5 Key Digital Improvements for Your Company
By Katie Conroy
You’re satisfied with your company’s performance so far, but you’re wondering how you can optimize your processes, automate time-consuming tasks, and increase your overall productivity to boost your revenue in the long run. Digital improvements are essential for business growth – for example, tools like the MagicPay system can process payments quickly and securely. Here are a few other suggestions for digital tools and systems that can revolutionize the way you do business.
Payment Processing Tools
If you run a brick-and-mortar business, you may want to upgrade the hardware for your payment processing system. With a system that efficiently handles payments from credit cards, debit cards, cash, and gift cards, you can speed up transactions.
What if you run your business online and need a program that facilitates e-commerce transactions? You’ll want to use API products, which will allow you to keep transactions secure while accessing your customers’ data responsibly for funding and reporting purposes. A Balance API specifically provides a private connection for linking bank accounts or debt information without potentially exposing your customers to cyberattacks or identity theft.
Time Management Applications
Are you worried that you and your team are wasting time? Today, it’s tough to avoid distractions in the workplace, whether you’re at an office or working remotely. To remedy this issue, you may want to invest in time-tracking software or a website blocking tool for your entire company. Your team will be able to see how much time each task really takes them, and they’ll also be able to stay away from distracting websites and apps when they need to focus.
Digital Marketing Analytics
The shift towards conducting business online has completely changed marketing for good – and this benefits business owners greatly. With digital marketing, you can collect data that you simply have no way to gather with print marketing. For example, you can view vital statistics on social media marketing campaigns on different platforms, or use customer relationship management software to keep track of your leads. You can also track valuable details on your email newsletter subscriber list.
Going Paperless
Perhaps your company is shifting to primarily remote operations, and you know that you’ll be relying less on physical documents moving forward. Or maybe your office is simply getting too cluttered, and you want to create some more space for your team. Either way, going paperless and transitioning to a digital file storage system could be the solution. If you’re interested in switching to a paperless system, Constellation recommends using a cloud-based file storage program. That way, you’ll be able to set appropriate access to different documents, keep files organized in categories, and allow anyone on your team to download the files they need, no matter where they are in the world.
Virtual Whiteboard
Do you ever feel like it’s harder to collaborate virtually? With a digital whiteboard, you can eliminate this issue. Advanced Business Equipment states that a digital whiteboard allows your team to share and edit files in real-time, annotate documents, draw out ideas, and highlight key information. This allows your entire team to engage in hands-on cooperation, even when they are thousands of miles apart. It also makes it much easier to convey important concepts with text and visual aids.
Experimenting with digital solutions for your company can drive positive change. You might find that you don’t have to handle certain processes manually, or that you can use data you’ve gathered digitally to enhance your business strategy. It’s worth exploring new forms of digital innovation to see how they could change your business for the better!
Do you need a new payment processing system for your business? MagicPay could be the solution! Browse our selection of products on our website today.
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