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New Startup Businesses May Bleed Money, ERP solution Can Stop It

Published on 02 September 15
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Have you ever wondered what would be that one phrase that can bring about jitters to a professional in, senior management or junior management, alike? I think it is an urgent email from the CFO or the COO to discuss the budget. What say?

Especially as a, project manager; you would be aware of the nightmares that you face, to keep projects on time and on budget, in form of ever changing project scope, unexpected setbacks and of course those unrealistic client demands.

If you see consistency in receiving emails for budget discussions, or you find your team running around discussing the budgets, though the figures are in sync with ballpark, the issue is somewhere else and not with your team or leadership or with your client. The issue is with the tools, yes, the project management platform or the Enterprise Solution that you selected and are using.

A wrong project management tool can set your business to welcome unwarranted problems, and mind well your business can loose on huge funds and it will be too late by the time you realize it. There are Enterprise Mobility Consulting service providers, who hand holds you across Enterprise Mobility Development and implementation process. They can actively help you to pick the right Enterprise Resource Planning Software and also may guide you, if the current platform suffices all the requirements of your esteemed team.

New Startup Businesses May Bleed Money, ERP solution Can Stop It - Image 1
Project planning and ad-hoc work should use the same platform, itâs no joke
Yeah, it is not a joke, though it may sound like. See, 90% of the time your project managers spend, is discussing enterprise mobility strategy or communicating with the stake holders. So it is more advisable that your ERP solution makes it a convenient process.

What you need to do, is to select a project management system or a customized ERP solution that tracks all the aspects of your project, from a single system. This is the only way, at least that I can think of, by which when ad-hoc tasks pop up, you and your employees will be in a position to add and manage these tasks to and from the same platform. This also would help you to track every single memberâs workload and availability and of course the outcome to the task that you added.

This also helps you to identify the team members who can spare more time from their schedules for a dedicated task, and also the ones who are over-occupied, and hence you can seamlessly shift the workload depending on the priorities. Reduction in manpower leads to cost effectivenessâ¦agree?

Standardized onboarding process, believe me you need it