Smart Uses For Technology That Can Save Your Business Time

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StrategyDriven Tactical Execution Article |Business Technology|Smart Uses For Technology That Can Save Your Business TimeTechnology is a massive advantage for any business. It can help you to improve processes, cut down on inefficiencies and identify areas for improvement. However, there are so many types of technology available that it can be daunting to know where to start. The important thing is to understand what’s out there. You could do this by keeping up with the latest technology news and find innovative ways to apply new tech. It can also help to consult with other business leaders to learn from their successes with tech.

Use Marketing Tools

Marketing technology can help streamline your marketing strategy. You should do some research into the tools available and find one that allows you to set up your marketing strategy in a way that lets it run efficiently and proactively. There is a lot of work that goes into marketing, and it’s essential to get it right to give your business the highest chance of success. It could help to get in touch with a marketing agency who will be able to advise you on the best tools and strategies to be noticed.

Stay Ahead Of Industry Developments

Being in the know about technological advances is the best way to ensure you find the right tech at the right time. You can do this by subscribing to different industry news resources. The sooner you implement new technologies, the sooner you will see results. Ensure that the technology you are considering is reliable before you start using it.

Give Employees Remote Working Options

Remote and flexible working are excellent ways to improve employee satisfaction at work. You can use technology to allow your staff to work remotely. This gives them a better work/life balance and will enable you to hire the best people for roles in your company, regardless of where they are located.

You could use video conferencing software, cloud storage and instant messaging platforms to keep your employees connected and productive.

Manage Pensions Efficiently

Offering a pension is essential for your employees’ job satisfaction. It is vital to ensure that you manage your employee pensions effectively and allow staff to see how their pension is stored and what they can expect to receive from it.

Pension administration software is crucial to help you manage company pensions and can be beneficial to both employee and employer. It is a good idea to do some research into the types of pension software available. In the digital age, this sort of technology has never been important to the industry. Do some window shopping and look into pension administration software like this to get an idea of what you should be looking for.

Go Paperless

Cutting down on the amount of paper you use can save you time and money – as well as doing your part for the environment. Consider the different uses you have for paper currently, and see if you can easily replace them with digital alternatives. For instance, filling out lengthy paperwork in a warehouse can slow things down, whereas filling the information out online can mean that you can pre-populate common answers and save time on filing and copying.

Automate Processes

Review your processes to see if there are any that you could do with automation. For instance, sending out chaser emails or copies of invoices can take up a lot of valuable time, and having these tasks automated can free up staff time for more high-value work.

You should ensure that you use a professional IT company to set up automation unless you have experience doing so. This can help ensure that there are no issues or bugs that can cost your business money.

Host Regular Team Meetings

You can use video conferencing platforms to host team meetings across multiple locations. This can help foster good relationships between employees, keep everyone in the loop about business developments and give them the chance to innovate and collaborate. It may help to try out a few different platforms to find the one that suits you and your team best.

Keep Your Data Secure

Storing data and documentation online can be a great way to improve your efficiency and save time, but it is crucial to ensure that you do so safely. The cost of a cybersecurity breach can be high both in terms of money and reputation.
It can help to ensure that your staff understand the ways to be safe while working online. You could consider sending staff members on a course about online safety. Changing passwords frequently is another excellent way to keep your data secure.

Conclusion

Technology is a crucial tool for any business in 2021. It would help if you were proactive in finding tech that works for your business model and practices. It may help to discuss potential changes with your employees to make the best decisions. You could also take on board any suggestions employees may have on which technologies to make use of.

Air Compressors 101, How Air Compressors Work

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StrategyDriven Tactical Execution Article |Air Compressors|Air Compressors 101, How Air Compressors WorkWhenever you hear the word “air compressors,” you often associate it with reliability or something that makes business tasks more manageable. Isn’t it? At the same time, you find the entire concept pretty much complicated.

Not anymore! Let’s help you find all the necessary information that gives you the confidence to pick the right tool for your job.

Let’s start with understanding the “Air basics.”

Air Basics- Decoding The Science

Many of you might be well acquainted with the fact that a compressor works by sucking in the air and squeezing it through the components present inside the product to power the air tools. So, once it attains the PSI (air pressure), its duty cycle completes. So, you need to consider the air volume generated by the compressor when choosing the right one for your tools.

But, the question remains.

How Do They Work?

Mainly every air compressor you find in the market works on the same principle?? Boyle’s Law. As per this law, if you keep the temperature constant, the pressure in the container will be inversely proportional to the volume of the container.

So, if you reduce the volume, you can generate loads of pressure, creating a form of untapped energy to power various tools or machines. Air compressors use the exact mechanism, thereby becoming quite advantageous for a variety of industrial equipment to spray guns or drills.

Compressing Air Mechanisms- Finding The Right Fit For Your Needs

You might find a plethora of methods, but primarily compressors use pistons or rotary mechanisms to get the job done. Let’s understand both one by one.

In the case of a piston compressor, an electrical or a gas motor rotates the crankshaft. This is how it turns the piston in and out, thereby increasing the pressure of the air. This air is then released through valves and stored in a tank from where one can use the stored air to power their tools.

Contrary to that, a rotary compressor uses a rotary mechanism for air compression. Hence, providing an output as a steadier stream. You will find two types in this option. One is the Rotary vane, and the other is the Rotary Screw Air Compressor.
The difference is the presence of the motors. In the former, a single rotor along with the slot contains offset sliding vanes. They create a compression pocket by sliding in and out of the rotor. And the latter one uses parallel rotors with screws that intersect longitudinally. During the air compression process, two motors mesh together, leading to the desired output.

Wrapping up

Everyone understands that if you want to do the job right, you will require the right tool. Isn’t it? So, it would be a great idea to ask yourself the right questions right from the start, like “What do I need an air compressor for?” or “How much power do I need for my tools?” This will be a great way to find the suitable compressor for your job.

Hopefully, the information provided above will give you the right head start to choosing an accurate product to get the job done correctly.

10 Winner POS Systems for Businesses that Thrive

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StrategyDriven Tactical Execution Article |POS System|10 Winner POS Systems for Businesses that ThriveThe Point-of-Sale system, popularly known as POS, is one of the must-have tools of business owners who want their businesses to thrive. 54% of businesses now use POS to process transactions, and the total number of POS users is expected to reach 85.6m by 2025.

Why is POS the current most sought-after tool for many business owners? What advantage can POS have on your business? And what are the top POS systems to use?

This article answers all these questions in detail.

What is a POS system?

A POS system is an electronic device used by business owners to accept credit card payments and complete business transactions. A POS system is equipped with a POS terminal and software that enables sales transactions to take place.

How can a POS system improve sales for your business?

As a business owner, your ultimate goal is to reach your sales goals. And the way to go about it is to ensure you create a seamless experience for your customers and perform business transactions efficiently.

The good news is that a POS helps you achieve this and much more. Let’s check out the different ways a POS system can help grow your business.

Increased productivity

A POS system helps you get more things done.

Rather than checking balances and accounts for business transactions with manual documentation, you can easily automate all these activities with a POS system.

This means you won’t have to spend so much time trying to document daily transactions because your POS system does all the work for you.

Through this, you have enough time to focus on other aspects of your business that matter.

You will give more attention to your customers during purchases and satisfy them with top-notch customer service. The result of this? A great customer experience that paves the way for high customer retention.

Provides you with actionable data

One of the invaluable assets a business owner can have is access to vital data.

Besides providing you with your customer data, a reliable POS system gives you insights into what you have in stock and the items running out of stock.

This means you will never run out of stock on any purchase unaware, making you a dependable business owner for all your customers.

Your customers can always count on you when they need you, which increases your chances of getting high returning customers.

What’s more? You can work with the stock data your POS system provides you with to know what goods are doing well and what goods are not.

With this, you know what item to stock more and what things to put on hold. This reduces the rate of damaged goods and ensures you don’t run at a loss in your business.

Keeps your customers updated

A POS system isn’t just a medium for you to complete sales transactions with your customers. You can maximize the POS functions to impact your business by making it an effective marketing tool.

To make this happen, you can install the capture feature on your POS device to keep your customers abreast of the latest offers and promotions or new products available.

With this strategy, you can guarantee your customers will never miss a thing on your offerings and products. This simple technique can contribute to increasing sales for your business.

StrategyDriven Tactical Execution Article |POS System|10 Winner POS Systems for Businesses that Thrive10 Highly sought-after POS systems for your business in 2021

When purchasing a POS system for your business, it’s important to opt for one that provides you with all the functions your business needs to excel. Below are the ten most coveted Point of Sale systems for 2021 to consider.

1. Lightspeed

Lightspeed is one of the best Point of Sale systems for businesses that manage large and complex inventories.

Lightspeed helps you create several product bundles, put multiple variants in different sections, and run numerous orders from a centralized catalog.

Lightspeed gives you detailed analytics on items’ costs and items running out of stock so you can stock up before things run out.

You can access reports from any location and track your inventory from anywhere. Lightspeed offers the convenience that makes trading easy for small and large businesses.

What’s more? Lightspeed comes with an easy-to-use platform that makes transactions easy, and you won’t have to break a sweat to train your staff to sell and take payments anywhere.

2. Square POS

Square POS is one of the most prominent POS systems used worldwide. One of the main reasons Square POS is among the top list of the best POS systems is its flexibility.

Its flexibility allows you to accept payments en-route or through standup terminals.

Whether you own a coffee shop, grocery store, or you run an online business, Square POS allows you to complete your sales transactions in the most convenient way for you.

You don’t have to purchase POS hardware if you don’t want to; you can convert your phone to your POS solution. There are also several options to choose from to suit your needs if you want a POS hardware system.

3. Helcim

Helcim Card Reader is famous for its multi-functionality.

It doesn’t only allow you to make online transactions wirelessly; it allows you to create and design your store online.
With easy-to-use templates and interfaces, you don’t have to be a designer or web developer to set up your website in minutes.

Helcim also enables you to make and accept payments from all your devices.

This means you don’t have to always be on your desktop or in your store to take and complete payments; you can make sales transactions while you are on the go, on your tablet, or mobile phone.

4. PayCafe

PayCafe is among the best POS systems to use if you plan to run your online store simultaneously with your physical store.
It enables you to complete your sales transactions from one place by allowing you to make and receive payments from online transactions and physical transactions.

PayCafe also provides you with reliable data to work with. It gives you insights on your customers’ transactions, and how well your store is doing so you can make changes and devise new strategies for what works and what doesn’t.

5. Shopify

Shopify is among the most common POS Systems among business owners who accept payment transactions across multiple channels.

Shopify POS integrates your business transactions in one place so you can take and make payments seamlessly on any platform.

Shopify POS offers inventory management and detailed analytics. It comes with features that let you sell on social media while you are on the go and also on third-party market platforms.

Due to the effective integration Shopify POS offers for your online store and in-person store, your customers can make payments online and pick up, exchange or return purchased items from your physical store.

6. ShopKeep

Shopkeep is one of the most common POS systems used by small business owners to facilitate business transactions.

ShopKeep is easy and straightforward to use, which gives you and your customers an enjoyable user experience.

ShopKeep also comes with a Mobile App that keeps you updated about your business metrics so you can keep tabs on your business wherever you are.

7. TorchBistro

TorchBistro is a functional POS system for business owners in the food industry. So, if you run a restaurant, club, or bar, TorchBistro is your go-to POS system.

It comes with several functions such as table management, staff management, inventory management, data analytics, and much more.

TorchBistro lets you take orders online with your POS hardware or software. You can also purchase both and use them simultaneously for the success of your business.

8. Revel

Revel is one of the best POS transactions for businesses that run transactions from several platforms.
It offers a centralized system that enables you to take and make payments from different platforms from one comprehensive place.

A unique feature of the Revel app is its ability to enable you to perform transactions even when you don’t have a connection, as it makes use of both the cloud and your local network to store your data.

9. Toast POS System

Toast POS system is one of the ideal POS systems for restaurants as it was explicitly customized for food-based businesses.
It comes with all the functions to facilitate sales for your restaurant business. Such as table mapping, inventory management for ingredients in store, and the feature enables you to take online orders.

Toast offers other features that let you manage your staff effectively. Such as automated payroll and labor reports features.

10. POS Nation

POS Nation is designed to be one of the best POS systems for liquor and convenience stores.

It comes with functional features like actionable analytics on sales and employees—inventory management on carton packs, purchase orders, stock details, and many more.

POS Nation doesn’t only allow you to complete sales transactions and keep track of business activities; it is equipped with built-in ID scanning and age verification features that guide you through selling to the right people.

Conclusion

A POS system is an essential tool to facilitate your business success as it offers flexible payment methods and business analytics. This article discussed the top 10 POS systems you can employ to build a thriving business. Before you proceed to choose your POS system, be sure to check out each review to help you make spot-on decisions.

3 Ways Online Auction Software Can Help Your Business

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StrategyDriven Tactical Execution Article |Online Auction Software|3 Ways Online Auction Software Can Help Your BusinessDue to the current economy and the recent pandemic, many people’s lives are currently in an uproar. Instead of people going out to shop and work, more people are doing most of their daily activities from home. This goes for people who previously enjoyed selling items at public auctions and customers who now only attend online auctions. Instead of leaving their homes, many auction-goers now choose to sell items or purchase items online through online auction sites.

The Opportunity to Boost Business

In the past, resellers and antique dealers likely sold their treasures at in-person auctions. People no longer attend in-person functions, so sellers have had to turn to online auctions to run their businesses. How are sellers boosting their online auction sales? Online sellers are using Maxanet to manage their online auctions and give them the sales numbers they need.

Through this online auction software, a person can do everything from listing items for sale to accepting and managing online payments. Online auction software gives sellers solid and proven reliability and greater control of their online auction processes. Many people will be driven to the auction, and the online seller will experience a nice boost in their listing views and sales. This software includes tools that can help potential bidders find the items online, ending in higher selling prices and bigger profits for online auction sellers.

Better Record Keeping

Say goodbye to inaccurate bookkeeping and hello to easy to sort online records. A huge benefit of online auction software is the software does all of the math. A seller can see their sales numbers with a click of a button.

When tax time rolls around, a lot of the information the business owner will need for their business taxes will be available to them in the software. This also comes in handy when trying to turn in sales tax, as the online auction software can calculate what a buyer owes in taxes and collect the tax amount along with the customer’s online payment. A business owner will no longer spend an afternoon with a calculator adding up their quarterly sales to pay their sales taxes accurately.

Say Goodbye to Expensive Travel Costs

Traveling to in-person auctions can be expensive. Hauling merchandise back and forth uses a lot of time and gas. Moving to online auctions and auction software will save time, money, and travel costs. A seller can spend their time listing items for sale online through the software instead of driving back and forth to sell items at in-person auctions. Moving to auction software offers huge benefits to those running a resale business.

Other Benefits of Online Auction Software

There are many additional ways that online auction software can help an online business owner. This type of software streamlines the listing process, helps drive traffic to the auction, allows winning bidders to pay for their items, and does a great job of making recordkeeping for the business simple. Business owners who are on the fence about trying this type of software should give it a go. Some online auction software companies will even set sellers up with their own online blog or website.

In conclusion, switching to online auctions is smart for sellers trying to survive and thrive in the current economy. Make things simple by giving online auction software a try. Moving to online sales means that everyone across the globe has the opportunity to bid on and purchase a seller’s items instead of just the small handful of people who would show up at an in-person auction.

Effective Ways To Cut Transportation Costs For Your Logistics Business

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StrategyDriven Tactical Execution Article |Logistics Business|Effective Ways To Cut Transportation Costs For Your Logistics BusinessBusinesses in every industry are constantly faced with the ongoing challenge of reducing costs to boost profits. However, the key is to lower your expenses without hindering service quality. So, when it comes to dropping transportation costs for your logistics business, you should avoid any approach that will negatively impact your services’ quality. Therefore, you should avoid cutting salaries, opting for cheaper vehicles, or increasing delivery times. To help you minimize your costs without harming your business, we have listed a few practical approaches for you to consider.

Buy Bulk Fuel

Suppose your fleet has been filling up at gas stations while making deliveries. In this case, your fuel expense is a lot higher than it could be. Instead of filling up the traditional way, you should consider buying bulk fuel. You can find out more about bulk fuel purchases and payment terms with a little bit of research. However, it is also essential to determine safe storage methods before making your first bulk buy as fuel can be dangerous if not stored correctly. With that said, bulk buying will save you a substantial amount of money.

Enhance Your Fleet Management Strategy

There’s no doubt that a fleet management strategy is essential when running any business in the logistics industry. However, by enhancing your management strategy, you can ultimately save on your business expenses. Part of your strategy should include essential ongoing maintenance, which can degrade the likeliness that you will have to spend on expensive repairs later on. What’s more, a well-maintained fleet will also consume less fuel. Your management strategy should also include insurance that will protect the best interests of your business in the event of an accident.

Monitor Drivers

Even if you have employed qualified drivers, employees in any field of work will slack off a bit if they are not monitored. To enhance delivery time and reduce potential extra costs that could occur from late deliveries, lost customers, or additional fill-ups on the delivery route, you should install commercial camera systems in your vehicles that will monitor your drivers. The small initial spending will go a long way in enhancing service quality and reducing any additional costs that could be avoided with a monitoring system.

Plan Routes Ahead Of Schedule To Save On Mileage

Planning trips ahead of schedule to include as many deliveries as possible into the same route is a great approach to save mileage on your fleet. While reducing mileage build-up will reduce maintenance and repair costs, the decision will also reduce your fuel consumption significantly. Planning routes beforehand will also reduce the likeliness of late deliveries.

Reducing costs in any business is possible with the right approach. Being a money-savvy business owner is often all it takes to avoid overspending on your expenses and keeping costs as low as possible. Once you have reduced your transportation costs, you can find other areas of your business that could be eating at your profits and find practical approaches to mitigate such costs.