Relevance of ERP Software for Service Industry

The Service Industry covers people-centric organizations and such organizations have specific requirements when it comes to selecting an ERP Solution for Service Industry. Project and Expense Management are integral to the Service Industry and a best ERP Software can help it achieve that, making them use resources in a prudent manner. Being people-centric, organizations are required to record every transaction in a system. Ideally, it should be an automated process but to the surprise of many, there are service organizations which still make use of spreadsheets and rely on manual processes to handle critical areas of business. All of this results in delays and errors leading to financial losses as well as loss of face with the customer(s). The quality of services delivered/SLAs is also compromised.

This is where ERP Software for Service Industry comes into the picture. Below are some reasons why the Services Industry can’t do without an ERP Software:

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