Data silos occur when different departments within the same organisation start competing with each other and create data noise that do not lead towards the same business goals. When the departments don’t share their data that in return might benefit the goals of the entire organization, the managers face the problem of data silos.
Small Businesses can improve efficiency by locating pain points and by framing a Business Process Improvement (BPI) strategy. Mapping a visual representation of the data process that needs to be fixed is helpful. Brands are already investing a ton for branding purposes and many times we come across deficiency in processes that hampers the marketing and branding activities. The small business resource center offers useful tips and case studies for streamlining the branding activities. In the case of small business, survival depends on adaptability and businesses that are adaptive remain operational for a long period of time.
How SAP Business ByDesign Helps to Maximize Efficiency
SAP Business ByDesign is a great product that streamlines end to end processes and runs on highly secured data centers to maximize efficiency of your entire organization.
1- Flexible Sharing – It offers a single software solution for all the important business processes like marketing, sales, service, finance, supply chain management and HR. Projects can be staffed easily and the activities can be made to operate in an efficient manner. Data can be shared easily and the problem of data silos can be resolved.
2- Cloud ERP – Without any significant IT expenses like hardware and support staff, cloud based ERP solution offers built in updates which prove to be extremely cost effective in the longer run. Cloud based platform offers easy access to files and resources without any geographical barriers thereby easing out on the availability of the data.
3- 360 degree visibility – It offers a 360 degree visibility into spending, supplies and informational assets. With built in analytics and management dashboards to achieve operational excellence. Integrated, automated and streamlined processes help to improve transparency across data storage thereby leading to improvement in productivity.
4- Modular and Scalable – SAP facilitates phase by phase implementation where new modules can be added over time as required. The software supports ubiquitous browsers and all sorts of mobile devices.
Rich business intelligence combined with integrated analytics capabilities, SAP offers SMEs to collaborate, communicate and exchange data as and when required. By providing the ability to find information quickly, the new enterprise search technology helps to solve the problem of data silos and maximizes the overall efficiency.