Whether your software security company is a small startup or a large international firm with multiple locations, it likely faces a host of challenges. Things like reliability, cost, flexibility, and, of course, security are vital points to consider for a business in this space. Fortunately, an enterprise resource planning solution like NetSuite is the ideal option for a business in this industry.
Challenges for Software Security Companies
Security seems to be a continually moving target, making it a tricky industry. A primary challenge is for companies to continue to manage all various technologies in a changing market while remaining credible in the eyes of current and potential customers. A company is expected to not only protect its clients from existing threats but also anticipate and ward off new ones.
At the same time, a software security company must also function like any other business. This means that it needs to be able to communicate with customers, make sales, deliver products and services, collect data, and make vital business decisions. Having disparate, inefficient, and insecure systems in place can be detrimental for a business on this level.
ERP Solutions for Software Security Companies
If your software security company is using a hodgepodge of separate systems — or even still relying on spreadsheets to get things done — it’s time to make a change. An Enterprise Resource Planning (ERP) system is an integrated application for your business that automates various business processes and provides internal controls and insights. Drawing on centralized databases, the system collects information from various departments, including sales, marketing, manufacturing, accounting, and human resources.
Once implemented, leaders across your organization gain visibility into the entire operation, empowering them to generate process improvements, realize cost savings, and produce greater efficiencies across the business. Used by companies of various sizes, an ERP can be configured to meet the particular needs and specifications of your business.