Improving your work processes is easy with the right small business software.
The old adage “Work smarter, not harder” is especially good advice for small businesses. The more benefit you can derive from each action you perform, the better. In order for your small business to thrive you need to get maximum output from often minimal resources. This is where system like Stockpile, small business software for inventory management, can help. In a previous post we talked about ways that process improvement can save you time. Today we will discuss the ways that it can also save you money.
The most obvious money saving stems from the time you save. Particularly if you have hourly employees, saving time equals saving money. In this situation it’s very easy to see the dollar amount saved by doing things faster. Even if all of your employees are salaried (or you are your only employee) time saved can equal money earned when it frees you up to focus on other revenue increasing aspects of your business. That's exactly why our small business software, Stockpile inventory management, was designed to be flexible and easy to use. The whole intent of our small business inventory system is to save time. Time isn’t the only way that process improvements save you money.
Lost information can equal lost revenue. If you have an outstanding invoice that you can’t put your hands on, how are you going to get it paid? Lost the receipt for an item you’d like to return? You may be stuck with it, or end up taking a loss because you aren’t able to get a full refund of your purchase price. Even small discrepancies can be a big hit to your small business. Improving your organizational skills can ensure that you can find whatever you need, whenever you need it. Even if you have to invest in shelves, filing cabinets, or software to get yourself organized you will save money in the long run.
If only I’d known….. Have you ever looked back on a decision and thought to yourself, “If only I’d known X, I would have done things differently.” Of course, we all have. Sometimes that regret is a small thing. If only I’d known it was going to rain I would have brought my umbrella. No worries, you’ll dry out and life will go on. In business, that regret can be a much larger issue and often it can turn into something that affects your business for years to come. Organizing your critical business data so that you can have the clearest possible picture of your status will empower you to make better business decisions on a daily basis.
Stockpile is an intuitive, easy to use inventory management system. Using small business software will give you a clear view of what your business has, and where it is. Whether you have one location or a dozen, you and your employees will be able to quickly and easily access your inventory data when you need it. No more wasting time calling from one location to another searching for items. No more wasting money reordering items that were overstocked in a satellite location or missing out on sales because you didn’t realize that you had the desired product on hand to give a customer. Improving your processes will save your small business time and money and Stockpile can help.
