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Software Products for Driving Business Growth

Unlock your business's potential with reliable, user-friendly software products designed to drive growth and increase profitability.

01/27/2023

Vikram Thakur

Just like salt and pepper, software products have become a necessary part of modern life. They help us do our jobs better, communicate more effectively, and have some fun while we're at it.  

For example, a popular software product like Microsoft Word is used by millions of people around the world for all kinds of writing tasks. It provides users with spell-checking, grammar-checking, and a built-in thesaurus to help ensure that their documents are error-free and of the highest quality. Additionally, Word makes it easy to share documents with others, as users can quickly save and send documents in a variety of popular formats. 

The key to creating value for an organization is to solve users’ problems first- the rest will follow. 

According to a study by Gartner in 2022, software products are expected to grow businesses by improving customer experience, increasing efficiency, and creating new markets. Specifically, it is estimated that software products will: 

• Improve customer experience by 7.4%.  

• Increase efficiency by 10.8%.  

• Create new markets by 3.2%.  

Software products have enabled businesses to automate mundane tasks, streamline processes, and increase collaboration and productivity. And, with the rise of cloud-based software products, you get even more options for saving time and money. 

Furthermore, products like CRM (Customer Relationship Management) & BI (Business Intelligence) help you to deliver better customer experience, security, and analytics, with the majority of metrics indicating that these software investments are the most important for driving future growth. 

In other words, Software Products allow you to do more in less time. 

From allowing you to keep track of your customers, vendors and employees to helping you manage your finances software products have taken the hassle out of running a business.  

 Purchasing.ai is one such cloud-based product that manages the ordering, procurement and purchasing for businesses and individuals. 

If you are in the market and looking to hire a team to transform your idea into a product, contact us.   

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