GroupFiO - Integrate Automate Innovate





Widgets

Why Small Business Owners Using Magento Need ERP Software

Magento ERP solution

The rise of e-commerce in recent years has revolutionized the marketplace in just about every type of retail business there is. The Internet is giving small businesses the ability to compete with mammoth national corporations, and many smart entrepreneurs have been taking advantage and building great small businesses that provide for their families.

One of the most popular e-commerce platforms for these types of small businesses is Magento. This excellent open source option allows businesses to establish a web presence, as well as display products and actually accept orders. Of course, the best part about Magento is that it is extremely user friendly, which is what has made it such a popular option.

While it is a great start for the front of your e-commerce store, Magento is not equipped to handle many of the back-end processes that you are going to want to manage. In order to create a complete business model, you also need to implement some additional ERP software.

When you combine an outstanding ERP solution like myFiO ERP, you will add these capabilities to your already strong Magento storefront:

Order Fulfillment

Magento is a great option for displaying products and taking orders, but that is pretty much where it stops. If you want to avoid fulfilling all of your orders manually, you are going to need to add another option. That is where an ERP solution comes into play.

Your ERP solution will be able to take the orders from your Magento storefront and route casino online them to the appropriate fulfillment center or dropship vendor. This will ensure that your orders are filled quickly, without having you in the middle clogging up the process.

Supply Chain Management

Another capability that your ERP solution can bring to the table is the ability to manage your supply chain. This will allow you to make sure that you always have the right amount of inventory in stock. The software will constantly monitor your inventory levels and automatically reorder more when those levels drop below certain par values.

If you are using myFiO ERP, you will have the added benefit of being able to track sales and inventory in real-time, ensuring that all of your inventory details are accurate up to that very second.

Customer Relationship Management

There is much more to a successful e-commerce business than simply taking orders online. In order to keep those orders flowing, you need to be actively engaging new leads and receiving feedback from recent customers.

Integrating an ERP solution with Magento will allow you to establish a sales funnel and track leads as they move through it. You will also be able to follow up with recent customers, as well as former customers that have not reordered recently.

Finance & Accounting

Another critical component of running a successful e-commerce business is making sure that you are profitable. Using an ERP solution in conjunction with Magento will allow you to track your profitability on each and every item sold. You will also be able to track all of your important financial numbers quickly and easily.

Why General Managers of Small Businesses Need Real-Time Inventory Management

As technology continues to evolve and improve, many inventory management solutions are now beginning to incorporate real-time inventory management features.

If you have any experience in logistics, then you already understand that this development could represent a revolutionary change for your business. That’s why Group FiO has made the addition of real-time inventory tracking a key improvement in their myFiO ERP Software.

If implemented properly, real-time inventory can be a complete game changer for your business. Having the right inventory in the right places at the right time and being able to track every item with real-time reporting will allow you to maximize your operation’s efficiency from the ground up.

In order to make sure you don’t find yourself falling behind the curve in today’s rapidly changing marketplace, here are some of the key reasons that you need to implement a real-time inventory management solution:

real time inventoryOptimal Inventory Distribution

The difference between struggling to pay your bills and profitability can be as simple as having the right inventory in the right places at the right times. Cases of your products sitting in a warehouse in Orlando aren’t going to be very helpful if all of the clients that are purchasing those products are located in Seattle.

Your real-time inventory management system will be able to identify where all of your inventory should be allocated between warehouses and stores in order to optimize your sales and maximize profitability.

Improve Internal Auditing online casino Abilities

Knowing exactly where each and every piece of inventory in your company is in real-time will dramatically increase your capabilities when it comes to performing internal audits.

If you have encountered any problems with missing inventory, this can be a huge help. Real-time inventory management assures that you will be able to locate the cause of any disappearing inventory issues and quickly address the problem.

Real-Time, Up-To-Date Reporting

When you incorporate real-time inventory management into your business, standard reports like your Profit & Loss Statement and Balance Sheet will no long be delayed in order to reconcile inventory numbers.

You will now be working with up-to-date reports which will make your company more informed and able to change directions faster. This can be a huge competitive advantage, especially in quickly evolving industries.

Automated Reordering of Inventory

Tracking your inventory in real time means that you will now be able to set your system to either alert you or simply reorder when inventory levels get low.

Automating this process ensures that you will no longer be troubled with overstocking or running out of a particular product. You will always be able to maintain your correct par levels of inventory.

Optimal Efficiency & Forecasting

Not only will real-time inventory management help you maintain optimal levels of inventory at the moment, it will also help you better forecast exactly what your inventory needs will be in the future.

Having the most up-to-date reporting on your inventory will allow you to be more efficient with the future inventory you need to order.

The goal of any inventory management system is to make sure that there is enough product available at the right locations for anyone who wants to purchase it without having an extra inventory sitting in warehouses collecting dust.

Obviously, this is easier said than done. But it gets a whole lot easier when you are tracking that inventory in real time.

Real-time inventory management gives your business the advantage of knowing exactly what is happening with its inventory at all times, which can mean the difference between making money or losing it.

If you aren’t tracking your inventory in real time, you should start thinking about how much more efficient your business could be using a solution like myFiO ERP.

How Big Data Can Help CFOs of SMBs Manage Inventory in Real Time

CFO-real-time-management

Big data is one of the hottest buzzwords in the business world today. When you combine some of its popular applications with the ability to track and monitor your inventory in real time, a whole new world of possibilities suddenly opens up for your business.

From monitoring logistical information and transaction costs to applications like risk management and social media analysis, there is literally no end to the things you can do with today’s modern technology.

Let’s take a look at some of the key ways that combining big data can help you manage your inventory in real time.

Logistics: Anticipating Demand

One of the most interesting applications of big data is the way that Amazon is using it to monitor and move their inventory between warehouses, tracking everything in real time.

The company performs high-level analysis on the extensive amount of customer and order data that they collect. They are then able to use this information combined with their real-time inventory management to anticipate where customer demand will be and move inventory into place ahead of that demand.

Imagine the advantage a restaurant would have over their competitors if they were able to accurately forecast how many chicken wings they were going to sell in a particular week in best online casino advance. That is the power that big data and real time inventory represent when it comes to logistics.

Transaction Costs

Penny pinching has a negative connotation, but most successful businesses understand that the best way to increase profits is to stop waste from slipping through the tracks. This is another area that big data can have an impact with your real-time inventory management.

Using big data to analyze every line item in your expenses and real-time inventory to contrast your stock levels, you might find that adjusting your inventory levels at certain points can save you huge amounts in various transaction costs.

Risk Management

Another way that profits could be slipping through the cracks is if your inventory is walking right out the door before you sell it.

Combining big data analysis with your real-time inventory management will allow you to set up fraud alerts so that you will know instantly if this is happening in your company. If so, you will be able to quickly identify the source of the problem and take action.

Pricing Decisions

Do you ever wonder if you should be charging more for those products that you just can’t seem to keep in stock? On the opposite side, how do you make decisions regarding when and how much to discount a product that isn’t selling?

Big data can help you assess your inventory and evaluate where you should be pricing your products according to the laws of supply and demand. Being able to monitor your inventory in real time will keep your pricing right where it needs to be at all times.

Analyzing Social Media

One of the more theoretical applications of big data is to monitor social media in an effort to gauge customer demand and anticipate what their future needs will be.

Few companies make good use of this analysis, but when you combine it with real-time inventory management, you could be quick to reduce your inventory levels when a product is becoming less popular.

As you can see, there are quite a few applications where big data can combine with real-time inventory management to either save your business money or make it more efficient. Being able to monitor large amounts of data to evaluate your inventory levels in real time will keep your company in the best possible position to make a profit and hold onto it.

5 Things CEOs Should Ask When Considering Omni-Channel Retail Management Solutions

One of the hottest buzzwords in retail management technology today is “omni-channel.” This sophisticated sounding buzzword is meant to represent the idea of providing the customer with a seamless experience between different online platforms as well as in physical stores.

There are a wide range of options that can make your company’s omni-channel dreams come true, but in order to get the most out of the platform you choose, you should carefully consider whether it will be able to properly manage the basics of omni-channel retail management in the manner that best fits your business.

Here are five questions that you should be asking when considering an omni-channel retail management solution for your business:

Can we fuse our online and in-store efforts?

The biggest selling point of today’s omni-channel retail management solutions is the ability to seamlessly integrate both your online and in-store shopping experiences.

You are going to want to be able to offer in-store customers the option to shop your entire online catalogue. At the same time, you are going to want to enable online customers to view products in-store before making their purchasing decisions.

Your ideal omni-channel retail management solution might include the ability to utilize tablets for in-store shopping, and also be able to allow online shoppers to come see products in the physical stores.

 Will inventory be tracked in real online casino time?

Small Businesses Need Real-Time Inventory ManagementReal-time inventory tracking is also a top concern among those looking to implement an omni-channel retail management solution. You are always going to want to know exactly where your inventory is located at any particular moment, but there are also a number of benefits that real-time inventory tracking can provide for customers.

Tracking your inventory in real time will allow you to let online customers know which physical stores have the products they are concerned with in stock. It can also let physical store employees search other store or online inventories to find products for customers.

Real-time inventory management is one of the latest improvements and biggest selling points for Group FiO’s myFiO ERP.

Can your solution offer multiple fulfillment options?

Today’s consumers have come to expect the ability to order online and pick up their purchase at a nearby store. They also want to be able to purchase from any of your channels and have their purchase sent to friends or family.

You are going to want to make sure that your omni-channel retail solution has these types of features built into it, because adding them yourself will almost certainly result in employee errors that cost you time and money.

Will the shopping experience be seamless between devices?

You have worked hard to build your company into a successful brand. Your omni-channel retail management tools should do a good job of representing that brand across every platform on which you make yourself available.

Customers shopping on your mobile app should have the same experience as customers shopping on your website.

Can we track customer loyalty across platforms?

Another important feature included in many omni-channel retail management solutions is the ability to allow the customer to log-in and identify themselves. This is key for tracking purchased and offer meaningful rewards points and allowing customers to save and reorder their favorite products.

Regardless of whether a customer is shopping online, on mobile, or in-store, you should be able to identify them and quickly locate their records to ensure elite service.

As you can see, there are more than a few benefits to implementing an omni-channel retail management solution. When you are looking for the right solution for your business, make sure that you carefully consider all of the options and implement a system that will be the best fit for your business.

Recent Improvements to the myFiO ERP Software

Enterprise resource planning

The myFiO ERP software is one of the most comprehensive ERP software packages on the market today. It contains a wide range of different modules that address just about every aspect of running a business in today’s fast-paced environment. These modules allow business owners to stay up-to-date on many different aspects of their businesses and allows different departments to share information and interact with each other.

Despite being one of the best ERP options available, Group FiO is constantly working to improve and further develop many of the capabilities of the myFiO ERP software. I recently had the opportunity to speak with Ravi Srinivasan from Group FiO about some of the recent improvements in the myFiO ERP software, and he was very excited to discuss some of the tremendous improvements that have been made which allow for even better inventory controls than previous versions.

Real Time Inventory Visibility Across Multiple Channels

One of Group FiO’s latest improvements to the myFiO ERP software is the ability to view inventory levels across multiple sales channels in real time. In addition to viewing how much inventory is in stock, the software can also help you decide how it should be allocated across different channels.

Ravi explained that if you have a situation where your total stock is limited and you are trying to properly allocate it across eBay, Amazon, and your own e-commerce store, the myFiO ERP software can help you best determine how much inventory should be allocated to each channel in online casino order to maximize your profitability based on your sales estimates and specific profit margins with each channel.

Supply Chain Visibility

Another inventory improvement that has been made recently is the ability to determine how many order to send to a vendor that leverages the level of stock the vendor carries. The software will identify how much inventory a vendor is storing and automatically send the proper orders for units to that vendor as necessary.

Am I Making the Best Choices?

Ravi also explained that one of the core functions of the myFiO ERP software is enabling a business owner to make better choices about how they allocate their resources. This can have a tremendous impact on the business’s bottom line, so it should not be taken lightly.

myFiO ERP software has the ability to incorporate factors like shipping costs into decisions about which location to ship a particular product from in order to maximize profits. The software can also help business owners identify where they are finding new customers and how they can get the right marketing information in front of those customers.

According to Ravi, Group FiO is constantly working to improve the myFiO ERP software and its abilities to be a tremendous aid in critical decision making for business owners.

While many of its competitors don’t amount do much more than glorified database management tools, the myFiO ERP software has the ability to contribute to key business decisions. As you can see, those capabilities are continually evolving and improving, which is why the myFiO ERP software is such a powerful tool for your business.

How to Maximize the Performance of Your Marketing System

grow-business

Once you make the jump and begin integrating Marketing Solution software into your day-to-day business activities, the options to maximize the performance of the system are nearly endless. When properly integrated, Marketing Solution software can be extremely powerful and provide a complete hub from which you manage your business. Here are ten great tips to maximize the performance of you Marketing Solution system:

1. Get Your Entire Team on Board

team meeting

For your Marketing Solution system to be as powerful as possible, you need it to handle your entire business. That means that every division or group needs to get on board and begin integrating the software into their routines. Once everyone is on board, then you will have the best chance of maximizing performance.

2. Stop Cold Calling

One of the most powerful aspects of using an Marketing Solution system instead of a more basic CRM system is that the Marketing Solution system will allow your marketing people to integrate their process with your CRM database. That means that you will have the ability to property educate any potential clients about your products before making your sales calls.

3. Better Execute the Timing of Sales Calls

Using the extensive database contained in the CRM module of your Marketing Solution system, you should take keep detailed notes of exactly when the best time are for contacting each of your clients. The more details you are able to process, the better chance your software will tell you to call a particular client right when they are considering making a change.

4. Shorten the Sales Funnel

Another way that you can maximize the impact of your Marketing Solution system is to shorten your sales funnel. Having every aspect of your business interconnected through the Marketing Solution software makes it easy to be sure that your prospects are well educated about your products and that sales calls and emails are being made at the perfect time.

5. Fold Email Marketing into System

Email marketing is one of the best ways to develop potential customers online casino to the point where they are ready to make the sale. Make sure that your Marketing Solution system is tracking how far along each lead is in your automated email marketing series so that you can properly time your sales efforts.

6. Integrate Social Media Marketing

social-media-management

Where email marketing can develop leads into customers, social media marketing can develop random people into leads. Your Marketing Solution system should be adding anyone who interacts with your social media efforts into a lead development funnel with the goal of getting them into your email marketing funnel.

7. Prioritize Your Leads

One of the most important rules in business is to spend your time working on the highest caliber issues. The same goes for prospects, leads, and customers. Your Marketing Solution system should be prioritizing your leads based on specific factors you identify as important to the eventual sales process.

8. Increase Cross-Promotional Sales Efforts

If you are a larger business with multiple products, you want to make sure that your Marketing Solution system is set up to properly cross-promote similar or complementary products to customers who bought one of your other products. This will increase the value of each individual customer.

9. Get Everything Into The System

In order to truly maximize your Marketing Solution experience, you need to have all of your business information included. You can’t reach the ideal performance levels if you only have half of your business divisions using the system. All of your data needs to get into the system.

10. Push Through the Dip

During the course of your Marketing Solution integration, you will almost certainly reach a point where you are utilizing some aspects of the system and seeing some return on your investment. Make sure you are not accepting “good enough” instead of pushing through the dip into an ideally integrated system. There are a lot of incredibly powerful things that you can do with an Marketing Solution system integrated into your business operations. Getting your sales, marketing, accounting, and supply chain management departments all on the same page can have a tremendous impact on your bottom line. If you are ready to start improving your business today, so is myFiO RMS. Let’s get started!

It’s Time to Combine Your CRM with Marketing Automation

customer relationship management

Using a CRM system to manage your connections is a great start, but it is not enough to keep pace with your constantly evolving competitors. The next evolution of CRM will combine your customer resource database with your marketing automation efforts to form a symbiotic relationship that dramatically outperforms a situation where the two systems work independently of each other.

In order to understand the best approaches for combining CRM and Marketing automation efforts, we need to understand what each of them do well on their own. Then we can explore the exponential growth power that can result from combining the two operations.

What CRM Does Well

Ten years ago, just having a CRM system put you way ahead of the rest of your industry and gave your business a huge competitive advantage. Today, CRM systems are much more common, but that doesn’t diminish the value that they can still provide.

CRM systems do a great job of keeping track of an index of all of your customer and lead contact information. This is not just a rolodex though. Your CRM database can include detailed notes on each and every interaction with a customer or lead and what their responses were at that particular time.

Your CRM system can also online casino include other forms of data storage, such as contracts, call logs, and lists of potential opportunities. Basically, we are talking about a great digital filing cabinet that can keep track of everyone your business interacts with.

Where CRM Falls Short

What CRM systems don’t do is actually market your products. They just aren’t built for that because that is what your marketing automation and sales teams are doing.

However, if you integrate your CRM system with your marketing automation strategy, you can create a hybrid system that primes your leads at just the right times and then alerts you when they are ready for a sales call.

Combining CRM with Marketing Automation

Your marketing automation strategy almost certainly includes things like tracking your website analytics, an email list with an autoresponder sequence, some type of social media effort, and a method of scoring and prioritizing leads.

When you integrate those marketing automation efforts with your CRM system, you will be able to track the development of prospects into leads and then know when those leads are really ready to become customers. That means that you will dramatically improve your conversion rates on sales calls.

The (Marketing Solution) RMS

One of the best ways to combine your CRM and marketing automation solutions is through an integrated RMS system like myFIO RMS. This will allow your team to manage all aspects of your prospect development from one dashboard where everyone is working together and on the same page.

Too many businesses these days are struggling because the right hand doesn’t know what the left hand is doing. Why waste your time developing leads through your web, social media, and email efforts if those leads aren’t going to be tracked by your CRM system? And why track any information at all if the rest of your operation doesn’t have access to it?

If you want to take your business to the next level, getting your entire business on the same page is the way to do it, and implementing an integrated ERP solution is the way to get started. What are you waiting for?

How myFiO ERP Can Help You Grow Your Business

ERP system

One of the biggest advantages of implementing an ERP software solution is that it will give you more time to focus on how to grow your business. In addition to saving you time by automating a number of different tasks, myFiO ERP can also help you work on that growth in many different ways.

The best way to use the myFiO ERP software to grow your business is to approach its implementation on an as-needed basis. The ERP software has the ability to take your business to the next level right from the very start, but that can often be too overwhelming for business owners. Many prefer to implement one step at a time based on their largest pain points.

Every business has a wide range of potential pain points, and whether your biggest issues are with inventory, margins, or supply chain management, the myFiO ERP software has a module that will help you automate a large portion of your business.

The best way to implement any ERP software is to focus on one specific pain point at a time and then continue to increase the quality of the problems you are setting out to solve.

Here are some of the most common pain points that myFiO ERP is able to address:

Customer, Sales and Staff Database Management

Managing multiple databases can be a major pain point online casino for many growing businesses. When you started out, it was easy to keep track of your handful of customers on a spreadsheet and you might not have had any employees at all.

As your business grows, the amount of leads, customers, sales and employees you need to keep track of will skyrocket. This is a good thing, but you need to be prepared to handle it!

In order to keep up with all of the information you need to store for each of these, you are going to want to implement some form of CRM software, and myFiO ERP has the perfect component for that. You will be able to keep track of information relating to all of your leads and customers, document all of your sales data, and even store your employee records.

Inventory Management

Supply chain management is often the biggest struggle for many fast-growing companies. Getting a handle on these types of issue early on will no doubt be helpful in growing your company for years to come. Implementing an ERP software will allow you to watch your inventory like a hawk and myFiO ERP give you the added benefit of doing so in real time.

Another way that myFiO ERP can help you grow your business is by allowing you to improve your multi-channel inventory management, making sure you keep just the right amount of inventory available to each of your sales channels.

Manufacturing Management

If your business handles any type of manufacturing, myFiO ERP has a module that will allow you to really dig in and break down your manufacturing processes. This will enable you to identify and eliminate any and all bottlenecks, thus improving your capacity.

Content Management

E-Commerce retailers will be able to dramatically grow their businesses through the way that myFiO ERP allows them to quickly and easily update their product lists and other online content right from the ERP interface.

Finance and Accounting

myFiO ERP software also contains a finance and accounting module that will integrate with all of the other modules and allow you to stay up-to-date with all of your relevant financial information without having to leave the ERP interface. This can be an incredible time saver and can lead to better financial awareness.

As if all of these great functions weren’t enough to help you grow your business, myFiO ERP also offers easy data migration, so you can import data from just about anywhere and get up and running fast. There is no telling how fast your business will grow once you start saving time and capitalizing on all of the great modules built into the myFiO ERP software!

5 Reasons You Need an Advanced Inventory System for Magento

in stock

Magento is one of the most popular platforms for building an e-commerce business today. However, many successful e-commerce businesses find that they develop certain needs that Magento alone is not built to handle. As your business grows, you are going to want to have more control over advanced inventory management, which will require some additional software.

While there are a few inventory plugins that you can purchase separately to work with Magento, the advanced inventory controls that they offer are already built into your myFiO ERP software. This proves once again that myFIO  ERP is truly a one-stop shop for managing all aspects of your business.

Here are some of the advantages you will gain by utilizing myFiO’s Inventory Management module in conjunction with Magento:

1. Comprehensive Dashboard

Like all of the myFiO ERP modules, the Inventory Management module features a comprehensive dashboard that allows you to get a complete overview of your inventory situation at a glance. This will provide you with a holistic view of your business from an inventory standpoint so that you know that you are not selling products you can’t ship or ordering more of products that aren’t selling.

2. Manage Inventory Decisions

As is true of just about any type of business, the goal for an e-commerce business is to always have enough products in stock to meet demand while avoiding having warehouses full of products that aren’t selling. With all of the benefits of myFIO’s Inventory Management module, you will be placing yourself in a position to make better, more informed decisions about how much inventory to have on hand. RIGHT product RIGHT location RIGHT time.

3. Better Replenishment and Reporting

Another huge advantage of the Inventory Management module is the advanced reporting and planning features. This will help you forecast sales for the coming months based on real data. Comprehensive reports will put the most important data right at your fingertips at the most crucial decision making times.

4. Trace, Track & Adjust Inventory

As your best online casino e-commerce business grows and develops, you will find that you biggest problem is not sales or customers, it will likely be finding a way to keep track of all of your inventory. This will be especially true as you branch out into additional products. myFiO will give you the ability to know exactly where all of your inventory is at any given moment, and can be a lifesaver when it comes to making sure that none of your inventory is misplaced, lost or stolen. REAL time stock availability by sales CHANNEL.

5. Track Backorders

Having an issue getting products from one of your suppliers? myFiO’s Inventory Management module will keep track of how many backorders you have on file and can automatically adjust your purchase orders to compensate for those backorders. This will assure your customers the fastest possible delivery once you get the product in stock.

Growing an e-commerce business can be both exciting and frustrating, and as you continue to grow you will constantly be faced with new and different problems. When the problem of advanced inventory management comes up, it is nice to know that your myFiO ERP software is already capable of working seamlessly with Magento to handle all of your inventory management needs.

How MYFIO CRM Outperforms SugarCRM

FIO vs Sugar CRM

Making the decision on what CRM software package to implement is a monumental task. There are dozens of different software packages that each contain thousands of different options. As if they were trying to make your decision even more confusing, many of these software packages offer different levels of access for different prices.

With all of these variables at play, it can be very difficult to know whether or not you are making the right decision for your company. The last thing you want to do is spend a small fortune committing to and implementing a new CRM system only to find out that it is missing a particular functionality that would make your business run smoother.

One of the biggest advantages that MyFiO CRM offers over its competitors is that it includes more functionality than any other software package. It also includes all of this functionality at one price point, while many of its competitors require upgrades to unlock access to more features.

Let’s take a look at some of the features that come standard with MyFiO CRM that are not included in any of the four versions of SugarCRM:

The Basics

Probably the biggest glaring difference between MyFiO CRM and SugarCRM is that SugarCRM fails to include any module for email or mass email. Email has become a major tool for all types of small online casino businesses and is the preferred method of contact for many of your customers. MyFiO CRM includes the ability to send specific customer emails and mass emails as a standard feature.

Another basic advantage that MyFiO CRM has over SugarCRM is that it contains a section that allows you to keep notes on just about anything you might need to keep track of for your business. While SugarCRM apologists might argue that it is no big deal to keep your notes in another program, the whole point of utilizing an ERP or CRM package is to have everything located in the same place.

Sales

The area where SugarCRM really drops the ball is in the sales department. It does not include the ability to handle sales orders or invoicing even with its most expensive package. In addition to those functions, MyFiO CRM also adds the ability to differentiate potentials from leads as well as track price books, tax calculations, and take detailed notes about a particular sale.

Marketing

CRM integrated marketingOn the marketing side of your business, MyFiO CRM includes already designed email templates. Features like product tracking, creating a customer portal, and maintaining customer profiles are also standard features with MyFiO CRM, but are not available on any version of SugarCRM.

Service

If you offer any type of service package with your products, don’t count on SugarCRM to be able to handle keeping track of that. However, tracking service contracts through the service module is yet another standard feature with MyFiO CRM.

Implementation

Another huge difference between MyFiO CRM and SugarCRM is that SugarCRM offers virtually no flexibility in terms of implementation. With MyFiO CRM on the other hand, because it is a professional edition opentaps ERP package, just about everything can be customized to your liking. This includes adjusting any of the layouts, tabs, or settings. You can even include your company logo where you feel it is appropriate.

As you can see, there are quite a few details that you might really miss if you chose to go with SugarCRM instead of MyFiO CRM. MyFiO CRM is, by far, the most complete CRM option on the market. If having the options, flexibility, and functionality to meet the needs of your business is important to you, then MyFiO CRM is really your only CRM option.