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What Are the Benefits of an Integrated Business Software?

 

As your business expands, one of the challenges you may face is determining the best business system to use to manage your increased operations. Many business do not plan properly for an integrated business management software. Instead, he decisions is usually put in the backseat as the company concentrates on improving short term revenue. As a result, a company may end up with different applications in various functional areas. All these different applications lead to reduced efficiency and increased integration challenges.

 

How can you avoid the problem of having multiple business Celigo management solutions that cannot integrate with each other? The answer lies in determining your short term and long term business goals and choosing an integrated software management solution.

 

Benefits of an Integrated Business Software Solution

To ensure your business growth is not stifled due to application challenges, it is important to plan for Google apps integration. In particular, look for solutions that can integrate your business process, database and codebase. Integrating your solutions will help to improve business productivity and keep your costs down. Some of the benefits of integrated business solutions include:

 

i)             Increase business efficiency

There are a number of processes that your business encounters on a daily basis. These include financial consolidation, expense approvals, cash collections, invoicing, fulfillment and order management. These processes take a lot of your employees' time. If you are a large organization, you may need to hire extra employees to handle these recurrent tasks. This means increased costs.

 

To ensure your business grows while costs remains down, you can automate most of the daily processes. Automation will free up time of your employees, enabling them to handle other critical activities of the business.

 

According to a recent study, organizations that use integrated software solutions improve their productivity by up to 12.5% and financial close types by up to 50%. In another study, an organization as able to reduce its supply chains costs by 60%.

 

ii)            Improve visibility in your company

To make accurate decisions regarding your business processes, you need accurate and real-time visibility. Getting accurate information instantly is crucial to enabling employees make faster and better business decisions. For example, you can use an integrated business management software to monitor your supplier's workload in real time. This information can help you identify areas that need to be improved and hence improve your business bottom line.

 

The above are two benefits of using integrated business management software.

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