{"id":3477,"date":"2018-03-07T06:06:54","date_gmt":"2018-03-07T11:06:54","guid":{"rendered":"http:\/\/flevy.com\/blog\/?p=3477"},"modified":"2018-03-05T17:11:58","modified_gmt":"2018-03-05T22:11:58","slug":"three-business-processes-to-streamline-your-company","status":"publish","type":"post","link":"https:\/\/flevy.com\/blog\/three-business-processes-to-streamline-your-company\/","title":{"rendered":"Three Business Processes to Streamline Your Company"},"content":{"rendered":"<p><img decoding=\"async\" class=\"alignright size-medium wp-image-3478\" src=\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2018\/03\/pexels-photo-669615-300x198.jpeg\" alt=\"pexels-photo-669615\" width=\"300\" height=\"198\" srcset=\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2018\/03\/pexels-photo-669615-300x198.jpeg 300w, https:\/\/flevy.com\/blog\/wp-content\/uploads\/2018\/03\/pexels-photo-669615.jpeg 528w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>Managers are always looking for ways to make their teams more efficient and achieve more in less time. The world of business is faced paced, and clients demand quick turnarounds and a \u2014\u00a0sometimes unachievable \u2014 pace of progress.<\/p>\n<p>As such, many companies are turning to new and improved process techniques to streamline their business, across all their key functions \u2014 accounting, sales, HR and recruitment, and team communication. By introducing new ways of working, companies can make their teams more effective and get more work done. If you\u2019ve been searching for new processes to reduce the time between action and deliverable, here\u2019s just a few of the ways you can do this:<\/p>\n<p><strong>The use of digital platforms for team communication<\/strong><\/p>\n<p>Increasingly, businesses are adopting the use of social media tools such as Slack, Yammer and even WhatsApp to improve communication streams. These innovations can be particularly impactful if you have offices globally, or even nationwide.<\/p>\n<p>By having open dialogue between team members, it reduces the need for formal meetings (which often take longer <a href=\"https:\/\/meetingking.com\/how-long-should-a-meeting-be\/\">and cost more<\/a> than they need to) and ensures that teams from different markets stay in the loop with what\u2019s happened in offices across the world. These platforms are also an ideal place to announce company-wide news.<\/p>\n<p><strong>Automated recruitment software<\/strong><\/p>\n<p>Hiring the right applicant is crucial for the success of a business, and so there\u2019s no automated process developed that will out-perform a person-to-person interview. However, you can use certain software in the early stages of recruitment to screen out applicants who don\u2019t fit your desired criteria. For instance, rather than tasking an HR member to read through countless resumes and job applications, you can use artificial intelligence (AI) technology to scan these documents for the relevant words and phrases you\u2019re looking for. The rise of AI will continue to be a <a href=\"http:\/\/www.sage.com\/za\/business-resources\/essential-reading\/top-global-startup-trends-to-watch-out-for-in-2018\">big trend in 2018<\/a>.<\/p>\n<p>Even the face-to-face part of the recruitment process can be streamlined by <a href=\"https:\/\/www.inc.com\/guides\/201103\/4-tips-for-conducting-a-job-interview-using-skype.html\">using online video software<\/a>, such as Skype, to conduct early interviews. Indeed, when it comes to making a final decision, you\u2019re probably still better off meeting in person to get a real gauge of the candidate\u2019s persona and presence.<\/p>\n<p><strong>Online payment solutions<\/strong><\/p>\n<p>It\u2019s hard to think back to a time before online banking, and certainly its introduction has made handling business payments indescribably smoother. Small to medium businesses \u2014 with a solo accountant in charge for all incomings and outgoings \u2014 have benefited in particular.<\/p>\n<p>Artificial intelligence and automated services can also streamline your workload in this area \u2014 and remove the risk for human error where numbers are involved\u00a0\u2014\u00a0so it\u2019s worth investigating new developments if your current finance procedure is sluggish.<\/p>\n<p><strong>Why the need to streamline?<\/strong><\/p>\n<p>Business is now a 24\/7 affair \u2014 as companies continue to expand into new markets, it\u2019s likely you\u2019ll have clients from time zones all over the globe. The sleeker you can make the running of your key functions and day-to-day activities, the more time you\u2019ll have to nurture your existing client base and drive business development forward.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Managers are always looking for ways to make their teams more efficient and achieve more in less time. The world of business is faced paced, and clients demand quick turnarounds and a \u2014\u00a0sometimes unachievable \u2014 pace of progress. As such, many companies are turning to new and improved process techniques to streamline their business, across&hellip;&nbsp;<a href=\"https:\/\/flevy.com\/blog\/three-business-processes-to-streamline-your-company\/\" rel=\"bookmark\"><span class=\"screen-reader-text\">Three Business Processes to Streamline Your Company<\/span><\/a><\/p>\n","protected":false},"author":17,"featured_media":3478,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[82],"tags":[],"class_list":["post-3477","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-operations"],"_links":{"self":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/3477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/comments?post=3477"}],"version-history":[{"count":1,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/3477\/revisions"}],"predecessor-version":[{"id":3479,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/3477\/revisions\/3479"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/media\/3478"}],"wp:attachment":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/media?parent=3477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/categories?post=3477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/tags?post=3477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}