Every business needs an accounting department to handle its finances from invoices, to bills, to budgets, to profit/loss calculation, to payroll. As businesses expand, their financial matters expand as well, and the need for an accounting department and accounting software becomes increasingly eminent. Depending on the needs of the business, there is a wide range …
At a time when businesses are experiencing tough competition, everyone is doing their utmost to win customers and keep them. We constantly see new marketing campaigns springing up with special offers and new services to attract potential clients. But ultimately customers are drawn to the best service provider–the one that satisfies their needs. To achieve …
As the new year moves ahead at full speed, I’d like to talk a bit about some of the new business innovations that have recently become mainstream. In this particular blog, I’ll be focusing on The Cloud and the various ways you can take advantage of this technology. If your business doesn’t already utilize a …
As its name suggests, CRM software is designed to help you manage relationships with your customers. Whether you interact with clients over the phone, by email, over the web, through direct mail, or any combination of these, CRM software is intended to make your client contacts efficient and consistent. Package CRM is the most commonly …
Recent studies are showing that agile software development is on the rise, and for good reason. A survey from Forrester Research reports that 46% of IT professionals are endorsing agile methods in their companies. This means that businesses are increasingly choosing custom software over package software. So what’s the reason for this move towards custom? …
Last month we wrote about the respective scenarios in which package software and custom software are most effectively utilized. Our bottom line was: when functionality needs are basic, or when you need to standardize processes, package software is beneficial. Beyond this, if you have specific needs, a unique operation, and want complete control over your …
Enterprise software is similar to package software in that it is a ready built solution which you can purchase and implement into your business. Unlike package software, enterprise software is a solution intended to serve an entire enterprise rather than just one department. Unfortunately, enterprise software shares many of the limitations and disadvantages of package …
If your company is at a software crossroads in terms of moving forward, doing a cost benefit analysis is essential to making a good decision. Generally speaking, your three main options will be: Option 1: Buy and customize Package Software Option 2: Build Custom Software Option 3: Keep your current system Before choosing an option, …
Once again, contrary to software myths, custom software is not inherently more expensive than package software. In many cases, it can even be less expensive. Conversely, package software is not necessarily a faster solution than custom. There are many things to consider that will contribute to the total cost of ownership and the time a …
Package software is software that is ready-built and designed with specific processes and functionalities. It is different from custom software in that it is designed to be usable by a vast number of companies. If your functionality needs are pretty basic, package software is an excellent choice. If you need software to do very specific …