How Small Businesses Can Cope With The New Normal

Businesses coping with the new working norm

Firms that have invested in digital technologies find it much more comfortable to survive the global lockdowns that have forced their entire businesses into telecommuting. These organizations have certainly proved a liveliness via their digital transformations. It has made them keep up the fast supply chain and workplace changes alongside the unforeseen business requirements that the crisis has brought.

The companies that have remote working systems and cloud systems in place have been able to boost their VPN capacity within a short period without substantial re-engineering. The enterprises that have not yet incorporated the transformation curve, on the other hand, have found it difficult to run their businesses. The current global pandemic is destined to test the reality of companies’ preparedness to support an offsite, distributed workforce. However, it is evident that most companies are yet to keep pace with the latest technologies.

Yes, the global economy is slowly reopening. ‘I cannot wait to relaunch when this pandemic is over!’ This is certainly the statement every business owner out there is thinking about. The good thing is that there is a new normal that you are going to incorporate. It is for this reason that business owners need to know what the ‘new normal’ is all about. It would also be wise to be ready for it, so when everything is operating at full steam, your business will be back like it never left. You will undeniably win new clients faster than those companies that will not employ the new norm.

Incorporating Digital Transformation

One of the hardest, and in most cases biggest, lessons businesses have learned from Covid-19 pandemic is how crucial it is to be on the fast-track to digital transformation. For the organizations that have put in place digital channels like high street banks and stores, relying on remote procedures has been of less concern.

Incorporating digitisation, however, demands a deep approach established on the selection of scalable, robust, and sustainable technologies. Over the next months, businesses will be cautiously evaluating these transformation roadmaps. Two areas anticipated to experience growth due to this global pandemic are cloud infrastructure spend and software, again primarily as a result of cloud expenditure.

Use of Time Tracking Software

Even when the lockdown restrictions come to an end, it is essential to note that remote working will continue to be a new norm for many companies. The current world demands new tools that can help both CFOs and business owners to make sure their finances remain stable even when substantially separated from their staffs.

A great time tracking software will also offer an employee survey to ask employees for their important feedback. Some of these questions may include whether or not an employee is experiencing sick-like symptoms or how challenging their job is on a day-to-day basis.

Notably, most employees around the globe are presently working from home to help lower the spread of the coronavirus. Nonetheless, while employees aren’t physically going to the offices, keeping track of various things like employee time can turn out to be problematic. From efficiency to payroll, incorporating modern business approaches is inevitable. With this in mind, here is how the installation of time tracking software can help you during this pandemic.

First things first, a modern time clock system is cloud-based software that enables companies to correctly keep track of their staff’s time worked. Most companies are now incorporating employee time tracking as it proves to be particularly helpful, especially for the individuals that work from home or out of the office.

In addition to helping you to eradicate the paperwork and manual means of timekeeping, like paper or spreadsheets, modern time tracking systems give you the ability to automatically calculate time data for payroll. Besides the software reducing the hassles for employees and business owners alike, it’s incredibly convenient to use.

In the current pandemic where working from home is a new norm, using this type of software has become more treasured than ever before. For instance, it can be quite challenging to track your employees’ time when they’re working from home. However, modern time clock technology allows businesses to solve this problem as it offers total transparency.

Also, it significantly helps when it comes to tracking the work productivity and motivation of your workers. You will realize that upon incorporating it into your organization, efficiency will increase as well. Other benefits of the system include:

  • Reducing payroll costs and saving time.
  • Gaining much-needed accurate time data.
  • Ensures employees are working efficiently.

The Use of Online Transaction Systems

Online transaction systems, such as online booking and payment technologies have been around for quite some time and won’t be going anywhere soon. Even with the arrival of the new norm, clients will still have the anticipations of safety and convenience by booking and paying for merchandise online. The enterprises offering these services throughout the pandemic are keeping their organizations more operational than those that do not.

The pandemic has indeed trained the customers to utilize technology to get the products and services they need without interacting with humans. A large percentage of your prospective consumers will anticipate this from now onwards. 

The Use of Workforce Management Systems set to Remain

As the Covid-19 pandemic continues, the question for many HRMs and CEOs is whether their organizations are ready to take on the pandemic. Are there proper processes and systems in place to adjust to the ever-changing scenario? The economic threat to many businesses out there is significant because they cannot risk their workers to stop operation, for the sake of the company. So, how will companies guarantee the safety and health of their workforce moving forward?

While employees can work from home and attend meetings virtually through various video conferencing apps, how will the company schedule the tasks to be performed? Most companies find it difficult to track the tasks performed by their staff whenever they leave the office. Well, we must deal with this situation by deploying a scheduling software to try to lower the risk of economic losses and make sure that the business continues its operation past the pandemic.

The Benefits of Workforce Management Tools

Having the ability to manage your workforce’s tasks even when working from home is indeed one of them, but most outstandingly is to avoid the scenario where your employees stop working. Other benefits include:

  • It offers remote clock in and clock out functionalities.
  • Remote access from any location.
  • Tracks employees’ attendance.
  • GPS tracking for employee accountability. 
  • Displays real-time data.

In conclusion, it would help if businesses are ready for the new norm that’s destined to come any time soon. Research and adjust accordingly to make sure you are prepared. Yes, the new normal indeed offers new challenges and an entirely new set of standards that have never been seen before. By incorporating modern technology into your company, you can grow your business to greater heights.

Use Technology to Track Hours Worked

See how technology can help your business with the new norm.

a thought From Brooke Sherman on 7/13/2020 ...
Thank you so much for creating this valuable article. I find this information to be very beneficial to implement into my own business during these challenging times that we are facing. Thank you again to whoever created this!
reply from OTC - Hi Brooke and thank you for the kind feedback. We are very happy to read how our article can be beneficial to your business. Please feel free to share with your employees and fellow business owners. Have a great day!

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