Solid Development

Africa

Solid Development

Solid Development Connects Operations through ERPNext

About

Solid Development

Solid Development is an Egyptian real estate development company managing a growing portfolio of residential and commercial projects, from early-stage development through handover and sales.

Apps implemented

ERPNext

Industry

Real Estate

modules implemented

Help people to use our tools

We believe our tools like ERPNext can help organizations reduce waste and complexity. Frappe + ERPNext has the potential to be a “full stack” replacement for not only ERP (SAP/Oracle) but also the entire enterprise stack (Java/.NET). With this scope, we should help organizations by providing products and services to help them manage their technology platforms.

Why ERPNext over SAP B1 / Oracle

100% FOSS

Customizable

Future-ready

Challenges

Financial records weren't connected across projects, so tracking revenue and costs per project was difficult
Purchasing for construction materials and supplies relied on inconsistent manual processes that slowed work down
Unit sales, reservations and customer installments were tracked in separate files, disconnected from finance
There was no unified system for project materials inventory, fixed asset records or depreciation
Multiple bank accounts and manual cheque handling across projects made liquidity hard to see
A growing team spread across multiple projects needed centralized HR management

Benefits

Financial records are tied to each real estate project, so revenue, costs and profitability are tracked accurately
Purchasing for construction materials and supplies runs through one system, from request to payment
Unit sales, reservations and customer installments link directly to finance, which makes collections and receivables easier to track
Project materials inventory and fixed assets are recorded in one place, with accurate tracking of quantities and depreciation
Treasury and cheque management are unified across all accounts and projects, giving a clear, immediate view of liquidity
HR processes for the growing team are centralized across projects

Impact

Successful on-time ERPNext go-live

Increased sales order to cash

Increased inventory turnover

Clearer, more transparent financial reporting for each real estate project
Faster purchasing cycles that keep work moving across projects
More precise tracking of unit sales and installment collections, which supports project financial planning
Tighter control over project inventory and fixed assets, which reduces waste
Better visibility and control over cash flow, liquidity and outstanding cheques
A stronger HR foundation for continued growth in staff and projects

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Implemented by

Data Value

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Inspire people by sharing how Frappe has positively impacted your business.

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Share your story with the world

Inspire people by sharing how Frappe has positively impacted your business.

Submit a story

Share your story with the world

Inspire people by sharing how Frappe has positively impacted your business.

Submit a story