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4 Ways Technology Is Making Your Business Better (Quick Read)

Updated: Jan 27, 2023

With all of the technological advancements, it can be hard to keep up with what is available. But there are many benefits that come from using technology in your business. Some of these include cost savings, productivity gains, and higher customer service ratings! In this blog post we will discuss 4 ways that technology is making your business better.



Save Money


The image shows a plant that seems to be growing by using coins as a substrate.
Saved money can be used as a seed fund for your next investment!

The amount of money saved by the use of technology in your business can be surprising. From cloud storage, to online invoices and automated systems, you will start saving a lot more than what it costs to implement these technological upgrades! Here are some examples:

  • Cloud based email platforms such as Google Apps allow for free accounts as well as inexpensive paid versions for your business emails.

  • Virtual phone solutions such as Ring Central and Nexmo allow you to have a local number that rings all of your phones at once or anywhere in the world, saving on long distance charges!

  • Property Store Property Management CRM Software is designed to be your one stop shop for all your property investing operational needs. This means that you only need to subscribe to a single powerful software instead of multiple apps and spreadsheets.



Save Time


A hand holding a small white analog clock

In addition to saving money, technology can also save you a lot of time as well. With automated processes and online invoices you will not have to spend as much time inputting data or sending out customer statements!


  • Automated payment reminders via email that are sent directly from the accounting system without any extra effort on your part can save a ton of time!

  • Online invoices reduce the amount of time it takes to send out or pay bills, allowing you more free time in your day.

  • When you increase your productivity, it allows for more time to focus on other tasks and projects. This will help your business stay organised and efficient!

  • Document scanning services that allow you quickly upload important files into the accounting system like DocuLynx or DropBox that can be accessed from anywhere by anyone with permission.

  • Cloud based scheduling platforms like Acuity Scheduling, Calendly or Doodle are great for team collaboration and allows you to schedule meetings with clients directly from your email.

  • Property Store took all the best features of these apps so now, you don't need separate apps such as Dropbox or reminders apps. Simply use property store and you're good to go.


Property Store took all the best features of these apps so now, you don't need separate apps such as Dropbox or reminders apps. Simply use property store and you're good to go.


Increase Customer Service Ratings


When you are able to communicate with your customer effortlessly, it tends to increase their satisfaction. An easy way that this can be done is by using apps like Whatsapp or Viber for business purposes!


  • Video conferencing capabilities via Skype allow for meetings between staff and customers from anywhere in the world without having to spend money on travel costs!

  • Text messaging platforms like Nexmo allow you to send out huge amounts of text messages for a cheap price when using bulk plans. This can be used in place of phone calls or automated SMS's that are sent from your business number saving time and effort!



New Revenue Streams


Technology is allowing for new revenue streams to open up. These include mobile apps developed by your company, online courses or ebooks that can be sold on platforms like Udemy and Kindle, as well as social media marketing campaigns!



Summary


The power of technology is undeniable. Whether you are selling a digital product online or you run a brick-and-mortar business, these technological principles will work for you. They'll help you drive more visitors into your marketing funnel and convert casual visits into sales without any extra effort on your part!


 

Want a free trial of Property Store? Sign up now and get your first week free!


Not convinced yet? Click here to attend our free webinar where we will show you how Property Store can support you in your property investing business.


Want to see more of Property Store? Head over to our features page where we recorded a live demo that you can watch to see Property Store in action.


Got a question? Check out our Frequently Asked Questions Page for answers to common concerns or you can contact us here.


 

Want to know more about technology in the property industry? Check out our blog on the role of technology in your property business.

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