There are dozens of reasons to focus on software integration in your business – it speeds up company response time, boosts system-wide performance, and improves productivity. However, one of the most compelling reasons is that software integration is good for your company’s budget. Companies must take control of their finances in the technology sector, and integration is an excellent way to get you there.
The Importance of Software Integration
Software integration can help your budget in many ways. First, and most important, it can improve the efficiency of your processes. As any supply chain manager knows, the more efficient your workforce is, the more you’ll save. When systems are properly integrated, there are several different processes that must be followed. This takes extra time and attention, which costs more money. Integration cuts these steps and spending in half.
Another huge factor is the cost of installing software. According to a Gartner and Bit Stew Systems report, integration is one of the biggest costs for businesses. When implementing tech solutions, about half the total cost is spent on integration. This goes toward things like the integration of back-end systems, devices and data, and third-party middleware.
What’s more, about 75 percent of IoT projects are expected to use a third-party integration platform to make everything fit together. Naturally, this cost could be cut significantly with integrated products. It’s generally a lot cheaper to purchase an initial product that works seamlessly with another than it is to purchase a product that can act as a middleman for the two.
Integrating Software for Maximum Benefit
If you’re looking to cut costs considerably in your business, you’ll want to know about some of the top recommendations for integrating software.
1. Communication Paired with Productivity
The ability to communicate from anywhere with anyone is an incredible benefit for businesses. It’s even better when that communication software can be integrated into your productivity and analytics reports for maximum efficiency.
With communication software like Dialpad, you have the ability to connect with Salesforce, the Google Suite, Office 365, LinkedIn, and more. This helps keep your conversations organized and well-handled.
2. ERP Software and HR Services
Companies also need the ability to go through their HR responsibilities in a cost-effective manner and with fewer mistakes. An integrated software platform makes things like acquiring office space, handling travel, relocating workers, hiring new staff, and other HR responsibilities a lot easier.
Papaya Global is a fairly new resource noted for doing just that. They help employers with things like transferring information, writing contracts, reallocating budgets, locating suppliers, obtaining permits, completing payroll, and more. It integrates with a variety of services to help growing firms organize their HR responsibilities in one place. It’s a huge time-saver and significantly reduces risk.
3. Recruiting Marketplaces
Wouldn’t it be nice if, during the hiring and outsourcing process, everything you needed was in one, easy-to-access place? Integration with certain programs lets you more easily make connections and vet prospective contractors.
Scout is one search firm management tool that brings your recruiting services together. It’s made to work with Oracle, Workday, IBM, SAP, iCIM, and others like it for ultimate customer and vendor relationship management. There are more than 600 users on Scout, promising great deals on integration.
You’ve read about the benefits of system integration, and you’ll find even more when you put this into practice. Start searching now for the perfect software to reduce your bottom line and improve your profits.