How so?
With so many readily available communication tools in the market, technology has changed communication in a big and inexpensive way possible. When in the 90s and early 2000s, the cost of one very short SMS was close to USD0.10, nowadays you can communicate for hours without having to take the cost into consideration. Physical presence is not required anymore when the team can be connected via the likes of WhatsApp, Skype, Quip; making it possible for businesses to be effective, and be able to break that barrier of conducting a ‘formal meeting’ because what’s more important for the SMEs is to get things done quickly and correctly, rather than the formality of things.
Technology can also assist SMEs in keeping things organized, sharing resources and assigning responsibility in a more systematic way by deploying project management software for example or simply utilizing Google Drive for easy collaboration and sharing of resources in real-time and increasing productivity in a major way.
On the other hand, deployment of Software as a Service, SaaS like TimeTec TA for Employee Attendance Management or TimeTec Leave for Employee Leave Management simplifies and makes an operation more effective. SaaS usually is designed to promote automation and by having these tools in the workplace, the operation cost can be reduced significantly thus saving more costly and important resources for the company. In terms of the workers, they can likewise be tasked with different and more difficult tasks which can’t be accomplished via automation. On top of that, automation provides more accurate results and contains audit trail for easy tracking of information whenever the business requires. In short, SaaS tools do not only reduce the overall operation costs, it also provides efficiency that many SMEs are in dire need of.
Advancement in security technology is another breakthrough that provides advantages to the workplace with the adoption of smart card and biometrics for access security. The biometrics technology only allows authorised personnel to enter restricted areas by having their credentials verified, and all the verifications come with accurate records that are kept in the system for the longest time. Apart from access control, biometrics has penetrated other areas as well as PC access, time clocking and many more. And when the transaction data can be stored in the cloud, the tampering of the data is not possible, providing businesses with comfort over its security issues.
Another good thing that technology brings is its customizing option. Let’s face it, not one commercialized solution is designed to fit any company like a glove, but with a little tweak here and there, companies can further exploit the technology to better serve their businesses. With the right cost and development time, customization option could benefit SMEs tremendously. The availability of technology presented to us in this time and age has enabled remote working, teleconferencing and co-working space which has completely reshaped the workplace. Everything is literally at the tip of your fingers with the availability of mobile and cloud technology.Who would have thought that now I could communicate with my client in India or Germany or Lebanon without having to spend a bomb on phone bills? On top of WhatsApp, occasionally we do ‘face-to-face’ Skype video conferencing as well as share resources online accessible across the world by our customers.