Many companies fall into a costly trap of accumulating multiple disparate systems that slow things down.
It all starts off simply. Your business sees a need to be answered, then another, and so on. So, you buy accounting software to track expenses. Then add CRM to handle your customers, and a separate system to manage HR, and thus the tangle grows.
As more software is added to manage teams, automate processes, and provide insights into operations, the result can be costly, with loosely connected systems with brittle integrations. But it doesn’t have to be this way.
Here are 4 red flags it’s time for a change:
1. Tracking Becomes Challenging
When your business operates on multiple platforms, tracking becomes a Herculean task.
Each system has its way of storing and processing data, making it difficult to get a comprehensive view of your business operations.
The lack of a unified system results in significant time spent reconciling data across different platforms, leading to inefficiencies and inaccuracies.
When your teams spend more time managing data than driving business outcomes, it’s a clear indication that your current systems are no longer serving their purpose.
2. Reporting is Unreliable
Reliable reporting is the backbone of sound decision-making.
However, when data resides in silos, achieving accurate and timely reports becomes a challenge.
Disparate systems often require manual intervention to compile and analyse data, increasing the risk of errors.
If your decision-making process is being compromised by unreliable reports, it’s a sign that your business systems need reevaluation.
3. Costs Add Up
Each system in your technological stack not only comes with its initial purchase price but ongoing maintenance costs, training expenses, and potentially, additional hardware investments.
When systems are not seamlessly integrated, the complexity increases, as does the cost of upkeep.
These hidden costs can quickly snowball, consuming a larger portion of your budget than anticipated. A unified system offers a streamlined approach, reducing the total cost of ownership and offering better ROI.
4. Integration Problems
Perhaps the most telling sign that it’s time to move away from disjointed systems is the constant battle with integration issues.
As your business grows, so does the number of systems, each introducing its own layer of complexity. Integration problems can lead to data discrepancies, process delays, and a reliance on unstable workarounds.
If your team is spending more time fixing integrations than focusing on core business tasks, it’s time for a change.
The Solution: NetSuite with UniFi
You don’t have to be stuck in software purgatory.
Recognising these signs early can save your business from unnecessary setbacks.
There’s a solution— NetSuite with UniFi.
UniFi was created to be the one App to replace multiple systems. With it, you can consolidate your 3rd party systems into one app, which gives you the added benefit of having a single source of truth.
If changes are made in one system, UniFi will automatically update all other systems, eliminating the need for manual re-keying of data.
By subscribing to NetSuite through FinanSys and/or being on our NetSuite support, you can take advantage of a unique offer that is not available through any other provider of NetSuite.
You will get a 1:1 license of UniFi at no additional cost.