| Supplier | Rate a tonne | Delivery | Total | Status |
|---|---|---|---|---|
| Supplier A | ₹58,400 | 7 days | ₹70,08,000 | Lowest |
| Supplier B | ₹59,150 | 5 days | ₹70,98,000 | +1.3% |
| Supplier C | ₹60,900 | 10 days | ₹73,08,000 | +4.3% |
Construction
Construction ERP for builders: purchase, stores and contractor bills
LoftRay Construction takes material from indent to purchase order, goods receipt and a matched bill, and contractor work from work order to measurement and RA bill. Site stores, daily progress reports and quality checks are in the same place. When a milestone is certified, buyers’ demands follow in Collections.
Purchase · Quote comparison
RFQ/0114 · TMT steel Fe 550D · 120 tonnes
Who it’s for
Who uses LoftRay Construction?
The people who answer for this part of the project, and what each of them gets from it.
Project head
Sees progress, quality checks and site photos, and certifies the milestones that trigger demands.
Purchase manager
Compares quotes side by side, uses rate contracts, and matches every bill to its order and receipt.
Stores in-charge
Knows the balance in each store, with reorder alerts before material runs out.
What it does
What does Construction do?
Everything listed here works in LoftRay today.
Buy material
Indents from site, requests for quotation with quote comparison, rate contracts and purchase orders.
Receive and pay
Goods receipt notes, bill matching against the order and receipt, debit notes, and payments with TDS sections.
Run site stores
Balances, issues, returns, transfers between stores, stock counts, write-offs, reorder alerts and valuation.
Manage contractors
Work orders, measurements and RA bills, with advances recovered and retention released when due.
Report from site
Daily progress reports, quality inspections and site photos, tied to the project and its milestones.
How it works
How Construction works, step by step
Site raises an indent
The site asks for material against the project.
Quotes are compared
An RFQ goes to suppliers and their quotes are compared side by side, or a rate contract is used.
The order is approved
The purchase order goes through your approval chain.
Material arrives
The store records a goods receipt, and the balance updates.
The bill is matched and paid
The supplier’s bill is matched to the order and receipt, then paid with TDS applied.
Questions
Questions about Construction
Can contractor RA bills hold back retention?
Yes. RA bills are built from measurements against the work order, with advances recovered and retention held back and released later.
Can we run more than one store per project?
Yes. Each store has its own balance, and material moves between stores with transfers. Counts, write-offs and valuation are recorded too.
Keep reading
Related modules, tools and guides
See your own project in LoftRay
Tell us about your projects and we will set up a 30-minute demo with your towers and payment plans, not generic sample data.