Rukmao, a construction material procurement platform, is entering its fourth year by announcing a strategic partnership with Mango ERP, a Thai software developer specializing in ERP (Enterprise Resource Planning) systems designed for project management in the contracting, construction, and real estate development sectors, and Vyvr, a ready-to-use construction material loan service. This collaboration aims to deliver a comprehensive solution for procurement, project management, and access to funding sources for contractors and construction businesses nationwide.

This partnership is driven by a shared goal of enhancing the capabilities of Thai contractors by integrating three critical systems: efficient procurement of construction materials through the Rukmao platform, systematic project cost management and progress tracking with Mango ERP, and liquidity support through revolving credit from Vyvr.

Mr. Nat Jiranirandkul, Co-Founder & Product Owner of Rukmao, stated, "Over the past three years, we have been dedicated to developing the Rukmao platform as a tool to alleviate the burdens faced by contractors in every aspect, especially during a time when construction material costs are continuously rising. Rukmao helps contractors keep their costs within the planned budget and empowers them to take on larger projects, even with limitations in manpower and geographical constraints in various provinces, which many contractors consistently face. Another challenge in the contracting business is cash flow. Therefore, we have developed various payment options allowing users to pay in cash, via credit card, in installments, or through credit limits from partners. In the past, we found that these systems helped generate an average of 50-100 new purchase orders (PO) daily on the platform, amounting to over 1.068 billion baht in orders, reflecting the trust and efficiency of the platform in the past year.

Thus, Rukmao is not just a platform; it is a procurement assistant for construction businesses, integrating AI and technology into every step, from product search to price comparison, making the procurement process for construction materials easy, accurate, and cost-effective. This year, we are entering a new phase of growth through partnerships with two key partners, Mango ERP and Vyvr, both leading Thai companies in their respective industries. Mango ERP specializes in project management and internal accounting systems for contracting and real estate development businesses, while Vyvr is a loan application for businesses from Kasikorn Bank designed to address liquidity issues for small operators directly.

Dr. Jachchua Wasawit, Chief Operating Officer of SCG Distribution Co., Ltd., in the SCG Distribution and Retail business, said, "Recently, our company has invested in developing a DISTRIBUTION PLATFORM to enhance customer experience and operational efficiency, with platforms in both B2B and B2C segments, such as Prom Plus, SCGHOME.COM, and Q-Chang. We are also utilizing AI and Big Data to analyze customer behavior for continuous service improvement. The Rukmao platform is one of our flagship initiatives specifically designed for contractors and small operators to elevate the Thai construction industry to be more efficient, transparent, and competitive on a national level.

In an era where technology and consumer behavior are rapidly changing, SCG Distribution and Retail is committed to transitioning from traditional distribution systems to becoming a 'Data-Driven Solution Provider' with seamlessly connected platforms and solutions to meet the needs of all customer segments, from retail and wholesale to large-scale projects.

Additionally, SCG Distribution and Retail continues to support the Rukmao platform in expanding its network of partners, both internally and externally, to foster collaboration among partners with shared goals, which is a crucial factor in enhancing capabilities and driving the Thai construction industry to grow together.

Mango ERP has also contributed to project management systems, particularly in cost control and project status tracking, which are the heart of contracting and real estate businesses.

Mr. Supakrit Somsai, Assistant Marketing Manager at Mango Consultant Co., Ltd., revealed, "Mango ERP is software specifically designed for contracting businesses, real estate development, and project-based work. We help organizations manage costs and projects efficiently while connecting all departments within the organization into a single system, allowing executives to have a clear overview of overall operations. The strength of Mango ERP lies in its ability to manage costs accurately and track project status comprehensively, both in terms of work progress and cost control, which is crucial for contracting businesses.

The collaboration with Rukmao stems from a shared vision to help Thai contractors work as efficiently as possible. Previously, Mango customers would buy and sell based on a list of stores they had previously contacted. With the connection to the Rukmao platform, they can now access new stores nationwide more conveniently and quickly, along with opportunities for price comparison, with Rukmao's system summarizing everything comprehensively. This truly saves time, reduces costs, and enhances competitive capabilities. Importantly, users do not need to change their existing workflows; our system operates seamlessly, allowing price requests from Rukmao to be made directly within the Mango ERP system without the hassle of switching between multiple programs. Users can still use the same program but achieve better results.

On the side of Vyvr, which is a loan application for small businesses under Kasikorn Bank, it enhances the financial capacity of Rukmao users through a revolving credit limit of up to 100,000 baht without the need for collateral.

Ms. Atita Phurithip, CEO of Lendnovate Co., Ltd., stated, "Vyvr is designed to help small operators and freelancers access funding sources more conveniently, especially those who often face liquidity issues, such as small construction contractors who typically need to pay upfront for materials but must wait for payment according to work inspection cycles. This situation causes many businesses to stall due to cash flow shortages. Therefore, we have developed a financial solution that directly addresses these issues effectively.

The Vyvr revolving credit product approves credit limits of up to 100,000 baht, and applicants can apply through the application themselves and receive approval results within 5 minutes from the time the company receives complete application information. They can also choose a loan period of 30 or 45 days but can repay early. The company will charge interest based on the actual days used, with no interest or fees charged if the credit limit is not used, making it an ideal option for businesses needing urgent liquidity.

Before developing the product, the company engaged with small contractors to understand the problems and obstacles they face in their work processes. We found that 'lack of financial liquidity' is one of the significant obstacles, not due to a lack of income but because existing income is constrained by payment cycles. With Vyvr's credit limit, contractors can continue working without having to wait for lump-sum payments and can pay for materials on time. Vyvr thus becomes another financial tool that plays a crucial role in supporting small operators to continue their businesses stably, even during periods of short-term funding challenges.

This collaboration marks an important step in creating a One Stop Solution platform, perfectly complementing each other for Thai contractors, by uniting the strengths of three Thai organizations with specialized expertise, all aiming for the same goal of developing the Thai construction industry to be robust in every dimension, including procurement systems, project management systems, and financial systems.

The collaboration between Rukmao, Mango ERP, and Vyvr is not only a technological advancement but also establishes a comprehensive working structure to enhance the capabilities of Thai contractors to manage their businesses efficiently, focusing on effective procurement, systematic project management, and agile access to funding sources. The collaboration of these three organizations, all of which are Thai companies that deeply understand Thai operators, represents a significant step in elevating Thai contracting businesses to be well-prepared to face the challenges of the new economy sustainably.