The real estate industry is poised to expand its status as an organized sector through the entry of leading players into the market. This is a huge amount of money industry and the current market boom is only accelerating the scenario. Industry can only take advantage of the current market boom if there are adequate systems in place to archive the entire process. This is where the role of ERP application modules comes in, which is designed specifically for the real estate industry.
Many companies offer ERP real estate solutions. But not all meet the standards. That is, only a few of them are able to meet the needs of each company. The inadequacy of solutions is exacerbated by a lack of in-depth industry knowledge.
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Therefore, the construction industry needs a well-planned and implemented real estate ERP solution that integrates the best knowledge in IT and real estate. A superior real estate ERP solution is capable of managing projects from start to finish, including land acquisition and booking phases, to lease management and maintenance of the completed project.
An effective real estate ERP solution can precisely and quickly manage and process complete project transaction history, project details, candidate and customer data, broker data, payment data, and more. Moreover, they are endowed with the nature of flexibility and adaptability, which ensures simple and secure data change management. ERP real estate solutions have a centralized data management system that is highly secure and only grants access to authorized users.