Project-based ERP
Project teams ensure that projects are delivered on time and profitably; managing client relationships, resources, service delivery and SLAs, expenses and financial management.
Project management functionality within an ERP system review should include:
- Resource management – features to allow correct matching of the right products (available products in stock or make-to-order) and people (skills, geography, availability, cost) to the requirements of the project at the right time.
- Quote to cash process – workflows, templates and integration to shorten time and contain correct details in requisitions, schedules and invoicing.
- Gantt charts and project planning tools to support project managers in their project scheduling including work breakdown structures (WBS), sub-projects, tasks management and KPIs.
- Project accounting including labor, materials and expenses.
FAQ
How can ERP for project management streamline project processes?
ERP for project management streamlines project processes by providing integrated tools and workflows that enable efficient resource allocation, accurate project planning, and real-time tracking of project expenses and financials. This streamlining helps project teams deliver projects on time, within budget, and with optimal resource utilization.
What are the benefits of implementing ERP for project management?
Implementing ERP for project management brings several benefits, including improved project visibility, enhanced resource allocation, streamlined workflows, better financial management, and increased profitability. Additionally, it facilitates collaboration among project teams and stakeholders, leading to more successful project outcomes.
