Showing posts with label common. Show all posts
Showing posts with label common. Show all posts
Thursday, February 16, 2017
How To Solve Common Business Problems with Technology
How To Solve Common Business Problems with Technology
How To Solve Common Business Problems with Technology
by: Kramer Kembel
Businesses face many business process problems in today’s enterprises. Technology is a vital piece for every company and can differentiate their business from their competitors. Many companies are making the connection between strong IT investment and improved business performance. According to the 2012 SMB Routes, 85% of small businesses planning to increase their technology investments are more likely to anticipate higher revenue. This can all be related through their specific business process and making the company efficient. Mobile applications, ERP data analytics, cloud storage, mobile security, and web teleconferencing are five technologies that are helping to solve common small-business problems.
Problem 1 – Mobile Applications
Many small businesses face the problem of being away from the office. This makes it very difficult for employees to share data and to be available to customers.
Solution: According to the Mobility Edge Report, about 94% of small business users believe that mobile devices enable them to be more efficient. Smartphone’s and tablets are continuing to grow, which can be used by the employees of the business. There are many applications that can be used, like Tekoa ERP. This app is a mobile sales device that works on any smartphone, which accepts credit cards anywhere with an Internet connection.
Problem 2 – Analytics
Businesses are noticing that social media is where their customers are located. The problem they face is how they know if their marketing is effective.
Solution: A SMB study states that companies who can figure out how to turn data into insights most effectively will achieve a major competitive advantage. Different applications such as Tekoa Data Cache Manager is a specific dashboard that use different services, which enables users to see web traffic next to their own sales figures.
Problem 3 – Cloud Storage
Businesses can have a major lack of resources and time for IT and can cause many problems for small businesses.
Solution: The SMB study said that about 52% of small and medium-sized businesses are using cloud services to outsource their IT tasks. Dropbox and Microsoft OneDrive are applications for sharing documents, photos, and to replicate files on multiple devices and systems.
Problem 4 – Mobile Security
Since many businesses are relying heavily on smartphones, lost and stolen devices are a major security concern.
Solution: The mobile devices need to be secured by using encryption or data wiping methods to prevent thieves from accessing business information. Lookout Mobile Security Premium is the Editor’s Choice for Android security, which enable users to remotely lock, wipe, and locate devices. Apple is also equipped with Find My iPhone, which enables the user to lock, wipe, and locate the device similar to the Android app.
For more information about mobile ready ERP software for todays enterprise, check out www.TekoaERP.com .
For more information about mobile ready ERP software for todays enterprise, check out www.TekoaERP.com .
Available link for download
Monday, February 13, 2017
How To Resolve Common ERP Business Process Problems
How To Resolve Common ERP Business Process Problems
Tips and Tricks for Resolving ERP Business Process Problems
By: SoonKyoo Kwon?
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| www.TekoaERP.com |
Numerous enterprises today suffer from many different business process problems. These problems can be very damaging since they may result in inefficiency, and possibly in loss of some data.
Business Process Problems - "The Frustrating Five"
David Roe, Covers Document Management, Enterprise CMS, GRC, listed 5 main business process problems (issues) and named them "The Frustrating Five." In this blog, I am going to discuss 4 of the 5 major problems that Roe mentions.
Bottlenecks
"Information bottlenecks are still common and result from a lack of consideration of the value of particular information, or content, and its relevancy in the business process." (Roe, 20 II) When enterprises have too many variables in a process, the process tends to have poor quality. As a result, error rates will increase, and customers will experience confusion.
The Paper Trail
"Many enterprises still insist on using paper documents as part of business processes and printing that information out, which leaves in vulnerable to loss, errors or data theft." (Roe, 20 II) With todays advanced technology, enterprises (no matter small or large) are definitely able to store and share data online. Nevertheless, they often choose to keep using paperwork since they have always used paperwork instead of technology. However, by using technology, enterprises can be much more efficient and safe.
Copies
"Many enterprises are still keeping several copies of particular documents, whether those copies are digital, or paper-based, which reduces response times and business process agility." Enterprises think that they need to make several copies of particular documents because they are important. However, we are living in the World of Technology where servers (so that enterprises can just have one copy of each document and share it within the companies) and of course the ERP cloud (so that enterprises can upload one copy of each document and anyone within the companies can share the data) are broadly available.
Preparation
"Many companies are not prepared for the unexpected, which means that when the unexpected happens, companies are not ready to respond and recover without considerable business disruption." (Roe, 2011) This is probably both the easiest and the hardest of the 5 problems to deal with. Preparation can be really hard since no one can know for sure what will happen in the future. However, preparation can also be really easy since all that enterprises have to do in order to be ready for some unexpected events is to make backup files, so that they can respond to the unexpected events and recover without considerable business disruption.
Ways to Resolve Business Process Problems
How To Resolve Bottleneck Problems
To resolve the Bottleneck problems, enterprises should index all information and sort all the data nicely so that they are not putting too much pressure on themselves when they try to get the data they need.
How To Resolve Paper Trail Problems
Honestly, I cannot think of one reason why enterprises should use paperwork instead of technology. With technology available to todays enterprise, enterprises are well over being able to use the accounting software that they need to use in order to save time and decrease their error rates.
How To Resolve Copies Problems
As I mentioned earlier, we have servers and Cloud today. ERP Cloud, especially, is very useful because enterprises can store their data Gust one copy of each document instead of several copies for each document), share their data, and do not have to worry about losing their data.
How To Resolve Preparation Problems
In order to be ready for some unexpected disasters, enterprises can make backup files of information so that their data and records can be restored quickly and without disruption. If some enterprises use the internet to store and share their data, they can make backup files so that they can just replace their lost information with the backup files. If some enterprises use paperwork instead of the internet to store and share their data, they can make some extra copies of their documents and data so that when something unexpected happens they will not lose everything they have.For more information about Tekoa Software and ways to improve business processes at your company through technology automation, visit www.TekoaSoftware.com .
SoonKyoo Kwon is a business and accounting specialist at Whitworth University.
Available link for download
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