In this fast-paced and competitive business landscape, staying on top of the latest tech trends is important for businesses to outpace their competitors. As running a business can be difficult and time-consuming at the same time, there are many tech tools that organizations and small businesses can use to save time and money while increasing overall operational efficiency as well.
As technology is growing constantly, I have created this list of the best business technology tools that save time and money.
Let’s start!
Role of Business Technology Tools in Driving Growth
The role of business tools in driving business growth cannot be overstated. These tools streamline processes, enhance efficiency, and reduce operational costs, enabling businesses to focus on their core competencies.
For instance, task management tools ensure that projects are completed on time, while collaboration tools facilitate seamless collaboration among in-house and remote team members.
However, businesses must choose the right tool for their unique needs and demands. This will help them get the most out of their investment and enjoy better ROI.
9 Best Business Technology Tools
1. Enterprise Resource Planning (ERP) System Software
ERP or enterprise resource planning system software is a tool that centralizes all essential business processes in a place. From supply chain and inventory to customer relationship management and payroll, a business can get real-time visibility into anything using ERP system software. Most businesses use traditional methods like spreadsheets to keep track of their operations and processes, using an ERP tool can be a great way to monitor all aspects of the business at a place.
However, one should invest in an enterprise resource planning system that comes with customization features to make sure everything is covered in a single software tool. ERP solutions also allow businesses to integrate information and data across the different departments of the company to ensure everyone is on the same page to achieve business goals effectively.
Top 5 ERP System Software
- NetSuite ERP
- Microsoft Dynamics 365 Business Central
- Acumatica Cloud ERP
- Odoo
- Brightpearl
2. Task Management Tools
The use of an appropriate task management tool can help business owners save a lot of time and money while managing several business processes and operations. Task management tools are commonly used to keep track of business tasks and jobs.
These tools keep managers informed about the tasks that must be done in a given timeframe. Task management tools like Trello allow busy business owners and managers to track different tasks digitally instead of manually. This, in turn, helps business owners save time on communicating and stalking their own tasks and the jobs of their workers.
Top 5 Task Management Tools
- ClickUp
- Wrike
- monday.com
- Teamwork
- Asana
3. HR Management Software
Human Resources management software is one of the vital small business technology tools that every business must use to streamline its HR operations and processes. HRM software is a tool that helps businesses manage everything related to human resources like employee performance reviews, salary information, and benefits on a single screen.
This is the best way to keep track of all important HR-related tasks and processes without wasting time and money. Some advanced HR management software also helps hiring managers identify concerns that lead businesses to serious issues like low employee productivity.
Top 5 HR Management Software
- BambooHR
- GoCo
- UKG
- Zoho People
- Rippling
4. Employee Time Tracking Software
Employee time tracking is one of the most important aspects of a successful business. If you are not tracking employee time spent on different business-related tasks and jobs, you will end up paying them for nothing done. Since manual time tracking can be difficult, using reliable employee time tracking software helps you track the time every employee spends on assigned tasks and jobs.
Time tracking apps and software let employees punch in and out times to see how many hours they spend working. You can also track employee time spent on each assigned task or project to check overall employee efficiency and productivity. As a result, you can optimize rosters and working plans accordingly to increase employee productivity and keep them from spending time on non-productive tasks.
Top 5 Employee Time Tracking Software
- Clockify
- QuickBooks Time
- ClockShark
- Paymo
- TimeCamp
5. Document Collaboration Tools
When it comes to collaborating on documents with other employees, most businesses use file-sharing systems like Google Drive. This ensures every involved worker is working on the same version of the document without facing barriers of time and location. In this way, employees can create and edit a variety of business documents anytime anywhere even using their mobile devices.
The use of traditional document collaboration tools like Google Docs for small businesses is a good idea. However, there are many other collaboration tools available that any business can use according to their needs.
Top Document Collaboration Tools
- ClickUp
- Google Workspace
- Dropbox Paper
- Microsoft 365
- Evernote
6. Social Media Marketing Tools
Due to the constant growth and rise in the social media sector, more and more businesses are marketing their products and services using social media. Social media is one of the best marketing platforms these days and helps businesses and brands get their products noticed by the target audience. Manual techniques of marketing on social media can consume time and resources. This is where the use of social media marketing tools like SproutSocial comes into play.
Businesses can use such tools to put social media marketing tasks on autopilot. Creating, publishing, and scheduling posts is a lot easier with such tools. Some social media software also provides useful insights and data that can be used to segment customers and personalize marketing efforts.
Top 5 Social Media Marketing Tools
- SproutSocial
- Buffer
- Hootsuite
- Hubspot
- Buzzsumo
7. e-Signature Software Solutions
In this digital era of life, getting signatures on business documents is not a big deal anymore. E-signature software solutions are available in the market that helps businesses get documents signed in real-time even without the physical presence of the person you need to sign the documents.
Tools like DocuSign help businesses and individuals sign documents conveniently. Just upload the document you want to sign, assign a signee, highlight the area where signatures are required, add the email address of the person, and the document will be sent to the assigned person. You can also set a timeframe for document signing for the security and protection of confidential business documents.
Top 5 e-Signature Software Solutions
- Adobe Acrobat Sign
- DocuSign
- Dropbox Sign
- eSignatures.io
- SignNow
8. Data Protection Software
As almost all business details and information are stored in computers, using data protection software can help a business keep important data and information safe & protected. Such tools are developed to protect business data and set access limits for authorized employees so they can access the business information and data they need to complete their jobs.
It is one of the best business technology tools and prevents unknown users from accessing the business data and network to keep the business details secure. They also protect computer data from viruses and hacking attacks. Some data protection software also backs up data on cloud servers to make them easily accessible and recoverable even in case of data loss or theft.
Top 5 Data Protection Software
- Acronis
- Cohesity
- Commvault
- Barracuda
- Rapid Recovery
9. Cloud Storage Solutions
In this advanced age of technology, more and more companies are investing in cloud storage solutions to keep their data in safe hands. Not only this, but cloud solutions also make business data available and accessible 24/7 even on mobile devices. When employees are capable of accessing required business data and information, they are better able to perform at the workplace or when working remotely.
Cloud storage solutions also make file sharing, document collaboration, and data protection easier than ever before. This as a result benefits a business in multiple ways while saving business time and money as well.
Top 5 Cloud Storage Solutions
- IDrive
- Google Drive
- Dropbox
- pCloud
- Sync.com
Conclusion
Staying on top of the latest business technology trends helps businesses save time, resources, and money as well. Instead of wasting time on managing business operations and processes manually, a business must invest in the best business technology tools to increase overall productivity and save time also. However, a business must assess its needs and then choose the right tech tools and solutions as per individual needs and requirements to make the most out of them.
