Many business owners run one man companies when starting their companies due to low cashflow needed to hire competent staff. Thus business owners find themselves doing marketing, sales, accounting, operations and all other roles needed to make a business functional and end up not doing any of them well. Even when the business grows and can hire staff, the increase in customers and transactions make it necessary to use more productive tools to carry out business activities effectively. Fortunately Technology can help us solve business problems and execute tasks where individual or collective human power alone is ineffective or is just not enough. In this article we will discuss common business activities that can be a lot easier and faster with a little help from digital technology.
- Inventory and order management, accounting, human resources management, sales and marketing, customer relationship management (CRM)
Typically most businesses would need to create separate processes to manage information input and output for these various business activities. If the business chooses to use software for these activities it means buying different types of software for each activity and this might result in task duplication and inaccurate reports because the data or reports have been extracted from different software platforms leading to input and output errors.
ERP is an acronym for Enterprise Resource Planning. At its most basic level, ERP software integrates these various functions into one complete system to streamline processes and information across the entire organization. The central feature of all ERP systems is a shared database that supports multiple functions used by different business le functions used by different business units. In practice, this means that employees in different divisions for example, accounting and sales—can rely on the same information for their specific needs.
ERP software also offers some degree of synchronized reporting and automation. Instead of forcing employees to maintain separate databases and spreadsheets that have to be manually merged to generate reports, some ERP solutions allow staff to pull reports from one system. For instance, with sales orders automatically flowing into the financial system without any manual re-keying, the order management department can process orders more quickly and accurately, and the finance department can close the books faster. Other common ERP features include a portal or dashboard to enable employees to quickly understand the business’ performance on key metrics.
When you add up these advantages, the value of ERP is clear. With an ERP solution, employees have access to accurate information that enables them to make better decisions faster. Not only that, but ERP software helps to eliminate redundant processes and systems, dramatically lowering the cost of doing business overall.
There are many ERP systems varying in cost, access and scalability and Highnet Resources works closely with many ERP providers and can examine your business activities and match them to the right ERP.
2. Internet Use Monitoring Software
In this age of highly addictive social media sites such as Facebook, Instagram, Twitter internet access is subject to abuse by employees. Rather than use internet access to do their assigned tasks, some employees would spend expensive data browsing internet sites that have nothing to do with their assigned jobs. Some even use it for job hunting and business owners are forced to pay for suc unproductive use of official time, Thus, monitoring employees’ use of internet access is a MUST DO task! Many business managers are unable to implement internet use monitoring because they believe the time and expense needed for implementation might be too much.
We have good news for you! Our internet use monitoring tool is an easy-to-use, easy-to-install cloud-based monitoring software that captures real time data of on-site and remote workers’ use of the internet and applications, allowing you better control of employee performance and efficiency. Moreover if your business has sensitive data our software can serve as a security and audit system.
- Improve overall team engagement, productivity and performance
- Save on administrative costs
- Block specific and harmful websites that do not contribute to the benefit of the company
- Send pop-up messages
- Detect insider threats
- Record idle time
- Identify problems and serious internet abusers
- Customize schedule monitoring for remote workers
- Identify highly productive workflows to scale