The construction business is one of the most challenging businesses, involving huge coordination and documentation with subcontractors for non-core activities commissioned to them. As a part of the contract, companies have to pay advances, issue materials, etc. to subcontractors.
It is difficult to track advances, material issued to subcontractors, arrive at accurate escalation percentages, etc. This has led to the construction industry looking seriously at standardising and automating the entire subcontracting process to provide faster and more accurate results.
Keeping all these challenges in mind, Highbar has come up with a strategic solution for subcontractor process management, which is built on SAP ECC ERP or SAP S/4 HANA Platform and integrated with existing processes.