Effective planning & analytics is the foundation of a successful project. Modern-day construction requires agility, foresight, and precision for managing timelines, budgets to coordination of teams and resources.

This is where construction analytics & planning softwares’ can help your business in streamlining operations, improving collaboration, and minimizing errors.

As they integrate advanced technologies like real-time data analytics, project scheduling, and resource optimization, they contribute towards the overall cost effectiveness and sustainability of the project.

So let us explore how Maventic’s Construction Management Planning & Analytics Suite can help your business in ensuring projects are delivered on time.

What is Maventic’s Construction Management Planning & Analytics Suite?

It is a planning & analytical suite that is developed on the SAP Analytics Cloud (SAC) platform, which provides businesses with a comprehensive set of tools for planning, scheduling, quality, and resource & material management.

The suite  offers various dashboards covering key performance indicators (KPIs) essential for effective construction management, which helps project managers and stakeholders gain a clear understanding of resource allocation, project progress, cost management, and quality control.

Stay on top of your projects

Maventic’s Construction Management Planning & Analytics Suite gives users access to a planning workbook for critical resource allocation and six different dashboards for project management.

1. Critical resource planning workbook

The workbook assists organizations in planning the number of human resources and duration needed for each project. To make planning easier, there are multiple filters which allow users to plan for a particular resource based on the selected date and project. Depending on the plan, it shows the estimated cost for each resource as well.

2. Project progress dashboard

It showcases critical KPIs that help in monitoring project progress. Users can access reports to analyze the cost, duration, man hours and inception of a selected project.

3. Resource management dashboard

This dashboard gives an overview of planned vs.actual cost and resource quantities of the selected project over time. Thanks to its simplified UI and project-specific filters, users of different levels can easily analyze data.

Businesses can access planned data in real-time as it is integrated with the resource planning workbook.

4. Finance dashboard

Organizations can view and analyze their financial data, which covers KPIs like revenue, bank balance, loan amount, tax, income, expenses and cashflow.

5. Safety management dashboard

Provides data on the accidents on-site and the effects of the incident taken place, along with the damages (cost and human) due to it.

6. Quality management dashboard

Businesses can access KPIs, which help in monitoring the quality of projects. Users can gather insights from the inspection data such as ratings, defects, NCR reports, rework time and cost

7. Real estate dashboard

This dashboard is divided into three separate tabs for ease of convenience;

• The first tab analyzes the rent of different properties. Which includes loss due to vacant properties, rent by area and property type.
• While the second tab includes financial KPIs like profit, loss, income, expenses, and taxes.
• Coming to the third tab, it contains features related to banks, such as bank balance, ROI, etc. that are integrated with the financials tab.

Features of Maventic’s Construction Management Planning & Analytics Suite

Data and version management: Users can seamlessly create private and public versions of the projects based on different categories like forecast, budget, planning, and actual. It also supports the maintenance, creation, and deletion of different versions across the planning tree.

Simple and user-friendly UI: The dashboard, launchpad and workbook have a clean and simple UI. To make it user-friendly, the dashboard also contains filters such as hide button, home button and popups for deeper insights.

Interlinked dashboards: All the dashboards in the suite are interlinked in terms of KPIs. Thanks to the seamless integration of data from various sources, it helps in creating a centralized repository for planning & reporting activities.

Get deeper insights: Popup charts provide detailed information on the KPIs your business is focusing on. Every chart has a graph-like icon that gives a breakdown of all the important information of the selected visualization.

Why choose Maventic’s Construction Management Planning & Analytics Suite?

With 70+ analytics experts who have worked across 20+ SAC projects, 10+ Non-SAP projects, and 5+ Datasphere projects, we offer analytics services covering multiple platforms including SAP ERP, CRM, SCM, CAR, and Non-SAP Data Sources.

We can help your business with implementation, support services, performance optimization, and audit processes.

Make smarter financial decisions with Maventic's Financial Planning Suite

Financial planning tools play a crucial role in today's business-age. They help organizations in planning, controlling, and monitoring financial transactions. Businesses focusing on profit maximization and increasing cost savings need to ensure that they maintain a steady cash flow.

This is where financial planning tools come in; they can help you keep a track of inflow and outflow of cash while budgeting for future expenses.

What is Maventic’s Financial Planning Suite?

Developed on the SAP Analytics Cloud (SAC) platform, the Maventic Financial Planning Suite helps businesses with end-to-end planning, budgeting, and reporting based on the organization's financial strategies.

Organizations can comprehensively plan across multiple areas like revenue, expenditure, capital expenditure (CapEx), balance sheet, cash flow forecasting, variance analysis, and more.

The suite also provides businesses with a collection of pre-configured planning workbooks & data actions that can be customized with customers' business logics.

It also consists of a wide range of summary dashboards for higher management such as CEO, CFO, COO, CHRO, Management Summary Dashboard and more.

Take financial planning to the next level

The solution helps businesses break down financial planning across 5 different workbooks, namely;

1. Revenue planning

Helps users plan/forecast for direct/in-direct revenue streams from profit centers.     It supports multiple currencies.

Additionally, it has the functionality to leverage a previous year’s actual/plan data as reference for the subsequent year’s planning activities.

2. Expenditure planning

Expenditure planning enables organizations to plan / budget costs with respect to cost centres, users can plan/budget - labor, non-labor, operating expenses, overhead costs, and more.

And it can leverage previous year’s data as reference for future planning activities.

3. Balance sheet planning

Businesses can strategically plan and manage their assets, liabilities, and equity.

It also enables decision-making by evaluating financial strategies based on economic conditions.

4. CapEx planning

This planning workbook helps users in planning Capex outlay at a granular level. Capex plans can be created, modified, or deleted. Users can also access a comprehensive summary sheet for each Capex plan to enable collaborative planning.

5. AR & AP period planning

Through this, organizations can develop proactive collection and credit strategies by providing insights into customer payment behaviors. It also allows businesses to implement strategies for maintaining a healthy cash flow and improving working capital.

Take charge of your finances with clear and powerful reports at your fingertips

Users can access 5 different kinds of reports based on their businesses' strategic objectives.

1. Profit & loss report

This report provides organizations with a view of revenue, costs, and expenses, offering a detailed breakdown of the company's profitability. It helps in evaluating the performance of business units, product lines or profit centers, which facilitates informed decision making to enhance overall financial health.

2. Income statement

It helps in breaking down the sources of revenue and categorizes the various direct and indirect sources of income during a given time period.

This breakdown helps users understand the organization's income streams.

3. Cash flow report

Users can view a detailed analysis of the inflows and outflows of cash/cash equivalents. 

4. Balance sheet report

Provides a comprehensive overview of financial planning by enabling organizations to view actual/plan and manage their assets, liabilities, and equity.

5. Earnings per share (EPS) Report

It gives users access to EPS figures across different reporting periods, allowing stakeholders to identify trends, patterns, and the consistency of earnings.

Features of Maventic's Financial Planning Suite

• Variance analysis- It enables users to compare and analyze data from different versions (actual/multiple versions) over various time periods. This helps in identifying areas and segments where actual performance deviates from planned or budgeted performance.
• Value Driver Trees (VDT)- Unlock the potential of what-if analysis with VDT. It lets you explore multiple scenarios, anticipate outcomes, and model the impact of different factors that may affect your business performance.
• Summarized dashboards for higher management- These pre-delivered summarized dashboards give a holistic view of your organization’s financials for your top management.
• Granular planning: It allows detailed and precise financial planning at every organizational level.
• Efficient budgeting: Users can easily streamline the budgeting process to enhance efficiency and accuracy.
• Customization and strategic insights: Businesses can make strategic informed decisions, thanks to the actionable insights the suite provides. Organizations can easily tailor their financial planning and reporting according to business needs.

Why choose Maventic's Financial Planning Suite?

With 70+ analytics experts who have worked across 20+ SAC projects, 10+ Non-SAP projects, and 5+ Datasphere projects, we offer analytics services covering multiple platforms including SAP ERP, CRM, SCM, CAR, and Non-SAP Data Sources.

We can help your business with implementation, support services, performance optimization, and audit processes.

Businesses involved in the retail industry understand the importance of meeting consumer demands at the right place, time and quantity. And one of the biggest challenges that most retailers face is buying the right amount of merchandise. This is where merchandise planning comes in.

With smart software solutions available in the market, retailers can calculate and set budgets, track sales, develop purchasing plans based on real-time data, and improve customer buying experiences.

What is Maventic’s Retail Merchandising Planning Suite?

It is a SAP Analytics Cloud (SAC) based rapid deployment solution that provides comprehensive end-to-end strategic and operational planning for retail, wholesale, and digital businesses.

It integrates and facilitates channel level planning, geographical level planning, merchandise /article level planning, and Open-To-Buy (OTB) processes like budgeting, purchase planning, and inventory management.

With its cloud-based planning prowess, businesses can access a centralized repository for all planning activities that enables fast reconciliation of strategic plans with very little manual effort involved.

How can it help your business in merchandise planning?

Maventic’s Retail Merchandising Planning Suite breaks down planning into 4 broad categories through its planning workbooks to help businesses easily get an overview of their merchandising strategy.

1. Channel-level planning

This workbook enables  top-level management to set  strategic plans for the next three years at the channel level. It allows decision makers to analyze and create long-term plans across multiple channels like retail, bulk, B2B and E-commerce.

2. Geographical-level planning

Country-level managers can utilize this workbook to strategize and plan at a geographic level. They can develop tailored strategies for each region depending on where the retailer operates from. Businesses with an international presence can easily account for regional differences and preferences while planning.

3. Product hierarchy-level planning

Through this workbook, store-level managers can create store and brand specific strategies that include factors like local customer preferences, demographics, and performance metrics to ensure planning at a granular level.

4. OTB and Inventory planning

The Open-to-Buy (OTB) planning process helps businesses calculate the amount of additional merchandise needed as per current consumer demands while factoring in the desired inventory levels or budget constraints.

Access to inventory reports assists businesses in providing real-time data on managing inventory levels, which helps them make informed decisions on OTB planning.

Features of Maventic’s Retail Merchandising Planning Suite

• Comprehensive summary dashboard - Provides your business with crucial KPIs for a holistic overview of your organization's vital metrics, catering to both  top-level management & middle-level managements
• Data and version management - Users can create public and private versions based on categories like forecast, budget, planning, and actual. It also supports the maintenance, creation and deletion of different versions across the planning tree.
• SAP integration - Our solution can seamlessly integrate data from various source systems such as SAP S/4HANA, SAP CAR, etc. 
• Powered by SAC’s AI & ML tools -  The planning workbooks also incorporate SAC’s built-in AI & ML capabilities for in-depth & self-service analytics and forecasting, enabling users to make data-driven decisions and optimize strategies effectively.
• Granular Planning - Allows detailed and precise financial planning at every organizational level & supports both top-down & bottom-up planning approaches.

Why choose Maventic’s Retail Merchandising Planning Suite?

With 70+ analytics experts who have worked across 20+ SAC projects, 10+ Non-SAP projects and 5+ Datasphere projects we offer analytics services covering multiple platforms including SAP ERP, CRM, SCM, CAR, and Non-SAP Data Sources.

We can help your business in implementation, support services, performance optimization ,and audit processes.

A Guide to Approaching SAP BTP strategy for Achieving a Clean Core

A Clean Core concept revolves around the idea of 'minimalism in general', and this is achieved by minimizing the customization being done to the core Enterprise Resource Planning (ERP) system. And relying on cloud-based services that are provided by platforms such as SAP Business Technology Platform (BTP) for extensions and innovations.

This approach follows a process where the core systems focus on key business processes and data integrity, while SAP BTP handles non-core functions.

Benefits of Clean Core with SAP BTP

Agile system:

Reducing the number of customizations to the core systems can help organizations upgrade their ERP systems with ease. It benefits them from having the latest innovations and bug fixes released from SAP, therefore resulting in a higher time-to-market for newer features.

Reduced complexity:

The complexity of managing extensions and add-ons is reduced while maintaining a cleaner core. With SAP BTP, businesses can use pre-built integration scenarios, extensions and other applications available on the platform. This eliminates the need for custom-developed add-ons to the core system

Building a scalable and future-proof architecture:

Businesses can seamlessly adapt to evolving business scenarios without losing stability and system performance, thanks to SAP BTP, which provides a scalable cloud platform with services like API management, Workflow, SAP Cloud Platform Integration and more.

Innovating using SAP BTP:

SAP BTP offers businesses to tap into an ecosystem of innovations such as ready-to-use apps, industry-tailored solutions and partner offerings. These innovations can extend the core system's functionality without compromising the ERP's overall performance.

Key steps for developing a SAP BTP Clean Core strategy

Building an SAP BTP strategy for achieving a Clean Core requires carefully aligning customizations, extensions, and innovations outside the core ERP system to reduce complexity, maintain a stable system, and ensure scalability.

1. Understand business requirements and prioritize relevant use cases

• First, begin by identifying key business processes that require extensions or integrations. To ensure stability and ease of maintenance, it is best to leave the core processes untouched.
• You can implement newer innovations to non-core processes, since this is where competitive differentiation and the objectives for achieving your business goals mainly exist. Leverage SAP BTP's side-by-side extensibility to develop and integrate outside the main ERP system for use cases on a priority basis.

2. Assess and categorize customizations

• Evaluating the current custom code: Analyze the custom code that you have implemented across your ERP system using SAP' tools (e.g. Custom Code Migration app) to understand which customizations might be a priority, redundant or should be re-written on SAP BTP.
• Categorization of customizations:
  • Core: Essential processes that must remain in the ERP.
  • In-app extensibility: Minor customizations managed within S/4HANA.
  • Side-by-Side extensions: Innovations, integrations, and heavy customizations that can be leveraged through SAP BTP.

3. Utilizing SAP BTP for side-by-side extensions

• Extend with SAP BTP: For increased flexibility and scalability, move custom logic, analytics, and user interfaces to SAP BTP.
• Low-Code/No-Code tools: Use tools like SAP AppGyver and SAP Business Application Studio for enhanced and dynamic app development.
• SAP Integration Suite: You can integrate non-SAP systems with your current SAP systems with the help of SAP BTP without making any changes to your core ERP.

4. Develop an extensibility strategy

• In-App extensibility: Use tools like Key User Extensibility (UI adaptations, custom fields and more) and Developer Extensibility (ABAP RESTful programming model) for customizations that require direct access to your ERP system.
• Side-by-Side extensibility: To develop and run standalone applications that interact with S/4HANA using APIs, leverage SAP BTP. This approach helps provide custom solutions for any business needs while putting less stress on the core.

5. Governance and best practices

• Governance framework: Establish clear guidelines and policies to determine when to employ in-app development versus side-by-side extensions.
• SAP Fiori/UI5 for UX consistency: Ensure that custom applications adhere to SAP's design principles to maintain consistency across the SAP landscape.
• Automated testing and monitoring: Implement monitoring and testing tools to evaluate the performance, security, and compatibility of side-by-side applications on SAP BTP.

6. Plan for continuous optimization

• SAP tools like Cloud ALM or Solution Manager can help in managing the lifecycle of customizations across development, deployment, and decommissioning.
• Review customizations from time to time to ensure optimization and if they are still relevant to your overall business goals.

Recommended percentage split between core, in-app development, and SAP BTP

• Core (standard ERP processes): 60-70%
  • Standard SAP processes with minimal modifications.
  • These processes should run stable and must receive only the necessary functional updates.
• In-App development (minor extensions and custom fields): 10-20%
  • Low-impact customizations (e.g. adding custom fields or small custom reports).
  • It allows flexibility within S/4HANA in a simple environment
• SAP BTP (Side-by-Side extensions and innovations): 20-30%
  • Major customizations and integrations should be on SAP BTP.
  • Through SAP BTP, apps can easily be developed without compromising system performance and stability

*The percentage split might vary depending on the industry and business needs

This approach minimizes core disruptions, ensuring a stable and agile ERP that can readily adapt to future changes and updates, thus helping you meet your business goals and keeping you ready to innovate.