A tailored software solution that meets your business’s requirements can provide a competitive advantage. It lets you maintain control over your processes, effectively address business issues and ensure that you are able to adapt as your company grows. It can also help you avoid costly and inefficient mistakes by eliminating redundant tasks and the necessity to transmit passwords through unsecure means (like emails).
A typical enterprise application works across several departments instead of only one, as is the case with traditional software solutions, which enhances collaboration, communication, and efficiency. Furthermore, this type of software usually includes predictive analytics tools that help decision makers to anticipate future market shifts and proactively take the necessary steps before they cause irreparable damage to the company.
Retail companies, for instance they can utilize data analytics to quickly spot patterns in sales and alter pricing plans and marketing campaigns and levels of inventory based on current data. Investment managers can also predict market trends by using historical information to make informed decisions about portfolio adjustments and allocation of assets.
A value-added seller can improve profits by providing services that improve the purchasing experience of its customers. For example, a company may offer demo floppy disks or evaluation copies of software to potential buyers, or offer pre-sales assistance. A software provider can also set up bid tables for large orders that are price sensitive nature. Combining these services with others can increase sales for the value added reseller and increase revenues for their customers too.