Springfield sells apartments by square foot across several projects while building them at the same time. Sales, instalments, materials and contractor payments were tracked separately, so the real cost and cash position of a project was hard to see.
ERP
ERP — Springfield Developers
Property and construction ERP for Springfield Developers — apartments, instalment plans, site procurement and project costs.
About the client
Springfield Developers builds residential and commercial projects in Lahore, such as Heaven 20 Heights in Askari 11. Next to its website, Springfield manages sales and construction on an ERP built by ArshiSoft.
An ERPNext system covering both sides of the business: apartment inventory and price per square foot, instalment plans with balloon payments, purchasing of construction materials, contractor bills and project-wise cost tracking.
Key features
Apartment inventory
2, 3 and 4 BHK apartments by project and floor, with size and price per square foot.
Instalment plans
Booking, confirmation, 40 monthly instalments, biannual balloons and possession payments.
Overseas investors
Customer records and statements that overseas buyers can be sent at any time.
Construction purchasing
Purchase orders and receipts for steel, cement and other site materials.
Contractor bills
Sub-contractor work, bills and payments recorded against each project.
Project costing
Budget against actual cost and collections for every project.
Results
- Sales and construction costs tracked for each project
- 40-instalment plans with balloon payments handled automatically
- Material stock and contractor bills under control on site
Have a great idea?
Tell us about your project and we'll bring it to life.