One System Linking to Multiple Siloed Systems with Cost Effective Software
As businesses start out and grow, it is very easy to end up with siloed, or disconnected systems. You start off with a simple accounting package, then find you need another standalone management system to deal with other business requirements, such as projects, customer support (CRM), asset management or inventory management. One option for businesses is to migrate from a standalone accounting system and invest a large capital on ERP systems, sometimes not viable but able to scale with future business growth.
In order to avoid large capital outlay, businesses continue operating multiple independent systems to suit the business requirements. This could be cost effective, but operating siloed systems that don’t integrate can lead to massive inefficiency and redundancy within the business as trying to manage disparate systems can be difficult and time-consuming.
While siloed systems can provide short-term benefits to help your business handle operations, in the long-term they will hold you back from scaling efficiently. If you are relying on inefficient and disjointed processes and systems to run your daily operations, your employees won’t be operating at optimal efficiency.
When it comes to processes such as invoicing, expense approvals, inventory dispatch, and order processing, you need a system in place that removes the risk of error and makes the tasks as simple as possible. If your employees are spending more of their hours on manual data entry or copying data from one system to another then you’re wasting valuable productive time that could be spent helping your business to grow further and evolve.
What you need to effectively manage your operations is using cost effective software like KIM by Kynection that is also a powerful operational resource planning tool that offers integrated solutions.
Kynection’s one system approach means that your business will have a single source of truth with a seamless connection between KIM and your other systems. KIM can easily integrate with a range of systems to create a single, centralised database for managing your daily operations.
Some of the advantages of using an integrated system like KIM include:
- Improving efficiency within your business
- Increased visibility with data available in real-time
- Time and cost savings
- Increased business growth
It’s important to be able to connect all of your systems, which is why KIM integrates it’s range of features below with not only accounting software such as Xero, MYOB Accountright, MYOB Advanced, MYOB GreenTree, and Reckon, but also across platforms such as Microsoft Dynamics, SAP, NetSuite, and PowerBI. This will streamline your processes and provide real time information for better decision making.
- Inventory management
- Tenders, Quotes and Sales
- Retainers and Debtors
- Expense Claims
- Project Costing
- Job Costing
- Payroll and EBA Calculations
- FBT Calculation
- For Fuel Tax Credits
- EBA calculation for Payroll
- Product inventory
- Production counts
- Contractor Portal
- Asset Management and Tracking
- Artificial Intelligence Cameras
- Electronic Work Diary
For under $60 (per user, per month) your business can get access to the majority of these features through a seamless integration between our system and yours. Given a full-blown ERP system can cost anywhere from $75,000 to $5 million to set up, not including ongoing costs, it’s simply not cost effective to rely on this sort of software anymore.
With a fully-integrated system like KIM in place you will have full visibility and control over your business in the palm of your hand. It’s simple to manage data when you have one system in place, and with Kynection it is possible.
© 2022 Autolync Pty Ltd, trading as Kynection