Construction, Real Estate and Built Environment
Industry Overview
Fast Forward supports organizations in construction, homebuilding, and built-environment operations where project-based financials, procurement controls, and supply chain integration are critical. We help these organizations bring structure and visibility to complex, multi-project environments.
Key Challenges
• Project cost management across large portfolios of concurrent construction or development projects
• Procurement and subcontractor management with complex lien waivers, retainage, and compliance requirements
• Revenue recognition complexity for percentage-of-completion and milestone-based contracts
• Integration between field operations, project management, and enterprise financial systems
• Real estate portfolio management including lease accounting under ASC 842 / IFRS 16
How Fast Forward Solves it
• SAP S/4HANA for Construction and Project Systems (PS) configuration
• Project cost management with earned value analysis and variance reporting
• Procurement and subcontractor workflow automation with compliance controls
• Lease accounting configuration for ASC 842 / IFRS 16 compliance
• Real estate portfolio management using SAP RE-FX
Relevant SAP Solutions
• SAP S/4HANA for Construction
• SAP PS (Project Systems)
• SAP RE-FX (Flexible Real Estate)
• SAP Ariba for Procurement
• SAP RAR for Contract Revenue
• SAP Analytics Cloud
Business Outcomes
• Real-time cost-to-complete visibility across active projects and portfolios
• Reduced procurement risk through structured subcontractor compliance workflows
• Accurate project revenue recognition reducing audit findings and restatement risk
• Compliant lease accounting for all owned and leased real estate assets
• Improved cash flow management through better project billing and collections visibility
Why Fast Forward
Construction and real estate SAP implementations require an understanding of project-based business models that most ERP consultants lack. Fast Forward brings both the technical configuration depth and the industry knowledge to design solutions that handle real-world project complexity from multi-phase developments to large homebuilding portfolios.