Business Direction Survey 2020 Results | Vision33

General News

Summary

Small to midsized enterprises (SMEs) are vital to our economies they succeed through hard work and entrepreneurial spirit but, like all of us, have been dramatically affected by COVID-19. Unpinning Shopify’s growth is an interest in automating and integrating inventory management, delivery, and fulfillment information between eCommerce and ERP systems. When running a lean operation tighter integration gives businesses the ability to redeploy a small staff to value areas rather than to entering data from one system to the next. Moving to software as a service model (SaaS) has many benefits Vision33 has discussed in the past: it offers businesses greater flexibility to support a remote workforce and enables them to rapidly deploy digital solutions as they adapt to the new normal. Most importantly for SMEs, the Cloud’s lower total cost of ownership (TCO) over on-premise IT infrastructure maintenance makes it a strategic investment for the long term.

Classifications

industries
HealthTech
applications
Accounting and Taxes

AskAI Classifications

Labels
ERP software Cloud ERP Financial management software

Linked Companies

vision-33
$10M to $25M
Vision33
$10M to $25M