Businesses are always looking for ways to create a more efficient workforce, have better productivity and come up with more innovation. For businesses to have this, technological integration has helped and is going to help more of this in the future. Fluid and complex roles with increasing workloads have meant that both employees and employers are looking for ways to smoothen the process using technology.
One of the first pioneering technologies was the conveyor belt introduced by Henry Ford for mass-producing the Ford Model T cars, where there was more productivity, better specialization, and easier employee integration.
Some might have an opinion that technology would decrease productivity rather than doing the opposite; the fact that should be considered is using the correct and judicious methods of technology. Several technologies have contributed to and will keep contributing in the future towards better workplace productivity.
Enterprise Resource Planning
Real-time integrated management solutions are mediated by software and technology that can be used by an organization to collect, manage, store and interpret the data. Although ERP systems can be local-based, cloud-based systems are growing in prominence. These systems work using database management systems that track business resources and the status of the business commitments while sharing and facilitating this information to different departments and outside stakeholders.
Source: Enterprise resource planning
Artificial Intelligence
AI has taken hold in almost every field today. Constant evolution, complex customers, and greater data availability mean businesses cannot rely just on traditional methods for driving growth. AI in business helps in increasing efficiency, productivity, and in turn revenue. AI chat-bots make sure your customer interactions do not always need a human behind them.
AI is also used for deriving business intelligence to get better business insights and make analyses based on it. It also benefits with automation, better-targeted marketing, and reaching and avoiding frauds among other things.
Business Process Automation
BPA helps streamline a business to achieve digital transformation, improve service quality and delivery, and contain costs while achieving business simplicity. It can be implemented in different business areas like marketing, workflow, and sales. The interface is also simplified so that even non-technical staff can also use it. The main advantage of this is the speed of deployment.
Container as a Service
Cloud-based services are in prominence now. CaaS is another cloud service that allows IT departments and software developers to upload, organize, scale, run, manage and stop containers using container-based visualization. A container is a software package meant to run on host systems and CaaS enables teams to deploy and scale them according to their infrastructure and usage rapidly. The benefits of using this are that it is easier to set up the containers, users only have to pay for the resources they use, and the environment is secure, stable, and responsive.
Tech’s potential is not limited to increasing workplace productivity. Tools like Motivosity help the employees have a better understanding of the people around them and help them with engagement. Building social connections across the organization would mean that tight-knit employees would contribute more. Similarly Slack offers tools for team collaboration and third-party integration. When organizations had to switch to remote working, tools and sites like Zoom came to their rescue with their video-conferencing platform which also provides screen sharing and recording.
Technology has given businesses easier and better ways to expand and integrate global operations. Salt.Pe enables businesses with a one-stop portal to manage their global currency accounts, payments, collections, and expenses. It aims to provide a seamless experience for everyone in the financial department by taking care of all business jargon and complex codes while you can relax.
In other words, Salt delivers a neo-banking experience by blurring global boundaries with its unique products offerings. Efficient multi-currency support at Salt simplifies foreign exchange management tasks and automatically tracks any forex fluctuations, allowing finance teams to focus on more value-added tasks and assisting small businesses to ease their work on global business operations.
