CRM and ERP Combination for Business Solutions

Published on: 04 June 2019 Last Updated on: 15 October 2019

A major component of running a business successfully -any business- is being able to have all your information integrated. At MCA Connect we have the ability to intertwine both your CRM and ERP needs seamlessly.

Every business has 2 sides. You have the customer base side and you have your employee sides. Both of these sides are vital to your business success and both sides have unique needs. It is crucial for business owners to understand the needs of both sides. The owners can work with technology experts on how best to combine those two, ensuring that all needs are being met.

Let’s take a look at each aspect and how it affects your business:

ERP, Enterprise Resource Planning, is a vital component of your business’ operations. To run ERP successfully you will need to implement this software within your company. ERP software will help manage sales and marketing, human resources, accounting, manufacturing, order management, and distribution.

Using ERP software effectively will help your company with product and purchase planning, manufacturing and delivery planning, inventory management, shipping and payment, supply chain management, accounting, marketing and sales, and customer relationship management. An ERP system can be comprised of a single suite of software or multiple software applications that can be integrated with each other.

CRM stands for Customer Relations Management. This type of software is used to assist the customer-based side of your business. This software will help your business to keep track of customers and their purchasing patterns, identify business opportunities and new sales leads, streamline the sales process and reduce paperwork, automate the marketing process, manage social media, and facilitate support for current customers. You can purchase different software to handle all of these applications, but there are some all-inclusive software options available.

So how do both of these functions work together?

Both ERP and CRM systems will help your sales force automation and marketing automation. There is where the overlap ends. If you are using an ERP system that you like, then you can just integrate a CRM system.

If your business is growing or you just need to revamp your current system, then it is recommended that you upgrade your ERP. Once you have your updated system in place, you can add in CRM components to best fit your company’s needs.

Using a combination of both ERP and CRM systems will streamline your business and be a positive change for your company. By using both technology systems, you are integrating both sides of your business. A good combination system will allow you to be up to date with your manufacturers and suppliers and to have up to the minute info on orders and deliveries. Your company will also be able to accurately and quickly answer questions from customers and manage their needs. And everyone in your company will be using the same technology and will have access to all up to date information.

This combined CRM and ERP technology will assist your company seamlessly and help it to continue to grow and be successful.

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How to Get a Business Visa to Singapore: Insights for Foreigners

Singapore is a business-oriented country with a lot to offer to both local and foreign entrepreneurs. Young entrepreneurs and experienced investors who are looking for an avenue to expand their businesses can start a venture here. The main reasons that make businesses thrive here include a stable political environment, friendly taxation policy, supportive investors, and availability of a ready market among others. If you are a foreigner who is looking for an opportunity to obtain a business visa that is valid in Singapore, there are many avenues to get one. Here, we will advise you on how to go about it in the best way. One important thing to note is that each has its requirements, and you must fulfill them to successfully get a visa. Apply for an EntrePass Any foreign entrepreneur with an interest in starting a business in Singapore should apply for this visa category. The main qualifications include a viable business idea (even without capital) and proven business skills. The Singapore government nurtures young entrepreneurs who are likely to contribute a lot to the progress of the country. Therefore, they can introduce such entrepreneurs to various investor programs and government funding and grants. If you have the right qualifications, applying for an entrepass will be straightforward and easy especially if you have an immigration agent to walk you through the process. In this case, you can check the Visa Express website for more information on how to go about this. Applying for an Employment Pass Also known as an EP, this is a visa that allows foreigners to come and work in Singapore in different positions depending on their skills. The visa is renewable after two years. According to studies, many foreigners who have been employed in the Lion City find it easy to switch lanes and start a business of their choice. The good thing is that applying for another visa during the renewal of a previous one is easy. But it still requires the help of an agent to ensure that you meet all the qualifications before you start. Obtaining a Permanent Residency Visa If you want to get a PR in Singapore, you must invest in the country either directly or indirectly. However, holders of an EntrePass or EP who have stayed in the island state for long enough might qualify for PR. The good thing about a PR is that you can start any business that suits you and move in and out of the country without any restrictions. Actually, you get to enjoy numerous benefits just like the citizens. When you invest directly in the country, you are given the PR visa instantly. This could be a big business with significant capital. Alternatively, you can inject your money into any business in the country and earn indirectly. Final Word As you can see, there are many ways of getting a Singaporean business visa and becoming a big success within no time. No wonder, many foreigners are choosing this destination to either start a new business or expand one through a branch company. Read Also: Five Tips for a Successful Business Road Trip Doing business in the UAE: pros and cons Follow These 5 Tips To Avoid Mistakes In Immigration Application

How Portal Software Improves Communication Between Board Members

Managing the board of a corporation or not-for-profit, no matter how large or small always comes with a number of challenges. Board members, who may be based in several different cities, need to be able to communicate easily and openly with each other, but they also need to be mindful of security issues. Because board members tend to be quite busy people, finding time for preliminary discussions is as important as it is difficult. As anyone with board management experience knows, the key to running an efficient board meeting lies in the planning and preparation that takes place in the days and weeks leading up to the meeting itself. Ideally, board members should always have all of the factual information they need before the meeting starts and be ready to discuss higher-level questions, which is why making sure there is a secure forum for board members to discuss the information and clarify any questions they might have beforehand is vital for ensuring that meeting time is used as efficiently as possible. One of the most common complaints about board meetings is that valuable time gets wasted making sure everyone is up-to-date on the issues being discussed that could have been spent debating motions and planning for the organization’s future. At the same time, some of the most popular electronic communications tools, such as Jook SMS and Gmail, are notoriously susceptible to hacking. This makes them a risky way to hold discussions ahead of a board meeting and often leads board managers into a double-bind: the tools that their members are most comfortable with and most likely to use in preliminary discussions also pose serious threats to the organization’s security. So how can boards strike a balance between facilitating good conversation while also maintaining security? One of the most popular solutions to both of these problems is board portal software. Companies like Vancouver’s Aprio have developed software that allows board members to share and discuss information through a secure electronic portal that they can access from their mobile device or desktop computer. Portal software not only makes it easy for the board manager to deliver all of the necessary documentation to board members before the meeting begins, it also provides the members with an intuitive, easy-to-navigate way of accessing the documents from anywhere in the world. The portal software also streamlines governance by making everything that board members need available in a single place. Instead of having to scroll through email threads to find the right documents, and potentially getting into inefficient discussions about which version of the document is most up-to-date, with portal software members literally have all the information they need at their fingertips. Board portal software can play a major role in helping boards communicate more effectively, and by giving board members a chance to do more of their work in advance they can drastically improve the efficiency of board meetings. With better communication comes better decision-making, and it is no surprise that some of the most innovative businesses in North America have turned to board portal software to create stronger, more networked leadership and improve board governance. Read also: 6 Things You Should Know Before Starting A Business

A Digital Asset Management Solution Overview

More businesses these days operate exclusively or mainly in the digital world. The digital frontier is the internet and the various software suites that companies use to access it. They might utilize cloud computing for the enhanced security that it offers. This also means that more companies have extensive and highly valuable digital assets. These businesses must frequently come up with safe yet innovative ways to manage them. We’ll talk about some digital asset management solution basics in the following article. In this article, we are going to speak with leading professionals from SPW Enterprises. They offer IT asset relocation in Malaysia to both big and small firms. They will help us shed some light on what are Digital Assets and why they need to be taken seriously in 2022. What Exactly Are Digital Assets? Before we get into the exact purpose of DAM, or digital asset management, you should understand what we mean when we use this particular term, “digital assets.” That’s kind of a catchall phrase that can include all sorts of things, but let’s run through what a company might mean when they use it. The most basic way to define the term is to say that digital assets are assets that come in a digital format. Digital simply means the asset in question appears in cyberspace. You cannot physically hold it in your hand. When a company uses the term “digital asset,” they also probably mean they have exclusive rights to it, and it is their sole prevenance. They would not use the word “asset” if that weren’t the case. Other companies or individuals cannot legally use it without permission or without paying a licensing fee. Digital assets might include slide decks, images, spreadsheets, files containing text, videos, photos, and so forth. Companies might have a tremendous amount of digital assets that are their intellectual property, or they might only have a few of them. That depends on how big the company is and what exactly it does. How Can You Manage Digital Assets? Now, let’s get into the digital asset management concept a little bit more. The reason the average company needs to produce digital assets is to help a customer. They must create the images, photos, text, etc., to help a customer or client through each buying journey phase. The “buying journey” is the route through which a company leads a client until they produce the finished product that the client wants. If the client wants to get to that end-stage where they’re happy with the deliverable, they must be part of this process through each development phase. It stands to reason that the digital assets a company creates for a client will include trade secrets of all kinds. The digital assets might feature new tech that the R and D department has produced. It could consist of images, crucial development data, lab test results, and more. If a company does not bother to get a digital asset management solution to handle all of that, they risk a data leak. Security is definitely one of the main reasons why businesses implement DAM systems. Convenience is another since a DAM system often adds structure and clarity when the client wants a project status update. What Specifically Can a DAM System Do? Different digital asset management systems have various functionalities. However, you can count on them to do a few basic things, regardless of the industry or project details. They can keep all the assets in a centralized location so both the developing company and the client can review them easily. They can look for a file based on its name, the copyright information, associated keywords, technical specifications, and its origin. If you’re one of these companies that are doing project development for clients, you’ll probably want a DAM system that allows you to find files quickly using advanced filters. If you’re in a vital project status meeting with a customer, they will expect no less. You’ll also want your DAM solution to ensure marketing and brand compliance. You might be in a field or you may represent clients who are in an area that has governing bodies which demand strict protocol adherence. You must comply with all licensing agreements because if you don’t, these governing bodies can levy heavy fines against you. You also want a DAM solution that speeds up the project’s time to market, assuming it’s a physical product the company that hired you is going to offer the public. The right digital asset management solution is one that helps you speed through the development process, so your client’s competitors don’t leave them in the dust. In short, companies that don’t utilize digital asset management solutions often find it hard to compete with ones that do. Read Also: A Guide to Choosing an Enterprise Document Management Solution How Can Master Data Management Help Your Business?

CRM and ERP Combination for Business Solutions

Let’s take a look at each aspect and how it affects your business:

So how do both of these functions work together?

Battle Tested, Proven and FUN: Nine University’s KT V.I.P

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Content Rally

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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Related

How to Get a Business Visa to Singapore: Insights for Foreigners

How Portal Software Improves Communication Between Board Members

A Digital Asset Management Solution Overview

CRM and ERP Combination for Business Solutions

Let’s take a look at each aspect and how it affects your business:

So how do both of these functions work together?

Share this Article

Battle Tested, Proven and FUN: Nine University’s KT V.I.P

Leadership Qualities help in Enhancing Visionary Transform

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

Leave a Reply

Popular

Follow Us

Recent

Related