A successful enterprise software development project can transform your organization, revolutionize business processes, and give your company greater control and visibility over enterprise systems.
Enterprise software is not the same as the standard software development that most consumers and businesses are familiar with. An enterprise software system must support critical business operations.
As a result, enterprise software developers must take a multi-disciplinary approach to enterprise application development. This post will explain what enterprise software development is, review common examples of enterprise software, and cover the benefits of enterprise app development.
What Is Enterprise Software Development?
Enterprise software development is a multi-disciplinary approach to the software development process that must satisfy the needs of an entire organization instead of individual users.
Typically, the enterprise software development process includes features and functions related to customer relationship management (CRM), business intelligence (BI), enterprise resource planning (ERP), accounting, and payment processing, just to name a few.
Enterprise software is a critical piece of technology that organizations rely upon to handle vital business operations and processes. Enterprise apps enable organizations to optimize their operations, reduce business costs, improve service levels, and simplify compliance.
All in all, high-quality enterprise software should increase the productivity and profitability of an organization, which is why so many companies actively pursue custom enterprise software development.
Common Types of Enterprise Software
There are many different types of enterprise software. However, there are a few solutions that are common among organizations, including:
- Enterprise resource planning (ERP)
- Customer relationship management (CRM)
- Business intelligence (BI)
- Supply chain management (SCM)
While these are a few of the most common enterprise software solutions, it is crucial to understand that with custom enterprise software development, your organization could develop a software solution that includes all of these features in one product.
Enterprise Resource Planning (ERP)
ERP software enables organizations to manage daily processes like sales, marketing, production, human resources, accounting, and more. Enterprise resource planning software helps organizations actively manage and stay informed of their financial health.
ERP software can offer organizations significant help and integrate with several processes and business tools across the enterprise. In addition, ERP is generally capable of integrating with the other types of enterprise software like CRM.
Customer Relationship Management (CRM)
CRM software is vital to the success of sales and marketing teams. Customer relationship management software keeps track of leads, sales, client and potential customer interactions, and much more.
CRM software manages all interactions your organization has with customers and potential customers. This level of management ensures that the organization is always aligned when it comes to communicating with customers. It also ensures that no customers get lost or forgotten.
Business Intelligence (BI)
Business intelligence (BI) tools enable organizations to gather, analyze, and visualize data critical to their business operations and industry. BI solutions enable business leaders to make better decisions and plan for the future of the business more effectively.
These tools use HiTech innovations like Machine Learning and Artificial Intelligence to draw insights from large data sets that might otherwise elude the human eye. These tools generate highly detailed reports and deliver them in a manner that is easy to understand and interpret.
Supply Chain Management (SCM)
Supply chain management enterprise software is vital to any organization that has manufacturing processes. SCM software ensures that there are always supplies running through your organization’s manufacturing processes.
SCM is sort of like CRM for supplier relationships. SCM enables your organization to track orders, manage relationships with suppliers, manage inventory levels, forecast demand, and so much more.
The Benefits of Custom Enterprise Software Development
With all of the available third-party enterprise systems, why should your organization pursue enterprise software development? No two enterprise organizations are the same. A one-size-fits-all approach to critical business processes is unwise.
The top benefits of enterprise software development include:
- A comprehensive solution
- Cut costs
- Competitive advantage
- Scalability
A Comprehensive Solution
Enterprise software development enables your organization to utilize a comprehensive business solution tailored to the exact needs of your business. Instead of integrating several different enterprise tools and hoping that they cover all operations, develop a custom solution that serves your entire organization.
Instead of trying to pull data from several different tools and sources, a custom enterprise software solution offers your business actionable intelligence that comes from every facet of your enterprise.
The most significant benefit of custom enterprise software development is that your company gets a tool that is uniquely built to meet all of its needs.
Cut Costs
Custom enterprise software development can help your organization cut costs. While enterprise software development costs more upfront than a third-party enterprise software solution, in the long run, your enterprise will save money with a custom solution.
First, you will eliminate the costs associated with licensing or subscribing to third-party software solutions. In addition, with a custom solution built to meet the exact needs of your processes and operations, your enterprise can operate more efficiently.
By increasing efficiency and predictability, your organization can control and cut costs.
Competitive Advantage
Businesses are always looking for an advantage over their competitors. Custom enterprise software gives your organization a distinct advantage over its competitors. While everyone else is using standard third-party software, your organization can use a comprehensive solution tailored to its exact needs.
This type of tool can give your organization greater insight into data and industry trends while making your processes more efficient. When your organization can move faster and access more timely information, it will have an advantage over the competition.
Scalability
Custom enterprise software solutions offer organizations greater scalability and flexibility than third-party solutions. Business needs change; when it is time to scale quickly to meet the current level of demand, custom enterprise software solutions offer greater agility.
Custom enterprise software solutions can grow with your business, which simplifies the future of your organization as it reaches and surpasses its goals.
Final Thoughts
Enterprise software is vital to the success of modern companies. If you want to learn more about custom enterprise software development and the immediate impact it can have on your organization, contact an experienced development partner like Koombea.
