Although ERP software is widely available and widely used nowadays, it is not an easy task to find a suitable product for a project based company. Most ERP systems are designed keeping in mind the requirements of a manufacturing company.
Although they all claim to meet the needs of any organization, whatever its size, finding one that covers the aspects involved in a project-based company is a bit tricky. We help you run your business better from various NetSuite ERP sources.
Before deciding what is the best ERP system for a medium-sized and project company, you need to be aware of the fact that whatever software you choose, as long as you need it in a project-based organization, it still needs customization.
In a midsized project organization, planning inventory, calculating demand and landing costs of inventory on a project basis is essential as it takes the company where it wants to be: in a situation where it does not accumulate material Is, but at the same time, it is never supplied less than necessary.
Most ERP systems have a feature that allows for inventory management, but they do not have the features to deal with project-based accounting. Once they integrate such options, they will indeed be a complete business solution.
Resource planning along with project-based accounting is an important feature that should be most effective in a project-based organization for ERP software.