Inefficiency Can Cripple Your Business. Here Are Two Tools That Can Keep Business Moving

Inefficiency can be a real killer for a business’ ability to take in revenue, but sometimes it seems like this lack of continuity can be unavoidable. It isn’t. Technology can go a long way toward helping you build more efficient processes. In this week’s blog, we discuss a couple of key pieces of technology used by many small businesses to keep their processes streamlined.

Customer Relationship Management

In business, nothing is more important than keeping things running smoothly. The customer relationship system (CRM) is probably the most widely accepted digital tool used to maintain organizational efficiency. The CRM centralizes data, automates several processes, and gives an organization the ability to manage and personalize customer relationships. In this way the CRM empowers businesses to boost the productivity that allows them to drive growth. Some of the functions it uses to do so include:

• Streamlined Data Management - The CRM gives a business the ability to centralize all of the data a business collects on their customers. In doing so, it ensures that all customer information is readily available and updated in real-time. 
• Added Automation - The CRM builds efficient processes through the automation of several parts of the business relationship. By reducing manual errors and speeding up task completion, a business runs more effectively than without a centralized CRM.
• Personalized Relationships - Speed is only one factor relating to business success and efficiency. Being able to tailor their products and services to the needs of their customers enhances value and maximizes the profitability of each customer relationship. 

Collaboration Apps

Today’s collaboration apps are used to facilitate and boost the ability of your team to complete tasks. These apps offer users features that include real-time communication, application integration, and some project management tools; basically anything users need to efficiently complete tasks. 

The communication aspect of these apps is probably the most crucial. Not only do they provide an instant messaging platform, they also offer one-click video conferencing, and voice calling, as well as a built-in forum feature that can get people on the same page quickly. Not only do these applications offer centralized management options, they also integrate with multi-user productivity platforms that can significantly cut down on the time that tasks take. 

The more efficient your company can be, the better it will be at revenue generation. If you would like to learn more about how the IT consultants at Phantom Technology Solutions can help you build a more efficient business, give us a call today at (800) 338-4474.