3 keys to implementing business application software

Dan Edwards, Renaldo Misrasi
3/28/2021
3 keys to implementing business application software

Choosing the right business application software with integrated lease management functionality can be nerve-wracking, especially if you’ve ever heard about common implementation pitfalls your competitors have experienced.

We’ve heard about some of those pitfalls, too. Thankfully, our accounting advisory and business application software specialists have guided many companies to success.

Preparing for your implementation is half the battle, so to help you get started, we’ve provided three tips for avoiding common pitfalls when implementing business application software.

1. Prioritize business outcomes over features.

With the advancement of technology, it’s easy to get lost in a sea of features and technical information. For many businesses, trying to determine which features will give them the greatest return on their investment is overwhelming. Faced with so many options, it’s easy to make the error of choosing business application software that falls short or offers more than you need.

Take an inventory of your specific preferred business outcomes and scenarios, and be crystal clear on what success looks like for both you and your customers. Investigate and implement the business application features that will directly support your desired outcomes.

At the end of the implementation process, it’s important you have a system that will help you achieve your goals and specific business outcomes.

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2. Think about the future first.

As your business grows and adapts to your changing industry, be mindful about the need for flexibility in business application software that can grow with you into the future. Many businesses fail to look to their future state and consider how technology can help them get there. Ask yourself:

  • What will I need from my technology in five years, and how easily will it scale as my business grows? Am I looking to expand? Do I want to go public? Will I be offering new products or services? How will the business application support changes like these?
  • Is this business application software designed to help manage my leases and run every aspect of my business, no matter what lessor business or industry I’m in?

Before you embark on an implementation, step into the future and look at what flexibility and functionality you will need. Don’t settle for a solution that doesn’t meet your business needs today – and tomorrow.

3. Choose a team of specialists.

Successful implementations are so much more than quick and effective technology installations. Having a specialized team that understands the unique heartbeat of what you do, including your business process and the nuanced technologies required, can help you meet your more specific business needs. It’s important for you to identify an experienced team that understands your business type and can guide you along the journey toward success.

When choosing an implementation team, take time to learn about their experience in your industry, their expertise in implementing tailored solutions, and what ongoing support you can expect.

Avoid the pitfalls and become the next success story.

Choosing the right business application software and implementation team can be stressful, but it doesn’t have to be. With a plan that focuses on your business goals, your future outlook, and your unique industry needs, you can choose the right software and team to guide you.

Contact us

Whether yours is a tower, fleet, or equipment distribution leasing business, or simply one that requires business application software with lease management capabilities, Crowe can help. Contact us and let us help you become the next success story.  
Dan Edwards
Dan Edwards
Manufacturing and Distribution Consultant
Renaldo Misrasi
Renaldo Misrasi
Manufacturing and Distribution Consultant