We are living in a world of constant technological advances and innovations. Every year brings with it a number of innovations that impact our lives to a certain degree.
Smart entrepreneurs have realized how these novelties can help them better their companies and thus make bigger profits.
As a business owner, you need to know how important it is to be well-organized. Without good organization and order, your business won’t grow.
So, why don’t you consider taking advantage of various software tools that can help you improve certain aspects of your business?
Keep reading to find out how software tools can benefit your company.
Project management software
It doesn’t matter what industry or line of work you’re in, project management software is something you most certainly can use to your advantage.
Good project management software solutions not only make the lives of your project managers easier, but they are also made to meet your company’s specific requirements. This is due to the fact that these tools can be customized and tweaked to better suit your business.
But, let’s not stick to the technical side of things. Let’s just try to denote some of the most prominent features people adore when it comes to good project management software.
For a start, these tools improve overall collaboration. It happens way too often that many tasks overlap departmental boundaries in almost every single company. This makes it difficult for each team member to be aware of what is happening outside of their circle (department).
Project management software steps into the play here and provides a kind of a live activity stream that enables everyone to know what the other employees are up to.
Another great benefit these software tools bring with them is the scheduling feature. When you use project management software tools, it gets easy to keep track of milestones in a certain project.
In order for a project to be successful, each team member has to be aware of every milestone, they need to know what has to be completed and when.
Luckily, project management tools often have project timelines that can be updated and modified. This is really useful since every so often there are some changes in progress and resources have to be shifted.
Prime example
A great example of an agile project management software has to be Jira. Jira is an agile project management software tool used mainly by development teams to plan, track, and release software.
It is a well-known tool designed by Atlassian. And, since it is a part of Atlassian, it integrates with many tools that allow teams to manage their projects and products from end to end.
Accounting software
As you start to grow, the complexity of transactions that come in and go out becomes a bit overwhelming.
Of course, this is nothing out of the ordinary for companies that are going through growth phases. However, it is exactly then that you need to be on top of your accounting game.
And, what can help you master that game? Well, great accounting software, of course. A good tool of this kind can not only save you money but also save you hours and hours that you’d spend on dull tasks.
This way, you will know where each cent is going and you won’t have to bother yourself or your employees with crafting tedious reports and calculations.
But, before you actually buy accounting software, know that a good tool of this kind needs to show you an overview of all your finances, keep track of all the invoices, quotes, payments, and so on. It also needs to craft reports and help you make invoices.
Prime example
SAP ERP (enterprise resource planning) software is definitely worth considering if you want to keep all the finances spick-and-span.
For instance, if you go through with SAP implementation, you will get to enjoy fast, accurate, and automated closing processes along with a simple accounting process for all your operations.
Everything can be streamlined, from financial consolidation to compliance reporting and audits.
All-in-one business dashboards
Centralized dashboards for companies allow you to have a total overview of your business. This means that you will be able to see the progress of all your campaigns, as well as keep track of finances and every single thing that is managed.
Dashboards of this kind are designed to allow you to monitor every important thing. These can include projects, finances, customers, but they can also be used to monitor all the departments of your business.
This kind of dashboard lets you know the exact state of your finances at any time. It will also let you know what projects and campaigns are currently running and on top of that, you will have immediate access to all important business data.
This, in turn, will allow you to make better decisions faster. So, if you really like things tidy and organized, an all-in-one business dashboard is a must-have for your business.
Prime example
Cyfe is considered to be one of the top options when it comes to all-in-one business dashboards.
It lets you keep an eye on every aspect of your business. These can include social media, marketing, sales, and even the customer service department.
The interface is simple yet visually appealing, and the whole program is quite intuitive so you won’t have any trouble mastering it.
Customer relationship management software
Customers are the lifeline of your business. And that is the number one reason why you have to take good care of them.
Back in the day, CRM tools were mainly used by sales representatives. However, that has changed and CRM tools are now needed across all departments.
It’s just that customers nowadays expect better, more seamless interactions with companies. And that means that your CRM tool needs to keep track of all customer interactions on all platforms. Those platforms include Facebook, Twitter, email, your own website or blog, and so on.
If you fail to listen to your customers, that could leave you with a huge hole in the pocket. Unsatisfied customers often leave reviews and comments online. Consequently, a single bad interaction could lead to more than one loss.
Prime example
Agile CRM is a perfect example of a good CRM tool. It lets you automate all of your sales and marketing efforts.
The dashboard you get here is beautiful and intuitive, with a good overview that allows you to see the exact state of things. For instance, you can check the email open rate, revenue graphs, deals funnels, and much more.
Business intelligence tools
Business intelligence tools are designed to help you perfectly understand all the important trends and derive insights from the data you gather.
Their goal is to facilitate making tactical and strategic business decisions. Additionally, with the help of this kind of software, you will know what and when needs to be done so that you can always minimize the losses or maximize the profits.
The best bit about this kind of software is that data discovery can be handled easily. You won’t need to hire analytics experts. Instead, your best manager can do the job of an expert using a good BI tool.
On top of that, a good BI tool will give you insights into what you need to do to achieve growth, resolve issues that are urgent, and collect all your data in one place so that you can predict and anticipate important trends in the future.
Prime example
MicroStrategy is a good example of a solid business intelligence tool.
It offers a powerful and fast dashboarding and data analytics that can help you monitor trends, recognize new opportunities, improve productivity, and so on.
Users are able to connect to one or more sources and it doesn’t matter if data is coming from a spreadsheet, cloud-based enterprise software, or somewhere else.
This tool can be accessed from your desktop computer or mobile phone.