MIRAT Blog

Firms put a lot of money and attention into selecting the correct software. This is why finding the right fit for your company’s needs is so important:

MIRAT wants you to know that purchasing the wrong software for your company requirements can result in significant losses, including money spent and productivity lost, among other things. This is where understanding the End-to-End Vs. Point Solutions comes in handy.

Before making an investment in updated features for your firm, ask yourself the following questions:

• Is it worth the extra cost spent on it?
• Does the software address a gap that another product can still fill in your infrastructure and applications?
• How well does the software work in conjunction with your present tech stack?

When Is It Appropriate To Use End-to-end Solutions?

An end-to-end monitoring solution would address all operational requirements for a particular department or function inside your organization. When there is a most straightforward alternative that meets your organization’s need or procedure, choose enterprise software.

Chaitanya Kumar, CEO of MIRAT, observes that businesses with more than 200 SaaS tools in their cloud platform prefer end-to-end monitoring solutions to point solutions. Why? “With this many tools, introducing another to the harness may slow things down… “By slowing [teams] down [rather than] speed[ing] them up,”.

Businesses that choose end-to-end business solutions should consider the overlap between the complete service solution’s capabilities and the point solutions they presently utilize. In agreement with Chaitanya, these companies are more likely to be “willing to add net new items [to their tool stacks] if the value-added exceeds the expense of integrating another tool,”.

For instance, HubSpot is the platform for integrating customer retention data across multiple functional departments such as marketing, selling, and customer success. Employees gain visibility into the whole customer journey because of the integration, ensuring that all interactions with consumers are helpful to the customer. With a tool like MIRAT, you may save all customer interactions across many departments in one location, eliminating the need for customers to convey a complaint they raised with a marketing manager to a customer engagement manager.

To summarise, enterprise software applications should be utilized when a clear best-in-class solution exists to streamline procedures. Additionally, end-to-end business solutions can be beneficial even when current point solutions overlap in capability if the end-to-end software delivers more quality than the technology platforms.

MIRAT Explain When Should Point Solutions Be Used?

Suppose there is no right platform for the difficulty you are attempting to solve, and your commercial need or process is easily segmented. In that case, point solutions can assist you in hacking on your software platform capable of performing many roles.

Finance departments can quickly deconstruct their operations into primary phases, making point solutions an excellent fit for finance demands.

According to Chaitanya, “when selecting a point solution… the primary deciding factors [are] flexibility and integration capabilities.” You must ensure that a particular solution can enhance the effectiveness of your current technology stack.

Seek the best center solution to create a do-it-yourself software package with tools that combine to share information and insights and empower functionality. For instance, you may integrate the industry’s finest cloud services for accounting, invoicing, payment systems, and expense management to create a robust IT stack for the finance team.

When point solutions outperform software suites, deconstruct processes and seek out best-in-class point strategies to meet a do-it-yourself suite that meets your business needs.

Are you looking for new software? Look no further because MIRAT could be your perfect match. It offers value, addresses a requirement that your existing technology stack cannot manage, and strengthens your stack. Invest in MIRAT, the best-in-class end-to-end software that meets your demands. If there isn’t any tool that matches your requirements, break the process down into parts and look for best-in-class point approaches to overcome those demands.

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Contact Information:

Hema
Sales Executive
Phone: +1-315-636-4213
Email: sales@mirat.ai
Website: https://www.mirat.ai/