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Sunday, 18 May 2014

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Bangladeshi property developer selects IFS applications

Rangs Properties Limited, a leading property developer in Bangladesh, has chosen IFS Applications to streamline business operations across its nation-wide property projects.

Rangs Properties Ltd, a sister concern of Rangs Group, builds apartments and commercial complexes at prime locations.

Due to the rapid development of housing and infrastructure projects in the country, Rangs Properties needed a robust and agile business system.

The company opted to extend its IFS solution because of the benefits realised to date, the agility of IFS Applications to accommodate change in the future, and the speed with which IFS could be implemented across the organisation.

By deploying a project-based solution from IFS, Rangs Properties will benefit from enhanced visibility of finance and inventory of projects, improved project planning, estimating, variation controls, sub-contracting and site and asset management.

Rangs Properties Ltd will implement a project-based solution with functionality for financials, project management including sub-contracting and estimating, distribution, HR, document management, and business analytics.

The solution will be installed at the Rangs Group head office in Tejgoan, Dhaka and at 18 additional sites. It will be implemented by IFS consultants with the Dhaka-based implementation partner BiTS (Brac IT Services).

"We found that IFS met our expectations in terms of functionality and deployment," said Deputy General Manager, Head Of IT, Rangs Group, Syed Sazzad Ali.

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