Why Use ERP for Project Management?
Effective project management is essential to a company's success from the very beginning. However, tracking projects, resources, and budgets becomes more difficult as businesses expand. In the absence of a streamlined procedure, costs could increase, cooperation could stall, and resources could be squandered. This is where ERP project management modules step in. These modules enable businesses to create, manage, and monitor projects within a single system. Here's how ERP systems enhance project management: Comprehensive Tracking: Link projects with quotations, purchase orders, invoices, and delivery notes to keep a centralized track of all activities. Enhanced Budget Control: Monitor purchasing and selling activities against the project to track budget, delivery timelines, and profitability. Adaptability: Manage internal projects, manufacturing jobs, or service-based projects with ease. However, the success of ERP project management is con...