ST Comp Holdings
ST Comp Holdings
ERP
Property · ERP

Spend two years building it. Know where the money is every week.

Budget, commitment, certified work and cash out on one project ledger — so cost overrun is something you see coming rather than something you discover at handover.

See the closePick your industry
Project cost positionAll active projects · Live
PackageProjectStatusCommitted vs budgetNext action
SubstructureTower ACertified96%Nothing due
M&E installationTower AOver112%Variation raised
FaçadeTower BClaimed104%Certify claim 7
Fit-outPodiumAwarded—Site possession
External worksPhase 2On budget88%Nothing due
Retention held12 contractsWatchRM 6.2m2 releases due

The close finishes on the fourth.

Not because anyone works faster, but because the postings happen as the work happens instead of being assembled from paper in the first week of the following month.

0working days, on a twelve-day month-end
  1. Day 01

    Cut-off, all stores counted

    Every location closes its own count. No store waits on another.

  2. Day 02

    Goods received not invoiced matched

    Receipts without invoices are found and accrued, not discovered in March.

  3. Day 03

    Accruals and prepayments posted

    Standing entries post themselves against the schedule they were set on.

  4. Day 04

    Departmental P&Ls issued

    Every head of department gets their own numbers the same morning.

Day 05Review, then nothing.·Days 06 to 12 stop being month-end at all.

On this system4 days
Assembling it by hand12 days

Both runs are drawn on the same twelve days, so the gap between them is the thing you get back — eight working days a month, every month.

What property operations actually run.

Project cost, contractor claims, retention and the units you are selling while you build them.

  1. 01

    Project cost ledger

    Budget, commitment, certified value and cash out held per project and per cost code, so the gap between committed and spent is never a surprise.

  2. 02

    Contractor progress claims

    Claims submitted, measured, certified and paid on one trail, with variations priced against the contract rather than agreed verbally.

  3. 03

    Retention and defects

    Retention held per contract, released on practical completion and at the end of the defects liability period, automatically rather than when someone remembers.

  4. 04

    Unit sales and collections

    Units, bookings, sale and purchase agreements, progress billings and collections against the construction stage they are billed on.

  5. 05

    Variation control

    Every variation order priced, approved and posted to the cost code it affects, so the budget reflects the project as it is now.

  6. 06

    Handover and defects

    Handover inspections, defect lists and rectification tracked per unit through the liability period.

How the numbers get there.

Four steps, each of them a posting rather than a report someone writes afterwards.

  1. 01

    Set the budget by cost code

    The project budget is broken to cost codes once, which is what every later number is measured against.

  2. 02

    Commit before you spend

    Awarding a package commits the money immediately, so the exposure is visible before a single claim arrives.

  3. 03

    Certify the claim

    Progress claims are measured and certified against the contract, with variations priced rather than absorbed.

  4. 04

    Bill the stage

    Progress billings to purchasers follow the construction stage actually reached, and collections are tracked against them.

project ledger, budget to handover
1

project ledger, budget to handover

of retention released on schedule
100%

of retention released on schedule

cost overrun caught before it lands
−18%

cost overrun caught before it lands

Targets the system is built to hit, not results measured at a named client.

The same ERP, built for the other five.

Each build has its own stores, cost model and compliance surface. Move between them here.

The rest of the platform, for property.

Three products on one data model and one vertical taxonomy. The industry you picked here is the industry you get there.

CRMEvery enquiry answered in seconds and written to a customer record.CRM for Property
SRMSuppliers scored, certificates current, POs and invoices matched.SRM for Property

Property ERP, answered.

The questions this industry asks before anyone signs anything.

Yes. Claims are submitted, measured, certified and paid on one trail against the contract, with variations priced and posted to the cost code they affect rather than agreed verbally and reconciled later.

See it running on property numbers.

Tell us how stock, purchasing and month-end work for you today. We will show you the build that fits, with your own operation in front of you.

Talk it throughStart a project