Tech-savvy businesses are taking big strides in making software, AI and automation work for their enterprise. Going digital could be one of the smartest moves you make.
In this series, we’ll look at some keyways to optimize your business, exploring different avenues to evolve your enterprise and create a legacy you can be proud of.
Let’s explore how embracing the latest software tools helps you optimize your business.
Going digital and putting tech at the heart of your business
Cloud-based solutions and AI-driven tools are the foundation stones of a modern, digital-ready business. You might have legacy systems and operational processes that you know inside out, but if you’re not in touch with the latest tech this could be a major competitive disadvantage.
Why are digital solutions so important for a streamlined and productive business?
Let’s take a look at five important ways that tech can change the way you work:
1. Move your infrastructure to the cloud
Being able to connect to your business systems from anywhere with WiFi is a major advantage. Switching to Google Workspace or Microsoft 365 helps you collaborate remotely, share documents in real-time and centralize all your data storage and management. Cloud platforms are also cheaper to run, always run the latest software versions and scale with the business as you grow.
2. Automate your routine tasks with AI
Repetitive tasks are an important part of your operational processes, but they eat into your time and productivity. Automating these repetitive administrative tasks turns you into a more streamlined and efficient business. AI chatbots can manage first-level customer service tasks, ChatGPT can speed up your content marketing and tools like Zapier can be used to automate a multitude of different processes and operational tasks in the business.
3. Switch to SaaS for your financial management
Software-as-a-Service (SaaS) financial platforms, like Xero or QuickBooks, will transform the way you manage your finances and accounting. All your sales, transactions and expenses are managed in the cloud, giving you instant access to your numbers. You also have detailed reporting and automated metrics available to you. This is vital for making data-driven decisions.
4. Analyse your business data
Financial data isn’t the only data you should be analyzing. Using platforms like Power BI, Google Analytics and specialist industry analytics software helps you understand your customers’ behavior, optimize your marketing strategies, predict the performance of your manufacturing processes or manage your inventory in smarter (and cheaper) ways.
5. Get your cybersecurity up to scratch
With so many systems now in the digital realm, watertight cybersecurity is a must. This means having strict encryption tech in place, training your people in good cybersecurity practices and making sure you have complete control of your various in-house and customer data sources.
Talk to us about ways to improve your digital transformation
Switching to digital systems and SaaS tools doesn’t happen overnight. This is a gradual process of bringing the latest tech on board and learning how to get the most value from the software.
If you’re wanting to embrace the newest automation and AI tools, now’s the time to talk to us. Our team will be happy to review your systems and suggest the next tech upgrades that will deliver the most improvements to your business.
The following content was originally published by BOMA. We have updated some of this article for our readers.