Smart and easy ways to save money through technology

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Upgrading to the latest technologies can be seen as a costly investment by most people. However, some distinct advantages can save hundreds, or even thousands of dollars every year. And not only will these technologies save you money, but they also aid the environment by producing little to no carbon footprint whatsoever. Here are some smart and easy ways to save money through technology.


Going paperless: Hospitals and other paper-intensive businesses used to have rooms filled with boxes full of files, folders, and other documents. Today, desktop computers and storage facilities replace tons of paper each year. It also makes for a safer option in terms of storing critical documents and accessing them takes only a fraction of the time that it used to.


Online advertising: Traditional advertising costs so much regardless if you’re doing commercials, radio ads, or even print ads. Online advertising has almost zero carbon footprint and at times can be more effective than traditional advertising media.

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Video conferencing: Moving from one office meeting to another can be seen as a major time-wasting endeavor. And as for off-site meetings, you waste time as well as transportation costs. Opening a secure channel and doing video conferences can eliminate all these wasteful practices and boost efficiency in the workplace.


Invest in good cybersecurity: Cyberattacks can seriously harm a company’s output. Whether their systems get bogged down because of DD0S attacks or get hit by ransomware, any time wasted dealing with cybersecurity issues is time not used productively. When it comes to cybersecurity, it’s better to prevent the problem from ever happening instead of dealing with it when it eventually comes.


ArnonDror leads with expertise in finance and strategy planning, financial and business modeling, systems and technology, turnarounds and mergers, internal controls, negotiations, and cash flow management. For similar reads, click here.