Globalization and advancement of technology have revolutionized resource planning from simple resource allocation and scheduling and included other components such as forecasting and capacity planning, optimization, and more. Therefore, excel spreadsheets are not enough to manage resources as they create silos of data and are error-prone, leading to double-data entry, internal conflicts, etc.
Therefore, modern businesses must adopt a dedicated resource management software, as it offers all the necessary advanced features required to plan resources on one platform and streamlines various business processes.