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.
Such daily and key operations like expense approvals and invoicing management are important for every type of firm. Automating such processes can help avoid recruiting new employees and instead focus on transferring current staff members to high value departments. Studies have revealed that companies with integrated suites realize increase production ranging from 12.5%.
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.
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.
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.
Such daily and key operations like expense approvals and invoicing management are important for every type of firm. Automating such processes can help avoid recruiting new employees and instead focus on transferring current staff members to high value departments. Studies have revealed that companies with integrated suites realize increase production ranging from 12.5%.
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.
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.
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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