A software solution that is specifically tailored to your business needs can give you a competitive advantage. It allows you to maintain control over processes, tackle the business challenges efficiently and stay flexible when your company changes. Additionally, it can assist you in avoiding costly and inefficient errors by removing redundant functions and eliminating the need to send passwords via unsecure channels (like email).
A typical enterprise application works across several departments instead of only one, as is the case with traditional software solutions, which enhances communication, collaboration and efficiency. This kind of software is often integrated with predictive analytics tools, that allow decision makers to anticipate market trends in the future and take proactive steps before they cause severe damage to the business.
Retail businesses, for instance using data analytics, are able to quickly spot patterns in sales and adjust price plans and marketing campaigns as well as inventory levels based on real-time information. Investment managers can also predict market trends using historical data to make informed decisions about the adjustments to portfolios and allocation of assets.
A value-added seller can improve profits by providing services that enhance the buying experience of its customers. For instance, a company can provide demo floppy disks or evaluation copies of software to potential buyers, or it can provide pre-sales advice. Additionally, the software provider can set up bid desks that can handle large orders that are price sensitive. Combining these services could boost sales for the value-added reseller and may increase the revenue for their customers too.
