and at the core of every decision.