what are revenue leaks

Prevent Revenue Leakages in Manufacturing with ERP Revenue Leakages refers to the unintended loss of potential income or profit in a manufacturing company. Revenue leakages are invisible holes in the manufacturing industry.  They are not visible in general, but create a big hole in profitability. Revenue Leaks occur primarily due to reasons such as manual processes, data present in silos across departments & locations, poor visibility, and inadequate control over key business areas. This may result in errors, oversights, non-compliance, chances of theft & fraud – all of which can l...