1. Project Management
A customizable project management application will offer the flexibility that you need to manage projects effectively: after all, no two projects are exactly alike! However, it can also provide you with the backbone of processes and information that are indeed alike, so that you donâ€™t have to reinvent the wheel with every new project, and so that you can access the information you need at a glance to know how far youâ€™ve come, how far you need to go, and any trends to watch out for.
What you need to report may be quite different from what other industries need to report, or even other businesses operating in the same space. Customization helps you to get the data that you need in a much more efficient manner, and create reports that are genuinely helpful.
3. Business Intelligence
Data by itself doesnâ€™t add much value if youâ€™re not really doing anything with it. Customization allows you to incorporate business intelligence, so that you can analyse the data in a more meaningful way in order to ensure optimum business growth.
A payroll system that is designed with another country (or even another city!) in mind may not be particularly useful to you unless it can be customized with the relevant legislation and processes where you do business. And of course, if your business is spread out across the country or the world, then your payroll can get even more complicated! Customization allows you to address these issues, so that you donâ€™t end up with compliance issues that could potentially lead to hefty fines.
5. Inventory and Logistics
Especially if your business revolves around products, knowing what goes where and how is of crucial importance. An out-of-the-box solution can fulfill your needs if they are very basic, but often youâ€™ll need an extra level of customization depending on the product functionality, the logistics setup, and how you deal with it when things donâ€™t go to plan.
In the past, these business functions were largely handled by traditional IT infrastructure: clunky, rigid, expensive and involving large amounts of capital expenditure (purchasing hardware and software) and operating expenditure (security, updates, disaster recovery, etc.) The renowned US technical advisory firm Gartner estimates that among businesses who operate on-premises IT infrastructure, the IT team will spend 80% of their budget on non-core activities that donâ€™t grow their business: upgrading, maintaining, repairing and so on. According to IT expert Ben Kepesâ€™ excellent article Cloudonomics: The Economics of Cloud Computing, the same applies for time as well, and your carefully handpicked staff could no doubt better spend their considerable talents elsewhere.
By outsourcing the â€œgrunt workâ€ to a cloud provider like InBold Solutions, your data is in safe hands, and you achieve an excellent return on investment when compared to the cost of buying hardware and software, setting up infrastructure, keeping it working, and paying the salaries of IT staff.
On the other hand, if you do have IT staff, going on the cloud means that they are now free to spend their time in a much more valuable way: growing your business with optimum solutions to its needs, and brainstorming innovations that will help you do things even better.
Feel free to get in touch with us if you have any questions about the customizable cloud solutions that we have to offer your business. Itâ€™s time to spend less time thinking about cables, and more time thinking about helping your business achieve its potential.