WHAT DOES GOOD BUSINESS MANAGEMENT SOFTWARE NEED TO OFFER?
In a world of accelerated technological growth, not knowing how to adapt to new trends will undoubtedly leave you behind.
With innovations increasingly affecting the business world, companies that don’t keep up with these changes have a high chance of seeing their businesses undermined.
The national scenario has been showing for some time that Brazilian companies are taking this need for digital transformation seriously.
According to data from ABES (Brazilian Association of Software Companies), Brazil is already the 9th largest software and IT services market in the world, with a forecast of continuous growth in the coming years.
But how to choose a business management software to help increase the productivity of your business?
Check out some tips in this post! But before:
What is software?
According to the dictionary, the definition of software is summarized as;
“A set of logical components of a computer or data processing system; program, routine, or set of instructions controlling the operation of a computer.”
The first use of the term was made in an article written by the American scientist John Wilder Tukey in 1958. Today, we can classify software among system software, application software, programming software and free software.
Business management software is a necessity, not a luxury
Digital transformation consists in knowing how to make the best use of existing new technologies as decisive factors for the success of a business.
With the help of software, for example, the increase in productivity in companies is tangible.
After all, automating processes not only means saving time, but also has an impact on the agility and quality in the performance of tasks, the reduction of costs and above all the tool for decision making.
Research has shown that in 2017 44% of companies planned to invest in process improvements or in updating management systems in Brazil.
But you still wonder: is it really worth planning to spend on technology in my company?
According to a FGV survey, an investment of 1% in technology results within 2 years in a company increase in profitability of 7%.
And this amount was registered in medium and large companies.
In smaller companies, the percentage of profit generated tends to be higher when business management software is used.
Therefore, seeking to computerize companies and processes is no longer considered a bold strategic alternative, but a basic requirement
What are the advantages of adopting a business management software?
Opting for business management software is an increasingly common decision for those who want to increase their productivity and continue growing in business.
It is important to know the advantages that programs like these can bring to your business.
Advantages of business process automation:
- Improve communication and integration among employees from the varied sectors of the company;
- Make employees more in tune with the established objectives and goals;
- Ensure the optimization of the implementation of activities, as a basis for strategic planning;
- More secure and consolidated information from departments or even other units (operational or business);
- Counting on well structured and accessible data in a more agile and accurate way;
- Reduce the dependency on hiring consultants.
What does good business management software need?
Knowing the advantages and importance of software, the time has come to understand how to choose a business management software.
What do you need to look for when you choose a business management software?
1. Universal methodologies
There are tools and methodologies already established in the corporate world that are crucial in the day-to-day running of your business.
When adopting business management software, it is very important to look for an option that not only can communicate with these benefits, but that improves its performance.
Therefore, look for programs that work using universal methodologies.
In STRATWs One, Siteware’s performance management software, each module is supported by enabling methodologies that support important analyses.
For example, in identifying problems, the brainstorming tool is used within the PDCA methodology to find the root cause of problems affecting a process:
In the analysis part, Pareto Analysis is used as a help in the form of a column graph.This graph groups and orders the frequency of the events in question:
2. Project portfolio management
Being able to integrate strategic planning with project portfolio management will be a necessary advantage for your business.
A software capable of making this link will make possible a better matching of the activities performed to the strategies established in each project of your company.
Try to give preference to the options that have adherence to PMBOK.
3. Automation of spot management
Manage with seamless information sharing among employees: the so-called spot management can appear laborious when not automated.
Therefore, a business management software capable of optimizing this process has a great advantage.
A good program can offer tools that help in presentations and reports, consolidating the information of the indicators used by your company.
4. Information security
In an increasingly technological world, security concerns are never excessive.
Analyze the data security features offered by the software before hiring it.
One of the main priorities should be to ensure the protection and confidentiality of your company’s information.
5. Comprehensive control panels
It is a great advantage to find software capable of gathering strategic, tactical and operational indicators in the same place.
It is also important to pay attention to those which have an integration with other systems used in the business and which is compatible with the most varied management models, such as MBO, GPD, BSC, etc.
6. Optimization of meetings
Every company recognizes the need to hold meetings, either among managers, employees or suppliers, partners and clients.
Relying on the help of technology to prepare and manage the progress and results obtained will make these tasks much more productive.
Look for a business management software that offers tools capable of facilitating all the different processes that follow a meeting:
- Agenda setting;
- Creation of tasks resulting from the meeting;
- Approval of the minutes.
With STRATWs One, you have access to a component focused on meeting management. It has been created with the purpose of centralizing the issues related to the management of the company that are discussed in meetings. It covers the whole process of a meeting, from the agenda, integrated to an Outlook or Smartphone Calendar.
It is possible to specify the place, time, call the participants, define the agenda, fill in the minutes and create and follow up the tasks agreed during the meeting.
7. Integration with HR
Good business management needs to be linked to the ability to analyse individual employees’ performance.
There is no way to improve the productivity of a company without knowing in depth the involvement of its team.
A software capable of integrating the Management area with the Human Resources area will be the key point to obtain relevant performance data for each employee.
This will provide the basis for more accurate evaluation and better pay planning.
Good business management must work intuitively, always with current data and agility in decision making.
It is essential that you are able to monitor and have access to your company’s information anywhere – and at any time.
Good business management software should be available on computers and mobile devices, such as smartphones and tablets.
Choose options that ensure availability in the cloud and are always connected to your business data.
Now, just choose a business management software that meets those demands.
Put this technological innovation to work for the productivity of your company.
Siteware has developed a business management software that allows you to monitor the entire management project of your business.
STRATWs One covers several functionalities in a single platform, with Corporate Performance, Improvement Opportunities, Individual Performance, Project Portfolio Management, Sight Management and Meetings Management modules.
All this in a cloud platform, which keeps your data always safe and accessible!
Revolutionize your business management with STRATWs One