Fancy £6,500 For Your Business?
2nd November 2023
As a business owner, you know that you need an accountant and a solicitor. You probably also have a marketing expert you turn to when required. But do you have a web developer or software engineer on call? If not, you probably should.
Software is at the heart of every business and how efficiently you use that software can have a massive impact on your business, both in terms of customer perception and employee productivity.
So, how can software make you money?
Have a think about your employees’ typical day. How much time do they spend on repetitive tasks that could easily be streamlined?
Here we share how we could save you thousands of pounds a year by developing custom software for your business.
Example 1:
Each Friday, your accounts department spend the morning running through all the jobs that have finished that week, they then create an invoice and send it to the customer.
Time taken: 5 hours @£14ph
What if instead you had a job tracking system that automatically generated and sent the invoices direct to the client when the job is marked as complete?
Time saved: 5 hours
Money Saved £70 Over the course of a year, this equates to a saving of £3,640.
Example 2:
Each Monday, employees hand in their timesheets to the front office. Front office staff then spend the most part of a day entering these into your payroll software.
Time taken: 6 hours @11ph
What if instead your employees could enter their timesheets online into a system that automatically ties into the accounts package you use? The result is that front office staff now spend just one hour approving timesheets.
Time saved 5 hours
Money Saved £55
Over the course of a year, this equates to a saving of £2,860.
These two examples demonstrate how your business could save £6,500 just by making these two simple tasks more efficient.
Imagine the potential if this approach was adopted business wide.
Example 3:
Each week you download production logs from each of the machines on the shop floor. You then collate all this information into a spreadsheet, tidy up the columns, and generate a production report for the week.
Time taken: 4 hours @£20ph
What if instead we developed software that could pull back this information in real time and automatically generated the reports for you? Total saving £4,160 AND you now have real-time production reporting instead of having to wait until Friday’s report is manually generated.
How much money and time could you save if you were able to spot a potential production disruption before it happens? Not to mention customer retention and perception… priceless!
Conclusion
Many business owners think of software as a cost, but the correct software can be a huge asset to your business saving you thousands of pounds a year.
Could your business benefit from automating repetitive processes, increasing efficiencies, and protecting projects? If so, get in touch today to see how our team can help, or to arrange a FREE business review whereby we will identify potential areas for savings.
