Compared to small businesses, large enterprises appear to have it easy. They have all the resources, manpower, and even access to many willing service providers.
Banks usually tailor their business solutions to the needs of enterprises, and even software developers often have big corporations in mind when designing business platforms.
The market of software solutions can be confusing. There are simply too many options for virtually any type of software, and obviously, all of them advertise themselves as “the best”.
Many small business owners fall into the trap of buying enterprise level software.
Many small business owners fall into the trap of buying enterprise level software. The reason behind that is simple: many of us are dreaming of turning our business into a big success.
So why waste money on small business software when you’ll soon need larger and more powerful solutions?
That sounds reasonable, but unfortunately, it’s not exactly true. Software designed for large enterprises contain many features that are useful for companies that are large at that very moment.
And those features are not only unnecessary for small businesses, but can be downright harmful.
The Main Differences
The first main difference between enterprise and small business software is, obviously, their pricing. Enterprise level platforms tend to be much more expensive, since they offer more features and are designed for companies that can afford such large purchases.
Do you want to pay for features you won’t be using?
The size of the software mirrors the size of the company it’s developed for. Enterprise level platforms tend to be much larger and more complicated. They often require an IT department to implement and maintain them.
This often includes customization as well. Sometimes, IT departments access the coding of their business software platforms and alter it to fit their specific needs.
Small businesses typically don’t have bigger IT departments available to help with implementation and troubleshooting. Frequent crashes, slow systems, and glitches could occur every day.
It’s easy to see how this could hinder small businesses. Large files eat up space on hard-drives, and are a lot more difficult to maintain. Small businesses typically don’t have bigger IT departments available to help with implementation and troubleshooting. Frequent crashes, slow systems, and glitches could occur every day.
Software designed for small businesses tend to be smaller in size, and a lot easier to implement. Less complex platforms require less time and effort for maintenance, which is just right for small businesses.
Decision-making is more difficult for large enterprises. Many departments provide input, but the final decision is usually made by an executive. This means that the person making the decision will most likely not use the platform.
Often, the person choosing the software will be the person using it. This is why platforms developed for small businesses only have the core functions: the ones you’ll really need.
Software developers know this process, and they try to include more and more functions (e.g. high level reporting and analytics) that would appeal to executives. While these functions may indeed be useful for CEOs, the people actually using the software wouldn’t benefit from them.
Small businesses, on the other hand, have a much simpler decision-making process. Often, the person choosing the software will be the person using it. This is why platforms developed for small businesses only have the core functions: the ones you’ll really need.
Solutions for Small Businesses
Luckily, many service providers are looking after the needs of small businesses. Salesforce, for example, the developer of the well-known enterprise sales platform, has designed a sales software specifically for small businesses.
When shopping for a platform, keep your business’ exact needs in mind. Don’t let yourself be wooed by shiny features you won’t need.
The same is true for payment platforms.
Take a look at Veem, the B2B payment platform designed with small businesses in mind.
Veem allows you to send and receive global payments with just a click. Veem saves your business time and money, since we offer fast and secure global transfers, and charge no wire fees.
Veem has all the features you need, and none of the ones you don’t.
Sign up for a free Veem account to click, save, and grow.