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When it comes to doing well in business, having the right tools is crucial. As organizations gear up for 2024, it’s all about using the best technology to help different parts of a company—like training people, making operations smoother, and working better with clients.
Things have been changing fast in the business world, and to stay on top, companies need to change too. The start of 2024 is a big chance for businesses not just to adapt but to shine, using tools and tech to deal with the challenges of the modern world. Departments in companies don’t work alone anymore. They’re all connected, so having tools that can work together across the whole organization is extremely important.
2024 is asking for a big change—a move to smarter tools that can change how a company does everything. From using smart tech to make work easier to better ways of working with clients in real time, businesses need tools that match the different things they need to do.
The tools discussed in this article are not only focused on one part of a company—they can change how the whole organization works. These tools promise not just small improvements but big leaps forward, helping businesses stand out in the busy world of 2024. What are these tools that companies will need to start 2024 with a bang?
Reimagining L&D Programs
Most organizations overlook the value of L&D but one company is changing the way companies see L&D. Growthspace isn’t a typical L&D provider—it’s a dynamic solution offering a wide spectrum of customizable programs, scaling effortlessly to diverse organizational needs. What distinguishes Growthspace is its laser focus on personalization, boasting an impressive 95%+ accuracy in matching experts with participants via a vast network of 2,000+ global professionals.
Its unique sprint model guarantees over 95% completion rates, yielding tangible results. Departing from traditional methods, Growthspace measures impact through a data-driven approach, showcasing precise ROI correlations between employee growth and business triumph. With high-profile clients like Siemens, Microsoft, EY, Deloitte, and more, their programs have delivered a 5%+ boost in business performance, a 10% attrition reduction, and a remarkable 30% increase in promotable employees—solidifying Growthspace’s pivotal role in shaping organizational success through L&D.
Making Finance Management Cost-Effective
Accounting is one of the basic building blocks of any organization and sometimes this becomes a financial blockage when it comes to overhead expenses. FreshBooks has evolved from its origins as invoicing software into a leading small business accounting solution. Its core strength lies in personalized invoicing, allowing users to create and send professional invoices while facilitating seamless payment collection through channels like credit cards, Stripe, PayPal, and Google Checkout, accompanied by a 2.9% + $0.30 transaction fee.
The platform also excels in streamlining expense tracking by connecting bank accounts or credit cards, eliminating manual spreadsheet work, and automatically capturing receipt data for cash payments. Additionally, FreshBooks integrates time-tracking functionalities, providing insights into team productivity and accurate client billing based on hours worked. Moreover, its comprehensive reporting tools offer various financial insights like expense reports, profit and loss statements, balance sheets, and sales tax summaries via an intuitive dashboard.
Streamlining Workspace Organization
Organizations are not strangers to organizational chaos—especially at a time when all they do is add more and more apps, tools, and solutions to their toolbelt. Fortunately, Shift is the ultimate workstation tailored for highly productive teams and entrepreneurs seeking enhanced efficiency in their workflow. With Shift, users gain centralized control over their apps, extensions, social media accounts, and email hosting providers through a visually appealing desktop application.
It’s a game-changer in the realm of productivity software, revolutionizing work processes by consolidating all essential tools and activities into a single, easily accessible interface. This innovative platform ensures that everything a user needs to accomplish is right in front of them, simplifying multitasking and streamlining operations for seamless, uninterrupted productivity.
Maximizing Employee Management
For HRs having a lot of employees can be a nightmare and this is true all the more when it comes to managing their payroll and benefits management. Gusto stands out as an exceptional platform offering comprehensive payroll services alongside additional functionalities such as benefits management and meticulous tracking of paid time off (PTO).
It serves as our go-to solution for these critical services and facilitates hassle-free vendor payments, leveraging its automatic processing for 1099 paperwork during tax season. This versatile platform not only ensures seamless payroll management but also extends its capabilities to efficiently handle other crucial aspects of business operations, making it an invaluable asset for our organization.
