Seven Reasons Why a Hosted Inventory Management Solution Might Be Right For Your Organization

Upgrading. Downtime. Maintenance. Hardware obsolescence. Implementation issues. The litany of headaches related to the implementation and on-going care-and-feeding of enterprise based applications is enough make the savviest of companies want to engage in anything but another software implementation. Like a full-blown IRS audit. Anything?

If your organization is evaluating inventory management systems, consider that a hosted solution inventory management solution may be ideal for your needs if you feel this way. Hosted inventory management solutions such as Invendia eliminate the justified concerns of many companies that another software implementation is the last thing they want to devote resources to - capital, time, talent.

So, the top seven reasons why a hosted inventory management solution might be right for your organization?...

7. Quicker ROI. From an initial ROI perspective, hosted solutions shorten time-to-value by eliminating software implementation and cost issues. You focus on collecting your data, refining your processes, and defining your business goals.

6. Lower total-cost-of-ownership. Users of hosted inventory management solutions need not ever implement software upgrades, pay for maintenance, or add hardware. The net effect is to keep total cost of ownership in check.

5. Increased flexibility. Customers of hosted solutions subscribe for the user license they need today. As their needs change, they add or reduce the users. In this way, they never face the license over-capacity that plagues so many enterprise software deployments. Even more importantly, they increase their flexibility in responding to rapidly changing business conditions.

4. Reduced risk. Any enterprise software implementation takes time. The longer the elapsed time from project kick-off to go-live, the higher the likelihood that the project will lose momentum and management and staff support. Hosted solutions like Invendia do away with many of the preliminary steps of a software implementation (hardware selection, for example), and cause less friction and trauma within the organization. And hosted solutions offer you the advantage of single-source accountability because of the elimination of multiple vendor relationships that would be the norm in a standard enterprise software deployment.

3. Faster deployment. A faster deployment of the software is always a strong positive factor into how well it will be adopted and used by your organization. Hosted solutions typically offer faster deployments, with fewer internal pressures and distractions from day-to-day operations and activities. In short, the focus of the deployment is on end-user training and acceptance, since you won't have to install or maintain servers, networking equipment, security products, or other hardware or software.

2. Easier innovation. Another key advantage of the hosted model is that it facilitates on-going process innovation as new functionality can be introduced incrementally over its lifecycle. The traditional model of purchased and locally implemented software binds companies into "big-bang" versioning where updates are introduced in batches - typically every 12 to 18 months. That model inhibits the real-time improvements of software and processes as they become available. In a hosted environment, major new product releases and improvements can literally be made overnight.

1. Lower cost and smoother cash-flows. Hosted solutions like Invendia have a decided cost advantage over traditional packaged software offerings like SAP and Oracle: low hardware and software costs (you need only outfit your users with PCs, which they likely already have), no depreciation costs, no software or hardware maintenance costs, and lower implementation costs.

With hosted solutions, the first year total cost of ownership can be five to ten times less expensive than enterprise software with the majority of savings resulting from the elimination of upfront integration and customization projects. Thus, the payback period is considerably shortened.

And hosted solutions offer much smoother cash-flows, with no large up-front cash outlays that need be subsumed by your organization.

So, the hosted model of enterprise software lowers risk, simplifies licensing, eases deployment, encourages innovation, and decreases costs, all of which result in faster return on investment, lower total cost of ownership, reduced risk, and the flexibility that you need to successfully compete in today's fast-moving business climate.

Ash Seha is a marketing manager at Invendia, a leading provider of Vendor Managed Inventory (VMI) and Web-based Inventory solutions.

---

Freight Forwarding ERP: Microsoft Business Solutions Great Plains customization & setup ? overview

Microsoft Great Plains may be recommended for international freight forwarding... Read More

How To Choose A Fire Wall Software Program

In the real world a "fire wall" is a fireproof... Read More

Microsoft Navision Customization Upgrade ? Tips For Programmer/IT Specialist

Currently Microsoft Business Solutions is on the way of creating... Read More

Microsoft RMS Customization ? PO Items Receiving in Great Plains

Microsoft Retail Management (RMS) and Microsoft Great Plains are retail... Read More

Microsoft Great Plains Installation ? Overview for IT Director/Controller

Microsoft Great Plains is main mid-market application from Microsoft Business... Read More

Microsoft Great Plains POP: Purchase Order Processing ? Overview For Consultants

Great Plains Purchase Order Processing (POP) module makes up one-third... Read More

ERP Remote Support: Microsoft Great Plains Analysis ? Pluses & Minuses

Former Great Plains Software Dynamics/eEnterprise and currently Microsoft Business Solutions... Read More

Accessing XML Using Java Technologies

The most important benefit of XML is its simplicity. Though... Read More

Microsoft Great Plains Project Accounting ? Overview For IT Director/Controller

Microsoft Business Solutions is now in process of creating so... Read More

What is Preventive Maintenance Software?

Preventive Maintenance (PM) is defined as scheduled work done on... Read More

OS 101: Suggestions for Choosing an Operating System

An operating system (abbreviated OS) is essentially the path through... Read More

Lotus Domino/Notes - Microsoft Great Plains Tandem as ERP with Documents Workflow - Overview for IT

Lotus Domino/Notes ? Microsoft Great Plains tandem as ERP with... Read More

Reporting for Microsoft Great Plains/Dynamics/eEnterprise: RW ? ReportWriter ? Tips for Developer

Microsoft Business Solutions Great Plains is written in Great Plains... Read More

Computer Based Language Development and Spell-checking

Language development computer: Computer-based method for aiding language development seems... Read More

ERP for Large Corporation ? New Selling Strategy

Our opinion is based on our Microsoft Business Solutions Great... Read More

Microsoft CRM Customization

Microsoft CRM customization techniques are very diversified and based on... Read More

Microsoft Great Plains: Data Conversion & Migration Scenarios ? Overview for Consultant

Microsoft Business Solutions Great Plains serves multiple industries in the... Read More

Microsoft Business Solutions - Navision Customization: C/SIDE, C/ODBC, C/FRONT, XBRL

Microsoft bought Navision, Denmark based software development company, along with... Read More

Crystal Reports - Microsoft SQL Server

Microsoft SQL Server is the leader for inexpensive and middle... Read More

Microsoft CRM for Large Corporation ? Security

Microsoft Business Solutions CRM proved to be reliable solution in... Read More

Guide to Software Marketing

Intro This concise article will tell you in plain English... Read More

SQL Administrator Skills Required to Support Microsoft Great Plains

Microsoft Great Plains is becoming more and more popular and... Read More

Should I Use Windows Update?

Should one use Windows Update?This topic has good and valid... Read More

The Secret of the Layer Styles Dialogue

When you double-click a layer in the Layer Palette, you... Read More

Microsoft Great Plains Integration Manager ? Working With Text File

Microsoft Business Solutions main middle market ERP application - Microsoft... Read More

Instant Messenger Clients

If you have been using the Internet for any amount... Read More

Alien Intruders!

You probably didn't casually invite, or extend a formal attendance... Read More

What To Do When Windows Wont Boot

When Windows fails to boot it is normally caused by... Read More

Explore the Internet in a Whole New Way

For a long time now Microsoft's Internet Explorer has ruled... Read More

Getting Patched with Windows Service Pack

Are you one of those people that keeps track of... Read More

Microsoft Moves to Small Business Accounting/Retail Market ? Stakes and Thoughts

In this small article we will be looking at the... Read More

Microsoft Great Plains: Manufacturing or Bill of Materials - Overview for IT Specialist

Microsoft Great Plains is main Microsoft Business Solutions product, targeted... Read More

Screenplay and Script Writing Software

When it comes to screenplay software each screenwriter needs to... Read More