ERP: Imperative in Hospitality
by Admin Kripaa | 1 min read
It is a sedentary life that most of us lead and often the urge to escape from the monotony becomes imperative. We google a convenient place and pack our bags for the much deserved and thought about trip. The options are limitless, we demand everything from the tiny flee, and the industry is huge.
The hospitality industry in our country recently experienced a boom and is growing every day. The industry also is extremely sensitive to the economy and market competition. Any alterations or instability in the smooth scenario directly affects the tourism industry.
Apart from being highly responsive to such external factors, the nature of this industry is also highly dependent on the travel and transportation industry.
This is where the need and benefits of an ERP cannot be ruled out. It can help a lot in bringing down the operational costs and coordinating the acts of individual departments and prepare the organization to compete in the market by strengthening core business processes such as finance, procurement, inventory etc.
It can help tremendously in leveraging and empowering the existing resources to ensure proper execution and management of crucial business processes. Not to miss out, analysis of procurement activities, supplier analytics and development of vendor scorecards to make better future decisions. ERP also is an effective tool in managing buildings, facility and common areas, handle service order and complaints, setup billing cycles and automatic invoice generation.
So, if you own a hospitality organization and are fed up of managing all the fluctuations manually or inefficiently with your present ERP system, this post might come to your aid. Ramco Ondemand ERP, with its experienced implementation and consulting team covers all the technicalities of hospitality industry and takes all responsibilities to be your savior in disguise.