21 Proven Facts of How Technology Is Helping Your Business to Grow

Modern-day business owners should know how to use technology for the benefit of their companies.And below is a list of 21 facts to help jump-start that progress, showcasing just how technology helps businesses to grow.

1. Business owners can use time tracking software for finding out how they’re utilizing their time. This would allow you and your team to become more efficient time managers, which in turn would increase company-wide productivity.

2. Replacing expensive branded applications with their open-source counterparts allows businesses to earn bigger profits.

3. Get a hold of advanced task management and project management tools for completing every day business responsibilities quickly and flawlessly.

4. Having access to digital filing systems allows businesses to save, find, sort and share vital documents seamlessly. This will also allow you to go paperless and save money both on supplies and storage. In addition, for a more organized ongoing bookkeeping process, it’s helpful to share all your digital files with an accountant or bookkeeper.

7. Social media websites such as Pinterest, Google+, Twitter, Facebook, YouTube, etc. are great places for promoting your company, services and products. You can post videos, write-ups and captions on these platforms to introduce your offerings to new and potential customers.

9. Get hold of remote desktop applications so that you can have access to all the files you have on the office computer irrespective of your location. These applications would also increase your productivity.

10. Two other must-haves for people looking to work remotely are electronic fax lines and virtual phone numbers, which would remain accessible everywhere.

12. Using advanced online invoicing services would allow you to reduce the cost of amassing payments from your customers.

13. Use a budget tracking software for ensuring that you always stick to your original budget. These tools would also help you in cutting expenditure.

14. The advent of the internet has improved our lives significantly. One of the biggest advantages this technological boom provides business owners with the ability to file taxes online.

15. The option to sell products online is allowing companies to reach a bigger customer base without spending any additional time. No matter where your business is located, having an online store allows you to acquire customers from all around the globe.

17. Technology has ensured that meetings can be held even if all the attendees are located in different places. The option to conduct conference calls and video conferences allow people in various locations to be on the same page.

19. Today, business owners can easily set up online ticket systems or help desks for handling various customer issues seamlessly.

20. Social media platforms are also great places for conducting customer service and holding one-on-one interactions with customers.