In India, the Real Estate sector is all set to broaden its capacity as an established industry, with the entry of leading entrepreneurs into the market.
It is a sector where a big amount of money is involved and the present boom in the industry only speed up the current scenario. This current boom in the market can be capitalized by the sector only when there is an sufficient way or system to back-up the entire procedure. So, there must be a robust solution to the problems of organizing the available resources and the new day-to-day requirements to gain the benefit.
The wast sector of Real Estate now has the best solution to almost every issue encountered by businesses today. Here comes the contribution of Enterprise Resource Planning (ERP) software that is specially designed for Construction and Real Estate sector. The system is able to complete project management, record management, documentation, report generation, etc. with other benefits.
The ERP solution for Real Estate firms & construction companies works successfully to manage the pre-construction, construction and post-construction phases of a project. It is an extensive system that manages a construction project right from land acquisition and purchase order to lease and maintenance management, report generation, work scheduling, complete project transaction histories, project details, receipt creation, broker details, payment details and others, applicant and customer details accurately. The software has a highly secure centralized data management system, which allows entry to only the authorized users.
Real Estate ERP can also be inter-connected with other back-end operations software such as Financial Accounting (FA) and Human Resource Management to enhance business productivity.
These days, a large number of IT service provider companies are offering ERP software for real estate & construction industry to streamline their business processes. Thus, it is highly recommended to understand the functions and features of an ERP software solution that completely suits to an organization’s specific requirements.
This was a guest article from Emma George.
The article is written on behalf of ACG Infotech, a leading construction ERP software solution provider company in India. The company offers robust, flexible and affordable online ERP, web based ERP solutions for Real Estate industry and manufacturing industry.