Read about operational challenges around procurement of construction materials that contractors and vendors face today and how to address them.
When Robertson Group Inc. first implemented Field Materials, their procurement and AP processes were inefficient and manual. By switching to Field Materials, the company streamlined procurement, improved vendor communication, and with the help of AI introduced much-needed automation.
For 360 Wall Systems, manually entering invoices was slowing down operations, leading to inefficiencies and delays in cost tracking. By adopting Field Materials AI platform alongside their ERP, FOUNDATION, the company transformed its AP process, reducing errors, improving efficiency, and giving project managers real-time job cost visibility.
Before Gulf Coast Utility Contractors (GCUC) adopted Field Materials, their procurement process was manual and error-prone. As the company grew, managing materials, deliveries, and invoices using spreadsheets became unsustainable. With Field Materials AI platform integrated into SAGE 100 Contractor, GCUC introduced automation, improved visibility, and cut AP processing time in half.
In the world of large-scale construction projects, efficient material management is critical to the success of the project. These projects often encompass multiple buildings and floors. Organizing projects into zones or areas helps streamline material ordering for contractors and vendors.
A staggering 20% of contractors today request only 1 or 2 quotes from vendors before buying materials for their projects. This can mean missing an average of 10% in cost savings resulting in lower project margins.
At Field Materials, we've heard all sorts of complaints around the construction material ordering process, shared by our customers. During these discussions, a recurring issue comes into focus – the logistics of material delivery and on-site orders in the field.
Have you faced the situation when you receive a vendor invoice for an order that doesn’t have a dedicated PO in your accounting system? Maybe you placed that order over the phone or email and forgot to create a PO? Field Materials’ AI technology automatically scans the invoice and creates a PO at a click of a button, helping you save the time needed to manually enter data.
Purchasers often need to split the requested list of materials across several vendors. This usually requires setting up separate POs and checking warehouse inventory. This can easily take 30-40 mins. Specialized software can help you get this done in 3-4 mins!
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Phone: 415-237-3727
Email: support@fieldmaterials.com
