Businesses are digitizing at a faster pace. Those who leverage digital technologies enjoy a competitive edge over those who have not. And ERP is an important or a core component of digital strategy. If you happen to own an automobile company, then it’s a must to use an Automobile ERP software. In this article, you’ll learn about its benefits.
What is an ERP?
ERP stands for Enterprise Resource Planning. If that sounds complicated or too technical, then it’s because ERP was used primarily for big businesses around 1990s to manage their business in a centralized place. Large businesses are normally referred to as enterprises and they consume large amount of resources to produce their products. Thus, to plan the work processes from end to end, they use ERP.
Over time, mid-sized and small businesses too adopted ERP and the reason remains the same: to manage their business at once central location. ERP software has various modules. So for car dealership, one module can be for the sales department and another for accounts department. As a car dealership owner, you’d be able to access everything under one roof.
At the time of writing, more than a million businesses use some form of ERP and spend $39 billion combinedly.
Benefits of ERP in Automobile Industry
If you’re in the automobile industry, you must be wondering if an ERP system would provide any benefit to your business. Well, here are some benefits you can expect from the best ERP software in India:
Improved Business Process
In a survey, 49% of the businesses admitted that they saw improvement in all of their business processes. Similarly, 95% of business reported improvement in their overall business process. So if you’re in automobile industry and run a car dealership, with a car dealer software, you can improve many of your business process. If you feel sales numbers are down, you can improve the metrics to achieve better sales. If you realize advertising costs are too high, you can cut budgets wherever required using Automobile ERP.
Cost Savings
Extending the previous point about cost, you can optimize expenses and revenue to achieve a better bottom line. Since an ERP software list everything at one place, you can analyze and spot the sections where you’re overspending. Then you can take initiatives to reduce the cost. Similarly, you can find the areas where you can possibly increase your margins.
Customized to Your Needs
Every automobile company is different. Therefore, the needs and requirements are going to vary modestly or greatly. The best part about ERP software is that they can customized to your exact needs. If you need specialized sales modules for each vehicle make and model, ERP specialists can do it for you. That’s not the case with off-the-shelves software that cannot be changed later.
When looking for a car dealer software in India, always ask for free trials to test the software first before purchasing.
