A customized software solution that is tailored to your business’s needs can be a major competitive advantage. It allows you to maintain control over your processes, effectively solve business problems and remain flexible as your organization evolves. Additionally, it can assist you in avoiding costly and inefficient mistakes by removing redundant tasks and reducing the need to send passwords using unsecure methods (like email).
A typical enterprise application works across many departments rather than being a single application like traditional software solutions, strengthening collaboration, communication and efficiency. This kind of software is often incorporated with predictive analytics tools, that allow decision makers to anticipate market shifts in the future and take preventative measures before they cause major damage to the company.
Retailers, for example can make use of data analytics to detect patterns in sales and alter marketing campaigns and price plans and inventory levels based on real-time information. Investment managers can also predict future market trends by using historical data to make informed decisions about asset allocation and portfolio adjustments.
A value-added reseller can increase its profits by supplying services that enhance its customers’ buying experience. For instance, a company could provide demo floppy disks and evaluation copies of software to prospective buyers, or it can offer pre-sales assistance. Software companies can also establish bid tables to handle large orders with a price-sensitive nature. Combining these services with others can increase sales for the value-added reseller and possibly increase revenue for their customers too.