Company management is a very important element to increase team productivity and have more control over daily activities. Also known as business management, it is a set of strategic actions applied to an organization, using financial resources, structural and human.
This management system must be designed to contribute to the growth of a sector or the entire organization. And with the advent of technology, management has become even simpler to be done. However, according to a SEBRAE survey, 25% of Brazilian companies go bankrupt due to bad administration or lack of management in the company.
To avoid problems with the administration of your business, see in this text how business management can be a great ally to increase team productivity.
How management helps with team productivity
In addition to administrative activities, business management is responsible for controlling cash flow and even delegating tasks to its employees. And the software helps a lot in administration, as they allow easy and quick access to different company information, speeding up decision-making by managers.
Another important benefit of management software is the lesser time spent on bureaucratic tasks, helping the team to carry out other productive activities. These characteristics help productivity, as it is possible to define what each employee should do, keeping the team focused on doing what it is most capable of.
Some management softwares are essential for companies, such as:
ERP
This type of software is known as ERP (Enterprise Resource Planning), which allows quick and easy access to inventory, sales, productivity, and other data. With ERPs, it is possible to analyze all company data, enabling the diagnosis of problems, streamlining actions and solutions. Once you have this information, it is much easier to create a strategic plan for the company's goals, functions, and objectives.
Financial software
Financial management software shows all the information about cash flow and about what goes in and out of financial resources. These functions allow the entrepreneur or manager the financial investment possibilities of the business, whether in the purchase of materials or in the hiring of new employees.
File storage
File storages allow you to create virtual folders with files that are shared to other people. The great advantage of this tool is the ease of obtaining this information, due to its storage in the cloud, which allows access from anywhere.
CRM
CRM (Customer Relationship Management) software allows managers to have all the data on the company's customers and leads, streamlining the production of other activities. With this easy and detailed access, the team will be able to know which lead can become a customer and enables the development of actions to approach that person.
In addition, CRM allows the company to know how to sell more and in a qualified way to customers, helping with loyalty and after-sales actions.
Invest in business management
Business management is very important for the administration and growth of the company. That's because this activity is responsible for controlling everything that happens in the business.
With a management system, it is possible to delegate tasks to employees, showing what each one can do and devoting a good part of their time to what is most productive.
In addition to task delegation, another advantage of having a management system is the control of cash flow, allowing the entrepreneur to have access to all information about what enters and leaves the company.
And with the management softwares, everything can be done easily and quickly, reducing the time with bureaucratic activities and dedicating more time to productive actions, helping the team's productivity and the company's growth.
This article was written by Mateus Portela, Press Officer for Marketing for Industry.