To achieve any goal, business companies develop plans and strategies that employees try to adhere to. But as your business grows, all processes become more complex and it becomes nearly impossible to manage them manually, and there is no need to because with the development of technology you have a huge range of programs to help make your life easier. In this article, we will talk about the software that would be useful to any company.
Enterprise Resource Planning (ERP)
Many companies still conduct processes such as maintaining customer databases, managing, and processing orders and accounting with outdated tools. Spreadsheets Excel, pen, and paper are no longer an actual solution to such tasks, especially their quality depends entirely on the human factor. Also, with this method, there is virtually no data between companies. They can be delayed in delivery and have a lot of mistakes and typos. This in turn leads to a time-consuming process of rechecking or financial costs Many problems such as delivery failures, surplus stock, or a large amount of waste can appear due to the poor execution of this work.
In such cases, fast data exchange is critical for fast decision-making, and an ERP system can help. This technology solution is the hub of your entire operation, which uses a single database and minimizes errors. Data entry is also simplified because it is entered once and can then be used by all departments. As a rule, the system consists of several modules and each of them is responsible for the digitalization of a certain department of your company.
Customer Relationship Management (CRM)
Maintaining good communication with customers and sales is the key to the success of any business. Sales reps are not superheroes, they can’t notice, follow and do something without missing some detail. So they can miss opportunities to cross-sell or promote new services.
With the use of a CRM system, your company will doubly improve the relationship with all of your customers. The system is a list of contracts where you can see and read reviews of your relationship with each client. So you can always keep in mind how and when you contacted this or that client and give you the guarantee of reliable lead retention.
Other features of CRM systems include:
- Tracking leads
- Order management
- Communication with customers and tracking their status
- Ad campaign planning and tracking their effectiveness
And these are not all the features that await you with the emergence of the CRM system in your organization.
Virtual Data Rooms (VDRs)
Today’s companies need to conduct mergers and acquisitions, due diligence, or fundraisers to move forward, while they need to allocate their time efficiently and ensure high protection of the confidential information which they provide to third parties. That’s where virtual-dataroom.it (VDR) can help them, last on the list but not least.
VDR automates and simplifies many business processes related to providing and reviewing sensitive data. Now the parties can coordinate the details of the transaction between them and conduct them without meeting in person. This saves time, costs and guarantees a high level of security.
VDR provides many features to protect your data, such as encryption methods, dual authentication, watermarking, role-based document access, and more. It also provides an easier way to organize and access documents.