Published on January 16th, 2021 | by Sunit Nandi
0Game Changing Business Software For Your Company
When companies start to grow, they often start to look at upgrading the original software systems that they started out with. Because recent productivity software packages have migrated to the cloud, it can be deceptively easy to convert your users to an online set of services like accounting that you pay a monthly fee for. The reason that it isn’t always straightforward is that if you don’t plan the transition carefully, you can end up with a lot of custom development work that needs to be done before the application is ready to be fully used.
One strategy that companies have been looking at recently because of the shift towards the cloud is to consolidate their operations under one application instead of many. The synergy of having all company information be available in one application can save you a lot of time and money. Here are some game changing software packages that can boost your productivity as you expand:
ERP applications
Enterprise resource planning has always been pretty efficient when it is implemented correctly. The problem for many firms used to be that it was too expensive to license it for everyone if you weren’t a really large company. Today, there are several vendors that offer free or inexpensive cloud versions of their ERP so that companies that aren’t that large have an opportunity to use it without paying more than they can afford.
The nice thing about an ERP that you use online is that every single member of your company can use it as the main repository of the results and the work that they do for your firm. Everything from spreadsheets to project management to accounting and sales are available. Moreover, because you have everything in one application, you do not need to build bridges or connectors to other places. You can have your workers working globally from anywhere and accessing whatever they need to. And, of course, as you grow to have a lot more workers, you don’t need to get a different version, you can just add more licensed workers seamlessly.
Medical management software
If your company is in healthcare management, one of the more common types of software to use for your business needs is practice or hospital management database software. As most companies in the medical field have specialized forms and procedures for their clientele for insurance purposes, having a software vendor that takes the time to put your needs ahead of others so that they can organize your work exactly like you want it can make a large difference in the number of hours that your staff spends entering data.
A good example is a short-term care facility. When you have people that have become disabled temporarily and need to track their therapy, medication, and care details, having a compliant online database that steps nurses, doctors, and professional workers through recording each procedure can give you competitive advantage. It can also allow your staff to analyze the data sets better in order to see trends and make strategic decisions regarding your facility.
Advanced point of sale systems
When is the last time that you considered how much that you spend on credit card processing fees for customer purchases? It is always possible to use a partner that lowers your cost by aggregating all of their customer’s sales so that they can offer a large discount. By the same token, you can save even more money when you look at systems that are now just coming out from companies like Western Union and Paypal. In some cases, you can get rid of paying a processing fee entirely.
And then you have the option to look at other forms of currency like Bitcoin, something that the original Facebook creators managed to turn into over a billion dollars of their own money by investing. When you accept alternate forms of currency like Bitcoin, it widens your audience. As some of the leading point of sale systems have started to offer alternative currency exchanges as payment processors, it is a pretty good idea for you to look at the latest POS systems on the market. Another large benefit is adding a processing partner that can handle multiple international credit card types. You can also use apps such as lead tracking to track your progress across all employees to stay organized and efficient.
As your company grows, it becomes more important for each software purchase of a company-wide system to be perfectly executed. If you start out by finding the important categories of software and address them by adding a solution in each area, you should be able to focus on growing revenue by leveraging your software and your sales skills for a long time.