Software Is Changing Business And The World

In 2011, venture capitalist Marc Andreessen stated that software was eating the world. Society, Andreessen said in an op-ed published by The Wall Street Journal, was not only being consumed by software, but also traditional business models and industries were being revamped to take advantage of this brave, new world. To put the future into context, he said, companies in every industry need to assume that a software revolution was coming.

Fast forward seven years, and the revolution is the establishment. The notion that every company needs to think of itself as a software company has become clichéd. Business software is the norm, a multi-billion-dollar marketplace that will continue to get bigger as more companies increase their investments.

In 2016, for example, organizations spent more than $3 billion on enterprise accounting software, a market that is expected to experience a compound annual growth rate of six percent through 2021, according to recent research. And that is just one of the many enterprise resource planning categories that companies can leverage to collect, store, manage and analyze business-centric data.

Simple Questions Need Simple Answers

As software continues to be the catalyst for organizational change, the question that companies want answered is a simple one: What is the best software available? In other words, does a company want to integrate an all-in-one or a best-of-breed business process software solution?

As a leading provider of customer relationship management and enterprise resource planning software, The TM Group has been answering these questions since 1984. Taking that into account, The TM Group has put together an eBook that not only differentiates between the two distinct methodologies but also offers an insight into the implementation implications and advantages of an all-in-one versus a best-of-breed solution.

Best-of-Breed or All-in-One” focuses on highlighting the differences between the two methodologies and approaches to ERP functionality.

Both of the potential paths under review come with unique advantages, a factor that the eBook will take a deeper dive into. In addition,”Best-of-Breed or All-in-One” will discuss the implementation strategy that companies need to consider before opting for either one of the two software suite options. The caveat is that there is no universal right answer for what business system platform works best in a given scenario, especially when you take into account that every company will have a different set of functional requirements.

In addition, the eBook will provide IT decision-makers with guidance as to which software vendor to choose. For example, if an all-in-one option is right for a company, then Microsoft is the market leader. On the flip side, if a company opts for the best-of-breed approach, then Sage Intacct, which has included pre-built connections to other leading best-of-breed software providers in its solution,are arguably an excellent choice of partner.

Tapping Into A History Of Tech Empowerment

The TM Group has a long and proven track record of providing ERP integration services to customers from global vendors and brands. Everything we do is driven by our mission statement—empowering organizations and people with technology—a company mantra that has not changed since 1984.

To find out more about what ERP solution fits your needs, download the eBook here. Alternatively, reach out to discover how we can put both your business and your employees in touch with the systems that help the company grow.