Background:
Leaders fort Corporation (LFC), an affiliate construction company of Emaar, was Launched in Dubai 2006 with a focus on establishing trust and reliability in the industry. To support their business needs, LFC utilized a range of diversified software products, including CorporateStack CRM, the Project module, CorporateStack Assets, and CorporateStack HRMS. These solutions played a crucial role in advancing the company towards its goals.
Challenge:
Leaders Fort Contracting (LFC) main focus was to successfully grow their business in the GCC region and at the same time, to address the existing technical pain points that might hinder them from achieving their goal while counting on the construction expertise they have accumulated during the last ten years. From day one, the company’s daily work operations of sales, HR, and past and ongoing Projects required a smart financial tracking system that can cope with their rapid growth rate and the market’s fast nature.
Solution:
CorporateStack’s diverse software products, featuring scalable solutions for managing sales, assets, and projects with complex workflows and dynamic costing capabilities, were instrumental in addressing Leaders Fort Corporation’s (LFC) technical challenges. The integrated SaaS modular-based solutions seamlessly plug and play with existing systems, particularly in finance, while also providing an end-to-end HR module capable of efficiently handling personnel and payroll needs. This comprehensive approach has effectively filled the gaps in LFC’s system, enhancing operational efficiency and productivity.
Implementation:
CorporateStack worked closely with the Leaders Fort team to understand their processes and needs. The implementation process involved:
- CorporateStack HRMS: Initially starting with fewer than five users, the HRMS system grew to support an organization of over one thousand employees with diverse needs. This included managing personnel effectively, developing talent acquisition strategies, measuring their impact on business growth, utilizing analytics for workforce challenges, data management, strategic insights, defining work processes, fostering innovation, easing payroll management, and ensuring compliance with labor laws.
- CorporateStack CRM: The CRM system was instrumental in developing complex projects, costing, and commercial proposals for hundreds of mega construction projects. Key functionalities included managing remote construction office data, arming salespeople with value propositions, communicating effective tactics across departments, evaluating teams for growth needs, understanding market needs and challenges, and tracking ongoing meetings for lead conversion and revenue generation.
- CorporateStack Assets: The Assets solution effectively tracked the ownership of over ten thousand construction offices and their assets. This involved making informed decisions on asset management, purchasing appropriate assets based on data-driven decisions, monitoring asset usage and costs, minimizing downtime, optimizing asset allocations and returns, and defining workflows for asset utilization.
To ensure a smooth transition and ongoing optimization, CorporateStack’s team provided dedicated support for Leaders Fort’s specific needs across the CRM, Assets, and HRMS platforms. We remain committed to delivering exceptional service and continued support as you leverage these solutions to enhance your operations and achieve your business objectives.
Results:
The Implementation of CorporateStack’s HRMS, CRM, and Assets solutions empowered the company to prioritize customer needs with customizable, scalable, and flexible software solutions:
- CorporateStack HRMS: We developed workflows tailored to GCC region best practices, incorporating letterheads, stamps, and compliance with current labor laws. During a KPMG audit of LFC’s processes and operations, no comments were made on the platforms supporting over 1000 employees, demonstrating their effectiveness in meeting market demands.
- CorporateStack CRM: Transitioning from Excel sheets to CRM enabled the creation of an end-to-end sales cycle, encompassing prospecting, complex quotation management, approval processes, content customization, submission timelines, and tailored workflows.
- CorporateStack Assets: Prior to CorporateStack Assets implementation, 10 out of 150 assets were completely lost. With precise monitoring and ownership tracking of over 5000 assets, significant cost savings were achieved through improved asset management strategies. This implementation resulted in substantial time and cost efficiencies.
Conclusion:
By leveraging CorporateStack ERP at Electro Cable Egypt has resulted in a transformative partnership, leveraging ERP solutions to optimize operational efficiency and drive business growth. By implementing tailored modules including asset management, finance, supply chain, and CRM, Electro Cable Egypt has streamlined processes, enhanced data visibility, and improved decision-making capabilities. The standardized asset coding, integrated finance processes, and customized supply chain workflows have facilitated accurate tracking and reporting, leading to better stock management and financial insights. The CRM customization has empowered the sales team with detailed cable specifications, improving sales effectiveness. This collaboration underscores CorporateStack’s commitment to supporting Electro Cable Egypt’s specific needs and ensuring ongoing success through innovative ERP solutions.