Gone are when businesses needed to rely on manual operations to scale. These days, you can harness the potential of technology to give your enterprise a massive facelift.
Suppose you want to take microcredit like microloans, and you need the right accounting tool to manage this for you. There are several good and affordable accounting software that can track your finances.
In this article, you will learn how to take your business to greater heights with these tech tips.
Automate Your Finances Using Accounting Software
Technology has made accounting more accurate, easier, and faster to compute in this age. It has eliminated the need for business owners to take several hours to put their financial records in order manually.
If you want to get more productive as a business owner, it is time to start leveraging the uniqueness of several accounting software that is easily accessible. For example, if you have taken microloans, you can use some tools to track and calculate repayment, interest rates, etc.
One of the accounting software to try out is Xero. This financial platform makes it easy for non-financial members of staff to use it conveniently. Any authorized personnel can access the business’ financial data and records.
Another financial platform that many small companies use is QuickBooks. With this platform, you can collaborate with accounting advisors outside the company. In addition, this software is integrated with notable payment providers like Stripe, PayPal, etc.
Other accounting software that you can use to automate your finances are NetSuite, Microsoft Dynamics GP, BlackLine, Wave, FreshBooks, etc.
Create A System For Organizing And Tracking Your Tasks
Organizing your tasks is one of the fastest and most effective ways to run your business. It makes operations flexible and easy to manage. When you create a system for automating and organizing your tasks, one of the features to look out for is ease of use.
You need to be sure that your staff who are not technically inclined will be able to use these tools. Another factor to look out for is flexibility. Your task management software needs to have different custom features that allow you to organize tasks based on your preference.
Also, you need to check if this tool helps remind you about deadlines and the urgency of tasks. One of these tools to leverage is Infinity. It is one of the most useable task management tools that help to coordinate your business operations.
Another tool that is easy to use and understand is Asana. One of the special features of this tool is you can use the offline feature to keep track of your tasks. Other notable tasks management tools are Trello, Jira, Teamwork, ClickUp, Basecamp, etc.
Use a CRM To Manage Customer Data and Keep Track Of Interactions
Customer relationship management is called CRM for short. It is a blend of practices, technologies, and strategies used to manage everything customer-related. The essence of a CRM is to improve the customer experience and have them stick around for a long time.
With CRM systems, you can gather customer data from your business’ website, social media channels, email marketing platforms, etc. As a result, your business stands to gain a lot from a functional CRM because you can use the information to step up your customer service after analyzing customer behavior.
A CRM allows you to perform broad tasks like Marketing automation, Salesforce automation, Contact Center automation, Lead management, Analytics, Human resource management, etc.
Some CRM software you can use for your business are Scoro, Salesforce, Pipedrive, Insightly, Zoho, HubSpot CRM, NetSuite CRM.
Set Goals And Track Progress Regularly
Every business owner needs to know how to set goals because it determines the direction your brand would move. In addition, setting business goals and learning how to track your progress helps you to remain focused, thereby eliminating the chances of deviating from the original plan.
Use Technology To Improve Communication Within Your Company
Remote work continues to gain ground each day as more companies are leveraging the benefits of remote work to enhance productivity. However, one of the downsides of remote work is communication.
Technology innovation has made communication and collaboration easier that people can work together and achieve a common goal from the comfort of their location. In addition, communication tools have become more affordable and easy to use, making them a must-have for businesses.
Some of these tools are Google Meet, Zoom, Zoho Meeting, ClickMeeting, TeamViewer, Microsoft Teams, Slack, etc.
Managing an enterprise can be very demanding because different features should be in place to contribute to your business’s overall growth. With the tips mentioned in this article, you can make informed decisions on using technology to boost your business’ operation. If you want to learn how to take microloans, check the link in the introductory paragraph to learn more.