Automate It! 5 Ways Using Technology in Business Will Improve Your Bottom Line

Time is money. Do you know over a third of employees report spending at least 25% of their work week on repetitive tasks?One way technology can help your bottom line is by automating frequently done tasks.

Ready to take your business to the next level this year? If so, check out five ways using technology in business will take your profits to the next level.

  1. Collaborating on Projects

No matter the industry, teamwork is a must. Working on projects often requires easy shared access to different files.Finding a tech solution that lets any employee access files to collaborate is one way to drastically improve efficiency.Many options are cloud-based which means your staff can make changes on the go too.

  1. Track Time and Tasks

When individuals and businesses feel strapped on time, often they simply are not utilizing their time as well as they could. If you feel like projects are not getting done, it may be time to take a hard look at how you are spending your time.

There are numerous time-management apps and software to use to get you started.Key things to track include time spent on individual projects, time spent surfing the internet, and time socializing. You may get a rude awakening about how much time you spend not working.

Technology in Business

  1. Get Chatty with Customers

Happy customers are paying customers. While managing concerns and answering questions is time-consuming, it’s critical.The good news is that often times, people have the same questions over and over again. Enter chatbots. These automated systems can interact with customers and assess the level of need.

If a customer’s problem can’t be handled with a set of canned responses, it can be forwarded to a true customer solution employee.

  1. Payroll Assistance Technology in Business

Tracking employee hours and completing payroll can be difficult. Internal systems can be expensive to create for small businesses.If you need a quick solution, there are many online options that can tackle time entry, tax calculations, and more.Be sure to check out a paystub generator that can create documents with a click of a button.

  1. Results-Oriented Marketing

Technology has allowed us to move beyond random newspaper ads and expensive commercials.With a few steps, you can create impactful and efficient ads on Facebook, Instagram, and other mediums.What is so great is that through these platforms, you gain insight into your target customers. This insight helps you create more appealing ads, offers, and products in the future.

Don’t forget about coordinating your online and offline marketing efforts. This will create a seamless brand experience for customers.Harness the Power of Technology for Bigger Margins

As you can see, using technology in business is one surefire way to dramatically increase your productivity.

Whether you first take a look at how you spend your time through time-management software or invest in a chatbot system, you will definitely notice a difference.

Looking for more information and trends to watch for? Check out these top things to look out for in 2019