Pub 2 2022 Issue 6

Every business in America is dealing with the challenges of inflation. However, few think of technology as a means to help fight the impact. Below is a simple list of things every business can do to fight inflation with technology. 1. Inventory your software/applications. Too many businesses are paying for subscriptions or maintenance on software that isn’t necessary or is a duplicate of other software in the organization. This inventory should also include verifying the number of licenses versus the number of users. 2. Train your team on the technology you have. Many businesses do not fully leverage the capabilities of the technology they have in place, from software to mobility, scanning and printing efficiency, to even the proper utilization of a laptop. Making sure your team knows how to do things well creates efficiencies, reduces risk, and sometimes reduces the number of people required to achieve the same outcomes. 3. Focus on stability. Over and over, we hear about how bad technology leads to frustrations and even turnover of good people. You work too hard to find and train good people, and turnover is extremely expensive. FIVE WAYS TO By Thomas H. Douglas , JMARK Endorsed Vendor FIGHT INFLATION With IT 26 | The Show-Me Banker Magazine

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