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Sage X3 is the world-class software automotive ERP that deals with every aspect of the sector right from design integration to full-fledged production service and sales through supply chain management. The versatile functionality of Sage X3 benefits various businesses including vehicle manufacturers and all suppliers.
Automobile manufacturers, as well as dealers, face a number of challenges regularly and most of them are related to the risk management of complicated business functions. Besides impacting the growth opportunities of the business these challenges reduce productivity while affecting the profitability of the business.
The topmost challenges are-
Today automotive businesses lack updated tools and hence outdated systems incorporated at the workplace are unable to track real-time information. Hence the stored data is not precise which is further required for accurate forecasting.
Tracking and managing lease agreements as per their expiry and renewal date manually is a very tedious job. However manual work leads to human errors which again brings poor outputs.
It is quite a hard fact that under-quoted projects lack in producing enough funds. On the other hand, over-quoted projects fail to convince customers which results in a huge of resources as well as opportunities.
The changing economic conditions have brought a drastic change in the supply chain domain and have disrupted it. The automotive supply chain has been facing a number of issues other than disruption and poor organization factors. Hence, they are under peer pressure due to the saturation in semiconductor manufacturing. It is recommended that transparency and resilience with the help of digitization with some additional practices is the ever best method for automotive companies to grow.
The drastic change in the economy and inflation of essential items have bought a considerable change in the buying patterns of the customers. Shortage of finances and uncertainty about vehicle coming times have affected vehicle purchases. It is one of the key challenges for automotive industry.
Having a speedy billing platform is the most appreciated factor for a business which plays a crucial role in generating profits. With the help of automotive ERP software, the POS system helps your customers to make payments through a number of options, also keeping records of every payment they did. It tracks cash flow as well as expenses through a single dashboard.
Having a fully integrated enterprise resource planning ERP software solutions, every automotive business is saved and recorded on a centralised platform so that it can be easily accessed through all departments of automotive business. It helps improve the transparency of the information while increasing employee engagement and enabling back office functions work more efficiently.