IFS ERP

Construction organisations focused on projects all share a common goal: ensuring project profitability. Project margins vary across industries, with the construction sector typically ranking lower, where a 4% margin is considered favourable. Given the combination of narrow margins, high unpredictability, and intense competition, both locally and globally, it doesn’t take much for a profitable project …

The Big 6: Project Cost Reduction & Increased Margins Read More »

Risk is inherent in every construction project, especially as many companies confront tighter profit margins in the industry. Successfully managing these risks means recognising both the potential advantages and pitfalls they present and implementing effective strategies throughout the project. Additionally, factors like labour shortages and supply chain disruptions further compound the challenge of tendering profitably. …

The Big 6: Reduce Commercial Risks throughout the Project Read More »

In the realm of construction and engineering, AI and Automation entail the deployment of machines and computer systems capable of executing tasks traditionally reliant on human intelligence. These tasks encompass various aspects including design, planning, monitoring, and analysis. With challenges in the industry poised to intensify, numerous companies are turning to AI and Automation solutions …

The Big 6: Increased Efficiency via Process Automation & AI Read More »

Visibility is crucial for modern contractors, as it provides structure, risk mitigation, and control over project finances. However, many software packages in the market fail to address these needs adequately. IFS solutions address this gap by offering tools that ensure projects are completed on time, on budget, and at high quality, thus contributing to the overall success …

The Big 6: Increased Visibility over your Whole Business Read More »

Combine deep industry and function strength with intelligent and autonomous capabilities with IFS, an all-in-one platform. One of the primary challenges in the Construction & Engineering industry is managing numerous disparate systems and data sources. IFS Cloud provides an all-in-one platform, a single source of truth, that brings together your financials, project management, procurement, human …

The Big 6: All-in-One Platform, wherever you are Read More »

IFS Cloud ERP is driving digital transformation in the Construction and Engineering Industry. In the past decade, the construction and engineering industry has been on the cusp of a digital revolution and now it is finally here. In recent years, there has been a gradual adoption of digital technologies to future-proof businesses and for most …

The Big 6: Future Proofing through Digital Transformation Read More »

Achieve The Big 6 in Construction with IFS Cloud and Wyre Solutions! https://wyresolutions.co.uk/wp-content/uploads/2024/04/The-Big-6-Teaser-Video.mp4 Get ready to discover how “The Big 6” with IFS will revolutionise your construction business. To get you all excited, here is a little teaser video 🎥 Stay tuned for the campaign, where we’ll unveil the full scope of The Big 6 …

Achieve The Big 6 in Construction with IFS Cloud and Wyre Solutions! Read More »

In 2024, we anticipate notable progress in construction and engineering, driven by the imperative to enhance competitiveness, embrace efficient digital strategies, and seek out fresh revenue avenues. Amid ongoing challenges like escalating labour shortages, the industry is increasingly turning to digital innovations such as AI for operational automation and optimisation. Companies are pivoting towards becoming …

2024 Construction & Engineering Industry Trends and Predictions Read More »