Information Communication and Culture Minister Datuk Seri Dr Rais Yatim said in March 2010 that Malaysia is confident of reaching 50% Internet penetration by year-end. Currently, the country stands at 33.3%. In business, 55% of IT spending goes on software and applications1. While more businesses are aware that IT plays a crucial part of their businesses, far lesser realized that they will need smarter and more intelligent software to compete in the market.
1. Intelligence
Software which merely helps in reducing paperwork and routine workload is not intelligent enough to ensure businesses survive in this challenging market condition. Larger companies are using software to generate sophisticated analysis and accurately forecast the future of their businesses. XeerSoft aims to help SMEs to understand and realize the importance of intelligent software.
2. Advanced Analysis and Reports
Analysis alone is not enough. Any spreadsheets software can generate graphs and charts in a snap. Advanced analysis allows dynamic data to be organized into valuable information, in turn helps instant bottleneck detection, precise decision making and assist in charting the outlook of your business.
3. “Crystal Ball”
If your software does not give you a crystal ball in hand to predict the future, it is not intelligent enough. To cite some examples, intelligent software should be able to forecast purchases based on advanced sales analysis even for seasonal items; foresee future stock levels in advanced so inventory can be managed efficiently; and focuses on products which bring the most income for the business instead of managing unproductive products.
Diagram 1 Traditional Replenishing of Stocks - when stock quantity reaches reorder level, purchasers will order back to the shelf level
Diagram 2 ABC Analysis analyses your core products which bring in the most profits to your business
4. Integrated and Automation
Intelligent software also allows most of your routine workload to be automated thus reducing manual labor. XeerSoft provides automated commissions calculation even to the most sophisticated commissions, automated bank matching in accounting and even credit card reconciliation. While each department in your business does their own work, intelligent software should be able to integrate among departments and organize data as whole for the whole company.
Just like you could not see the future without a crystal ball in hand, words alone could not describe enough what intelligent software is. Call us today at 03-9284 8286 for a no-obligation, one-hour edu-presentation on intelligent software.
1 http://www.malaysiasme.com.my/index.php/SME-News/SMBs-must-take-profit-seriously-to-survive-downturn.html
No comments:
Post a Comment