7 Types of Enterprise Software That Will Transform How You Do Business

May 13, 2022

What is enterprise software?

Enterprise software helps businesses of all sizes run as efficiently as possible through the integration of computer systems into the organization’s key processes. This efficiency leads to greater customer satisfaction, lower operating costs, increased worker productivity, enhanced reporting, and more informed decision-making. Enterprise software can be involved in any and all aspects of a business including human resources, sales, marketing, finance, operations, and management.

Do I need custom or out-of-the-box software?

Out-of-the-box (or off-the-shelf) software is created to meet the needs of the general public. It typically comes ready to install and has a lot of support documentation due to being utilized by many other companies. It’s often more affordable than custom software but can have added costs as features are added or the user count grows. Businesses typically have to adapt their processes to the software.

Custom software is tailor-made to the needs and requirements of your business. Companies large and small can benefit from custom software that integrates into their operations and performs the business processes they choose, exactly how they want them done. Custom software can cost more and take longer to develop than out-of-the-box software, but can be easier to add features or make changes.

Different types of enterprise software include:

Enterprise Resource Planning (ERP)

Enterprise resource planning software is a centralized system that allows for streamlined data flow between the various departments of your business (e.g. Marketing, HR, Accounting, Finance, IT, Operations). ERP systems integrate with core technologies that companies currently use to create a cohesive environment that results in greater efficiency and productivity as each silo has access to the same data.

Customer Relationship Management (CRM)

CRM systems allow businesses to cultivate strong customer relationships and improve ROI by using technology to manage relationships with current and prospective customers. Through keeping all customer information and interactions under one roof, sales and marketing teams are able to gain valuable insights, provide a seamless customer experience, and allow for task automation.

Content Management System (CMS)

A content management system (CMS) allows users to build a website and manage the content on the site without any coding experience. Content management systems can be engineered to an organization’s specific requirements and marketing needs, and allow for maximum flexibility, security, and control. They can include features like an easy-to-use editor, document repository, SEO tools, and marketing automation.

Supply Chain Management (SCM)

Supply chain management system (SCM) revolutionize how a company manages manufacturing, supplying, and distributing. SCM’s streamline operations in the areas of procurement, inventory, warehousing, order management, logistics, forecasting, and more by serving as a central hub that manages the flow of goods and services from raw components to delivery. A quality SCM will facilitate cooperation between all links in the supply chain to save money and boost customer satisfaction.

Business Intelligence (BI)

Business intelligence systems help organizations gain profitable insights by developing meaningful structure around their data. A business intelligence system mines a company’s data, analyzes it, and then transforms it into useful reporting, dashboards, analytics, KPI’s and more. These insights help companies make key decisions like learn where to focus their efforts and where to reduce expenses.

Human Resources Management (HRMS)

Human resources management systems automate HR-related tasks, like recruiting, onboarding, training, payroll, and performance management. They save a company time and money by reducing paperwork, facilitating training, tracking KPI’s, monitoring time and attendance, and more. They also assist with keeping confidential data stored securely and ensuring compliance. HRMS are highly customizable to the unique needs of a business.

Business Process Management (BPM)

As businesses grow, formerly simple processes become complicated and time-consuming. Business process management uses technology to streamline these practices to save time and money while reducing user error. BPM systems look very different from one business to another as they are highly customizable, but most include workflow automation, electronic forms, reporting and analytics, and integration with existing systems.

Looking for a custom enterprise solution?

Since 1996, companies across the country have trusted Squarei Technologies with their software development needs. We’ve engineered custom enterprise systems to solve the complex problems faced by organizations in industries like healthcare, higher education, agriculture, real estate, and government. Contact us today at (970) 377-0077 or hello@squarei.com to learn how a custom enterprise solution could benefit your business. Read more about custom enterprise solutions.