Blog | London Consulting Group

Business software: 5 keys to choose the one your company needs

Written by London Consulting Group | Jul 10, 2023 10:52:21 PM

We are immersed in a world in constant evolution, where new technologies allow companies to renew and integrate new business software into their structure to have access to the best technology and provide the best service.

This tool is key in the management and optimization of a company's operations, as they are computer programs that are used to perform specific tasks within an organization. 

It can be used in different areas of the company, such as financial management, human resources, inventories, customer experience and many areas of operation to generate better strategies and results. 

Learn how to implement it and have all the benefits of enterprise software.

Types of business software

There are different types of business software that adapt to the needs of each organization. Here are the most important ones.

1. Customer Relationship Management (CRM) Software

This business software is important for companies that need to maintain constant contact with their customers. 

This makes it easier to know where they are in the sales process and how they can help them move forward to become a customer.

2. Enterprise Resource Planning (ERP) Software

ERP software helps coordinate different areas of the company, such as accounting, inventory management and project management. 

The main objective of this type of software is to have better management of the different departments and processes of a company, through the centralization of data and the automation of tasks. 

In this way, companies have a global and real-time vision of their operations, which allows them to make better business decisions.

3. Supply Chain Management (SCM) Software

It is an important tool for companies that need to coordinate the different activities of their supply chain, from planning and inventory management to the production and delivery of products to customers.

It helps to improve this entire chain, resulting in reduced costs and improved quality of products and services offered by the company.

5 keys to choosing the business software you need

Now that you know the types of business software, it is time for us to tell you the 5 main aspects you should consider to choose the best option.

1. Cost

This point refers to considering not only the monetary costs, but also the resources and time required for the installation and maintenance of an enterprise software. 

Open source programs are usually more suitable for installation in the cloud, while commercial software offers options for installation on the company's servers. 

In addition, the acquisition of such software may require the hiring or availability of developers or technicians, which can lead to extra costs and time.

Consider all of these options so that you can make the best decision.

2. Reliable supplier

Although some companies design and create their own software according to what they need, the most common is to resort to external suppliers.

If you choose this option, always opt for transparent, experienced companies and look for feedback from their current or past customers who use the business software you need. 

There are even organizations that offer free trial periods so that you can confirm that this is what you need and purchase it.

In our case, at London Consulting Group we always seek to leverage the investment that companies make in software and help them implement it on time and choose the option that best suits the operation of the business to achieve the objectives they are looking for. 

To do this, we need to understand how your company operates, how its actions impact the results, identify needs and based on that, choose the best business software and optimize processes.

3. Security

This type of software incorporates its own security system that guarantees users that all the information they enter will be protected against cybernetic attacks. 

Most of them have different layers of security, contrary to what happens with Open Source, which requires people to install security measures themselves or have more vulnerable systems.

Always make sure that the supplier of your business software offers a good security guarantee so that all your information is protected. 

4. Scalability

Another important aspect of enterprise software is what can be achieved with it in the long term, that is, its scalability. 

This gives companies the freedom to hire more functions or tools, depending on what they need, and they do not have to migrate from enterprise software. 

It would be enough to ask the software provider to add certain modules or acquire a more complete package, pay for it and access it. All of this gives companies a lot of flexibility.

5. Legality

The General Data Protection Regulation (GDPR) and the Organic Law for the Protection of Personal Data and Guarantee of Digital Rights (LOPDPGDD) have modified the processes companies use to capture, process and store their own and their customer's data.

Therefore, companies must be sure that the software they use complies with all legal requirements and privacy policies.

London, your partner for choosing and implementing the right business software

Implementing any type of business software or technology within a company is one of the most important steps, so it is necessary to have a detailed action plan.

The learning curve must be considered in order not to make mistakes when adopting new systems.

For this, in London Consulting Group we accompany organizations to implement any system, through collaboration, self-organization and change management to deliver software performance segments in short periods.

This is achieved through Readiness Assessment, which allows to evaluate the level of readiness your company is in to implement a new software and what is needed before starting the process.

Greater success can be achieved in less time and at a lower cost.