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Since Hespect Softwares can do “about anything,” it’s difficult to describe how our service makes your life easier and business more successful. Here are some examples of how different industries are using line of business software.
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Accounting Integration
Many companies rely on software like QuickBooks or Xero for their accounting needs. To optimize productivity, it is essential that your Line Of Business system integrates smoothly with your accounting software.
- Purchase Orders
- Customer Invoices
- Vendor Billing
- AR / AP & General Ledger
Manufacturing
LOB tends to follow common business divisions in insurance like…
- Define the "recipes" or BOM (Bill of Materials) that are used to create your end products.
- Record Purchase Orders for raw materials
- Manage production runs, tracking the planned vs actual usage of raw materials and total produce goods.
- Record sales orders, deliveries, and invoicing
- Analyze raw material usage and production efficiency.
- Accounting system integration for full financial visibility
All the above potentially need to share a common Customer Database and provide information about customer value.
CRM Solutions
LOB software can tie CRM to inventory management and customer rewards programs or even human resources. This is often referred to as ERP or Enterprise Resource Planning Software.
For example, some famous bookstores have an inventory management system that automatically orders more books when a certain title sells. The sophistication comes in because if a new title in the system sells several copies the first day, the system will order twice the original stock of the book where slow, steady sales only trigger orders to maintain current inventory levels. If sales are very slow, the system will not order more of that title at all.
Notice this is all tracked from the point of sale system, which can simultaneously track a customers preferences through a rewards program and send them book recommendations or coupons or advanced notice of upcoming promotions.
How can LOB software benefit you? Schedule a call with one of our chief representatives and simply explain what you do and what you currently do it with. Hespect programmers know where they can bring value.
Hespect Softwares offers tailored solutions that streamline operations, boost productivity, and drive business growth.