EC&O BUSINESS

Business Benefit Due to OMNI

OMNI Complete EC&O Solution

What is EC&O stands for

Real Estate

Developer
Developer plus contractor

Core construction
EPC
Specialised Equipment (project based manufacturing)

Real Estate Developer

High Level process

Land Acquisition
Customer Acquisition
Feasibility of site and rough cut estimation
Approval of various agencies and BOQ generation
Tendering or Vendor / Subcontracting selection
Project progress and profitability management
Document management (drawing, contract)
P&L management
Balance sheet and tax returns
Maintenance of an assets
Payroll and Human capital management
Procurement and taxes as per Indian requirement

Real Estate Developer & contractor

High Level process

Remain same as Developer

Integrated Project management
Equipment's management
Integrated Supply chain management
Asset accounting as per statutory requirement

Core construction

High Level process

Tendering and Estimation

Project Estimation and Budgeting
Project planning and approval
Integrated supply chain management
Equipment management
Vendor / Subcontracting selection
Project progress and profitability management
Document management (drawing, contract)
P&L management
Balance sheet and tax returns
Payroll and Human capital management

EPC

High Level process

Tendering and Estimation

Project Estimation and Budgeting
Project planning and approval
Integrated supply chain management
Equipment management
Vendor / Subcontracting selection
Project progress and profitability management
Document management (drawing, contract)
P&L management
Balance sheet and tax returns
Payroll and Human capital management

Challenges Observed

Challenges

How many land acquisition in various states and country

Feasibility of construction and estimation
Tracking and monitoring of various approval
Accuracy of manual BOQ calculation and time
Absence of Budget leads to exceed consumptions
Vendor / Subcontracting progress and invoicing
Project progress and activity level variance (plan to actual)
Document management (drawing, contract)version and revision
Profitability tracking month after month against sale
Wastage of material and resources against activity
Project Issue management
Customer invoicing and satisfaction

OMNI Benefits

Assured benefits after successful Implementation

100% visibility of land acquisition across globe

Realistic estimation for saleable area
All approval before and ongoing 100% tracking
98 % accuracy through digital take off from drawing*
100% restriction on quantity overshoot due to budget control
3 to 5 % saving on vendor and subcontracting activities
Integrated project management gives real time variance
As design to As built document management proper version
100% profitability monitoring against estimated activities
95% control on Wastage of material and resources
Timely closure of issues and saves 2% of project cost
Timely invoicing maintain cash flow to improve profitability
* Drawing needs to be created in specified formates

ROI - Assured

Assured ROI

Project Value = 50 crore

Overhead cost = 4.5 crore

Project Duration 18 months

Assured return after successful OMNI Implementation

Time reduction 1 month

Subcontracting efficiency 10% improvement
Indirect cost saving 25L
Material wastage saving 60L
Timely Invoice improves cash flow and reduce bank interest

Let us work together

Thank You!

www.aspirtek.com
+91-22-65279447
+968-99877967