Written by Allison Woolbert
(Reading time: 2 - 3 minutes)
Technology impacts our lives in many ways. Virtually every aspect of our lives has been changed or influenced through technology—and, of course, businesses are not left out of this revolution. There has been a paradigm shift from the way businesses were run decades ago, to how they are run today; what has not changed, however, is that businesses are out to make maximum profits from their available resources. To achieve this goal, they have to meet the challenges of worldwide competition in an ever-shrinking global village. Technology has become a necessity rather than a luxury, and custom application development is an investment many companies cannot do without.
Though there is software that can be used for general processes, such as sales and marketing, each firm has specific needs that may not be addressed by off-the-shelf commercial software. Hence the need for custom software development companies to develop specific solutions that will provide enhanced business processes while increasing efficiency, profitability and performance.
Custom Software Pays for Itself
Custom software has still not been exploited by many businesses, possibly due to the misunderstanding that there are specific advantages that it offers. Some people consider the cost of outsourcing to a software development company an expensive luxury. When one considers what custom software offers in the long run, it becomes a justifiable expense, as well as an important investment. Custom software can be a cost-saver; a business winner; a profitable product; a corporate lifesaver. Whatever the purpose of your need for custom application development, it can make a huge difference to the bottom line and the investment break-even point can be months not years.
Saving costs in difficult financial times can become a business’s primary goal. Using custom software can help streamline some of the human capital expense. Even though commercial software can perform some functions, custom software gives you the opportunity to meet the exact functions you need for your business. Besides, this license on “Software on a Service” solution can end up costing more than custom development in the long run.
Custom software has the ability to automate repetitive tasks. Where the same duties are performed by two or more persons to ensure accuracy and accountability, custom software can easily ensure accuracy and efficiency by performing the task in a shorter time, for less expense and with fewer errors. Errors of omission and commission, and fraudulent practice, which damage return on investment, can be reduced drastically if not eradicated using custom software. Custom software, unlike a commercial software solution, is specifically designed to be compatible with your systems and its mode of operation is also tailored to suit your needs. Hence, a workforce more readily accepts custom applications; they are more easily learned and are more quickly effectual.
Custom solutions designed by a great software development company will put you one step ahead of your competitors. It can make your products and services unique. Timeliness on service delivery is a crucial part of marketing and custom software helps to improve your time planning and ultimately your returns and market. Custom software also saves you from buying multiple licenses as they are secure and the solutions are integrated into your existing system. Remember, though, that as much as custom software is important for your business, so is getting the right custom software development company.
Written by Allison Woolbert
(Reading time: 2 - 3 minutes)
Need for ERP Software
ERP software is designed to enhance both internal and external customer relationships and collaborations by mechanizing activities that define work processes, smartening business processes and enhancing user productivity. Today’s companies often look at ERP software to categorize and repair inefficiencies in an organizational process or whenever there is a rise in the number of critical issues that persist in the business environment.
While many companies use stringent processes and systems to run their operations, workflow can often go wrong in an ever-changing competitive marketplace. This can hamper productivity, growth and profit. Therefore, the proper customization and application of ERP software helps by increasing productivity and tracking and minimizing operating expenses, improving data flow, and creating excellent results for management transparency.
There are many forms of ERP software, including supply chain management, distribution, manufacturing, retail management, warehouse management, and sales point software.
ERP Solutions to Track Processes
Why does your organization need ERP software? Numerous processes and systems are used for running your business and you need to manage and maintain numerous procedures and workflows – some automated and some manual. Using customized ERP software will help you to track your processes. Your current approach may have been fit for purpose previously, but in today’s dynamic and cut-throat competitive marketplace, ERP software can be the difference between success and failure. The biggest advantage an ERP solution provides is its efficiency in enabling management visibility and subsequent effective strategic decisions.
ERP software helps companies to achieve genuine business automation processes, streamlining the important everyday tasks and allowing people to target their efforts to complex tasks that require more human attention. This results in not only in better resource handling, but also enhances productivity, profitability and job satisfaction.
Another very strong reason an ERP solution is so critical is its ability to promote information accuracy and consistency. Many companies suffer from adulterated information problems which not only hamper the overall process of business workflow but also result in massive damage to business image. Suppose the marketing department and the sales floor have access to two different independent databases. A client with a price question will likely receive a wrong answer if they happen to call the customer center for any sort of assistance.
ERP solutions make life easier for the employees of an organization at all levels. Also, they enable a strong target setting and permit everyone to keep a track of the progress towards the targets. This in turn makes companies more aggressive by helping them to quickly pinpoint problems and take immediate remedial action. An ERP solution enables businesses to act with more consistency and innovation as the control boundaries of the ERP provide an appropriate framework. Roles are then more clearly defined and responsibility for performance is increased.