Office Solution
- An office solution is a set of related software programs and services that are sold as a single package.
- IT vendors, service providers and value-added re-sellers market their software suites and service bundles under the label solution to promote the idea that purchasing the product will help the customer successfully solve a problem or deal with a complicated situation.
- Many vendors, software developers, in particular, refer to all of their individual products as software solutions.
- For example, a vendor may call its antivirus software a solution because it helps to solve a particular problem.
- All-in-all, a software solution is one that is able to holistically address the customer’s business needs or problem statement, with a set of technology components designed, configured and developed to work in tandem with each other.
Why Office Solution?
- Office solution acts as a one-stop reference and guidance throughout the project for various stakeholders that are involved with the solution implementation.
- Maps the business requirements to various aspects of the solution that will be built out
- Provides the functional outline and technical architecture for the solution
- Provide clarity to developers on what to build, to the testing team on what tests to run and to the client/customer on what to expect from the end product.
- Helps come up with estimates for the cost, timeline and resource requirement for the project
- Acts as a baseline for change and control.
Dramatically Improved Visibility:
Real-time visibility is important in making timely informed decisions. When information can be accessed instantly from almost anywhere, without wasting resources on data extraction and tying data from different sources together, employees are better informed and can make more accurate, faster decisions. For example, by having all their business data available in real-time, König Wheels was able to monitor their suppliers’ workloads in real-time and doubled their business in four years while saving $120,000 annually.
Process Efficiency Across Your Organization:
There are several key processes that you may encounter in your daily operations, such as order management, fulfillment, invoicing, cash collection, expense approvals, and financial consolidation, to name a few.
In an ROI study by independent analyst firm Nucleus Research, of customers using NetSuite, the world’s leading integrated cloud business suite, Nucleus found that, by using an integrated suite, companies accelerated their financial close times by up to 50%, increase sales productivity by 12.5%, and increase inventory turns by 50%, among other efficiencies. In the same study, another customer, Advantage Sign Supply, cut its order processing time by 66%.
IT Time and Cost Savings:
With IT no longer having to procure, install, and maintain multiple systems as well as the various integrations between them, a significant reduction in operational costs can be realized while IT time can be spent improving the business operations.
Accelerated growth:
With an integrated software system, expansion to multiple locations and additional sales channels can be accomplished a lot faster because of unified order and accounting management processes and data. Companies can also up sell and cross-sell more efficiently to their existing customer base because of the improved visibility they obtain. Beyond the Rack, a company that was started as recently as 2009, was able to rapidly grow to serve 4 million customers by deploying an integrated system, NetSuite OneWorld.
User-Driven Innovation:
Because process changes can be implemented quickly, everyday business users are able to apply their functional expertise to tailor processes and applications in a way that improves performance.
Meanwhile, IT is liberated to focus on strategic initiatives that can add value to the bottom line by building innovative value-added solutions.