How A Bespoke Centralised Business System Improves Efficiency
Integrated Systems Help Drive Your Business and Can Save You Money
Today’s businesses rely on a number of diverse data streams. An integrated system can save you time and money, while leading to better business insights.
This is the age of big data. Businesses in the 21st century gather and retain information from a wider range of sources than ever before, from traditional data, such as customer information and stock inventories, to modern day phenomena fed in from social media and online data analytics software.
The way we manage and maintain that data has become increasingly critical in keeping a modern business competitive. Do it right, and the diverse data streams work together perfectly, bringing business efficiencies and providing valuable strategic insights. But get it wrong, and you can find yourself drowning in a sea of data, wasting time and money while your competitors forge on ahead.
This is where a bespoke programme of system integration can give your business a real edge.
It is easy to forget that the digital systems we all take for granted are still relatively new in the grand scheme of things. Whether yours is a recent start up or a long-established business, you will have gone through the process of introducing various systems to manage different processes. These might include accounting software, inventory management systems, customer databases, e-commerce systems and various others.
Having each of these operating in its own silo leads to a number of potential problems and business inefficiencies. While each system is probably capable of generating its own reports, these are, of course, limited to the data within that system. Trying to correlate data from diverse systems, for example analysing accounting information against inventory management, becomes a time-consuming manual exercise.
There is also the matter of duplication. Many of these systems contain the same information – what is the sense in wasting time entering the same customer data on three different systems? There has to be an easier way.
A bespoke centralised system
Integrating your business software applications around a single centralised system can yield multiple advantages in terms of business efficiency, cost savings, better productivity and improved strategic planning. It can also provide the necessary security and encryption that you need to comply with present day data protection legislation.
Savings and efficiencies
Every business is different, but each one is certain to have some key processes, such as order processing and management, invoicing, cash collection and financial consolidation. By streamlining and automating these processes, you can focus your key staff on more important strategic activities to help your business grow. An integrated system can have an enormous impact on financial close times, sales productivity, order processing time and numerous other processes.
And the savings do not end there. If you are no longer worrying about the procurement, installation and maintenance of multiple systems, you will see a significant reduction in operating costs.
Better strategic insights
An integrated system brings all your data streams into one place and provides real-time visibility of all your processes, metrics and KPIs. This is crucial for providing the strategic insights that inform better decision making.
By opting for a bespoke system, you can have the data that really matters to your business right at your fingertips, and on the platform of your choice.