In this digital world, businesses of all types rely heavily on advanced tech tools and solutions for several purposes like communication, customer management, productivity, inventory tracking, etc. Investing in the right business technology helps streamline business operations to get more done efficiently and in less time. If you are using the latest business tech tools and software, then you are on your way to opening your business to success. If not, it is the right time to get started by investing in the most common types of business technology & tools.
Top Business Technology Tools & Software in 2022
If you feel overwhelmed with the lots of solutions and systems available for business operations and processes, we have got you covered. Here is a comprehensive list of common business technology tools and solutions that help save time and money while increasing overall operational efficiency and productivity.
Customer Relationship Management System
As having a telephone is important for effective communication with customers, a customer relationship management system or CRM is equally important to record customer details and information in an organized manner. It is a useful business tech tool that helps businesses collect, store and organize customer information in the best way possible. Modern CRM system software can be integrated with digital marketing solutions like social media, email, and business websites to communicate with customers more efficiently using modern communication solutions. Some customer relationship management systems also create reports and send automatic alters to customers for better engagement. HubSpot and Salesforce are popular CRM systems suitable for all types of businesses.
Task Management Tools
A task management tool is a software system that helps businesses assign and track employee tasks digitally instead of manually. These tools help entrepreneurs and business owners manage business and project-related tasks in the best way possible. This also helps them save time and effort in communicating and tracking employee progress toward assigned tasks. Asana and Trello are businesses and organizations’ most popular online task management tools. These tools help businesses stay on top of to-do lists, project tasks, employee rosters etc. You can also use a task management tool to collaborate better and keep everyone on the same page.
Accounting Software System
Accounting software systems enable startups and established organizations to manage their financial data and information. Quickbooks is a perfect example of an online accounting software system every business can use to keep track of their financial health. Giant organizations often invest in custom accounting solutions to meet their financial needs. Accounting software is one of the common business technology tools to keep proper track of revenues and expenses of a business to calculate profit or loss at the end of a financial year.
Inventory Control System
This is a business technology that manages inventory within the business to help management stay on top of stock levels. Inventory control systems are designed to keep track of in-stock items and generate automatic alerts when stock is about to end or new items arrive. Some advanced inventory management solutions place orders automatically to maintain good inventory levels and meet customer demands effectively. Such software systems are also connected with POS systems and warehouse management systems to keep the sales team informed regarding stock levels so they can book orders accordingly.
Marketing Automation
In this digital landscape, several business operations and tasks can be automated and marketing is one of them. A variety of marketing automation tools is out there that businesses can use for email and social media marketing automation. Email marketing software like MailChimp and social media marketing Sproutsocial are commonly used by both small businesses and organizations to put their marketing efforts on autopilot. This helps business owners spend time and effort on other productive things to keep business operations running smoothly without hiring more employees.
e-Signature Tools
Getting signatures of documents is not a big deal anymore. Thanks to E-signature tools like HelloSign, business professionals can upload documents and send documents online to the right individuals or parties for getting signatures online. In this era of cybersecurity threats, e-signature tools add an extra security layer to confidential documents by setting passwords and PINs for documents to be signed. The assigned person for signing documents can get the PIN or password to open the document and sign online even using mobile devices like smartphones. This eliminates the need of physical presence for putting signatures on documents. As a result, businesses are better able to save time and money by getting documents signed in real-time.
File Sharing and Collaboration Solutions
When you need to send a file to a remote worker or want to collaborate on a project, file-sharing solutions like Google Drive come into play. These cloud-based online tools help businesses and individuals upload, store, and share files with anyone using internet-connected devices. File sharing tools also ensure everyone is working on the same version of a document or file when more than one employee is working on the same project or document. Thanks to cloud-based file sharing solutions, you can send business files and documents to anytime anywhere without waiting for hours.
ERP (enterprise resource planning) System Tools
ERP system tool is software that provides real-time data about different departments and operations of the business to help plan and manage things in the best way possible. It basically serves as a hub of all basic business resources, operations, and processes. ERP system tools can be used to manage daily business chores and like accounting, employee management, project management, risk management, and supply chain operations, etc. Most businesses invest in custom ERP systems so they can design such software as per the individual needs of their operations and processes.
Conclusion
We are living in a technology-driven world where are several technology tools, software and solutions available for businesses to survive and thrive. Before investing in business technology tools, you should asses the particular needs of your business to choose the right tools for increased productivity and operational efficiency.
