Construction Procurement Software
Purpose-Built for Project Procurement & Materials Management
Manage purchasing & materials for multiple construction projects for one or many clients within a single software. Completely segregated project data and unrivaled customization for each project.
Real-time project-specific data, including project budget reports, project completion reports, construction material status updates, cross-project material inventory availability, and much more!
Simplify construction material management with allocation-based releases. By releasing materials based on allocations you are tying your inventory requirements to its end use location.
Cloud-Based, Project-Driven Construction Procurement Software
Keep Your Construction Projects on Schedule. And on Budget.
Ensure real-time supply chain visibility for each of your construction projects within an accessible cloud-based platform acting as the single source of truth for your entire material purchasing and management process.
Current SCM makes it easy to organize and visualize your project-specific material purchasing and management data. Offering a wealth of real-time project-centric analytics, Current SCM ensures project visibility and spend transparency at all times. Whether looking for high-level updates or detailed breakdowns, Current SCM’s robust reporting engine allows you to develop a library of highly customized real-time reports to meet specific project needs.
Unrivaled Project-Centric Flexibility
Every construction project is unique. Project purchasing requires flexibility, which is precisely what Current SCM provides. Current SCM excels in accommodating diverse project requirements with unrivaled project customization options, including project-specific teams, approved vendors, locations, budgets, milestones, cost structures, workflows, bid evaluations, terms, reports, and much more! From preconstruction material planning to jobsite delivery, Current SCM offers convenient cloud-based access to real-time data to ensure informed decisions, expedite action, and keep your projects on time and on budget.
Streamline complex construction purchasing and subcontracting with Current SCM.
Key Features for Construction Procurement
Unrivaled Project Customization & Control
To accommodate the unique requirements of each construction project, Current SCM offers unrivaled project customizations, such as project-specific teams, roles & permissions, approved vendors, locations (e.g., bill to, destination, store at, fabricate at), budgets, milestones, currencies, tax structures, business rules, chain of orderables, workflows, bid evaluations, payment terms, contract terms, documents numbering rules, vendor evaluations, vendor diversity types, IncoTerms, release terms, inventory, reports, and much more!
Start Project Planning Even with Only Preliminary Information
Still waiting on missing information before initiating your purchasing planning? Not anymore. With Current SCM you can easily scaffold project purchasing plans with only preliminary information.
- Add users to the Project Team
- Set up the default cost codes, sourcing strategy, Bid type, Order type, and fulfillment strategy
- Standardize or customize material names, identifiers, and/or descriptions
- Quickly draft the chain of orderables for a purchase
- Create Requisitions with as little as a name and identifier number
- Add or edit information as it becomes available
Once scaffolded, dates can be attributed to form your Project Plan.
Cost Reduction Through Robust Bid Evaluation & Analysis
Current SCM ensures a clear path to the most competitive Offer:
- Customizable Bid evaluation templates
- Automatic Bid spreads
- Bid Comparison Grid with Offer normalization to ensure apple-to-apple comparison
- Compare Offers side-by-side (e.g., pricing, lead times, IncoTerms, payment terms)
- Compare Offers on a price per unit basis (e.g., if a transformer’s capacity is measured in kVA, the application can report the cost in terms of kVA)
- Compare Offers to historical Offers within a defined period (e.g., average Offer price)
- Compare Offers to historical Orders within a defined period (e.g., last price paid)
Integrated Materials Management & Expediting
With Materials Management integrated into the Purchase Order, Current SCM provides a seamless platform to purchase and manage your materials.
Current SCM provides complete and flexible construction material management support to efficiently manage material through planning, purchasing, tracking, expediting, inspecting, and receiving. Leverage real-time inventory reporting by project, business, or location to ensure you are optimizing inventory and purchasing only what you require. And when purchasing is required, leverage powerful line-level Order status updates to manage key milestones, monitor delivery schedules, and proactively identify any material shortages or delays.
Whether your fulfillment strategy is to purchase, draw from existing material inventory, or a mixture of both, Current SCM can help.
Real-Time Project-Specific Reports
Current SCM offers a project dashboard outlining critical project KPIs, as well as a wide array of customizable, real-time project-specific reports, including:
- Project Cumulative BOM (Bill of Materials)
- Project Budget Report
- Project Dates Report
- Project Completion Report
- Project Over Under
- Project Document Requirements Report
- Project Outstanding Document Submissions
- Project Invoice Aging Report
- Project Inventory Valuation Report
- Project Financial Summary Report
- Project Cost by Code Report
- Project Cost by Diversity Type
- Project Stale Transactions Report
- …and much more!
Highlights for Construction Procurement
- Cloud-Based Procurement Software
- Integrated Materials Management
- Integrated Vendor Document Requirements (VDR)
- Segregated Project Access
- Project-Specific Milestone Dates
- Project-Specific Cost Structures
- Project-Specific Business Rules
- Requisition Management
- Project-Specific Approval Workflows
- RFQ and Bid Management
- Bid Comparison Grid
- Project-Specific Bid Evaluations
- Project-Specific Approved Vendors
- Purchase Order Management
- Subcontractor Service Order Management
- Material Expediting
- Vendor Document Expediting
- Milestone Expediting
- Project-Specific Contract Templates
- Project-Specific Payment Terms
- Project-Specific Supplier Evaluations
- Project-Specific IncoTerms
- Inspection Management
- Project-Specific Release Terms
- Project-Specific Receiving Report Terms
- Vendor Invoice Matching
- Real-Time Project-Specific Reports
- Project-Specific Inventory
- Cross-Project Inventory Transfers
- Project-Specific Asset Management
