Technology has revolutionized business and has now become a critical component for business success. There are enough examples to show how technology has transformed the way we work, interact, learn and develop. So how can SMEs leverage technology to stay ahead of the curve?
Running a small business comes with its own set of challenges. From checking the inventory to managing sales meetings, there is a lot that a business owner has to juggle with. With the right systems in place that can handle business operations and give real time analytics, SME owners can reduce the time spent on running the daily chores and refocus where it matters most.
With automated systems and use of digital technologies, SMEs can make communication with customers quick and easy. Customers also appreciate prompt response and acknowledgement of their queries. Adding analytics here would also help SMEs understand the customer trends and prepare themselves accordingly.
How many orders have I processed, what is pending, bad payments – these are the common financial challenges that a SME has. With the right SME technologies in place, you can track each and every order, from start till end, in a single click. Since everything is integrated in a system, it reduces the risk of missing information or frauds.
In this digital age, no business can afford to be “off”. With the help of online portals and support systems, small businesses can be available to their customers and prospects around the clock. This would not only help in better customer satisfaction, but also in accumulating new business queries.
SMEs need technology, but they often hesitate to adapt them due to lack of expertise. The best way is to connect with a partner that has industry expertise, identify the gap areas and then proceed. We will soon share some tips on best practices for SMEs while adopting new technologies. So stay tuned!
with Technology
Trusted by 60,000+ customers worldwide
Nidhi Batra is a marketing and brand communication professional with 10 years of experience working in the dynamic B2B marketing environment. She strategizes, writes, reviews a variety of content for demand generation and sales support activities. Having a Master’s in English from Delhi University, she knows how to navigate her readers on insightful journeys with her SAP published blogs and thought leadership content.
Follow me on LinkedIn to stay updated on the latest industry trends & technology update
We all know that Alexa and Siri could do more than ever even before we ask. Siri lets you...
What’s the one thing that preoccupies the mind of app developers, marketers and business owners? It’s user attention and...
This is probably one of the most tricky questions most small and mid-size businesses face at some point in...
Streamline your business processes and improve productivity using our cutting edge ERP solutions & service offerings custom built for small and medium enterprises.
Our e-Governance solutions enable the government to reduce operational complexities and help citizens, businesses & government bodies to leverage technology to access public services with ease.
Our products portfolio comprises of business automation software’ that helps you focus on high-value tasks and improves organizational efficiency by automating repetitive human tasks, process workflows, data capture & decision making.
Get actionable business insights with our cutting edge BI products & consulting services. Make informed decisions and improve business efficiency with real-time analytics.
