In this article, I am sharing a few tools that can be used to enhance your business with technology enhancement:
1. Accounting & Finance
Accounting Software describes a type of application software that records and processes accounting transactions with functional modules such as accounts payable, accounts receivable, payroll and trial balance. It functions as an accounting system.
Suggested Tool(s): Freshbooks, Quickbooks Pro, Wave Accounting, Expensify etc.
2. Human Resources
The personnel of a business or organization, regarded as a significant asset in terms of skills and abilities are human resources. Every employee counts in a small business. Thus companies need an easy way to post across every job board online and to organize applicants. Employee recruitment tools make this possible.
Suggested Tool(s): ZipRecruiter, Intelius, Indeed, LinkedIn Jobs.
3. Customer Relationship Management
CRM Software is a software category of software that covers a broad set of applications and software designed to help businesses manage customer data and customer interaction, access business information, automate sales, marketing & customer support and also manage employee vendor and partner relationship. Typically, CRM Software is used in the enterprise, however many products scale to a business of any size.
Suggested Tool(s): Salesforce.com
4. Database Management Software
Data management software (DMS) is software that takes in data and converts various kinds of data into a single storage container or aggregates diverse data into a consistent resource, such as a database. With a rise in technology, various software is available to manage data.
Suggested Tool(s): FileMaker Pro
5. Email Marketing Tool
Email Marketing is directly sending a commercial message, typically to a group of people, using email. Basically, it is used for marketing via the internet. It is most cost-effective and is generally used by small business companies.
Suggested Tool(s): MailChimp, ConstantContact, Sales-push etc.
6. Sales Tool
A competitor analysis tool can help in analyzing the progress of sales with respect to the competitor. There is now no shortage of the competitor tools analysis on the market. You just need to decide which part of your competitors business you want to spy on.
Suggested Tool(s): Compete, SEMrush
7. Website Tool
A website is like a home to the business which describes universally what and how is the business for. Creating a website of your company is another important task for an entrepreneur. But thanks to various software tools which has made this task effortless. Few of them are:
Suggested Tool(s): Weebly, Wix, Squarespace etc.
8. Cloud Storage
Nowadays, people are more aware of the cloud computing technology which helps them to ensure that the data is stored in a cloud storage. It helps to store the files permanently and can be accessed from anywhere with the associated credentials. Anytime, you can share the files with your coworkers or clients.
Suggested Tool(s): Google Drive, One Drive, Dropbox
9. Mobile Payment Processing Tool
Having a payment processing tool has become very important. It even increases client dealing relationships. It allows you to give your customers the option of being billed, paying by check, or paying right here, right now by card.
Suggested Tool(s): Square,Paypal/ Stripe for online payments.
10. Social Media
Social media is running like a fire in today’s world. More and more customers are reaching out to companies through social media only. Posting on social media increases customer engagement with business brand and offerings.
Suggested Tool(s): Sprout Social, Hootsuite, Mention.
OVER TO YOU:
Can you think of other tools that are involved in your small businesses? Kindly share your experience/views on the comment section below.