Inventory management software is designed with the purpose to monitor inventory levels, sales processes, orders, and deliveries. At the same time, it can be applied by manufacturers to pull off production-related documents as for instance schedules and bill of materials. Companies make use of this software to avoid product overstocks and outages. Inventory management software is a whole new level of systematizing inventory data compared to spreadsheets and paperwork. Inventory management software comes in line with distribution software because of helping distributors stuck less cash in inventories, thus giving them an edge over competitors. The main features of this software include order management, asset tracking, service management, and product identification. The advantages of the software come down to lower costs, improved efficiency, warehouse organization, updated data, secure data, and revealing trends.
Disaster recovery and security are two important elements that need to be considered by SaaS buyers when evaluating potential providers.
Many SaaS providers do not have a disaster recovery site. Therefore, ask the following questions to your shortlisted vendors: How do you test your disaster recovery processes? What is your recovery time? How often do you test? Do you have discrete infrastructure; are your main site and your disaster recovery site placed in different geographical locations?
You need to be aware that many SaaS providers do not use enterprise-grade infrastructure to install SaaS apps. Many systems have multiple providers. For example, there may be a firewall provider, an Internet provider, and a few others too in the mix. If a problem rears up, there is a lot of finger-pointing. This problem is common with on-premise IT applications. The solution is to decrease the number of providers so that there is accountability to ensure they take responsibility about performance.
Ask the potential SaaS providers the following questions about security: Is your firm SAS70 compliant? What security processes are used at your facilities? What security audits and guidelines does your company follow? Who manages access and identity management, web application firewalls, log file management, and network connectivity?
Needless to say, take your time to research methodically and get the answers to the above questions before you invest in a suitable SaaS system.