5 Ideas to Give Your Startup a Tech Boost

When faced with a productivity problem, instead of having to expand your workforce, try to come up with a less-risky solution. After all, a workload increase might be just a fluke, which means that hiring more people might not work out for you in the long run. Furthermore, you might be surprised just how many aspects of your business could use a bit of improvement. That being said, here are five ideas you can turn to in order to give your startup an immediate tech boost.

Automated finances

The first thing you can do to introduce your business into the 21st century is automating your financial processes. Namely, you can start by paying your bills online. An average business spends about $12 on paying a single bill, whereas, if done electronically, this can be reduced to as little as $1,5. Apart from saving you a small fortune over the course of years, automating your finances like this will also save you a lot of time.

Apart from this, you might want to automate your payment collecting system which will make it much easier for you (or your accountant) to make financial estimates and projections. A lot of people downplay the importance of doing this in digital form. However, it gives you a greater overview of your company’s incomes and outcomes. In other words, if there is any foul-play in your company or an irregularity of any kind, it will be much easier to notice it. That is to say that, as long as everything is running smoothly, handling your finances will take a lot less effort.

Digital marketing

The next aspect of your business that is in desperate need of digitalization is your marketing. First of all, digitizing your marketing is nowhere near as difficult as you might have assumed. Sure, SEO, PPC marketing and Facebook advertising may require a bit more finesse and expertise, but you can easily establish your social media presence, reach out to influencers and start blogging on your own. In fact, businesses on a budget have so many free tools and resources available, that it becomes plain reckless not to use them to your benefit.

The greatest advantage, however, lies in the availability of reliable learning materials. Never before was it so easy to acquire a skill, whether through independent internet research or by taking an online course. All in all, improving your digital marketing is definitely a tech boost that your company needs and stands to benefit from greatly.

Proper office hardware

In previous two sections, we went to lengths to discuss the way in which your company can benefit from various tech trends. However, the way in which these platforms run and perform greatly depends on your hardware. While renting out office hardware may seem like a growing trend, it is still more reliable to simply purchase your own equipment.

Keep in mind that different laptops have different keyboard sensitivity, screen size and other similar properties, which is why you want to appease the majority by getting their preferred brand. For instance, you can get Lenovo X1 laptop for those staff members who need high-end machines.  

Customer service

When it comes to the general user experience (UX), there’s nothing more important than customer service. This, however, is a double-edged sword. Sure, showing professionalism can do wonders for the overall brand loyalty and help your audience pay more attention to you as a business. Apart from this, it can also make a massive improvement in your damage-control efforts (a sizeable PR boost). However, its absence can harm your brand in more ways than you can imagine.

There are two tech-savvy solutions to this problem. The first one, that is much more popular, is the idea of outsourcing your customer service to countries such as India that particularly specialize in this area. The second, more cost-effective option, is to look into chatbots. Throughout the years, these chatbots have grown much more reliable and sophisticated. Moreover, they respond instantly, which is always a huge plus.

Collaboration

At the end of the day, by properly utilizing the trend of telecommuting, you can expand your talent pool and run a more frugal business. First of all, you won’t have to pay for travel expenses (which also reduces the carbon footprint of your company). Second, you won’t have to lease a bigger office, seeing as how a significant part of your workforce will be operating from their own homes. All in all, hiring remote workers and freelancers is much easier if done through specialized platforms. Also, collaboration tools will help you coordinate these teams when working on massive projects.

Conclusion

One of the first things that you might have noticed is the fact that there is a tech solution for virtually any potential problem your company might be faced with. However, whether or not you manage to embrace and enforce it in your office depends exclusively on your own managerial skills, as well as how tech savvy you are. Nevertheless, even if you don’t intend to use most of these trends, just knowing they’re available can be quite reassuring.

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