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Custom Business Software
What is Custom Business Software?
Custom business software is in its simplest terms software that is built just for your business and your unique requirements. The reason you would implement custom business software would be to reach your goals faster, automate processes, eliminate error, save you time, make you more profitable, develop a new product, or harness the uniqueness of your business.
With off-the-shelf software, you are tied to and constrained by how someone else thinks you should run your business. The upfront cost of off-the-shelf software might be cheaper but the long-run opportunity could be great. Also with off-the-shelf software, you are doing all the same things your competitors are doing. For rote/typical tasks like accounting, payroll, and invoicing, sometimes off-the-self software makes sense, but for things that are unique to your business, that set you apart, that is when it is time to evaluate custom business software.
Why Custom Business Software?
Built to suit your business, not someone else’s
Your business is unique, it has its challenges, rewards, and requirements, so why should your software be the same as your competitors? Don’t buy software off-the-shelf with features you never use, while lacking the features you need. With custom-built software, there is no need for workarounds, or coming up with kludge solutions that are clumsy, error-prone, and time-consuming.
Flexible solution that can grow with you
Your business is ever-changing 5 years from now your business, strategy, and workflow will look very different. With custom business software when your business changes your software can adapt to that change. Let’s say you go into a new market, a new software module can be built for that, and retain and integrate your current data so you can leverage data analytics and also keep all functions within one system and not have to context switch, which can kill productivity because you are using another piece of software.
Beat the competition with custom business software
When you build custom business software the entire platform is built around your business and how you do business. This will streamline your day-to-day activities, make everything run smoother, and faster, and also provide a better experience for your customers in the same way it gives a better experience for your business.
Save money… while making money
You and your business are in it for the long haul, so custom business software will save you money based on long-term savings and profit. Let’s take for instance the off-the-shelf software costs you $20,000 over a 5-year span and the custom business software costs you initially $45,000 to build. Let’s say modestly your custom business software saves you in efficiency, hiring costs, and automation $25,000 a year, and also makes you $20,000 a year extra from sales effectiveness, customer satisfaction, and new software-based initiatives.
Custom Business Software Cost/Profit over 5 years
Initial software cost $50,000
Efficiency savings: $25,000 X 5 = $125,000
Growth revenue: $100,000
(Savings + Growth) – Initial Cost = $175,000 profit/savings therefore this is not a cost, it is an investment.
With the off-the-shelf product which cost $20,000 didn’t make you anymore and didn’t save you anymore, it just cost you $20,000 and you lost out on becoming more efficient and streamlined and also the added revenue potential.
Is Custom Business Software Right For You?
Contact Us and we can walk you through our evaluation to see if Custom Business Software is right for you. Also based on our initial chat we will be able to give you a range of what it would cost to have your custom business software built. Contact us, we are friendly and available to discuss how you can leverage customer software.