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The 10 Most Common Types of Business Technology

Technology is changing the workplace for the better, and it continues to evolve. Read on for the most common types of business technology and benefits.

80% of small businesses are still using a manual integration tool. Manuel integration is old news because we now have business tech that can make work life easier. Whether you are a small business or a large one, you can benefit from business technology.

Read on to find out about the ten most common types of business technology and what they can do for your company.

 

  1. Computers

Multiple businesses use computers as they are the most common type of business technology. With a computer, you can perform many different tasks thanks to the software they have. Some of the tasks you can do include sending and receiving emails, designing presentations, and analyzing any information.

Desktops and laptops are both used in businesses. This way you can work in the office or when you are traveling or at home. PCs that have Microsoft Windows are more commonly used in the workplace. Macintosh Apple computers are normally used in professional settings.

Computers can allow businesses to manage daily activities more efficiently. Some issues may occur, but they can be easily fixed. If you have a Macbook, for example, just search, “how do I run a diagnostic on my mac?” and your problems will get solved.

 

  1. Software

The programs and operations that computers use are known as software. The software works to get specific tasks done.

An example of software would be Microsoft Word or Microsoft Excel. For businesses that commonly produce presentations, the software they use includes Microsoft PowerPoint or Keynote. Software is a type of business tech that is capable of handling the needs of a company.

 

  1. Networking

Businesses use networking to interact with different people and share information. They can store this information by using their email. It is also used to share printers and storage devices.

Networks can be restricted to office computers in one location or computer within multiple offices. Building relationships with those in related fields is an essential part of a business and that is what networking allows. Companies can find new partnerships and customers with the help of a network.

 

  1. Telephone Communication

Business relationships cannot get created without communication. A business will use the telephone system to communicate with their customers and other organizations. This one-on-one connection is beneficial to a business as a whole.

Customer service is one of the most important things to focus on to make a business grow. You can work on customer service by having an effective communication system and staff who are willing to put the work in. A hosted telephone system has become a necessary technology in business because of the features it has to offer.

 

  1. Accounting System

An accounting system is a software that allows a business to manage their financial information. For small businesses, Quickbooks is a common accounting system because it can be easily set up. Larger companies will use more sophisticated systems that offer customization and integration with other applications.

An accounting system is essential office tech to manage revenue and expenses. The accountants within your business should get consulted when deciding on this type of business technology.

 

  1. Inventory Control System

This type of workplace technology manages the inventory within a business. It can accurately keep track of in-stock items and automatically update the system when new items arrive. It can also record when items get sold.

A business needs an adequate system to manage the balance of items in the warehouse. This is essential to review a company’s finances.

 

  1. Customer Relationship Management System

A useful telephone system is only the first step to having good customer relations. A customer relationship management system can push a business forward by storing information about customer interactions.

Businesses will be able to make calls, create reports, send emails, add notes, and more, all within one system. The information this system can store will help businesses create relationships that will last.

 

  1. 5G Data Networks

5G data networks give businesses quicker upload and download speeds and an overall better connection. 5G is becoming more affordable in 2020 with data plans for businesses. As a company, you will be able to enjoy improved coverage with this business technology tool.

A faster network can help your staff get work done quicker and allow the software you use to upload faster. This could also benefit your customer service reviews.

 

  1. RPA in Action

RPA in action in business and technology means processing for sales. A manual setup has a staff member receiving sales and inputting data on their own. Every stage of the process is done manually.

Along with aiding in sales, RPA can find invoices and print and collect documents. RPA will have a trained bot to automate sales, including data processing.

A business can save a lot of time and money with this. Your company will no longer have to pay labor costs to have someone perform these tasks manually. Customer satisfaction will increase because the sales process will be sped up and the risk of error will be reduced.

 

  1. AI Assistants

Business technology has become so modernized that the use of automation tech is normal. This advanced technology can be implemented into different systems within the business.

The most common use of AI assistants is chat-bots. Chatbots allow customers to ask simple questions that a staff member would usually have to answer. This increases the positive ratings of customer service within a business.

A chatbot can easily handle simple issues or send a complex problem to the right people. This lets your staff handle a smaller load giving them more time to handle the more apparent problems.

 

Use Business Technology Now

Chances are, your business already uses some of the most common types of business technology. If you find that these are working for your business, but you still can do better, add more tech for your company. If you use business technology now, your company’s efficiency, customer service, and more will reap the benefits.

Don’t forget to keep coming back for more articles like this!

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