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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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Editor's Note: Take a look at our featured best practice, IT Strategy (30-slide PowerPoint presentation). The key drivers of Information Technology (IT) or Management Information Systems (MIS) value are an organization's IT mindset and its ability to execute. Today’s best practices show that IT value can be maximized when enterprise IT investments are aligned with business goals and IT execution is [read more]
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Evolutions in software solutions are helping companies to streamline their processes and focus on growth. In the past, software was generally only used by technology companies, but these days innovative software solutions that improve workflow and save time are available for almost every single type of business. Software updates are now available in downloadable packages online, meaning business owners no longer need to wait for software programs to be released on disc. This move towards instant updates gives companies considerably stronger protection against cybercrime because security fixes are constantly being developed and made available to download.
This guide outlines some of the different types of businesses that could benefit from specialist software solutions:
Gym owners, personal trainers and fitness studios could benefit from software solutions like Virtuagym, which bring together all aspects of your fitness business into one intuitive platform. Combining membership management, appointment scheduling, and lead management, the program helps owners keep track of finances and provides data that can be used to upsell appropriate services to maximize revenue. The software helps fitness professionals provide a better service to their clients, with improved monitoring of customer progress and unparalleled communication abilities.
Whether you are running a purely sales-based business or a sales team within a larger enterprise, customer relationship management solutions like Salesforce could help collate all the information you have on your customers and their behavior. It works by integrating all of your team and technologies around one single platform. The platform has many benefits including the ability to:
If you are running a home inspection business, a management software solution like ISN could help simplify and streamline your business by bringing all of your customer relationship data together and automating workflows. Helpful features of the software solution include:
Specialist timber and builder merchant software like Spruce can help you transform the way you work, freeing up time to move your business forward. It is a cloud-based and completely integrated platform, which means all new customer, stock and order information is accessible from any device and is automatically updated. This helps reduce costly errors and can have a massive positive impact on all levels of communication across your business. Useful features include:
Software solutions like TrackTik can help security businesses connect operations between frontline, back office, and senior management. The platform gives you the power to follow the movements of your guards, reduce the number of manual tasks and easily demonstrate your value to customers. Featuring robust data capturing and analytics software, the program can help inform your decision-making in order to improve your overall security operations. The platform can help security businesses overcome industry challenges in these ways:
Remain compliant – stay up to date with the latest rules and regulations in the security sector in each jurisdiction and receive reports related to health and safety, labor laws and public safety.
You can download in-depth presentations on MIS and 100s of management topics from the FlevyPro Library. FlevyPro is trusted and utilized by 1000s of management consultants and corporate executives.
For even more best practices available on Flevy, have a look at our top 100 lists:
These best practices are of the same as those leveraged by top-tier management consulting firms, like McKinsey, BCG, Bain, and Accenture. Improve the growth and efficiency of your organization by utilizing these best practice frameworks, templates, and tools. Most were developed by seasoned executives and consultants with over 20+ years of experience.
