Case study > Construction > Development of an ERP System for Finance and Construction Project Budgeting for Skanska
Edge One Solutions supported Skanska in building an ERP-class system integrating key financial and controlling processes within one platform. The solution covered cooperation with banks, invoicing, accounting, receivables management, controlling, planning and budgeting of construction projects, as well as security management mechanisms.
Skanska needed a solution that would integrate distributed financial processes within a single platform. The challenge included connecting areas such as invoicing, receivables, accounting, controlling, and cooperation with banks.
Another important area was adapting the system to the specifics of the construction industry. Construction projects require precise planning, budgeting, cost control, and the ability to respond to dynamically changing cost estimates. The ERP system had to support these processes in a way that was consistent and clear for finance, project, and management teams.
Security and compliance with internal policies and legal requirements were also important challenges. A financial system processes business-sensitive data, so it required coherent access control, permission management, and audit mechanisms.
Edge One Solutions supported Skanska in building an ERP system covering a broad range of financial and controlling processes. The work focused on process integration, adapting the system to the requirements of the construction industry, and ensuring an appropriate level of security.
The scope of work included:
· development of an ERP-class system,
· integration of financial processes within one platform,
· support for cooperation with banks,
· development of invoicing modules,
· support for accounting processes,
· receivables management,
· development of controlling functionalities,
· support for planning and budgeting of construction projects,
· adaptation of the system to changing cost estimates,
· implementation of access control mechanisms,
· support for audit and security management,
· development of the solution using .NET, C#, ASP, Hibernate, and PowerShell.
The Edge One Solutions team built an ERP-class system covering Skanska’s key financial processes. The solution supported cooperation with banks, invoicing, accounting, receivables, controlling, planning and budgeting of construction projects, and security management.
The system was designed to centralize processes that could previously have operated in a distributed way. This made it possible to better organize financial data, settlement processes, and information needed to control construction projects.
In the controlling area, support for investment planning and budgeting was particularly important. The construction industry requires continuous cost control, so the system had to enable teams to work with project data, budgets, and cost estimates in a way adapted to the realities of large infrastructure and development projects.
The solution also included security management. Access control and audit mechanisms helped reduce the risk of unauthorized access to data and supported compliance with the organization’s internal policies.
Construction and real estate companies operate in an environment of high financial complexity. Each project may involve multiple budgets, schedules, cost estimates, subcontractors, settlements, and financing sources. That is why an ERP system in the construction sector must support not only standard accounting processes, but also cost control, investment planning, and project profitability analysis.
In such organizations, data integration is particularly important. Distributed systems and inconsistent processes make reporting, receivables control, budget management, and decision-making more difficult. A central ERP platform helps increase the transparency of financial processes and reduce the risk of errors caused by working across many disconnected data sources.
Projects of this type show that developing enterprise systems for the construction industry requires a combination of technology expertise, financial process knowledge, system integration, security, and an understanding of the specifics of construction projects.
