The use of digital technology has become so important in business today more than ever. It is a powerful tool that helps businesses reach out and connect more with their target audience. In addition, using the latest technology is an effective way for owners and managers to achieve their goals.
In running a franchise business or any business for that matter, experts recognize that the hardware is as important as the software. The computer, both desktop and laptop, plus the mobile devices such as the tablet and smartphones are vital in keeping files, creating reports and issuing receipts. The software applications also play a major role particularly in analyzing statistics and easing up the tasks of business owners.
Thanks to the numerous apps that have been developed, managers and owners are able to free up their time and focus on the more important aspects of running their business. We share some of the most useful here which you should definitely consider. They cover tasks such as keeping track of your budget and expenses as well as the time spent on tasks by your employees.
This is a paid app works like your personal accountant and as such, is best for monitoring expenses and savings. It is capable of scanning a user’s credit and debit charges for possible errors and unauthorized transactions. An added feature is the ability to analyze spending and provide savings alerts.
Billguard’s analytics helps compare spending across all accounts with the prior month. It works for both iPhone and Android and the one-time charge lets you manage up to 10 accounts.
This is another app useful in managing expenses and now used by an estimated one million people. But other than that, its major advantage is being able to scan and upload receipts easily.
An additional feature is the ability to file receipts for every trip and submit expense reports to employers with a simple click of a button. In fact, Expensify has achieved great success for being able to process more than $2 million in expenses on a daily basis.
When it comes to storing and updating documents, the Google Drive is highly recommended for small businesses. It allows sharing and editing of files without having to send and return the document. It is also accessible via the PC, tablet and smartphone.
Being a full cloud drive, it lets users store files up to 5GB via a virtual drive app absolutely free of charge.
The Square app developed by the creator of Twitter is most useful in franchise businesses in that it allows managers and owners to accept credit card payments using only the smartphone or tablet. No registration or monthly fee is required but the service takes 2.75 percent of every transaction.
As its name suggests, this app for Android use only utilizes voice commands and helps you monitor and bill work hours. It also works by recording off-work hours.
About the guest author:
Peter Bowman is a professional blogger that provides tips and information on franchise opportunities you should invest in. He writes for Franchise Expo, the place to find the best franchise opportunities available.