The grand event was held at JW Marriott, and approximately 400 clients, business associates and colleagues attended! We presented cheques to Kiwanis Job Training Centre (KJTC), National Stroke Association of Malaysia (NASAM) and Beautiful Gate - caps for Long-Service Award There were also awards for Long-Term Business Partnership Award, IFCA Integrated Solutions Award and IFCA Long-Service Award. Click here to view the photos.
We launched IAP in Google Singapore. IAP is a collaboration with Google Cloud, and we aim to nurture and develop local prop-tech companies by providing fundraising, business networking and mentorship. If you have a prop-tech start-up, submit your application to email@example.com or IAP@ifca.com.my
IFCA posted 9M17 net profit of RM5.9mil vs.RM4.4mil loss in 9M16, and has been in the black the previous five quarters. For 3Q17, the revenue was up 11.7% on-quarter.
The 30th Anniversary celebration started with a roadshow – KL, Penang, JB and Kuching. Many keywords were shared - AI, BI, Machine Learning, Data-Driven Marketing, Programmatic Ads, Cloud - and if you are keen on finding out more about them, get in touch with us. Anish Malhotra and Dennis Ser from Google Cloud also spoke at our event.
We generated leads that exceeded the projected numbers for a project with balance units in Penang. Previously, we generated more than 4,417 leads within 4.5 months for a project in KL. Get in touch with us if you are interested in a data-driven campaign for your project.
IFCA MSC Berhad embarked on a transformational programme known as IFCA 2.0, which aims to strengthen positive growth rates for the next few years. Find out more about it here.
We understand your key pain points and that has allowed us to deliver a fully-integrated construction management solution that features the industry’s best practice. Since its inception in 1992, P365 C+ has been assisting construction companies of all sizes to make course corrections while they can still change the outcome.
Some construction companies are spending more than half of their time focusing on troubleshooting data and trying to collate spreadsheets to really understand what’s actually happening. That would all be in the past with P365 C+.
P365 C+ provides you with an overall view across projects, phases and companies. From day-to-day budget to procurement of material, awarding contracts to contractors’ performance, and construction progress to projects’ cash flow – all these are collated and presented to you in an easy-to-view manner that is easily accessible with just a simple login. You will be able to view all cost aspects and how they relate to each other.
You can track all the financial metrics of a project including:
Productivity continues to be a challenge and financial returns for contractors are often relatively low. Critical reports such as project cash flow often arrive too late for decision making, and this result in cost overruns. Bringing these information together by compiling spreadsheets manually takes forever, and it could lead to mistakes and leave project teams with a poor understanding on how their projects are doing and where they are going.
By automating your project’s cash flow analysis by combining data from various departments with P365 C+, you can monitor it closely to ensure that your project can be finished on time, on budget and still yield a satisfying profit.
From the initial stages until the closure of project, quick decisions can be made based on a full picture, and not just based on bits of information that are kept in silos in different departments in your company. P365 C+ integrates your budget, procurement, contract and sub-contracting, project and financial accounting to help you automate cash flow based on work plans and activities.
There is a variety of factors that influence construction costs. In general, cost overruns are due to change in project scope, technical complexity due to project size and poor estimation. Those factors are beyond your control, but there are things that are within your control, such as materials, labour and equipment.
A construction project depends on having the right people with right skills, and equipment that is able to deliver the project on time and on budget. Having the right materials in the right place at the right time is crucial. With P365 C+, you can control and manage your budget and costs at the project level and across departments, while optimising accounting processes.
Senior Finance Manager of Quill Construction, Ms Jessica, talks about how P365 C+ has simplifed the company's construction management processes and allowed them to monitor profit recognition for each project closely.
You can access real-time in-depth data to make quick informed decisions that could lower costs and build greater efficiency. When you integrate P365 C+ with BI365, IFCA’s business intelligence solution, you can track project performance, cash flow, sub-contract statuses and loads more. This management dashboard can be customised to pull data that is important to key personnel in your company and it is presented in a visually pleasing manner.
With BI365, you can say goodbye to going through manual spreadsheets or reports. Select and view the reports that you want in just a few clicks with BI365!
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