In today’s digital age innovations in the virtual realm are driving businesses to new levels of success. New technology is driving the disruptors in industries such as banking. Neobanks with cutting-edge design solutions are making waves in the centuries-old sector. There is much to learn from technology’s new disruptors. Your business should draw inspiration from them, bringing in new, productive software in order to achieve an edge over your competitors. Here are four options in this growing and exciting space.
- Vendor Portals
Instant communication and data sharing are an absolute must for B2B relationships. You’ll find these benefits and more from SAP certified software which brings together your entire supply chain in one centralized location, creating a ‘vendor portal.’ The innovative Omnia Supplier Portals, developed by www.weaveability.com, can automate the tricky process of keeping track of your purchase orders, scheduling agreements and request for quotations. This platform allows your suppliers to view demand forecasts in real time helping them to plan accordingly and ensure they always meet demand.
- eCommerce Solutions
Another major boon for companies that sell their products or services online is the ever-improving eCommerce suites. The software helps generate sales by encouraging customers to your point of sale. The buzzword of the last half-decade has been ‘frictionless trade,’ pioneered by sites such as Google and Amazon. These sites allow customers to make purchases without having to stress about their method of payment or confirmation requirements. Your goal when selling online should always be to offer multiple, seamless payment options on an easy-to-navigate website.
Accounting is one part of your business that you should automate. The likelihood of human error decreases significantly and makes tax compliance far more manageable, cheaper, and more efficient. New software goes even further than typical accounting; it’ll help you make financial decisions by organizing your sales data into easily digested reports. With these reports, you’ll be well-placed to optimize your business operations by reinvesting or consolidating the cash you siphon of from your profits.
- Smart Marketing
The rise of programmatic marketing, algorithm-based software that pinpoint the right customer to personalize advertisements too has changed the game forever. These targeted ads use consumer data available on the internet. It helps draw in consumers and clients through customized adverts targeted at those who are more likely to want your products and services. You can use the disruptive new marketing techniques through a third party or through purchasing software through to run your own tailor-made campaigns.
Dynamic and adaptive businesses know that they need to keep up with software developments to stay relevant. This guide reveals four such suites that’ll position you at the very cutting edge within your given industry.