Real Estate ERP software: What is it and do you need it?

But as the business begins to pivot and wear bigger shoes, sms gateway there is an upsurge in the number of employees, activities, workflows, etc. Now, if there is a vision to grow globally and increase the customers, and there is no system to streamline the processes; the profitability, the productivity of the business and ultimately the growth gets affected.

That’s where an Enterprise Resource Planning (ERP) software comes in. An Enterprise Resource Planning (ERP) software aids a business streamline the processes, boost revenue, bring down the operational costs and do a lot more. Why not we dig deeper and know what exactly is an ERP and how it will help industries like real estate and construction increase efficiency. A brief evolution of ERP software

ERP software date back to 1960s (a long, long time ago) but were catered to only manufacturing industry initially, encompassing inventory management and control. It was first known as Material Resources Planning (MRP), and it later evolved to Manufacturing Resource Planning (MRP II) in the mid-1980s.

But in 1990, Gartner coined the term “ERP”, as the software engineers started to code other functions in the software like finance/accounting and human resource. As and when companies began adopting ERPs, it expanded to other industries like hospitality, financial services, education, real estate and construction, etc.

Today in the modern world, there are multiple ERPs available, and a complete ERP not only entails all the business functions but also automates them to make any business’s day-to-day life more manageable. An advanced ERP also integrates Business Intelligence (BI) dashboards to provide more in-depth and hidden insights helping to keep a tab on the critical metrics a business owner needs. What exactly is an ERP software?

In simple terms, ERP software integrates, streamlines and automates all the business processes like sales, HR, procurement, inventory, etc., with the help of the latest technology to provide insightful and meaningful data/information mainly to boost revenue and reduce the operational costs for the business.

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