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CPA's Clark Schaefer Hackett | Custom Software – a Worthy Investment

Michigan Business Network
June 19, 2020 5:00 PM

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4 Benefits of Custom Software Applications

As the country continues to deal with Covid-19, saving money and creating efficiencies is a top priority for businesses. Many companies are taking a closer look at automation through the development of custom software applications to protect and grow their bottom line. In this article, CSH's Glenn Plunkett explains the four benefits of using custom software development to keep your business competitive and thriving.

In the wake of the Covid-19 pandemic, many businesses are scrambling to find new ways to save money and drive efficiencies while continuing to deliver high quality to customers. Automation and the adoption of new digital tools is one way to accomplish this while protecting and growing your bottom line.

Recent data show that digital adoption by both consumers and businesses has sped forward about five years in weeks since the Covid-19 outbreak. Investments in technology that might have been put on the back burner pre-pandemic are now front and center as gaps in efficiencies are revealed. Many businesses are turning to developers to create customized software systems that address these gaps with precision.

Custom software development, also known as custom application development, is the creation of software applications for specific workflows within an organization. Such software automates work processes that are complicated, manual or require the use of multiple systems to share information. Custom software development modernizes technology systems, phases out legacy technology and scales businesses to the next level.

Robotic Process Automation (RPA) is one type of custom app development. Although RPA is a very common way to apply app development, it’s not the only one. Games, workflow apps, content management platforms, e-commerce and number crunching are all examples of how app development is used.

BENEFITS OF CUSTOM SOFTWARE DEVELOPMENT

Automating processes through custom software development has many benefits including:

Saving Time

The right custom software application can save hundreds of work hours in a year. Time spent on inefficient processes can be redirected to activities that either reduce costs, drive revenue or both. A deep dive into what’s slowing employees down might require an up-front investment, but the savings in improved efficiencies far outstrips the cost when done properly.

Investing More Time in Strategic Business Objectives

It’s hard to overstate the importance of effective time management and strategic prioritization of business objectives. In today’s environment, it is critical that leaders focus their best people on their biggest opportunities. Fighting old processes that create problems makes it hard to stop putting out fires. Having efficient automated processes gives leaders more time to focus on the most lucrative business opportunities.

Tapping into the Power of Data

One of the biggest benefits of automation is that it can help you take charge of your organization’s data. Being flexible and nimble in the current business environment is critical – and that’s a lot easier to do when you have a streamlined process for harvesting high-quality that you can use to make better decisions.

Reducing Input Errors, Redundancies and Frustration

When systems are inefficient, your employees can feel it. They value their time as much as you value how they spend that time. Set your employees up for success by investing in systems that make their jobs easier.

The moment an organization outgrows its technology is hard to pinpoint. You and your employees will feel the strain, however, when your company’s systems can no longer effectively support your business goals. If old or redundant systems are stifling growth, preventing scaling or creating barriers to develop competitive advantages, it may be time to take a look at new technologies.

Your technology strategy must adapt with a rapidly changing business environment. Maybe legacy systems are slowing down your staff, causing errors and costing you money. Perhaps you have an idea for a leg up on the competition through a mobile app. Whatever your needs, a partner you can trust to deliver innovative software solutions is paramount.

Our consultants listen carefully to your needs and work to get to know your business. We can develop customized and money-saving software solutions. To learn more, get in touch with our consultants.

AUTHOR

Definity Partners
 
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Michigan Business Network is an online broadcasting company that provides knowledge, news, and insights into Michigan’s businesses, industries, and economy.