TechnologyBusiness

5 Technologies to Move Your Business Forward

The opportunities made available by technology to save time, reduce costs, and sharpen the competitive edge of any organization cannot be overstated. That’s no secret in this day and age. But with so many business-oriented solutions flooding the market, it can be difficult to identify those that truly have any long-term value.

New technologies often require a flow-disrupting investment of time, resources, and training to be fully implemented. That becomes a risky proposition when weighed against the possibility of them losing support or relevance in the foreseeable future. Some technologies, however, can be relied upon to remain stable and useful for years to come, such as tinder plus free.

Below are 5 such technologies that, when used right, can move your business forward at lightning pace.

Mobile Payments

Statista estimates that by 2023, over 1.3 billion people will be making transactions with their smartphones.

Mobile payments are especially popular among younger audiences and serve as an ideal platform for integrating loyalty programs to further attract customers. They also facilitate analytics tracking, not to mention their lower swipe fees compared to traditional payment systems.

Cloud Services

By leveraging cloud-based software and storage solutions, businesses can benefit from incredible cost savings and efficiency improvements.

Moving your data off-site eliminates the need for hardware and all the expenses that go with maintaining it. Applications that run in the cloud are faster and more affordable as well. The audio visual solutions offered by Involve.vc paint a good picture of the possibilities, such as with their cloud-based Video as a Service platform.

Their technologies have been used to create video conferencing tools for better collaboration among members of the Welsh government, virtual clinics that allow the Leeds Teaching Hospitals Trust to treat patients in their homes, and much more. These tailored solutions have all kinds of possibilities for improving efficiency and saving money.

Time Tracking Apps

To identify how you can manage your time more effectively, you need to know where it’s going.

Time tracking apps such as Toggl, Harvest, and Everhour can help you achieve exactly that. Moreover, they can provide a more accurate reading on how your employees are spending their time, thus improving the efficiency and transparency of billing and payments.

Project Management Software

The days of drowning whiteboards in post-it-notes to stay on top of projects are long gone.

Tech-savvy businesses are using project management software to improve collaboration, delegate tasks more effectively, better manage their budgets, integrate new team members faster, and facilitate remote working. Some popular tools in this category include Trello, Wrike, Basecamp, and Zoho Projects.

Accounting Tools

In a similar vein to the abovementioned technologies, accounting tools can save time, reduce expenses, and give you a clearer picture of where your money is going. Software such as QuickBooks, Xero, and Wave will also help you better organize your finances and avoid crucial errors.

These technologies can help you gain the upper hand over your competitors. However, it’s likely that they’ll eventually adopt the same solutions, so be sure to always look into how you can use the latest tools to stay ahead.