ERP And Project Management: How They Integrate

People discussing project management

Today, we’re talking about ERP and project management. For many, they’re synonymous. But, ERP applies to countless areas these days. Thus, you might lose track of what ERP does.

That’s what we’re clarifying. How can ERP benefit project management?

Naturally, this is another installment in our integration series.

To learn more, check out ERP’s integration with:

Why should you integrate ERP and project management?

Now, ERP has countless useful features for handling projects. For instance, its financial data can be crucial for budgeting. Integrating the two makes it more efficient. It makes it easier to stay within budget and other metrics.

How can you benefit from ERP and project management integration?

SelectHub has a great article on project-based ERP. So, it focuses mainly on project-centered systems. Yet, it sheds light on general ERP benefits for handling projects.

Centralizing project management data

Traditionally, project management is complex. We must track tasks, resources, budgets, and more. That translated into countless spreadsheets and books. With ERP, you have everything in one dashboard.

Financial management

Budgeting is a huge challenge in projects. You must balance results with costs. So, ERP software can be a lifesaver for managers. For example, you can assess current and future costs. So, adapting becomes easier.

Monitoring resources

Tracking assets and workers is another issue. You must manage schedules, extra hours, and more. Luckily, ERP is already effective for HR management. So, these benefits extend to your projects.

Tracking logistics

Finally, you can track your projects’ supply chains. Of course, that’s more relevant in certain industries. But, you can track your project’s logistic needs and challenges. Again, that’s everything in one spot.

What should you consider before integrating ERP and project management?

Unfortunately, not all systems are great for everything. Typically, the best systems for projects specialize in them. Making the right choice is crucial.

But, your projects aren’t doomed. You can integrate ERP and project management with most systems. You just need to learn how to adapt.

Or, you can work with professionals who already know. That’s why Zero Point exists. So, don’t hesitate to book your free meeting now!

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Zero Point ERP Solutions

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