Subcontracting of work is common in manufacturing because of the inability or lack of technology in the company etc. The subcontractor is in charge of maintaining the process documentation which is a long and error-prone process. The companies should have a solution to maintain records and documentation.
Construction business is one of the most challenging businesses involving huge coordination & documentation with subcontractors for non-core activities commissioned to them. As a part of the contract, companies have to pay advances, issue materials etc. to subcontractors. It is difficult to track advances, material issued to subcontractors, arrive on accurate escalation percentages etc. This has led to the construction industry looking seriously to standardise & automate the entire subcontracting process to provide faster and more accurate results. Keeping all challenges in mind, Highbar has come out with a strategic solution for subcontractor process management, which is built on SAP ECC ERP or SAP S/4 HANA Platform & integrated with existing processes.
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