When businesses are starting out, many different pieces of software may be used by the company to handle business processes and this is no big deal. However, as the company grows, the costs to both efficiency and time start to add up. Effective business management software addresses scaling operations and growth by keeping everything simple and in one place. With business management software on board, you can sit back and relax while the software does the hard work.
Below are 6 reasons why your company needs Business Management Software:
1. Improves employee productivity and efficiency Business information is organised in an accessible and user-friendly manner that leads to time saving and an increase in productivity.
Also known as custom or tailor-made, bespoke software is a product developed especially to meet the exact requirements of your company.
Off-the-shelf software is a product developed for the mass-market, which means it is expected to respond to the needs of as many users as possible, offering many more features than a bespoke solution. Unfortunately, this type of software often does not meet all of your expectations.
The main advantages of developing bespoke software are as follows:
1. Simplicity Bespoke software is designed specifically around your business, so you don’t have to worry about unwanted features or unfamiliar terminology. This reduces learning time and makes the software more efficient to use.
Cloud computing, often referred to as "the cloud", is a technology which uses the internet and central remote servers to maintain data and applications. It allows consumers and businesses to use applications without installation, and access their personal files using any device with internet access.
On-premises software typically requires a software license for each server and/or end user, and the customer is responsible for the security, availability and overall management of the software.
On-premises software is generally more expensive than cloud-based software because it requires in-house server hardware, capital investment in software licenses and in-house IT support staff.
All businesses are guilty of wasting at least some time and money. Companies need to adapt and evolve, updating their processes, using new technologies and ideas. Just because something was done a certain way in the past, doesn’t mean it needs to be done that way in the future. Our research tells us that businesses are wasting most of their time and money on the following:
1. Failure to update outdated systems Manual, paper-based systems are inefficient, expensive, time-consuming and are more likely to introduce mistakes. Just because a task was done that way 10 years ago doesn't mean that it needs to be done in the same way today. Businesses should invest in technology that improves processes and makes them more efficient.
Our research tells us that most SME business owners are using spreadsheets to manage their business. And when asked why, they often say that they don't know what else to use.
Before we go any further, spreadsheets provide invaluable tools for collecting and analysing data.They are great for numeric and text values in relatively low volume. However, for very large volumes of data, a relational database has several advantages over a spreadsheet: 1. Data Integrity Access to a spreadsheet is often limited to one person at a time. Relational databases are designed for multiple users and when one person makes a change, it is visible to everybody instantly. This feature preserves data integrity and data consistency, which is harder to manage when using spreadsheets.