360 Vision: Find how to integrate all of your business information

Technology has changed the way we live and how we work. In an increasingly technological and digital age, companies need to focus on increasing their competitiveness and productivity. Technology is now an essential element in supporting business and has a direct impact on its results. Companies need to use modern management systems that are able to keep up with technological developments without compromising productivity and performance. The integration of business information is a necessity and a reality so that you have 360 ​​insight into everything that happens. In this article, we’ll talk about integrating business information and the impact it has on business results.

Real-time business monitoring

Knowing what is happening in real time in each department of the organization is crucial so that you can make effective and conscious decisions. Softwares like Multipeers allow you to analyze all the information of your business, coming from the most diverse data sources, in a single dashboard and in a simple and interactive way. Having all the business information in one place allows you to better manage time and make the right decisions for the future of your business.

Interdependent goals

Many times the departments of a company function as if they were isolated organisms and with objectives totally independent from the rest of the organization. One of the best ways to connect departments and get a 360 view of business is to set common goals for different departments. Thus, there will be a greater communication between the different departments because everyone will feel that they are working towards common goals. This also favors the existence of a collaborative culture.

Use an ERP system

ERP stands for Entreprise Resource Planning. The mission of this tool is to group all departments of the company, providing better communication, through a continuous flow of information. This factor proves to be of great utility because the processes of a company depend on each other and a failure of communication or loss of transmission of the data can mean great losses of productivity and profit. ERP is thus the most basic software of a company and guarantees the financial control of the organization. ERP allows you to stop using dozens of isolated software and ensures greater control over everything that goes on in a company.

Having a broader view is a key to being able to keep up with the business and make the right decisions. In today’s frenetic business day-to-day and with the ever-increasing demands of consumers, knowing the market is a must-have weapon to win. Download our business activity monitoring e-book and find how a BAM system can help your business grow progressively!

ERP and CRM: everything you need to know about these concepts

Technology has changed the way we view business and how we work. There are several solutions that help us in our day-to-day business, automating processes and facilitating the consultation of information. ERP and CRM are two concepts present in many companies, but there are many people who still confuse the two themes. In this article, we will show you everything you need to know about ERP and CRM!

ERP: definition

ERP means Enterprise Resource Planning. It emerged in the late 50’s, when people began to combine management with technology. Initially, its purpose was to optimize the time spent on manual tasks, but today this resource is capable of integrating all the information and processes of an organization in one place.

The mission of this tool is to group all departments of the company, providing better communication, through a continuous flow of information. This factor proves to be of great utility because the processes of a company depend on each other and a failure of communication or loss of transmission of the data can mean great losses of productivity and profit.

ERP is the most basic software of a company and guarantees the financial control of the organization. ERP allows you to stop using dozens of isolated software and ensures greater control over everything that goes on in a company.

CRM: definition

CRM is the acronym for Customer Relationship Management and is used by thousands of companies to manage their relationship with current and potential customers. This software aims to protect the business information of a company. At the same time, a CRM helps to identify the best actions and the best time to contact the customer, in order to boost the sale. Likewise, it allows you to evaluate objectives and evaluate the sales team.

In summary, we can say that ERP helps to:

– Reduce IT costs, human resources and productivity losses;
– Reduce delivery times, as it boosts productivity;
– Facilitate the management of stocks and the purchase and sale of goods;
– Improve tax management.

Briefly, we can say that CRM helps to:

–  Reduce paper costs;
– Reduce time in the search for information and documents;
– Facilitate the formation of teams through software;
–  Increase sales because you can devote more time to sales and set aside more administrative tasks.

 

Multipeers is a BAM system that allows connection to the various software in a company, facilitating the exchange of information between them and allowing a fast and efficient decision making.

Learn how a BAM system can help your business to grow!

Find how to take full advantage of Big Data

Big Data is a term that has been in vogue in recent months. Big Data is the term that describes the immeasurable volume of data (structured or not structured) that have a daily business impact. More important than the amount of data, is what companies can effectively do with this data. According to IBM, by December of this year there will be three times more devices connected to the internet than people in the world. This information is more than enough proof of the amount of data that is generated every minute, which is a challenge for companies. What to do with so much information? How to take advantage of the data generated daily? In this article we will show you how to take full advantage of the potential of Big Data.

Analyze the business in real time

Information is growing at a very fast pace, which makes its analysis increasingly difficult. The solution is to analyze the data in real time to get the most out of the information. Products like Multipeers allow you to analyze every second what is going on with the business. In this way, you can make the most of the data to make the best decisions for the business. Allying the large amount of data generated in companies to a real-time analysis allows you to gain essential insights for business success.

Better data collection

The data come from the most diverse channels and through Big Data it is possible to centralize them and group them by affinities. It is possible to be closer to the customer through the collection of data through questionnaires, applications, loyalty cards, among other instruments. The data collected is essential for assertive planning of marketing and communication actions.

Greater effectiveness of the business

More than knowing the market, companies are able, through Big Data, to use the data to change the business and increase the return on investment. Using analytical expertise allows companies to create new business indicators and analyze them more comprehensively and objectively. In this way, they will achieve better levels of income that will be reflected in the success of the business.

Have the right tools

It is imperative that companies have the right tools to deal with the vast amount of data they are creating every day. Datapeers, for example, is an innovative solution that helps companies meet legal requirements and improve the quality of development processes, ensuring the protection and confidentiality of data. The new EU data protection regulation reinforces the importance of information and the increasing need to protect it.

The biggest financial mistakes that can ruin your business

Get to know the biggest financial mistakes that can harm your business

In the business world, the margin for error is very small. However, all managers eventually go wrong at some point in their lives and some of these mistakes can be fatal to the survival of the company. In this article we present you the biggest financial mistakes that can ruin your business.

Lack of discipline

Entrepreneurs initially control the company’s expenses and are disciplined with expenses. Over time and with the accumulation of work, they end up skulking in this field and accumulate budgets to approve and invoices to pay. It’s fundamental that every day the businessman take some time to dealing with these issues. In this way, work will flow more easily and there will be no accumulation of tasks.

Don’t pay all bills on time

Lack of liquidity often leads to delay of bills’ payment. This is a very common mistake because failure to pay within the set deadline will lead to greater problems in the future. At the level of suppliers, you may have difficulties in working with them later and at the level of Bank credits may obstruct access to credit in the future. The ideal is to use a software that allows you to keep track of all expenses in real time, so as not to let you accumulate accounts.

Invest in the wrong areas

As a rule, entrepreneurs have enough capital to invest, but often apply money in areas of little relevance to the company. There is also the idea that it isn’t necessary to invest in marketing, for example, and this leads to the company’s products or services being little publicized, resulting in low sales and few profits. This mistake happens a lot when the entrepreneurs don’t properly research the market and end up not knowing the sector of activity in which they are, making mistakes that may be irreparable in the future.

Lack of planning for low seasons

All businesses have prosperous times and less happy times and you have to be prepared to face them. Many companies don’t prepare adequately for the times when they are going to have less profits and they forget that even at these times there are financial commitments that have to be fulfilled (salaries, payments to suppliers, payments of services, among others). Companies should always have in mind that they need to have a comfortable capital so that they can face the bad moments with calm and tranquility.

Poor time management

Time is money. This is especially true in the area of ​​business, and entrepreneurs often spend more time in meetings than they actually need. A meeting should happen only when there is a clear objective and when you know clearly what you want to decide at that moment. Meetings are important, but in some companies they happen too often and take too long, which leads to productivity declines that impact the company’s in the short and long term.

These are the biggest management mistakes made in companies. Dealing with so much information and responsibility isn’t easy, but it’s essential that the entrepreneur doesn’t get lost in the middle of all the tasks he has to do. The good health of the company depends on your organization and management ability!