Merits Of Integrated Business Software Applications
Siloed applications are a favorite for a majority of many companies experiencing rapid growth however, such an approach leaves them susceptible to complicated integrations issues. For exceptional growth rates, it is important that they use an integrated business software application built around a single process. This helps to tremendously improve productivity and reduce running costs major advantages of an integrated system are 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 means that managers are in a better position to make timely and informed decisions. Such information available at the touch of a button from anywhere helps in reducing the time and costs that would be required in running a data extraction process by your employees, enabling them make decisions faster and accurately. The end result, savings running into the thousands of dollars every financial year.
Your IT department no longer has to deal with procuring, installing and maintaining multiple systems and other integrations required between them. This translates to a significant reduction in operational costs. For example, when a firm moves away from siloed systems it is capable of saving over $100,000 in a year in IT costs with adoption of integrated systems.
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. These 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.
Any changes that need to be incorporated into the process can be quickly implemented since ordinary users now are capable or adding custom functionality. This way you as the manager or owner can now concentrate on improving the company's bottom line. This is all thanks to solutions that are innovatively built to offer value-addition solutions.
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.
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 means that managers are in a better position to make timely and informed decisions. Such information available at the touch of a button from anywhere helps in reducing the time and costs that would be required in running a data extraction process by your employees, enabling them make decisions faster and accurately. The end result, savings running into the thousands of dollars every financial year.
Your IT department no longer has to deal with procuring, installing and maintaining multiple systems and other integrations required between them. This translates to a significant reduction in operational costs. For example, when a firm moves away from siloed systems it is capable of saving over $100,000 in a year in IT costs with adoption of integrated systems.
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. These 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.
Any changes that need to be incorporated into the process can be quickly implemented since ordinary users now are capable or adding custom functionality. This way you as the manager or owner can now concentrate on improving the company's bottom line. This is all thanks to solutions that are innovatively built to offer value-addition solutions.
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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