Lessons Learned from Years with Tools

Integrated Business Software Solutions and Their Advantages

These days, companies in virtually each industry are using complicated business software to boost their growth, but many are still struggling to keep up with their growth and handle their costs effectively. This is because of a medley of disjointed functional systems that lead to process bottlenecks and issues with employee productivity. Integrated business software suites are revolutionizing how companies operate, allowing them to overcome growing pains that previously were preventing them from upgrading their business to the next level of gainful growth.

To make your business develop at the remarkable rates you planned for, it is important to have your business software applications integrated around no more than one codebase, database and business process. A very basic example is the use of a powerful Excel-based data manipulation tool for businesses that heavily rely on spreadsheets. The advantages of using your systems in this manner bring significant cost savings and greater business productivity, including:

Process Efficiency in the Organization
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There are many major processes that you may encounter in your day to day operations, like order management, invoicing, expense approvals, etc. Automating these processes lets you to avoid new hires that would otherwise have to manage such processes, and redeploy workers to more useful activities that help your business innovate and expand. An ROI study involving customers adopting integrated software packages, indicated that companies may accelerate their financial close times by nearly half and improve sales productivity by 12, among many other efficiencies. The same research showed processing time cut short by 66%.
3 Lessons Learned: Options

Considerably Improved Visibility

Real-time visibility is essential to making timely and smart decisions. When information could be accessed straight away from almost any location, without spending resources to extract data and tie data from diverse sources together, workers are more informed and can make quicker and more precise decisions. With all of their data accessible in real-time, for instance, a business can keep track of their suppliers’ workloads in real-time and eventually grow their business in the coming years while pocketing sizable annual savings.
Considerable IT Time and Cost Savings

Since IT no longer has to procure, install, and maintain varied systems and the different integrations between them, a big reduction in operational costs can be observed as IT time can be devoted to improving business operations.

Speedy Growth

Integrated software system allows for a faster expansion to various locations and expanded sales media. Companies may also upsell and cross-sell more efficiently to their current customer base with the enhanced visibility they enjoy.

User-Inspired Innovation

With process changes being implemented quickly, everyday business users can apply their functional expertise to design processes and applications that enhance performance. Meanwhile, IT is free to focus on tactical projects that can deliver value to the bottom line by developing inventive value-added solutions.