Construction ERP: 12 Essential Questions Every CEO/CFO Should Ask Before Choosing a System
Why Do Construction Companies Need Industry-Specific ERP?
In many construction firms in Vietnam, project management still relies on Excel, disconnected accounting software, and Zalo. This creates major challenges:
- Financial reports are delayed and lack real-time accuracy.
- Difficult to control budgets, materials, and subcontractors.
- Projects often exceed budgets, with material waste and site losses.
A cloud-based Construction ERP system such as Acumatica Construction Edition solves these problems by connecting finance, projects, inventory, and field operations on a single platform.
Roberts Glass streamlined financials and project management with Acumatica Construction Edition, boosting efficiency and gaining real-time profit control. Discover how!
More about case study roberts glass
The 12-Question ERP Checklist for CEOs and CFOs
Before choosing an ERP system, construction leaders should ask:
- Can the system manage real-time budgets by project phase or cost code?
- Does it support Change Orders, Retainage, and subcontractor contract management?
- Can the CFO track project cash flow and forecast profit/loss during execution?
- Does the ERP support both VAS and IFRS, preparing for Vietnam’s 2025 adoption?
- Does it provide dedicated dashboards for CEO, CFO, and Project Managers?
- Can engineers upload field logs, photos, submittals, and RFIs directly from mobile devices?
- Can the ERP manage project-based procurement and deliver materials directly to job sites?
- Does it track material waste and site losses?
- Can it integrate with BIM, AutoDesk, or Procore?
- Does it support multi-company, multi-project, and multi-currency in one platform?
- Is licensing based on Unlimited Users or per-user pricing?
- What is the average implementation time? Can the ERP be deployed in phases (finance first, projects later)?
Why Choose Acumatica Construction Edition?
- Single source of truth: All project, financial, and material data in one system.
- Real-time dashboards: CEOs and CFOs get instant insights—no need to wait for month-end reports.
- Mobile-enabled: Site engineers capture data directly from the field.
- VAS + IFRS compliant: Ready for Vietnam’s new accounting standards.
- Cloud-native & Unlimited User licensing: Flexible deployment, no user limits.
Acumatica Construction Edition is purpose-built ERP for the construction industry
Conclusion
Construction CEOs and CFOs should start with a structured checklist of critical questions—not just software license costs—when evaluating ERP systems.
With Acumatica Construction Edition, implemented by S4 Consulting in Vietnam, companies can:
- Control budgets, costs, and profitability.
- Manage job sites, offices, and subcontractors in one unified system.
- Ensure financial transparency and prepare for IFRS 2025 compliance.
About the Author
Pham Hoang Lac – CTO, S4 Consulting
With over 16 years of ERP project leadership experience in Vietnam, Lac has managed large-scale implementations across banking, manufacturing, and construction. At S4 Consulting, he and his team specialize in delivering Acumatica & Oracle NetSuite ERP solutions to help CEOs and CFOs enhance both operations and governance.