As the modern world progresses and there are more buttons to press, applications to download, and screens to stare at, there are either those business owners who resist this digital era or those who embrace it with open arms.  While there are certain benefits to doing things manually, in the long run, the benefits far outweigh the cons when it comes to your business depending on technology.

Here are some of the reasons why you should consider embracing technology more in your daily business routine.


Less Risk For Human Error

Even the most organized and efficient of human beings can make a mistake.  Human error is part of being human.  Since we are not programmed with microchips with an internal calculator, sometimes when it comes to running large equations and accounting you are better off leaving it to technology.

Something that may take a person 30 minutes to complete can take a computer as little as 30 seconds.  Therefore, even though considering running your business admin on a digital platform may seem like a big investment, in the big picture it saves you money on employee wages and lost time.  Consider the time that you are saving in the long run.  When it comes to business, time equals money.


Makes Accounting Easier

If a customer has a question about a payment or perhaps something just isn’t adding up, accounting software can make it possible to jump straight to a specific cell via search term.  Rather than scrolling through pages and pages of pencil written entries, technology gives us the luxury of finding something immediately and identifying any errors.

Since any accounting program has the ability to add sums for you, there is no need to pull out your calculator anymore.  All it takes is some basic Excel formula knowledge and bookkeeping becomes pretty much autonomous.


The Convenience of Remote Viewing / Working

Having a shared company network means that if you want to work from home one day you can still access all of your files and communicate with your team back at the office.  This is extremely convenient for times that you are abroad, or even ill in bed but still have pressing work to get done.

As a business owner security also becomes much more convenient since applications which allow you to remotely view your security cameras makes it refreshing to know that you can check in on your business from anywhere at any time.


Better Organization

Rather than shelves full of binders and papers an office with a clear space with everything stored digitally has a much cleaner feel.  Rather than digging through drawers and high shelves, you can find something with the click of a mouse.

By Chakraborty

Dr Chakrabarty is the Chief Innovation Officer of IntuiComp TeraScience. Earlier she was Assistant Professor of Delhi University, a QS ranked university in India. Before that she has held research positions in IIT Mumbai, IIT Chennai and IISc Bangalore. She holds 2 patents and over 20 research publications in her name which are highly cited. Her area of research is in smart technologies, integrated devices and communications. She also has a penchant for blogging and is an editor of Business Fundas.