Merits Of Integrated Business Software Applications
ď ś When high-growth companies use several siloed applications, they are likely to experience wasted employee productivity and money as well as increased customer turnover. For any company to experiencing exceptional growth rates, it is crucial to have business software applications integrated around a single code base, process and database. This will help yield improved productivity and tremendous cost savings due to the following advantages.
ď ś Companies encounter many key and daily operations like financial consolidation, expense and order management. Through automation of such processes, you can avoid hiring new employees and instead transfer staff into other high value departments that help your production grow and innovate. Studies have shown that firms using an integrated suite have seen an increase in productivity by over 12.5%, increased inventory by 50% and accelerated their financial close by up to 50%.
ď śReal time Visibility is an important feature for managers and owners to make timely and well-informed decisions. Access to such info from anywhere without time wasting activities like data extraction will enable your employees make faster, accurate and informed decisions. ď ś In the end, your firm will realize thousands of dollars in savings every financial year.
ď śYour in-house IT department will never have to deal with expensive and time wasting activities like installation, maintenance and integration that are required when dealing with multiple systems. Your operational costs will be lowered and the savings can be used in furthering your overall objectives and goals. When a firm phases out siloed systems, it is in a better position to save hundreds of thousands of dollars in a single year in IT costs.
ď ś With IT integrated solutions, companies now have the facility to spread to many locations and get into multiple sales channels in their efforts to reach established. ď śThese companies also carry out up and cross selling in an efficient manner by use of the current customer base due to the improvement to visibility. Your company can very well serve millions of clientele after the successful of an integrated solution into its processes.
ď śProcess changes can also be implemented quickly and ordinary business-users have the capability to apply their functional capability for tailor made applications and processes that improve performance. ď śIt is liberated in the process to focus on initiatives that will help add value to your firm's bottom line. This is because of building innovative value added solutions.
ď ś Companies in all industry types apply sophisticated business software in an effort to spur growth leading to some of them struggles associated with growth and tracking of costs. An integrated solution suite can prove pivotal in navigating such a firm through growth problems. An efficient and functional system can help such ventures overcome issues like productivity and processing bottlenecks.
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