To run a big organization, companies need to centralize their data in one place. Enterprise platforms pull together data from different organizational functions like HR, Marketing, Sales, Accounting, Supply Chain Management and CRM to streamline operations and improve collaboration between various functions.

Once the system is centralized, employees can share data and collaborate easily to make faster decisions. This boosts employee productivity. It helps employees to focus on their core tasks by eliminating repetitive tasks.

Depending on the company’s requirements and size, it can decide to adopt one or more enterprise platforms. Smaller companies can rely on 1 enterprise platform whereas big companies can use specific platform for specific functions to take advantage of unique capabilities of each platform like CRM for customer service or an HR system for employee management.

Understanding the company’s objectives and long-term goals is essential when choosing an enterprise platform. For instance, if improving customer experience is the priority, Salesforce could be a great choice. If employee productivity and communication are the focus, Microsoft might fit better. An organization can also choose to use a combination of different platforms.