The way we do business has changed. If we look back even ten years into the past, the current business model would be nearly unrecognisable to a worker from that time.
So, what’s changed?
One word: technology. The technology available has come on in leaps and bounds over the last few years, opening up a whole new world of freedom and flexibility for employers and employees alike.
But what are some of the key things that technology has changed? Read on to find out.
Streamlining
An increase in automation has led to many processes being streamlined. Paper-based working makes it difficult to keep processes neat and tidy.
Meanwhile, when you are using a cloud-based system to share documents, not only can businesses reduce paper waste and clutter, you can also make it easier to do work in a quicker, less complicated manner. This can mean more work can be done in less time, with a lot less pointless physical paperwork.
Reduced costs
One of the main things that companies are always looking at is how to reduce overheads without reducing the comfort of employees. However, it can be difficult to do this when you are working from a large office building.
Technology has made it possible for some (and, in the case of the last twelve months, all) employees can work remotely. This means that it is easier for businesses to reduce the size of their building and therefore overall costs.
Increased flexibility
A fantastic benefit of increased technology is that we have more flexibility than ever. Whether this is to work in a hybrid format or connect with employees and clients from all over the country and world, technology has made this easier than ever before.
We also now have the flexibility to adjust our hours and working patterns to suit us rather than working a traditional nine to five. If you have the equipment you need wherever you are, you can work whenever you need to.
More to offer
Technology and moving away from paper-based systems has meant that as a company, you can offer your employees more than ever.
Employee benefits systems from Zest Benefits can give employees increased control over what they want out of a company. Something that would have been impossible in older systems!
This also means that employees can get a clearer overview of their benefits, providing more accessibility and clarity than ever before – and encouraging them to remain loyal to their company.
Technology has impacted business in so many ways, it would be almost impossible to list them all! However, we can see that there are many benefits to the increase in technology – especially during the current times.
Infographic created by Corcentric, a b2b payment solutions company