Out with the old, in with the new?
Outdated technologies are used continuously by many businesses don’t meet the need of today’s digital economy. Although there are far more efficient methods to report, track and plan, but about 55% business still use fax machines, 56% use flash drives, and 83% rely on spreadsheets. 68% of businesses that use spreadsheets use them for accounting purposes, 56% use them for office management, and 49% use them for financial planning. This may be considered as an alarm as spreadsheets require manual input, a substantial time investment as well as scrupulous accuracy. Besides habits, there is no reason to use them continuously because new technological tools which can reduce errors and can mostly enter data automatically.
Evolve or fall behind
Businesses should look into the future, consider the time and money will be saved in the long-run once adopting the right tools, or else they will be outrun by other competitors. As an inefficient process won’t be able to let a business serve its customers properly as well as pursue new prospects. It’s a good sight that more and more businesses are running their businesses on their smartphones. However, this indicates that there are still those who don’t regard digital dive as important as it should be.
Business in the cloud
Rather than just relying on hardware, many businesses are increasing the use of cloud technology in order to access anywhere and anytime. About 70% of business has already used the cloud. And 70% of them believed that it saves their time, 52% said that it can cut down the cost, and 49% said it helps enhance efficiency. Indeed, 48% of them said it already reduces more than 10 hours a week for their businesses, that means more than a full business day saved.
At Black Arrow, we implement and encourage our clients to utilise the latest technologies available to help them cut down on time-consuming tasks so they can focus on earning more Let us know if you need any help 🙂
