What is required is a team of professional expertise, with cross-industry experience and technical capabilities. The main aim is to find the way out of excessive drainage of money and thereby the best means of reducing costs, streamlining business processes and gaining business advantages. The main aim of the intranet/extranet applications is to streamline and automate workflow, gather information on-line, report on data from manifold systems and manage content and documents for numerous departments with central data management. Companies strategic advantage depends on the capability to find critical information from anywhere, at anytime. This helps the company to shift its policy when it finds that it is mandatory for proper management. What Intranet and Extranet provides are enlisted below:

Robust Information Management System: Through information management system one can find out that information which are necessary for proper management of an organization. Information management system is also essential for documentation of valid information about the employees, their absentees, their present work status and the projects that they are handling. Therefore, information management system is a part and parcel of every big to small enterprise. Information can be managed in the following fields:

Project or Document Management: It is a way to manage the documents and projects which are handled by the employees. This helps to keep a track of the various projects that are managed by the employees. It offers the opportunity to the management to find out the employee who is handling a particular project when there is any problem.

Business to Business: Information from one business organization to another can be obtained easily. Information is mainly required for the purpose of communication; communication makes way for better business deals and transactions. Therefore, it is extremely important to communicate with various business personnel.

Corporate Portals: It provides enterprise knowledge organization and distribution with tailored access and appearance.
Collaboration Tools: It consist of forums and discussion boards, even calendars, internal or/and external messaging systems which are essentially meant for communication with clients, partners and employees

Enterprise Data Repositories: It offers the opportunity for organized and secure storage and recovery tools for corporate document and digital quality management.

Workflow Automation Tools: It helps in the process of business process automation systems facilitating and reorganization of the management of day-to-day business operations.

Custom web development has revolutionized the entire system of corporate management and has brought in a new wave of reformation for the entire IT Industry.