Is your business still stuck in the '80s? Here are some outdated business practices and suggestions how to bring your business into the modern world.
1) You still keep your records in filing cabinets. Keeping physical records is costly and takes up valuable office real estate. It's also dangerous. There is the possibility of floods, fire and theft. Why not join the 21st century? Having documents converted to digital formats is relatively painless these days, and once it's done, you can access them anytime and anywhere, improving productivity.
2) You spend hours filling out paperwork. According to studies, the average finance worker spends half a day filling out forms, paying bills, and processing invoices manually. A business, no matter the size, can benefit from automating work flows. It makes a big difference, especially for functions like accounts payable, where you can scan invoices, press a button, and you're done. An automated system puts information into correct fields for processing so you don't waste valuable time doing it yourself. Businesses who adopt a paper-free process enjoy faster response time, improved productivity, and better monitoring of process status and workflow.
3) Business travel is busting your budget. Sometimes attending a conference or spending face time with a client makes sense, but not all the time. Hotel bills, meals, mileage, airfare, cab fare, tips, etc. add up to real money over time. With modern collaboration tools like audio and video conferencing, interactive whiteboards, and inexpensive VOIP available, there's no reason to spend so much of your time and money on travel.
By implementing a few simple and inexpensive technology updates, you'll only regret that you hadn't
done it sooner.