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Rewards Of Integrated Business Software Applications
High-growth companies implementing siloed applications experience lack of real-time visibility, low employee productivity, complex integration issues and costs. For a company to go through the growth phase with little to no problems, it is crucial to consider business software solutions that integrate a single process, code base and database. Such businesses will then realize increased productivity and huge savings due to some of the advantages listed below.
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%.
Real 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. In the end, your firm will realize thousands of dollars in savings every financial year.
With siloed systems, your IT division is bound by expensive and time-consuming duties like procuring, the installation and the maintenance of several systems. With integrated systems, such issues become problems of the past enabling ample support for improvements of commercial processes. A company, after phasing out its siloed systems, was able to save about $100,000 in the IT costs incurred per year.
You finally have the means to efficiently spread to several locations and get new sales channels that make accomplishing targets faster because of a unified accounting, order management and data. You are also able to do cross-selling in a more efficient manner with existing clientele base due to help from a progressive visibility system. Some companies are able to accommodate many clients across multiple locations and platforms due the introduction of integrated systems.
Process 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. It 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.
Since companies apply complicated business software to fuel their growth, a big number find themselves struggling in order to keep up with growth and keep in check their costs. An integration suite can help transform such firms and help them overcome any growth problems they might be experiencing themselves. It will also help your firm overcome any issues you might have with employee productivity and processes.
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%.
Real 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. In the end, your firm will realize thousands of dollars in savings every financial year.
With siloed systems, your IT division is bound by expensive and time-consuming duties like procuring, the installation and the maintenance of several systems. With integrated systems, such issues become problems of the past enabling ample support for improvements of commercial processes. A company, after phasing out its siloed systems, was able to save about $100,000 in the IT costs incurred per year.
You finally have the means to efficiently spread to several locations and get new sales channels that make accomplishing targets faster because of a unified accounting, order management and data. You are also able to do cross-selling in a more efficient manner with existing clientele base due to help from a progressive visibility system. Some companies are able to accommodate many clients across multiple locations and platforms due the introduction of integrated systems.
Process 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. It 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.
Since companies apply complicated business software to fuel their growth, a big number find themselves struggling in order to keep up with growth and keep in check their costs. An integration suite can help transform such firms and help them overcome any growth problems they might be experiencing themselves. It will also help your firm overcome any issues you might have with employee productivity and processes.
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