Best of the Week
Most Popular
1. TESLA! Cathy Wood ARK Funds Bubble BURSTS! - 12th May 21
2.Stock Market Entering Early Summer Correction Trend Forecast - 10th May 21
3.GOLD GDX, HUI Stocks - Will Paradise Turn into a Dystopia? - 11th May 21
4.Crypto Bubble Bursts! Nicehash Suspends Coinbase Withdrawals, Bitcoin, Ethereum Bear Market Begins - 16th May 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.Cathy Wood Ark Invest Funds Bubble BURSTS! ARKK, ARKG, Tesla Entering Severe Bear Market - 13th May 21
7.Stock Market - Should You Be In Cash Right Now? - 17th May 21
8.Gold to Benefit from Mounting US Debt Pile - 14th May 21
9.Coronavius Covid-19 in Italy in August 2019! - 13th May 21
10.How to Invest in HIGH RISK Tech Stocks for 2021 and Beyond - Part 2 of 2 - 18th May 21
Last 7 days
Bitcoin Black Swan - GOOGLE! - 24th Jul 21
Stock Market Stalling Signs? Taking a Look Under the Hood of US Equities - 24th Jul 21
Biden’s Dangerous Inflation Denials - 24th Jul 21
How does CFD trading work - 24th Jul 21
Junior Gold Miners: New Yearly Lows! Will We See a Further Drop? - 23rd Jul 21
Best Forex Strategy for Consistent Profits - 23rd Jul 21
Popular Forex Brokers That You Might Want to Check Out - 22nd Jul 21
Bitcoin Black Swan - Will Crypto Currencies Get Banned? - 22nd Jul 21
Bitcoin Price Enters Stage #4 Excess Phase Peak Breakdown – Where To Next? - 22nd Jul 21
Powell Gave Congress Dovish Signs. Will It Help Gold Price? - 22nd Jul 21
What’s Next For Gold Is Always About The US Dollar - 22nd Jul 21
URGENT! ALL Windows 10 Users Must Do this NOW! Windows Image Backup Before it is Too Late! - 22nd Jul 21
Bitcoin Price CRASH, How to SELL BTC at $40k! Real Analysis vs Shill Coin Pumper's and Clueless Newbs - 21st Jul 21
Emotional Stock Traders React To Recent Market Rotation – Are You Ready For What’s Next? - 21st Jul 21
Killing Driveway Weeds FAST with a Pressure Washer - 8 months Later - Did it work?- Block Paving Weeds - 21st Jul 21
Post-Covid Stimulus Payouts & The US Fed Push Global Investors Deeper Into US Value Bubble - 21st Jul 21
What is Social Trading - 21st Jul 21
Would Transparency Help Crypto? - 21st Jul 21
AI Predicts US Tech Stocks Price Valuations Three Years Ahead (ASVF) - 20th Jul 21
Gold Asks: Has Inflation Already Peaked? - 20th Jul 21
FREE PASS to Analysis and Trend forecasts of 50+ Global Markets by Elliott Wave International - 20th Jul 21
Nissan to Create 1000s of jobs with electric vehicle investment in UK - 20th Jul 21
Bitcoin Halvings Price Forecast and Stock to Flow Analysis - 18th Jul 21
Dell S3220DGF Unboxing and Stand Assembly - 32 Inch 165hz Curved Gaming Monitor Amazon Discount - 18th Jul 21
What Does The Fed Mean By “Transitory Inflation” And Why Is It Important To Understand? - 18th Jul 21
Will the US stock market’s worsening breadth matter? - 18th Jul 21
Bitcoin Halving's Price Projection Forecasts Trend Trajectory - 18th Jul 21
Dell S3220DGF Price CRASH to £305! 32 Inch 165hz Curved Gaming Monitor Amazon Bargain - 16th Jul 21
Google, Amazon and Netflix are Scrambling For This Rare Gas - 16th Jul 21
Sheffield Millhouses Park New Children's Play Area July 2021 Vs Old Play Area - Better or Worse? - 16th Jul 21
Inflation Soars, Powell Remains Unmoved. What about Gold? - 16th Jul 21
Goldrunner: Gold Could Jump To $1,900-$2,100 In Next 30 days – Here’s Why - 15th Jul 21
Tips For Finding The Right Influencers - 15th Jul 21
ECB Changed Monetary Strategy. Will It Alter Gold’s Course? - 15th Jul 21
NASA And Big Tech Are Facing Off Over This Rare Gas - 15th Jul 21
Will the U.S. Dollar Lose Momentum In the Second Half of 2021? - 15th Jul 21
Bitcoin Stock to Flow Model Forecasts Infinity and Beyond! - 14th Jul 21
Proteomics: The Next Truly Massive Investing Opportunity - 14th Jul 21
Massive Solar Storm to Hit Earth 2025, Coronal Mass Ejection (CME) Danger and Protection Solutions - 14th Jul 21
Is This The Best Way To Play The Coming Helium Boom? - 14th Jul 21
Meet SuperMania and its Ever-Present Sidekick, SuperMeltdown - 14th Jul 21
How NFTs Are Shaking Up Arts Trading - 14th Jul 21
Gold: High Time to Move Out of the Penthouse - 13th Jul 21
Climb Aboard! Silver Should Run Up To $38 In Next 30 Days - 13th Jul 21
How Will Remote Work Impact the U.K. economy? - 13th Jul 21
Why Helium Stocks Are Set To Soar in 2021 - 13th Jul 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Smart Solutions That Will Make Your Business More Efficient and Productive

Companies / SME Mar 13, 2021 - 07:38 PM GMT

By: Steve_Barker


In today’s digital age, it has become essential for every business to use technology in order to be more efficient and productive. With each passing day, technology continues to develop, offering new ways to improve our lives by simplifying tedious tasks, automating repetitive ones, and facilitating communication. No matter the size of your business, it can benefit tremendously from utilizing smart solutions to improve its operations and services. Meanwhile, remote working has become increasingly common in the last decade, allowing employees to work from any location.

With all that in mind, you can find smart solutions to improve your business’ efficiency and productivity in the guide below.

Software for Remote Working

Remote work started with technology, and the moment we were able to communicate over long distances, remote work has been valid and needed. Many employees find themselves wanting a document or needing to contact a colleague while they’re out of the office. In those instances, the need for software to facilitate and improve the productivity of employees was found. Slack and Google Hangouts are perfect apps that offer easy and simple communication between team members wherever they are. Slack allows you to make group channels for a team, a department, a branch, and the whole company for easier messaging, and it can be integrated with other apps and software. Face-to-face meetings are more productive than any other means of communication, and while it’s difficult to have a meeting while working remotely, Google Hangouts facilitates these meetings. Aside from the high-quality audio and video calls, users can share their screens through Hangouts to show their work more efficiently.

Human Resources Management Software

Human resources tasks and procedures can be tedious and repetitive, and they consume time daily and monthly that can be allocated to other tasks that require decision-making or strategic thinking. Some HR software are cloud-based, so you can access them from anywhere with the proper authorization, while other HR software are installed on the company’s computers and laptops. HRM software manages benefits, recruitment, and other aspects of HR. As demonstrated by Zenefits’ payroll system, there are also specialized programs that allow you to automate the whole payroll system and save your HR team a significant amount of time every month. HR managers can access information about every employee through these tools that help in pointing out the areas that need development. Regular evaluation of employees’ performance will increase the productivity of your business by improving the workforce continually.

Software for Tracking Time and Attendance

If your employees work out of the office or at home, it can be difficult to track the time they spend working. Some may grab a cup of coffee on their way to meet a client or take a nap if they are working from home. Clocking in and out can be manipulated easily if there is no one watching every move, which is practically impossible. These actions will affect the productivity of your business and that’s why you need software to simplify tracking your employees’ performance. There are various time and attendance tools that will track your employees’ arrival, departure, time spent on a specific task, performance, and the results of their tasks. The reports you get from these tools will show you if you are short-staffed or in need of new employees. You don’t need to do anything manually, all you have to do is read the reports generated from these tools.

Utilize Internet of Things (IoT)

IoT is basically the devices that communicate with the internet, internal network, and each other without human interaction. For example, an IoT printer will detect when the ink is low and either order new ink or send you a notification on your phone informing you that you need to buy ink for it. Smart thermostats learn when your employees are in the office and the weather outside and adjust the office’s temperature accordingly to ensure your employees are working comfortably. The devices that became IoT are increasing gradually and it enhances productivity and efficiency as the employee no longer needs to wait for the ink of the printer to get replaced or is put off by the temperature in the office. These are simple examples, while other IoT devices learn the pattern of the employees’ performance and adjust their tasks accordingly to ensure better productivity.

Smart solutions can mean the difference between the success and failure of your business, and they must be utilized properly for your establishment to survive. Some of these smart solutions are free, which means you don’t need to set a budget for them. Others may require a paid subscription, but they will prove to be a good investment in the long run. Incorporating technology into your day-to-day operations will not only improve efficiency and productivity but can also prove to be cost-efficient. Some of these solutions will also eliminate human errors and boost the bottom line of your business.

By Steve Barker

© 2021 Copyright Steve Barker - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

© 2005-2019 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in