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Effective project management is a necessity of the modern-day business environment for project completion. Resource allocation, budget tracking, team cohesion, adherence to a timeline, etc., are just some of the intricacies that administer project activities. Traditional project management tools exist, but in actuality, ERP systems offer something much more integrated and powerful. ERP systems unify the various business processes into one platform, hence providing greater visibility to and efficiency in the projects.
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