Purchase Order Management Software

Is This A Good Business Plan?

I am going to develop a sales/order management system that would allow companies to create, manage and track quotes, purchase enquiries, sales orders, stock management and so on…. basically it would manage the end to end process of sales within the business.

My idea would be to sell the software product for a 1 off price and then a cost per user license. I would also sell maintenance support to ensure a steady income supply.

Do you think this is a good idea? and what niche market would benefit most from such a system.

Cheers

Hi,

Do a search for ERP, it stands for “Enterprise Resource Planning”.

I quote from wikipedia:
This is very common in the retail sector, where even a mid-sized retailer will have a discrete Point-of-Sale (POS) product and financials application, then a series of specialized applications to handle business requirements such as warehouse management, staff rostering, merchandising and logistics.

Basically it would “manage the end to end process of sales within the business”. I think your idea is fabulous, just a bit late. A company called SAP is an established multi-billion dollar ERP vendor.

But still, there are a LOT of smaller companies who sells the same solution.

It is a good business plan with pretty wide niche.

All the best!


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