Every company struggles to find the best way to manage its expanding activities. Accounting, inventory management, and financial consolidation systems can become entangled in rapidly developing businesses. This type of management is inefficient for short-term business needs and can harm a company’s growth and profitability.
To enable your organization’s rapid growth, your business software apps must share a codebase, database, and business process.
Read this article about the advantages of integrated software applications to understand the difference between market-moving success, mediocre sales and profits.
How Is Integrated Software-Defined?
Integrated software is a collection of programs designed to work together. A shared launching pad is used to access all programs included in an integrated package. Computing has been revolutionized by integrated software since it is interconnected and minimizes the possibility of information errors without conversion or conflicting formats.
As an aside, integrated software is also available as a single program that includes “modules” for corporate applications such as word processing, spreadsheets, graphics, communications, and presentations. One of the advantages of integrated software applications is they are less expensive than the larger suites and maybe a better fit for smaller businesses that do not require the entire “bundle” of included features.
The Business Challenges by Using a Siloed Software System
It is common for high-growth organizations to have numerous siloed applications, which causes a variety of business difficulties to occur. These difficulties can become so severe that they have the potential to stifle growth. Listed below are the five most significant challenges that can impede if you operate a business with multiple different business software systems:
- Wasted Employee Productivity
When your business is growing, every employee must be productive. Inefficient and disconnected processes create errors and take time away from more vital core duties.
For example, some staff may spend hours manually inputting purchase information into accounting and invoicing systems, while others use your CRM system to fulfill orders and calculate sales commissions. If any orders are canceled in the interim, your personnel must re-enter data.
The coolest advantages of integrated software applications are all features you need are in the same place which means you can compare, contrast and update databases without being disrupted.
- Lack of Real-time Visibility
With unintegrated software systems, you have several overlapping databases and can’t simply see company performance in real-time. Doing a holistic view of your company’s operations requires reports from your finance, sales, marketing, service, and fulfillment departments. Those that do squander hours trying to connect disparate, inaccurate, and out-of-date data. As a result, organizations make decisions slowly, based on incomplete information or hastily, depending on gut instinct.
- Complexity and Cost of Integration
With so many different programs, IT spends a great deal of time and money integrating, maintaining, and procuring new versions of these apps. Once new versions are purchased, more integration and maintenance are required to ensure that all software versions work together. As a result, precious IT resources deployed to increase corporate productivity squandered, while maintenance expenses grow.
- Customer Churn
Increasing customer acquisition and revenue are critical to your company’s success. Faced with severe competition, your company must provide customer service or risk losing consumers. Customers will be less satisfied and less inclined to purchase from you if they cannot rapidly obtain order status information, have difficulties fixed, or products are frequently out of stock. An integrated software system ensures that customers get the information and that employees have instant access to all customer data needed to support and sell to them.
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5 Advantages of Integrated Software Applications
- 1st Advantage of Integrated Software Applications – Improved employee productivity
Employees slowed by inefficient and disconnected processes cannot perform optimally. Manually transferring client data from one system to others can raise errors, distract employees from vital activities, and impair overall company agility.
Rather than entering the same data many times in different software programs, the main advantages of integrated software applications enable data entered once and then synchronized across all other applications.
Redundant jobs exacerbate errors and divert time away from more critical core responsibilities. Integrating your applications can help you eliminate duplicate, labour-intensive, and manual operations and provide a competitive edge.
- 2nd Advantage of Integrated Software Applications – Real-time visibility
In the case of several siloed systems and overlapping databases, businesses will never be able to see a complete spectacle of their operations in real-time. The inability to make timely, correct business decisions stops businesses from remaining adaptable in a competitive environment.
Real-time visibility is one of the advantages of integrated software applications that can assist you to save endless hours spent attempting to link together information that is prone to errors and out-of-date. It provides you with real-time visibility into your company’s operations.
- 3rd Lower IT costs
Maintaining and updating siloed business systems and applications consumes a significant amount of time, energy, and resources on the side of IT departments. Integrated software applications can assist you by allowing IT professionals to concentrate on strategic activities that contribute to the bottom line of the firm.
- 4th Lower customer churn
The ability to provide a superior customer experience is critical for retaining your existing customer base. It is also one of the most significant advantages of integrated software applications that are tightly connected. The use of an integrated software system ensures that clients can access their data from any location and that their issues are answered swiftly. It also helps to eliminate inventory sync issues. Your consumers will be happier as a result, and they will be more likely to purchase from you in the future.
- 5th User-driven innovation
Last but not least, one of the advantages of integrated software applications is that daily users can utilize their functional expertise to modify processes and applications in a way that increases performance because process modifications may be made fast. Mean while, IT is free to devote its resources to strategic initiatives that might bring value to the bottom line through the development of creating value-added products.
Today, businesses across virtually every industry are leveraging sophisticated business software to accelerate growth, others are still struggling to keep up with growth and manage costs effectively due to a jumble of disconnected functional systems causing process bottlenecks and employee productivity issues. The advantages of integrated software applications are revolutionizing the way businesses operate, enabling them to overcome growing pains that previously prevented them from reaching the next level of profitable growth.
Eximias was founded in 2020, and our primary value is agile software development utilizing Java and web technologies for enterprises and organizations. Eximias is continually working to improve the efficiency, effectiveness, and simplicity of all work processes. Eximias enables you to properly navigate your firm through a digital transformation. We do a study of your current environment and work with you to establish the requirements for your future digital workplace.