By Jeff Nevil

Making Your Business More Effective With Digital Tools

Digital tools and services are providing alternatives to traditional business practices. They offer the advantage of being easily accessible, frequently updated and

maintained, as well as easier to collaborate with.

Some notable examples include:

Accounting

Procurement

Financial Management

Team Management

Marketing

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Cloud based accounting services provide financial professionals with

constant access to automatically updated accounts of company

finances. One of the main advantages is that this information can be

accessed from anywhere with an internet connection.

These options are great for people always on the move who are

required to manage financial accounts.

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For procurement professionals, especially those working in production and

agriculture based industries, eProcurement tools provide a much wider range of options for sourcing products and services, as well as

unbridled access to hundreds more buyers.

Traditional sourcing and procurement methods fall short in providing up-to-date

buying and selling information in the same way eProcurement can.

Alongside cloud based accounting services, technology

based financial management tools use digital capabilities

to provide a detailed overview of each financial aspect

of a company. This could range from employee wages to

company revenues and expenditure.

These tools use analytics technology to track these

financial details and compile them accordingly.

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Tools such as team management and statistics software are

effective for managing large teams, as well as ensuring client

demands can be met each month.

They can monitor and track employee activity, thus giving

management a better overview of what work is being done,

as this can be quite difficult within a larger team.

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With the rise of social media and digital marketing techniques, many

new digital tools offer the capability to easily manage a wider range

of platforms at once.

The rise of SEO has also created integrated optimisation tools, with

platforms such as WordPress available with this readily installed.

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