So, if you are an entrepreneur or a business owner, you must be dealing with a lot of work, data, and people. Managing a business is not a walk in the park. You manage employees, orders, customers/clients, billing and a lot of other things. Sometimes, you need a better solution to manage all these.
Here is the list of the problems you might be facing and some signs that you definitely need enterprise software for your business:
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You Use a lot of Software to Manage Everything
You might often manage raw materials order, your incoming orders, billing, payments and employees on different software. A separate billing software, a web app to manage incoming orders, shipping partner’s portal for shipping, and employee monitoring software. So, things become quite complicated and frustrating when you deal with a lot of software. You need to remember credentials for each software and portals, you need to install such software to your system to use it, and other tedious things which we definitely don’t like to do.
So, there could be a possible solution that you get software which is able to do all those things single-handedly. Software that is capable of managing all things is the Enterprise software and might be needing it.
Difficulty for Employees to Get the Data they want
Are your employees often run from one department to another asking for the data and documents they want. Or do they often send a lot of emails every day to get the required documents? Well, this might put your employees in arguments and slow-down the productivity of your employees. Imagine one-third of their working time is wasted in just requesting their desired data and documents. How frustrating and costly it is! Well, this is another sign that you need something for your employees that handles all these s**t smoothly.
Accounting is a Big Headache
Even when you have hired an accountant for your business, it is frustrating for the accountant and even for you, to manage the accountancy, you should upgrade to a better system. If your accountant is still managing paper-copy invoices, finance reports, and other documents and doing its entries manually, then you are more than a decade behind. Such things make accountancy more time consuming and reduce the productivity of your accountant. The accountant might not tell you this, but you need to make his tasks simpler and faster.
Enterprise software can handle accounting and finance related solutions that end the queries of managing accounts, payable and taxes butter-smooth and reduce the workload of your account team.
Inventory Management is in Chaos
Another sign of getting enterprise software is that your inventory management is in chaos. Products are not updated regularly. Products actually in stock are showing as unavailable and vice-versa. In short, you cannot manage your inventory very well. It happens when you manage a lot of products and you do not count or manage inventory on a regular basis. Or it happens when your inventory is not integrated with the billing system software.
Owning enterprise software makes this thing very easy, whenever a product gets sold, the inventory automatically decreases the stock count, so you can get an accurate stock count for the inventory you are managing.
Not-so-easy IT Management
Using multiple software and multiple systems can be a nightmare for your IT department. Managing and integrating everything with each other is a big mess if you are using different software for everything. Moreover, your IT can be in chaos and once it is deep-down in the valley of chaos, it is very hard to get out of it, unless you start everything from scratch, which is more costly and time-consuming. So, contrary to Littlefinger’s statement, we can say here:
“Chaos is NOT a ladder”
So, better avoid that chaos and save your business by not falling for it. Adopt a better IT management system. Again, this situation recommends getting enterprise software.
Your System isn’t Mobile
Do you need to carry your laptop everywhere you go for your business management? Do you deal with reading emails, processing orders and manage things on your laptop even when you are outside office? Well, then it is 2020 already, and mobility is the trend! Go mobile to manage your business and everything! You live in 2020 and you can’t access your business data from your smartphone you surely, need to get something that helps you manage everything from your smartphone itself.
Enterprise software gives the solution to manage your system data from your phone and from your desktop. Just imagine yourself managing everything right from your phone while sitting in your home, having a sip of coffee! Now this is a solid reason to upgrade to enterprise software, isn’t it?
Well, the list may go on and on, but we are ending it here and covering only the major reasons which frustrate the most business owners and entrepreneurs. So, these are some major signs you should consider and give your business system a major upgrade and help it run as smoothly as silk.
If you are concerned about your software development budget then, you can consider Liferay for your portal development, as it is opensource and free to avail, its services also are relatively cheaper. Hire a Liferay consulting company to get your enterprise portal got developed. Liferay is awarded by Gartner as a Leader for the ninth year in the 2019 Magic Quadrant for Digital Experience Platforms (DXP).
Get your business an update, get yourself some relaxation at work! Let the software do your work, while you enjoy your life!
Featured image source: Freepik