What Can My Company Do To Improve Its Efficiency Levels?

Some companies are steadfast in the old way of doing things, refusing to change with the times; others believe in efficiency, being agile, and reflective within evolving industries.

In this article we explore the following ways your company can shake off the dust and improve its efficiency levels to compete in a modern, fast-paced marketplace:

  • Using task management software to facilitate collaboration
  • Embracing data collection to improve fuel efficiency
  • Going paperless to get easy access to information

Whether you're an entrepreneur looking to streamline your franchise or a talented employee demonstrating your business acumen. Read on and discover what your company can do to improve its efficiency levels.

Use task management software to facilitate collaboration

With the office out of bounds for many companies around the world, adapting to a work from home setup is proving to be a challenge for many people. Not least because communication has been resigned to the odd Zoom call or instant message.

Even though large parts of a company’s operations are performed in isolation, efficient teamwork remains a cornerstone for any successful business — and while video

conferencing software alongside web chats do have merit, they don’t nearly encompass the whole collaboration process.

Here are some details on task management software, which help to streamline employee tasks and improve clarity/accessibility away from the office.

Efficiency benefits of using task management software include:

  • Auto-generated task reminders
  • Subtasks outlining what parts of a project belong in certain departments
  • Prioritizing tasks and setting time expectations

Often projects pass through numerous departments and require attention across all specialities, so using task management software allows you to visualise dependencies and identify hold-ups in your operation.

Embrace data collection to improve fuel efficiency

To keep up with increasing pressures and general demand your company must also find ways to become more efficient on four wheels. Despite the pandemic, many businesses rely on vehicles to carry out day-to-day operations, be this for commuting to places of work or transporting goods to consumers.

When operating a vehicle most people fall foul to one major efficiency killer — fuel costs

The price of fuel dips and dives with the world economy, sometimes you win the lottery and get a cheap deal, other times you’re faced with an inflated bill to pay-off. But with a turbulent recession soon to be on the horizon, it’s more important than ever to get costs under control.

Companies (big and small) are looking at simple ways to improve financial agility and in turn, give fuel efficiency a big boost. For example, here is some info on fuel cards: a fuel payment method that’s saving businesses time, money, and effort when it comes to travel expenses.

Fuel cards are popular because they offer these two key efficiency benefits:

  • Fixed rates and fuel discounts
  • Telematics and data on fuel usage

Using fuel cards you can protect your company from uncertain prices and create a more transparent atmosphere by tracking data that can contribute to efficiency busting policies later down the line.

Go paperless to access information at the click of a mouse

Do you have a big client meeting and find yourself clamouring for information seemingly lost to the office filing system? On top of being a safer, more secure way of storing information, going paperless is a fantastic efficiency booster.

For example, cloud storage allows you and your team to retrieve files at the click of a mouse, meaning you don’t have to turn up to that important meeting empty-handed, or fumbling around for missing notes.

Better yet, this paperless alternative to old fashioned storage lets remote workers access information more freely from the comfort of their home. Most cloud storage options like Google Drive or DropBox are widely available to your company and can be accessed by any device with an internet connection.

Worried over-reliance on cloud storage will affect security? Some might say migrating all your files online is a risky strategy, but really it’s likely the safest place to store sensitive information. This is because most software providers offer two-factor authentication, encrypt your data behind firewalls, and regularly update their systems to keep up with cybercrime.

From embracing task management software and going paperless to adopting data-driven tech that saves on fuel. In this day and age, it’s important your company embraces the modern world and becomes more efficient where it counts.

Rodney Laws is an ecommerce expert with over a decade of experience in building online businesses. He is owner of EcommercePlatforms.io, where he shares his insights with fellow entrepreneurs.