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.

Top Apps That Can Help You Organize Your Finances

The road to financial success is full of obstacles. One of the best ways to overcome these hurdles is to learn to organize your personal finances. To help you manage your money properly, there are mobile apps that can come in handy. Some examples are the following:

Mint

Arguably the most popular personal finance app, Mint is useful in providing a complete picture of a user’s financial life. It is an easy-to-use, effective all-in-one resource for keeping track of spending, creating a budget, monitoring bank accounts, receiving reminders on due dates of bills, and more. All of these can be conveniently done through a single app, rather than having to log in to multiple sites or software.

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You Need a Budget

Those who are already in debt should look into downloading and using You Need a Budget (YNAB). The app “forces” users to live within their means, and avoid living from paycheck to paycheck in the long term. Should the user get off track, YNAB’s accountability system can help in balancing his or her budget.

Quicken

A comprehensive personal finance app, Quicken contains a lot of features and can be linked with a desktop software so that data can be synced from mobile devices to the computer’s hard drive. The app’s reports tools also include spending graphs that provide a visual illustration of how the user can optimize his or her spending and saving.

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Janus Technologies Senior Operations Executive Arnon Dror is passionate about teaching people personal finance management. Read more about the subject by following this Twitter page.

How to prepare the business for digital disruption

Digital technology and advancements like artificial intelligence (AI) are already taking over the world, changing nearly everything people are accustomed to. Is your organization ready for these big shifts? Here are some ways to gear up and prepare your employees, stakeholders, and the company as a whole. 

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Create a digital path for the business 

Did you know that about 90 percent of CEOs know that digital technology is affecting their industry, yet less than 15 percent of them are digitally transforming with a clear plan? Beat the competition with a strategy that promotes innovation but is highly practical and doable. Work in an agile way and recover quickly when you fail. 

Re-tool your people 

Prepare your workforce with the key technical and soft skills of the future. Make sure your talent base has the right knowledge to support your digital transformation, adapting in the name of business operations as well as customer welfare. 

Build a company culture geared for the future 

Create a culture that supports digital transformation with everyone is committed to meeting the challenges of the growing digital economy. Ensure that every employee understands the risk and opportunities ahead, the business strategy in place, and how they can be retooled and re-equipped with relevant skills. This will start with the leadership, from the CEO to senior managers to team leaders. 

Revisit the leadership 

Revisit your leadership development programs to check if leaders are self-aware, such that they aren’t blindsided by emerging risks,and they can sense the obvious trends that will impact their business success. 

Listen more closely to the customer 

Now more than ever, it’s important to survey customers and ask them what they like about the brand or what can be done better, and what services they would like to see being offered. Explore online tools for soliciting feedback. Your customers will be a major advocate and can act as a testbed for ideas for the future. 

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ArnonDrorleads 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, clickhere.