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Starting a new business but do not know which tools to use and where to look? We feel you.
Operating your business without skilled employees is challenging, but doing it without the right software only adds to the challenge. Like your employees, the tools mentioned in this article will help your business operation run easier and ensure its smooth functioning.
Take a look.
A Tool for Reading Chip Cards & Mobile Payments
Is your point of sale (POS) system on point? Are you able to use mobile payments such as Apple Pay or Android Pay with your POS system? If you answered no, then it is time to make changes.
Chip cards are becoming increasingly popular, and if your business isn’t using them, you might be missing out on a lot. Mobile payments are the fastest, most convenient, and safest way to pay. Your customers will demand nothing less.
A POS provides a convenient checkout experience and uses secure payment technology for chip and contactless payments. It can be equipped with additional features to facilitate smooth checkouts, such as the ability for customers to save their payment information.
A Tool to Send Scheduled Bulk Emails
You will no doubt need a better marketing strategy as your customer base grows. This is where email marketing software can come in handy. It allows you to segment your audience and laser-target campaigns, making it one of the best ways to market your company online.
This tool also allows you to segment your customer base into loyal, regular, or lapsed customers. It will allow you to target customers quickly with the right messaging (e.g., a flash sale or a VIP invitation).
A Tool to Hook Your Customers
You have a wide customer base. Now it’s up to you to keep them coming back. It’s easy to create a digital loyalty program or reward program using relevant software to keep them coming back, especially if your goal is to attract more customers between 18 and 35. In fact, 68% of millennials stated that they would change stores if they received better rewards.
Software to Manage Employees
It’s a lot of work to manage a growing team of employees. The training (mentoring and motivating them) and the logistics (things like scheduling and timesheet approvals) are involved.
The only way to stay sane while managing your large team is to use good employee management software. Among many other functions, it can help you to:
- Schedule and interact with your employees
- Track employee hours
- Approve PTO
- Manage timesheets and overtime
Software to Keep the Accounts
The “business” part of owning a company is probably the most challenging aspect of your job. A good accounting software has many tools that you can use to help you manage everything from accounting and billing to sales tax compliance as your business grows.
Tools to Manage Payroll
Although payroll management can be time-consuming and requires repetitive and manual work, it can be accomplished more quickly, easily, and accurately with the right tools.
These tools can be used for project hours and career development and help to centralize and manage employee absences and expenses. This digital solution automates activities and processes and provides holistic dashboards and analysis instead of manually monitoring activities and processes.
The system allows employees to request time off and allows them to track their expenses. Such tools also allow employees and HR to save time by not filling out spreadsheets or tables. This allows them more time for strategic, high-value tasks.
Final Word
It can be a challenge to operate a business without the right tools. The ones mentioned above use the latest in cutting-edge technologies like predictive data, machine learning, and artificial intelligence (AI) to help effectively meet your business goals.
Finally, data science also plays a key role in helping your business understand and analyze the complex data it is often confronted with and make better decisions. If your business relies on the utilization of complex data, as many businesses do, consider connecting with a proven data science company to leverage the data science services they provide to achieve sustainable growth.
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This content is brought to you by Hubert Dwight
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