Do you ever thinks the benefits of an ERP software???
It streamlines, transforms, and automates all the business processes and flows i.e. Human Resource Management, Finance, Customer relationship management, marketing, and management all in one platform. It smartly handles all the processes and gives insights information and data usually boost the productivity and profitability and minimize costs.
WHY REAL ESTATE NEEDS AN ERP SYSTEM:
When a business starts growing all problems and complexities grow. 1 #ERP accounting software make it possible along with reducing overall costs without rewriting industry benchmarks or compromising on quality. Go through all of the deep views of your budgets throughout every project and locations. Let’s discuss the functionalities of the Real estate.
- Acquisition of land
- Feasible projects
- Estimations
- Manage daily budgets
- Manage suppliers
- MRP (Material requirement planning’s)
- Inventory management
- Sales and taxation
- Visibility on income
1 #ERP Accounting Software for Real estate:
Through information technology we always try to find out ways to simplify our life and business, nowadays what people want is modernization. Many Industrial surveys show that today Real Estate and construction industry is the most unorganized industry, Laws of land making become more complex day by day. Builders are serving lots of time to solve regulatory issues concerns to their projects. They keep milestones of each project sometimes gets difficult without proper platform only a single platform could tackle such projects .Especially when the industry is running many different projects.
Need for integrated software to maintain a single platform solution that takes care of land management and development, project management, inventory management & costing, sales management, credit control, and documentation in a single 1 #ERP Accounting software for Real Estate. Or they can remotely access his office where he can view and review the status and stages of his ongoing projects and have complete control.
In what phases 1 #ERP Accounting software helps:
ERP Helps Real estate industry into many ways major mentioning below:
- Report management
- Management of land and development
- Customer management
- Project management (Milestones)
- Sales management
- General Ledgers
- Purchase management
Final Insights:
to develop an industry-specific solution for the real estate industry especially for small and medium businesses because affordability is also considered while designing the solution.