Communication technology has transformed the way the globe conducts business in the world today. Companies today use web cams, cellphones and the Internet to connect and communicate with their clients, branch offices and customers. This trend was unheard of until a few years ago but with the development of science and technology even businesses have grown drastically. Technology has made business more accessible and simple to business owners especially those that have small establishments.
The use of technology in business functions
Esteemed entrepreneur and real estate professional Sassan Kimiavi says that when it comes to the use of technology in business, it has the ability to save a lot of money financially. It allows both small business houses and large corporations to save money. You can now complete expensive tasks at the click of a button. Small businesses are in a better position to compete with larger organizations in the global market. VoIP technology or voice of Internet protocol allows you to place long distance calls at a much cheaper rate. Now correspondence is also cheaper and you can easily correspond with letters and documents from one location to another. Earlier you had to use a messenger or a postal service. The email has now removed the need for you to transport hard copies to far- away places. Most of them are free now.
Increase the speed by which you do business in USA
The use of technology in business communication has increased the speed via which business is conducted. This is beneficial for companies that conduct business with clients and customers in locations that are far away. They do not wait for days for the documents to be delivered by colleagues of foreign nations and they exchange files in a matter of a few seconds over the Internet. The speed of business communication has benefitted interpersonal communication and people need to plan conferences for individuals that sit in separate locations for meetings. Now, parties are able to convene meetings from their specific locations because of telephone and video conferencing technologies. In the past, the costs of planning conferences were also very high and with the advent of technology the above now has become a thing of the past.
Information technology has a deep impact on business deals and operations
Information technology also has a deep impact on business dealings. It benefits the business and allows companies to work effectively to maximize productivity. You are able to receive faster communication, protection of vital and important records and electronic storage of documents. Information technology should be incorporated in the organization for its convenience and speed.
Sassan Kimiavi says that information technology allows you to conduct automated processes in a shorter period of time. It has the ability to improve the efficiency of your company. It helps in taking off responsibilities from your staff and employees are free to work on other things while the computer runs their reports. The computer is able to track queries, reports, finance and projects faster.