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5 Ways to Increase Your Company’s Efficiency

5 Ways to Increase Your Company’s Efficiency

You want to increase your company’s efficiency, but you aren’t sure where to start just yet. The following are five things you can change so that your company runs a bit smoother.

The Face-to-Face Meet

One thing you should work on is establishing a face-to-face preference at work. Some people might think emails and text messages work great, but these can also promote delays because people don’t always respond to emails quickly. These types of messages have their place, but if you want to promote efficiency, then the best thing to do is to encourage face-to-face meetings.

Now, these meetings shouldn’t rob your workers of precious time, so don’t schedule them every day but every so often, especially when working on a big project. This works even when some of your workers are not in the office because of tools such as video conferencing. You could also try voice conferences if some of your employees don’t have access to reliable internet while traveling.

Improve Payment Processing

Another big change you might want to make involves payments. If you haven’t updated your payment processing to include cards and chips, then start there, but there’s much more to worry about. For example, some money processing companies won’t work with high-risk businesses, which could slow down your efficiency.

Money flow, especially when that flow is reliable, allows a company to flourish. If you’re stuck with collecting issues, then everything slows down. There are a few companies out there like ACH processing that try to make it easy to process payments even for high-risk companies. Once you have more control over your cash flow, it’ll be easier to invest in other internal changes should you need them.

Invest in Task Management

You should also invest in reliable task management software as these types of programs help track employee task progress and share it with supervisors and colleagues. This is a form of communication, and no one has to wait for an email to continue working.

The software not only shows progress but also keeps everyone on task since they know they are being tracked. Now, it might seem like you don’t trust your employees, but this benefits them in various ways. It’s vital to point out that progress tracking makes it easier for employees to demand raises or promotions since their efficiency is recorded for them.

A Bit of Peace

A company that is serious about efficiency needs to encourage a little peace at work. For a long time, some companies encourage working no matter what, thinking productivity is all that matters, but this is a mistake. Working without giving employees a chance to breathe causes all sorts of issues. For one, it encourages low productivity, which fails to produce quality work.

You only get one chance to impress your customers, and they can tell when they’re given low-quality products or services. So, it’s important to make sure each employee gets enough breaks throughout the day and that you introduce robust vacation packages for employees to take advantage of. This will ensure they come back recharged and ready to keep working for you. You could even talk to your workers to see what they might like, which shows that you care.

Encourage Feedback

No one knows the details of each task more than your employees. You need to recognize this and use that to your advantage by encouraging open communication within your company. Ask your employees to give you feedback and suggestions.

You don’t have to consider everything, but some of these comments or suggestions could help improve efficiency. Your employees want to do a good job as much as you and may see gaps you haven’t caught just yet. Let everyone know when an employee has a good idea that you’re acting on so that more employees are encouraged to help and share their ideas.

You’ve got five new and simple ways to improve your company’s efficiency, but there could be other steps you can take. You should also see what your competitors are doing to improve things. You can use what you like, and figure out what else might work for your business.

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by Samantha Higgins // Samantha Higgins is a professional writer with a passion for research, observation, and innovation. She is nurturing a growing family of twin boys in Portland, Oregon with her husband. She loves kayaking and reading creative non-fiction.

Opinions expressed by contributors are their own.