Digital transformation is business transformation. Most of us have been transforming our businesses, with a focus on continuous improvement, for years. However, this new digital revolution is significantly boosting customer engagement and operational efficiency if the systems are implemented right.
Business transformation is shaped by the following factors:
- Technology Innovation
- Customer Demand
- External Factors
Disruptive technologies like cloud-based software have become landmark global innovations. The cost and the risks associated with transitioning your business to this type of software is very low in comparison to years gone by. Most of this software doesn’t even require a contract and you will always have the most recent version! Yet many Australian businesses and their owners seem slow to move and are very resistant to the required change.
It is true that many business owners have moved to cloud-based accounting programmes like Xero, MYOB AccountRight and QuickBooks Online but what about the multitude of add on software available now? Software that perfectly integrates with this cloud-based accounting software for project management, rostering, recruitment, human resources, automated marketing, sales and events management to name but a few applications.
These new platforms are all developed for the purpose of significantly improving efficiency, productivity, and profitability in your business? So what are you waiting for? Bring along your age-old spreadsheet and clever new companies will show you how to systemise your intellectual property in the form of add on software.