7 Technology Tips for Growing Businesses
Investing in fit-for-purpose IT systems, software, and services can make or break a growing business. Access to the right technology lends a significant competitive advantage, making your operations more agile in responding to changing business needs, boosting satisfaction among your employees, and leading to better productivity. Here are seven technology tips to help manage the […]
Why Your Company Needs Integrated Business Management Software
Business operations are complex and comprise many moving parts. Every department has its own unique requirements and challenges and, because of this, each one tends to operate in a bubble.
These bubbles are commonly referred to as organisational silos, in which different divisions in a business avoid sharing information with one another. Although business culture may be the primary cause of this, a lack of software integration is often to blame as well
How an Asset Management Software Helps in Audits
An asset management software is a powerful tool that helps organisations in managing their assets and streamlining the audit process. It provides an efficient way to store, track, and analyse all the information related to an organisation’s assets. As a result, you can reduce the time and effort spent on audits by getting a comprehensive view […]
How To Build a Business Continuity Plan
According to Forbes, around 40% of small and mid-sized businesses (SMBs) never reopen after a natural disaster, and an additional 25% reopen but fail within a year. Gartner reports that the average cost of downtime is roughly $5,600 per minute, which extrapolates to well over $300,000 per hour. Yet, only 54% of SMBs have a business continuity plan. Now is […]
Knowledge Silos: What Are They and How To Avoid Them?
Many companies struggle with sharing data across departments and teams. According to Forbes, around 54% of companies say their customer service operations are siloed. McKinsey & Company reports that only one-fourth of senior executives think their teams are effectively sharing knowledge across the organisation. What exactly is a knowledge silo and why are so many businesses falling short? […]
What Are the Most Important HR Metrics, and What Do They Mean for Your Business?
The success of any organisation is ultimately determined by its employees, which is why HR teams need a dependable way to measure their impacts. The struggle for talent has become a serious challenge that shows little sign of abating. With the Great Resignation in full swing, HR leaders are finding themselves under growing pressure to […]
Essential Collaboration Tools for Startups and Small Businesses
Cloud-based collaboration tools are vital enablers of remote work, and it’s safe to say they’ve redefined the way we work. The best online collaboration software makes it easy for teams to share files, schedule and hold remote meetings, and even co-author documents in real time. For smaller businesses and startups, they also provide the scalability […]
4 Essential Best Practices for Disaster Recovery and Business Continuity
From cyberthreats to natural disasters, today’s businesses must prepare themselves for just about anything. Here are 3 best practices to follow. Business continuity planning and disaster recovery planning are vital strategies for increasing your organisation’s resilience in the face of threats like natural disasters and data breaches. While the two are often lumped together, and both share […]
10 Tools Small Business Owners Can Use to Manage Their Finances
From meticulously tracking expenses to dealing with tax returns, accounting operations are frequently lamented for being tedious, repetitive, and time-consuming. In fact, well over half of small business owners consider bookkeeping alone to be their least favourite task. However, having the right software can make all the difference by automating routine tasks, limiting the risk of […]
7 Non-negotiable Features of Any Effective Business Continuity Plan
No leader wants to think about all the ways in which their businesses might be disrupted but, as the saying goes, failing to plan is akin to planning to fail. Disasters can strike at any moment and without warning, and long-term disruptions can drag on for much longer than anyone may have anticipated. From natural […]