What is the impact of technology on business management?

Technology is part of our daily lives, both in personal and professional life. We can no longer live without access to the Internet and without a mobile phone, so technology is increasingly playing a prominent role in our routine. In companies this is also true, as in many areas virtually all work revolves around the network. Technology has a significant impact on organizations, enabling them to improve processes and achieve better results. In today’s article, we will see how technology impacts business management!

Cost reduction

More efficient resource management significantly reduces costs. The use of technology is a great ally of good management. For example, software such as Multipeers allows you to follow in real time everything that goes on in the company, giving a global and updated view on each expense and each gain. This way, you can make immediate and conscious decisions that will benefit the business. This continuous monitoring allows us to guide the company’s investments, avoiding unnecessary losses. Also the use of cloud solutions allows to reduce equipment maintenance costs.

Better communication with stakeholders

Technology has a strong impact on the relationship with the various audiences with which the company communicates. Today, in addition to conventional means of communication such as telephone and email, companies can and should communicate with their audiences through social networks and Whatsapp. Using chatbots enables faster response to customers and this is a great competitive advantage in today’s business world as consumers are increasingly demanding to meet their needs.

Greater control over operations and processes

Automating a company’s procurement processes through technology ensures that all actions taken comply with established standards. All actions made related to purchases must be introduced in digital environment so that you can consult your history whenever there is a need to know what happened with a particular purchase. By 2020, RPA is expected to have an increasing presence in companies, allowing them to automate such processes and eliminate red tape and the likelihood of making mistakes.

Optimization of work meetings

Meetings are often longer than what was needed, which wastes a lot of time. Fortunately, there is software that allows you to plan meetings so that they do not last longer than strictly necessary. Similarly, meetings can be held via Skype and other similar programs, which eliminates the need for everyone to be physically present, reducing travel expenses.

How to make the right decisions in my company?

The life of a company manager is full of challenges, contingencies and responsibilities. Errors are not well accepted and each one of them has important consequences for the operation of the business. The success of the company depends on the numerous decisions that must be taken daily. Making assertive strategic decisions today has become a major differentiator and increases competitiveness and chances of success. It is no longer acceptable to rely solely on the “feeling” of the manager. But faced with so many difficulties, how to make the right decisions for the company? It certainly is with a lot of planning and with the use of tools that provide reliable information for the business. That way you minimize the chances of making mistakes. Accurate and up-to-date data are needed to make clear analyzes of the sociopolitical scenario, growth rates, competition, and many other items that have major impacts on the decision.

Identify the problem

One of the biggest mistakes of managers who make wrong decisions is the lack of knowledge and investigation of the situation altogether. Without this care, the decision taken may not be the most appropriate, leading to even more problems or new errors. It is important to devote a little time and effort to understand the starting point of the problem and to seek alternatives that can solve it. Often the question presented is only the consequence that another situation which, if not resolved, will continue to generate losses.

Have good performance indicators

The indicators show what is working or not at the company. It is imperative that you be able to rely on the figures presented and that they be updated. It is also important to choose those that are important to your business, as there are many indicators, but not all will demonstrate data relevant to your business. To make this information effective, you must rely on the technology and use data capture software to ensure the agility and accuracy of the information. They have business intelligence capabilities to “pan” the information relevant to your business and present it in a user-friendly manner, making it easier to interpret.

Use a business management system

With more of this technology help you simplify the registration and data organization process. The online ERP system gathers all the information recorded and allows the manager to generate personalized reports, in real time, as well as projections such as cash flow. With these data the analysis of possible scenarios becomes much easier and this helps in making decisions. Having accurate data without the risk of human failure allows a clear view of what your business needs. For example, by having stock control software you gain time in managing your inventory and accuracy of information.

Create efficient planning

For more complex, and especially long-term, decisions, you need to carefully plan each step to be taken considering all the pros and cons of each situation. A very efficient technique is the 5W2H tool, an acronym of 7 questions, in English, that serve as a basis for developing good strategic planning.

  • What (what will be done?)
  • Why (why will it be done?)
  • Where (where will it be done?)
  • When?
  • Who (who will be made?)
  • How (how will it be done?)
  • How much will it cost?

Count on your work team

For some decisions, especially those involving work processes and creativity, it is very important to involve your team of employees. Hold a brainstorming meeting, and ask your employees to think outside the box, finding creative and workable solutions to the problems encountered.

Follow the processes

Once you have made the decision to be made, and have defined the actions that need to be done, you must continue to follow the processes to make sure that everything is going as it should be. To this end, reliable performance indicators continue to be of great importance in ensuring that analyzes are faithful to events. If it is necessary to appoint another person to be responsible for the conduct of what has been planned, make sure that it is reliable, and still be aware of what is happening. Remember that you are responsible for making decisions and will be charged, sooner or later, for them. With these tips you will certainly be able to make important decisions for your company more quickly and objectively, and you will be assured that the choice will be the best for your business.

Guestpost by GestãoClick

The main advantages of centralizing access to information

Technology has changed the way we live and how we work. In an increasingly technological and digital era, companies need to focus on increasing their competitiveness and productivity. In the past, company information was contained in paper documents, often disorganized. With the advent of technology, Excel files have brought greater organization to companies, but quickly became obsolete as business began to have larger and more sophisticated requirements. Nowadays, companies prefer software that allows them to centralize all the information of the business in a single platform, as is the case of Multipeers. It is critical that companies know how to make the most of these tools, as this has many benefits. The integration of business information is a necessity and a reality so that you have a 360 view of everything that happens. In today’s article, we talk about the main advantages of centralizing access to information!

More organisation

When all the information of a company is centralized in a single point, everything becomes more organized. If everything works correctly, there will not be lost or forgotten information anywhere in the company and it is possible to maintain order of information in a practical way. It is important to organize all the information that already exists and also create rules for the input of new data. Where new information exists, it must be categorized and organized, which will contribute to the structuring of the data. All this makes it easier to find any necessary information, as well as ensuring greater data security.

Greater integration of departments

Internal communication is a very important area in companies, but unfortunately it is one of the most underestimated. The departments of a company need each other to function properly, so it is essential to establish a relationship between them consistently. The big problem so far was that each department had its own “language” and way of organizing the information and this made the other departments unable to fully understand what was happening in each sector. With the centralization of information it is possible to unify the communication and favor the relationship between different departments. By using a single platform and creating rules for entering and categorizing new data, you can communicate more clearly.

Easy information consultation

The information provided by BAM tools comes in a consolidated way so that your query is easier and faster. You can choose to get the information through bar charts, multi-series charts, meters, among many other options. The information can be displayed using the most appropriate presentation, improving the analysis that the user can make of each indicator. In addition, each indicator is fully customizable according to business needs. When using the desktop, in the case of Multipeers, you can also use the ticker tool, which allows you to divulge external or internal news, messages and alerts, thus allowing all employees to be aware of what is important in the organization, which means that everyone is able to contribute to effective decision-making.

Reduction of the probability of human error

Manual processes are more susceptible to errors than automated processes. By using a BAM tool it is possible to free collaborators for other tasks and will be able to automate the most repetitive and annoying tasks. This ensures that there is no need to constantly update data and consult reports. Everything is previously defined by you and nothing will fail. The more steps you automate the more time you will have to focus on other important things to improve the business.

Possibility to analyze the business in real time

Knowing what is happening in real time in each department of the organization is crucial so that you can make effective and conscious decisions. Softwares like Multipeers allow you to analyze all the information of your business, from the most diverse sources of data, in a single dashboard, in a simple and interactive way. Having all the business information in one place allows you to make better time management and make the right decisions for the future of your company.

 

Having a broader view is key to being able to keep up with the business and make the right decisions. In today’s hectic business day-to-day and with the ever-increasing demands of consumers, knowing the market is a must-have weapon to win. Download our business monitoring e-book and learn how a BAM system can help your business grow steadily!

5 reasons to implement real-time monitoring in your business

Business is happening at a very fast pace today, which forces managers to monitor in real time everything that happens in companies. Nowadays, it is no longer advisable to only analyze reports with a few days: the market demands that you be always aware of what happens in your business. In today’s article, we’ll give you 5 reasons to implement real-time business monitoring!

More efficient decisions

If you know exactly what is going on in your business, it will be easier to make the right decision. Analyzing your business in real time will give you all the inputs you need so that you can consciously decide on the best course to take. The reports with a few days present outdated information, which doesn’t correspond to the actual state of the company at that time. Therefore, often the decisions made are incompatible and don’t benefit the business. Monitoring the business in real time will change this scenario as it will have reliable information in your hand!

Identification of business opportunities

With real-time business monitoring you can identify opportunities at the moment they appear, allowing you to stay one step ahead of the competition. A fluctuation in demand for a product, for example, could lead you to launch a specific campaign, increasing sales and improving company results.

Possibility of alerts

Business monitoring software like Multipeers allows you to set up business alerts whenever there is a deviation from what is considered normal within your company. Wherever you are, you will be notified by SMS or email about any changes and you can act immediately, even before there is damage to the organization.

Better People Management

Real-time information on human resources can be a great competitive advantage for companies that want to adapt to change faster. The monitoring systems provide immediate data on the distribution of employees in different sectors of the company, as well as updated information on their availability. Thus, it becomes easier to manage teams and optimize the work of employees, increasing the collective income.

Connection to all data sources

Real-time business monitoring software such as Multipeers interact directly with all your data sources such as databases, web services, MDX, Microsoft Excel, RSS feeds, multimedia content, e-mail, applications, among others. You can even build your own connectors using the provided API so that no information from your organization is lost. So, in a single dashboard you will find complete and up-to-date information on everything that goes on in the company!

 

Analyzing data in real time is increasingly a reality in companies around the world. Business happens at a very fast pace and it is essential that you know what is happening in your company to make the most appropriate decisions for your business. Download our e-book and learn how a BAM tool can help you manage!

Find the 7 Deadly Sins of the Digital Age

Digital transformation is one of the themes of the moment and it is impossible for a company to go alongside this revolution. Companies are continually looking for digital solutions that facilitate their business processes and that are capable of responding to all their needs. However, it is not always easy to adapt a company’s work to a digital reality and there are many errors that complicate business performance. In today’s article, let’s talk about the 7 deadly sins of the digital age and give tips to avoid in your business!

Don’t plan the implementation of technologies

Before starting to implement a digital strategy it is essential to assess the needs of the company and the main objectives that the company intends to achieve with the change. Digital transformation is not the cure for all business problems, but if implemented correctly it will help improve performance and increase success. Often companies make the mistake of adopting all the technologies they find without effectively planning the digital path they want to go through.

Complicate all processes

Most companies complicate the way they work. The digital transformation brings with it the agile methodology, which intends to increase the quality of service to the Customer. The chosen software should be intuitive and fairly easy to update, so that users can use it without having to resort to specialized technicians. When choosing software, effectiveness and simplicity should be the most important factors to consider.

Don’t involve all employees

Often, employees resist change and this is because they feel they are not involved in the whole process of digital transformation. It is important to show the whole team the advantages of change, especially advantages directly related to the work of each one. Communication is essential if digital transformation is well implemented.

Don’t integrate digital transformation into global strategy

This transformation should be part of the company‘s overall strategy, because only then it will succeed. It is essential to know where the company intends to go, design a transformation process and integrate that plan into the company’s overall strategy. Teams should work together towards modernizing processes

Don’t rely on the CEO’s support

It is important to have the support of the leadership and their commitment to the implementation of the digital strategy. Leadership must be committed to increasing the knowledge of its employees and actively participating in the dissemination of the new culture. It is only through good examples that employees will feel committed and willing to adopt a new philosophy of work.

Don’t equip the team with new skills

Digital transformation has brought the need to train employees to new skills. It is very important that teams are formed for this new way of working because otherwise they will feel frustrated that they are not able to embrace the new challenges of the industry.

Don’t elect a responsible person for the transformation

The responsible person for digital transformation must work towards implementing this new philosophy of work in a continuous and consistent manner. Although this process is common to the entire organization, it is important that there is a person responsible for digital transformation that coordinates all activities and involves all people.

Find how to choose the best management system for your company

A management software is an important work tool and is a great ally of the productivity and competitiveness of any organization. Choosing the best software is not an easy task as it is not enough to go for the most popular choice on the market. It is essential that the software is the right for your business and it is not always easy to figure out which one will be the best choice. In today’s article, we leave you some important tips for choosing the best management system for your company.

Initial Evaluation

Before leaving for the market, it is advisable to do the homework. Determine the company’s software needs and take into account the opinions of many employees, especially those who will handle the software on a daily basis. Only after you are aware of what you really need you will be prepared to choose the best solution.

Prefer an easy implementation

Software that is very complicated to deploy and which takes a long time to install will not be intuitive and easy to use. Your main objective is to find a software that facilitates your daily work, so avoid the very complex software, because these require a lot of training time for the employees and this damages the collective income.

Be careful about safety

A management software will know everything about your business. The confidential information will be placed there, so it is mandatory to choose software that guarantees the protection and security of your information. If you choose Software as a Service (SaaS), you should carefully review the vendor’s backup policy and if you choose a product installed on a local server, you will need a team that will frequently monitor the security of the information.

Integration

It is fundamental that you choose a software that can be integrated with several applications because in this way you will get a global and integrated view of everything that goes on in the business. The software is transversal to the entire company, so it is fundamental that it can encompass all areas of the activity.

Choose a mobile version

The World is increasingly mobile and in companies this reality is no different. Everywhere, we can check emails and even attend meetings with people on the other side of the World. Before purchasing the software, check that there is a good mobile version.

It is essential to have a good software to ensure that your business will succeed. It is advisable to connect your software to a business monitoring system such as Multipeers, because in this way you will be able to analyze the business in real time and receive specific alerts whenever any situation requires your attention and intervention!

5 Movies with management and leadership lessons

The best films with leadership lessons

Even lazy times are good to learn and even when we are watching a movie, we can draw important lessons that will be useful in our day to day work. There are several movies that convey leadership and management lessons and in this article we present you the 5 movies that all business managers should see!

The Social Network

Who doesn’t know Facebook? This movie shows us the process of creating the largest social media in the World. The Social Network is a real story that tells us the friction between Mark Zuckerberg and Eduardo Saverin, the two founders of Facebook. In the film, the two friends are in conflict until Mark decreases Eduardo’s shareholding and Eduardo processes it, giving rise to a battle in law court.

Lesson to be retained: To manage a company efficiently it is essential to relate well to your colleagues and collaborators. You cannot let personal friction interfere with the work relationship, and you must always remember that focus must be on business goals and not individual goals.

The devil Wears Prada

In this film, Runway Magazine is directed by the hand of Miranda Priestley – the most powerful woman in the fashion world. “Runway” is a daunting challenge for anyone who wants to get into this industry. To make “Runway” the New York Bible and even the World, Miranda saves nothing or anyone and it is difficult for someone to survive in this job! Thus, the task as assistant to Miranda could open the doors to the newly formed Andy Sachs. Although Andy is the wrong person for the job, because she knows nothing about brands or the fashion world, but she will demonstrate something that others do not have: she has determination and refusal to fail!

Lesson to be retained: Your employees are counting on you and waiting for you to give them the knowledge they need to carry out their duties. In crisis situations, seek to guide your team by showing them the importance of the work they do for the success of the company.

The internship

This movie tells the story of two salespeople who start working as trainees on Google. To secure the place, they need to enter a competition with other candidates. In the beginning, they encounter difficulties due to the great difference of ages and knowledge between them and the new generation. However, in the end they can learn from the younger and younger learn from them.

Lesson to be retained: value your team’s knowledge. Despite the management position you occupy, you must take into account that everyone has something to teach and that you can learn a lot from your employees. Encourage the sharing of ideas and knowledge among employees, as they will feel more motivated to evolve and work better.

Moneyball

This is a film based on the true story of Billy Beane, adapted from the book by Michael Lewis. The author reports how Beane managed to take the modest Oakland Athletics team to an elite team of American baseball.

Lesson to be retained: correct the mistakes of your employees and maximize the potential of each one of them to get the most out of your team. Ask the right questions and motivate your employees to do their best on every task they perform.

The Imitation Game

This is a movie based on real facts that tells us the story of Alan Turing, a mathematician with an above average intelligence, who is quite antisocial. The film takes place during World War II. At the time, the British government hired a team that aimed to decode a famous code used by the Germans to convey their messages of war.

Lesson to be retained: working as a team is essential and not giving up in the face of adversity is the most important message that you should convey to your employees. The movie also shows us the importance of using data processing systems.

The impact of automation on day-to-day business

Learn how automation affects business

Automation is very important for companies today and the more automatic the processes the smaller will be the possibility of making mistakes and the greater the professionalism of the company. In this article we will cover the key aspects of the impact of automation on day-to-day business!

Higher profit

The right partnership between man and the machine allows for a greater income in the day-to-day. It also allows the elimination of excess labor costs, since it is easy to optimize the work of the employees.

Lower margin of error

The probability of making mistakes decreases dramatically when processes are automated. The procedures are known by the employee and it turns out to be easier for him to perform his job correctly.

Decrease in production costs

Automation generates a lot of savings because eliminates errors, reduces the time to perform tasks and reduces the need for a large number of employees to perform the same function. Correct automation allows for easy identification of inefficiency points and delays, which can be corrected immediately.

Reduction of working time

The time required to carry out the tasks substantially diminishes, as well as the need to carry out purely bureaucratic and boring activities. In this way, employees can focus only on their real tasks.

Effective control of operations

Automating the purchasing processes of a company ensures that all actions taken are in compliance with established standards. All actions related to purchases must be introduced in a digital environment so that it is possible to consult your history whenever there is a need to know what happened with a particular purchase.

Management in real time

Softwares like Multipeers allow real-time business management. Through the consolidated information in a simple and interactive dashboard, you can create reports quickly and efficiently without spending much time analyzing data.

Automating a business is essential to succeed in today’s competitive world. Consumers are becoming more informed and demanding and it is necessary to keep pace with their needs in order to win the competition. Management software is an important alliance of automation and its correct application brings all the benefits presented in this article!

Learn about the advantages of a BAM system and find how you can get the most out of this tool!

Find the benefits of doing the integrated management of your company

Managing a business is not easy. There are many influencing variables and without good control over all of them it is difficult to find good solutions. And having control of everything that goes on inside your company has already been extremely impractical. Nowadays, there are good solutions that allow this type of analysis and thus guarantee that you can make the best decisions according to your needs for your day-to-day life. The best solution is to make an integrated management of your company, interconnecting the most varied information routinely and ensuring agility when making decisions and follow up. Although it may seem complex, an ERP may be all you ever needed.

What is an ERP (Integrated Management System)?

An online ERP system is nothing more than a software that is responsible for organizing many different activities of a company, facilitating access and monitoring by every manager anywhere and in real time. And this type of software is not only limited to the process of receiving the data, but also presents analyzes and reports of great importance for a manager of any type of company. It is, without doubt, an essential tool for organizational control and analysis. It is possible to carry out customer registration, financial control, stock control, electronic invoices issuing among other functionalities.

The benefits of doing the integrated management of your company

There are several reasons for you to seriously consider using an integrated management system to increase the efficiency of your business. More than a simple system, this tool is a great revolution in information management. And all this begins in the sense of centralizing everything in one place. The most common is to find companies that present different programs for each activity. That is, software for logistical control, another program for accounts payable, a third for control of human resources area and so on.The problem with this type of operation is precisely the difficulty in obtaining  analyzes and reports since everything that is registered is spread in different programs. With this unification is obligatorily done by a person – which not only makes the process slower, but also increases the possibility of errors. An ERP eliminates this problem.

The company in your hands

This centralization of information is especially important for the manager who identifies problems in the organizational routine. It is common to find cases where errors occur due to errors in the information control model (often performed in manual spreadsheets). This is the case, for example, of payments. How many companies do not lose money simply because of a lack of organization or because they don’t realize that they will not have enough resources to pay them off? With an ERP everything becomes easier since control of everything will be in the palm of your hand.
For the manager the best is the real-time monitoring of everything that is released in the system (and in this case you can connect your ERP with Multipeers). So when you know that something needs to be paid in a day and you don’t find the launch, you can already charge the industry responsible and mitigating any mistakes that may happen. And it is not only internally that an integrated management system guarantees good results, but also on sales. This is because the control is also done in real time, including customer registration – allowing monitoring not only of results, but also of loyalty and satisfaction. The system also allows all sales processes to be done in a simplified way – from the initial budget, through the relationship and in charge of issuing the invoice.

Enjoy the gains of making your company’s integrated management

Anyway, there are numerous reasons to use an ERP in your company. Control, processes, information management … All this comes in a way that facilitates the life of managers independent of their field of activity. It’s not just software: it’s a complete evolution of your company.
If you want to know more about how a business management software works and how it can increase the results and productivity of your company, talk to us!

 

An article by: https://gestaoclick.com.br/

ERP and CRM: everything you need to know about these concepts

Technology has changed the way we view business and how we work. There are several solutions that help us in our day-to-day business, automating processes and facilitating the consultation of information. ERP and CRM are two concepts present in many companies, but there are many people who still confuse the two themes. In this article, we will show you everything you need to know about ERP and CRM!

ERP: definition

ERP means Enterprise Resource Planning. It emerged in the late 50’s, when people began to combine management with technology. Initially, its purpose was to optimize the time spent on manual tasks, but today this resource is capable of integrating all the information and processes of an organization in one place.

The mission of this tool is to group all departments of the company, providing better communication, through a continuous flow of information. This factor proves to be of great utility because the processes of a company depend on each other and a failure of communication or loss of transmission of the data can mean great losses of productivity and profit.

ERP is the most basic software of a company and guarantees the financial control of the organization. ERP allows you to stop using dozens of isolated software and ensures greater control over everything that goes on in a company.

CRM: definition

CRM is the acronym for Customer Relationship Management and is used by thousands of companies to manage their relationship with current and potential customers. This software aims to protect the business information of a company. At the same time, a CRM helps to identify the best actions and the best time to contact the customer, in order to boost the sale. Likewise, it allows you to evaluate objectives and evaluate the sales team.

In summary, we can say that ERP helps to:

– Reduce IT costs, human resources and productivity losses;
– Reduce delivery times, as it boosts productivity;
– Facilitate the management of stocks and the purchase and sale of goods;
– Improve tax management.

Briefly, we can say that CRM helps to:

–  Reduce paper costs;
– Reduce time in the search for information and documents;
– Facilitate the formation of teams through software;
–  Increase sales because you can devote more time to sales and set aside more administrative tasks.

 

Multipeers is a BAM system that allows connection to the various software in a company, facilitating the exchange of information between them and allowing a fast and efficient decision making.

Learn how a BAM system can help your business to grow!