India’s leading end-to-end Information Technology (IT) solutions provider for the infrastructure industry, Highbar Technocrat Ltd. (Highbar) offers two innovative automation solutions for large construction projects.
Highbar’s ‘Easy-Bid’ – next-generation ‘Estimation and Tendering’ software. With a 360-degree view of the overall project cost, Easy-Bid can streamline the estimation process and increase efficiency.
Estimation is one of the core processes for the Engineering, Construction & Operations (EC&O) industry. Traditionally, knowledge and information while preparing estimates resided with individual estimators. Dependence on individuals, improper planning and missing costs etc. often led to inaccurate estimates and budget escalations during estimation. Accessing of historical information quickly and easily, ensuring apt assessments in item rates, lump sum, cost plus and cover for all models like BOT, EPC, etc. for a time-bound submission makes the task complex and challenging.
“Trying out various estimation scenarios manually/ with excel sheets/ improper software requires a lot of time and efforts. Given the time crunch, companies must not miss the opportunity and get an accurate estimation. Dependence on individuals, improper planning and missing costs lead to inaccurate estimates and budget escalations during estimation. Highbar Technocrat has demonstrated expertise in handling end-to-end business transformation for private, public and government sectors. Our depth of understanding of the infrastructure and construction domain covering both urban and industrial infrastructure has enabled us to offer future-ready and fool-proof Estimation and Tendering insights for our prestigious customer.”
Easy-Bid a productivity enhancement solution is a very user-friendly solution. It reduces the learning curve for the users to a great extent and stabilizes the system in a short period. Highbar, with its alliance partners, provides estimation solution which covers all scenarios of estimation and tendering. Integration with major ERPs facilitates the use of estimate data during the execution phase. The resource libraries enable to store the knowledge and information of experts and make it part of the system. Multiple users can work parallelly on the same projects and components saving time.
Highbar’s sub-contractor billing solution addresses a key pain point in large construction projects. Large construction projects suffer from the complexity of managing a large number of vendors, service providers and sub-contractors, leading to wide-spread inefficiencies in managing the operations, estimating costs and materials.
Automation of sub-contractor billing enables better visibility of expenses and cash flows, allowing project managers to use their project funds optimally. Timely payments also drives better relationships with suppliers, adding further value to the ecosystem that the project management team operates.
