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System Trends

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System Trends

Overview of Accounting, CRM, HR and Payroll system trends

Current systems trends include - the continued growth of:

Web-based solutions such as:

  • Cloud / SaaS, with fully online software solutions
  • Hosted or combined online / on-premise software services and systems
  • Web deployed applications
  • Information portals
  • Knowledge management
  • Business process improvements
  • Increased automation and seamless access with open web-based systems
  • Multiple ways to access web-based systems eg PC, laptop, tablet, smart phone
  • Real-time processing, to provide immediate information to users
  • Mobile computing, supporting remote working - anytime, anywhere
  • Using consumer technologies within the business workplace eg social media, open standards
  • Systems supporting global business expansion
  • Information security management and access controls
  • Privacy - the impact of and management of an individual’s information

Systems integration such as:

  • Accounting software with e-commerce, e-procurement, or distribution
  • Payroll systems with HR systems
  • CRM with ERP systems
  • Adding specialised functionality modules to form industry sector specific or vertical market solutions

 

Future business impacts include:

  • Improving business efficiency from changes in business processes and reduction of manual data handling
  • Reducing paper usage and moving towards a paperless office
  • Reducing costs of software ownership by externally managing software / systems and resources
  • Changing business cash flows resulting from software rental rather than purchase
  • Reducing transaction costs
  • Faster access to information
  • Rapid growth of data volumes, due to additional systems, numbers of users, growth in email, archiving requirements
  • Increased data storage requirements combined with attempts to control data growth eg by rationalising the number of servers, email limits
  • Increased information sharing within the organisation and across departments
  • Increased co-operation between organisations
  • Freeing up of managers, enabling them to analyse and provide more relevant information - to manage the business

 

For more information, visit: Accounting software trends / CRM software trends / HR software trends / Payroll software trends / Cloud computing pros and cons / Cloud computing and security / Software vendor consolidation

 

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