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Technology in Business - Complete Controller

It is important for the owner of a firm or a large-scale manufacturing organization to keep a close eye on the evolutionary change in business trends. This is particularly important in the era of globalization, where completion is becoming an essential part of the business model. Adaptation of a few business trends can prove too fruitful for the organization, as they have been a source of curbing expenses and real-time portfolio management. Another aspect is the firms may not have budgeted such influx into their business operation. A certain percentage must be provisioned or buffered into the budget to absorb any capital expenditure. Check out America's Best Bookkeepers

Advancement of the technology in business software applications has made the lives of management easier when it comes to decision-making. Technology makes it easy to predict multiple tangents and scenarios on a real-time basis. Most of the application software has embedded artificial intelligence. Based on the chronological pattern of pre-consumer buying behavior, the software can predict the post scenario. Furthermore, many modules and soft business wares have inter-compatibility and can be easily interfaced with each other. Even if this might not be the case, the data from different modules can be extracted to a data mart, and then the core MIS engine can run diagnostics and various reports. The telecommunication industry uses Geolocation and Geofencing to provide their consumers with extraordinary services, such as their nearest POI (Point of Interest). These two features are already part of the business application that warrants GPS (Global Positioning System), such as navigation systems in automobiles. Check out America's Best Bookkeepers

Many organizations have adequately utilized the platform of android application and come up with their own mobile applications. These platforms help sustain their existing market shares and provide their consumers with a unique and enhanced experience. Many social media giants and search engine experts have come up with various algorithms that can track the movement of the consumers, which facilitate the organizations to beef up their existing market. In some organizations, the impact has been substantial, as such technology advancement has led to an unnecessary cut in cost and simultaneously increases the revenue. Similarities and habitual consumer visits while computing consumer-buying behavior have reduced repetition in customer service, rid unwarranted paperwork, and predictive scheduling.

Large-scale corporations allocated high expenses toward the advertisement, promotional material, and media buying in the traditional era. For niche product segments, such corporations stick to this preferred methodology due to their legacy and cultural heritage. Check out America's Best Bookkeepers

However, FMCG and retailers have effectively utilized social media to market their products and run time-bound promotional offers. Furthermore, with the help of social media, the customers have started developing community-based marketing campaigns that only create awareness and provide participation-related incentives. Due to community-based marketing, some organizations have segmented their target market into small communities. Since running banners and advertisements on social media websites are less costly, the outreach of these firms has amplified two-fold. The content, which once appeared to be serious and brand conscious, is no longer serious. The literature is casual and captures the attention of the audience of all age groups.

In addition to the abovementioned scenario, organizations are now involving third-party management consulting firms to conduct research and studies. It implies that organizations are now seeing how important social learning is. In this process, the organization views competitors as peers and as a source for identifying gaps.

In this era of globalization, the consumers buying behavior is complex and sophisticated. The end-consumer takes thorough research before they purchase any items, as they are exposed to an array of the product suite. They research the organization by thoroughly going through their websites and reading their online reviews. The top management of the organization needs to make the customer experience enriching for the target audience. Focus on personal and interactive experiences, as it will give an idea to the professional marketing executives.

Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers
New Technology Development in Banks - Complete Controller

The S-Curve is traditional art used in a number of fields by start-ups and other companies, which focus on technology and innovation to produce products. The s-curve illustrates that newly introduced technologies seek issues to meet the user’s demands. Consequently, it develops gradually to attain those expectations.

The introduced technology takes a dominant place, and the previously introduced technologies go into a decline. The S-Curve determines the difficulties that firms can address in a technological life cycle. The technological advancements introduced in the following case aim to improve the current customer service system’s efficiency level within the banking industry. Check out America's Best Bookkeepers

From the banking industry perspective, the bank can use the small branch of Instagram to increase customer convenience and reduce the time consumption of customer service employees. The following system can also be used to omit unproductive activities, which can increase and enhance performance and save time and money.

It can increase the innovation and advanced technological system in the company’s operations. Furthermore, the small branch on social media can be used to conduct some advertising activities. Firms resort to advertisement and promotions by using various platforms of social media. Social media has become a great, cost-efficient way to market your company and brand. To market their products and services, organizations leverage social media usage, which is becoming an increasing trend. Firms can seek more traffic using this platform as compared to other advertising mediums, including print media, Television, and others. Check out America's Best Bookkeepers

A declining position is also examined in s-curve to maintain a technological innovation. The decline demonstrates that technological innovation can be postponed. Therefore, it is important that previous technology should be integrated with the new ones. The technology introduced by the bank in terms of small bank branches can be referred to as a mature technology, as today social media websites have many visitors, and it is used almost everywhere in the world. However, the following innovation in the company’s technological structure will decline if the company does not properly focus on updating this system and bringing consistent innovation.

The S-curve can be used to suggest possible improvements in processes and technologies for the progression. However, several problems can be addressed while initiating the technology. Within the context of the selected case, these setbacks can be in terms of improper information provided through the small branch, which could dissatisfy the customer and increase employees’ time consumption to provide service to each of the customers. Therefore, it is important that the information should be properly updated, and employees should use innovative advertisements to use the following system. Check out America's Best Bookkeepers

Time-based Process Map

Furthermore, it can also be used to implement technological improvements to enhance its productivity, and the management can generate higher sales and enhance the bank’s profitability and reputation in the market and in front of its customers. However, certain limitations can also be addressed with the application of S-Curve. Through the S-Curve, it can be demonstrated that a thin line between the beginning of technological improvements and the implementation phase can address certain issues for the management to implement the planning into practice. There is very little distinction between the implementation phase and the initiation phase. Therefore, the S-Curve is limited in managing the improvement expectations.

It has been determined that many of the employees are included in the communication to provide information to each customer.

Conclusion

Thus, it can be concluded from the above study that management can address technological improvement by employing the use of the small branch Instagram, which was mainly aimed to attract customer traffic through the social media website.

Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers
Cash and Retail - Complete Controller

Consumer habits have changed with the introduction of technology. Customers now demand more speed, closeness, and personalization when making purchases online and receiving them at home. With COVID-19 plaguing our country, e-commerce has exploded! Businesses that did not offer e-commerce options are now utilizing this option. The growth of e-commerce is having an undoubtedly transformative effect on our purchasing behavior. How a company utilizes, this platform is the key to its prospering.

This article will analyze changes in industries due to e-commerce in relation to creative directors, advertising experts, distributors, data experts, and retail entrepreneurs. Check out America's Best Bookkeepers

Unite the tradition of luxury with the ‘millennials’

John Hooks, an expert in fashion and retail and the former president of Giorgio Armani and Ralph Lauren EMEA, once said, “The fashion and luxury industry is very relevant because we deal with things that people do not need, our job is to create the desire for consumption.” This can be a challenge because consumer habits have changed alongside improving technology. Hooks goes on to say, “In the area of ​​luxury and fashion, there is a growing gap between hyper-connected and hyper-efficient consumers and offline retail, which is not keeping pace.”

Advertising desirable?

“We are moving towards a world where we have to know the consumer better than ever before,” says Vanessa Prats, sales director for Spain and Portugal at Procter and Gamble. There is one thing we already know about most consumers: they are becoming fed up with advertising. We live in a world of quantity above quality, with massive amounts of content being thrown at us every day. Digitization provides us with many opportunities; however, the challenge is not to replicate the mistakes of the past. Check out America's Best Bookkeepers

Reinventing the store concept

One key aspect of retail to consider is the purchase process. Electronic commerce is becoming something mechanical. What is happening is that e-commerce takes a part of the customer experience that was routine and transfers it to the online world. Due to people visiting a physical shop less, the overall experience has become more enjoyable and savored. We often forget that we are experiential animals. So, technology must be a vehicle that facilitates the improvement of the experience in physical points. Incorporate technology into your physical store through an updated cash register or digital personal stylist. However, you want to avoid the risk of going to the extreme and over-filling the store with technology.

New payment experiences

There is life beyond cash and card, but do consumers know this? David Alonso, director of B2B of Samsung, assures that “For other methods of extension, consumers have to assume some advantage with respect to the card.” We must lose the fear of the unseen regarding mobile payments and remember that this form of payment is safer than cash.   Check out America's Best Bookkeepers

The time to receive the purchase at home

Behind the click lies the world of delivery. New purchasing systems have forced businesses to radically change their purchasing process. The pressure that comes with this is nothing to laugh about. Failing to efficiently and simply guide a customer through the purchasing process affects the store and the customer’s returning business.  

Getting the customer to buy again

Some of the reasons are:

  • The social study of how we interact and what encourages us to talk with people. Conduct some research in your store. What are your customers’ interests? What are their demographics? What are some talking points that will leave a lasting impression?
  • Incorporate human elements into the user experience. These facilitate interaction.
  • Have incentives for your customers online, such as unlocking items by paying an annual fee.
Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers
Online Banking - Complete Controller

Technology has changed the way we function. It has modernized everything, and banking is no exception. Through online banking, you can now access your accounts through a cell phone or a computer. Online banking or internet banking is an online payment system that allows the customers of a financial institution or a bank to conduct a wide range of financial operations through the bank’s website.  Online banking has revolutionized the way financial transactions are being conducted today. It is much more convenient and easier than its post-technology counterpart, branch banking. Through online banking, banks have reduced costs as online banking only has a virtual presence.

Thanks to online banking, now you don’t have to visit the bank in person and wait in painstakingly long lines. You can access your account through your cell phone and carry out all your important transactions while staying in the comfort of your own house. The advantages of online banking don’t stop there. Here are seven things you can do via online banking. Check out America's Best Bookkeepers

Pay Bills

You can pay your utility bills through your cell or your computer thanks to online banking. This saves you both time and energy that you would have otherwise wasted with a trip to the bank. You can even access all your payment history for each account you pay through online banking.

Make Deposits

Through internet banking, you can deposit checks by simply entering the amount on the check and taking a picture of both the front and back of the check through a secure app. The app will use the phone’s camera, but these photos will not be saved on your phone for security purposes.

Research Your Payment History

You can search your payment history for any specific payment transaction. Not only is this easy, but perfect for times when you lose track of your bill and want to check when was the last time you made a payment. Check out America's Best Bookkeepers

Review Your Account

You can review your account balance and activity through internet banking. Online banking allows you to check your account’s details 24/7, which offers convenience to those who don’t have the opportunity to get to a bank during business hours.

Make Transfers

If you happen to more than one account in a bank, you can make online money transfers. Your funds get transferred instantly and only takes a few seconds of your time.

Get Notification

You can get notified through text and mail alerts for any account activity. This keeps you up-to-date with your account balance, and this is perfect for those who have their paychecks deposited directly. Email alerts also help keep your account secure as they warn you of any fraudulent activity.

Send Money

Sending money to a friend or a family member has never been easier. Most banks offer a wire-transfer service through which you can instantly send money to anyone for a small fee. Check out America's Best Bookkeepers

Online Banking Security

Banks take special precautions to keep your account information secure. So, yes, online banking is secure. However, there are certain things you can do to keep your account secure. These include:

  • If you ever happen to receive an email claiming to be from the bank and are asked for personal information, then chances are it’s not from the bank. These are scams that can leave you bankrupt. Also, don’t ever click on any of the links found in such emails.
  • Never leave your account without logging out. If you are using the app, it will automatically log you out, but you have to do it manually if you are using your browser.
  • Don’t access your account using public wi-fi unless you have VPN coverage, as this can lead to your account being hacked. Always use a secure wi-fi connection like the one at your office or home. These are protected connections.
  • Keep your computer updated with anti-virus software.
  • In case you notice any suspicious transactions make sure to inform the bank immediately.

With its rising popularity, online banking is the future. Many banks have even started shutting down their smaller branches and only offer online banking. If you haven’t started online banking, then do it today. It’s easy, it’s hassle-free, and it saves time.

Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers
Work Effectively from Home - Complete Controller

As our world expands, we find that technology is heavily integrated into our day-to-day lives. With the rate of technological advancement ever gaining speed, most of our daily tasks have become quicker and easier.

The year 2020 brought with it a myriad of struggles none of us could have ever foreseen. Still, the biggest and brightest of humanity banded together, and we are managing to make it through these truly unprecedented times. Working-from-home became more than just a perk; it became a necessity. Check out America's Best Bookkeepers

Living in the digital age, it has become quite easy to work from home. In fact, most companies are reacting to COVID by conducting most of their operations virtually. We have had to respond in creative ways and implement new techniques and strategies, which has proven to be very agreeable in most instances.

In fact, some corporations have their employees operate from home entirely and only have offices for tax purposes. These companies are fully virtual, meaning they utilize the perks of working from home by using online tools to complete daily tasks.

Working from home has many advantages: from comfort, ease of schedules, and working in a more productive environment. For instance, you can set your space up the way you want. Decorate your spot in fun ways that compliment your work style and productivity.

However, just like working in the office, working from home can come with a few struggles. These may include an unorganized workspace, missing out on the development and practice of effective communication skills, and delays in your delivery due to lack of time management. So, before going completely virtual, consider the tips below. These are sure to improve productivity from the comfort of your armchair. Check out America's Best Bookkeepers

  1. Have your own Workspace

It is difficult to work from home without having a designated space. This does not include under the blanket in your bed. You need a specific space that is your own, may it be a corner where you place your computer, a desk, or your table. You also need to be properly prepared with all your work materials, i.e., notepads, pens, binders, a printer, etc. Whatever your options are, choose a space that fits your needs and is exclusively used for work. This will help you stay organized and concentrated on your daily tasks.

  1. Keep yourself Organized

Just because you are giving up the 9 to 5 schedule does not mean you do not need to organize your time and routine. Plan your work schedules according to the needs of your bosses, employees, and deadlines. This will help you work more productively, as well as collaborate with other members of your team. While being in the comfort of your own home, it’s easy to ignore meals and breaks. This lack of routine can lead to burnout, or on the contrary, procrastination. Schedule alarms that help you maintain a daily routine that feels similar to your office job. This will increase productivity and allow you to work harder and smarter. Check out America's Best Bookkeepers

  1. Use Technology to Your Benefit

There are all kinds of tools and applications that can facilitate you working from home. Podium is an app that allows you to organize with your teammates by projects, tasks, etc. Even apps will help prevent you from wasting time on social networking and other unproductive pages. Search “Productivity sites” for the best option that fits your needs.

  1. Consider in Person Meetings at least a Week

An attractive part of working from home for some people is that it does away with most of those dreaded face-to-face meetings with bosses, colleagues, employees, or clients. However, this does not mean you can eliminate them altogether. Try to hold at least one monthly meeting to establish how each area of the company or project is functioning. This could save you a significant amount of email correspondence or video and phone calls.

Bottom Line

As our world expands, you must grow with it and enjoy the benefits. Adapt to different business models to see what works for you and your business.

Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers
Computer Code - Complete Controller

It is important to integrate code learning into school curriculums at an early age. It helps them to stay motivated and match the pace of the growing world. Technology is not going anywhere except forward, and waiting until college or technical school is too late to be competitive when it comes to innovation. Even if schools don’t catch up with the technology by creating more computer coding classes that can translate into workforce skills upon graduation (or in summer jobs during high school), parents should consider getting their child into classes outside of school. Here is why your children should learn technology and computer code from an early age. Check out America's Best Bookkeepers

Smart Career Move

In the professional world, where technology is used daily, knowing the basic operating principles of PHP, HTML, and other Python languages can be useful even when you are not looking for an IT career. “For other professions in constant contact with IT (engineers, managers, salespeople, architects, etc.), the construction of a real ‘good computer science’ is essential and can only result from a real training,” wrote the Academy of Sciences in a report (PDF) published in May 2013.

The director of the information system of a telecom operator was so desperate for “the complete misunderstanding between the 5% of employees of the operator whose computer is the job and the other 95% who use it daily. ” “Without a doubt, the industry needs more computer scientists, always better trained, ever more professional, on the lookout for new technologies, continues the text. But the industry no less needs employees who have acquired and assimilated a general computer literacy that allows them to interact effectively with their IT colleagues and take the critical distance from their work tool. “

Computer Code is in Modern Culture Check out America's Best Bookkeepers

Teaching how the technological tools that have invaded our daily lives function, the code is even a necessary condition for forming a critical spirit, say its defenders. That the under-18s are very comfortable with a smartphone in the hands or behind a keyboard does not change anything: “Who can still believe that in a society steeped in digital, it would be sufficient to be trained only uses? “wrote the Computer Society of France in January, in a report  (PDF) to defend the teaching of discipline in high school.

“By way of comparison, when it comes to preparing the future citizen for public health issues, the State does not just tax cigarettes: for a long time, science courses have been living and the Earth, compulsory from the beginning of the college, make it possible to understand the sexual reproduction, the functioning of the respiratory system and to influence the behavior of each one knowingly,” continues the association founded in 1985.

According to Jean-Pierre Archambault, president of the association Public Education and Computer Science, the questions relating to the networks that have arisen in recent years in the public debate make this learning even more necessary. On laws like or the law of military programming [including an article on access by the state to the digital data of an individual without judicial control], if we have absolutely no mental representation of what he returns, we are excluded from the debate.

Still, for ordinary people, the different computer programming languages may seem obscure. One only has to look at the HTML code of an info page, where unusual symbols sit side by side with English terms, to realize it: Many initiatives have been taken to make the learning of the discipline accessible to the youngest. In the United States, the prestigious Massachusetts Institute of Technology (MIT) has developed Scratch. This programming system makes it possible to intuitively create animations or games since it involves stacking blocks using the mouse. This program has been translated into French. Check out America's Best Bookkeepers

All in All

Our children are growing up radically in a different world than us. If they do not learn the basics of technology and computer coding, they won’t keep up with the world’s pace. Coding has gained a lot of popularity in recent years, and that is good news since kids who learn coding from a young at can welcome a lifetime and a handful of opportunities for success.

Coding must be made mandatory in every school to invest in our generations’ future and make the world easier for everyone. Moreover, with the technological development taking place daily, you can’t help but keep yourself on track for an innovative tomorrow. So, if you’re not investing in the future, then there’s no way we can reach the excellence destined for tomorrow.

Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers
Disruptive Technology and Innovation - Complete Controller

Many decades ago, economists discovered the need for disruptive innovation and technology. Every few years, industries and markets need disruptive innovation to drive the industry’s growth and the overall economy. In more recent years, some examples of disruptive technology and innovation are things we now take for granted and often use, such as GPS, artificial intelligence assistants, e-commerce sites.

In the past, those innovations that were considered disruptive technology at the time would be things like the airplane, electricity, and the automobile. At the time of their introduction or invention, they were considered radical, and now they are widely used and considered the norm.

Disruptive technology is important as it significantly alters how the economy operates and sweeps away old systems or outdated inventions or habits, and replaces them with something far superior. Here are four steps to take when introducing disruptive innovation and technology. Check out America's Best Bookkeepers

Find a Market that Needs Innovation

While every industry or market has needed radical changes to fill a need or solve a problem, if you are looking to cash in on disruptive technology or innovation, you have to be the one that sees problems and needs where others may not see one.

Companies that are thriving now came up with disruptive innovation and technology that radically changed the face of the market they were in and continued innovating to stay on top of those markets. Some examples would be Netflix finding a way to innovate the movie-watching industry by eliminating the need to leave your home to watch movies. Amazon was the online answer to giant box stores and malls.

These examples should give you an idea of what to strive for when looking at disruptive technology and innovation possibilities. Check out America's Best Bookkeepers

Track Down Companies that Exist and Fill a Gap or Solve a Problem

If you are looking to invest in disruptive innovation and technology, you want to look for start-ups or starting your own company that fills a gap or solves a problem. The companies that have the possibility of being the next Netflix or Amazon or Apple are the ones you need to tap into or emulate.

Because they were not big when the founders of these companies began them to fulfill needs or solve problems, you will need to see the potential before investing in the company.

Create a Real and Working Business Model

Your revolutionary innovation and technology will need a working business model to show possible investors why they want to take a risk and invest. Remember that almost every industry giant looked destined for bankruptcy while building the business into the giant they are today.

As long as you understand you have to work through the suck and keep building capital to get you through the lower levels of implementation of your disruptive technology, your endurance will pay off and equal big gains in the future. Most historical disruptive innovations were thought of as radical and even impossible ideas in their time. Keep pushing forward for as long as you believe in your idea. Check out America's Best Bookkeepers

Invest Then Watch the Market You are In

Even if your disruptive innovation is highly successful, you will need to keep an eye on the market you are in once you invest and release your innovation or technology into the market. Keep in mind, if your innovation takes off, there will be not only knock-offs but those that will come in and bring their advancements and innovation to the table.

You can’t just rest on your laurels. You have to keep up with and exceed the Jones’s when it comes to staying ahead, and relevant in the market your innovation is in, and to do that, you will need to keep moving forward.

You must stay on your toes and be ready to get out or dive deeper as the market conditions change. The deeper you understand the disrupted market, the better equipped you’ll be to take full advantage of the fundamental changes. You have to be ready to continue to innovate and change or risk selling or leaving the market if your innovation or technology becomes irrelevant.

Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers
Investment in Technology - Complete Controller

Most financially responsible adults begin to consider investments when they reach a certain financial status in their life. Once you find yourself, there are so many ways and places you can invest your money. Most smart investors will have at least some portion of their diversified portfolio dedicated to investments in technology. Most technology investments will pay off, and even those that don’t will be made up by the many that have given investors high returns.

Unlike some other investments, technology has areas of investment that can be invested in individually. Here are the top nine areas of technology; it is suggested you focus your investment money. Check out America's Best Bookkeepers

Artificial intelligence (AI)

Artificial intelligence has been in existence on some level for many years. In more recent years, artificial intelligence has found a prominent place in our everyday lives. Artificial intelligence takes certain tasks previously performed by the human brain and performs these tasks through technology. The most well known current artificial example would be Amazon’s Alexa. Other identically performing AI, such as IBM’s, Watson, and Google’s, Hey Google.

This artificial intelligence can quickly perform calculations and answer questions but go even further in controlling aspects of our home with smart capabilities.

Smartphones

While Apple and Samsung lead this space, many secondary players make components, software, apps, and phones. “Smartphone” is a catch-all name for handsets that can run apps, programs, and nearly anything else a computer might be able to do.

iPhone, which is the Apple-based smartphone, and Android, which encompasses most other brands, are the smartphone market leaders. Both major smartphone leaders offer astonishingly advanced features, so choosing a smartphone is a matter of taste. Check out America's Best Bookkeepers

Blockchain

Blockchain technology is related to cryptocurrency, an up and coming form of digital currency used as an alternative payment method that doesn’t use banks as a financial intermediary. Blockchain technology and cryptocurrency are considered the credit card of today. When credit cards began, a form of payment, banking institutions, or stores, or other places people spent money were not widely accepted.

Self-Driving Technology

While some driver-assisted driving technology is already in the market, it is still on a limited basis and the human driver of the vehicles. More advanced self-driving vehicles exist, but the acceptance of these vehicles as a replacement for current cars and trucks is likely a long way from happening. Humans, by nature, have difficulty giving control to machines. There is some level of fear of loss of control, and driving is an area that will probably have a wide rejection until years have passed.

Computers and Software

Companies that create laptops, computers, and software have been in existence for many decades, and they are still a great focus for investment as there are constant advancements in this area. Computer and software companies add innovation to their products every year or two, making them continue technology success.

The Internet

The Internet is another technology area that has been in existence for decades but continues to be an area that is a good investment. Many of the well-known Internet gain revenue from multiple products, and they also gain from advertising and other monetization that make them highly profitable and great investments. Check out America's Best Bookkeepers

Streaming Media

Netflix came out of the gate with streaming services and was a clear leader in the field for a few years. Now this area of technology is occupied by many competitors making it on an even playing field. This evening of the field of competition is making entertainment that has something for everyone. While the competition is great for driving innovation and customer savings, it cannot be easy to choose options for investments and require research.

Device companies

Device companies are an area that continues to grow and come out with competitive options. Streaming devices, action cameras, gaming platforms, and other devices like tablets and listening devices are all advancing and innovating, making them great choices for investing.

The Cloud

The cloud has been in existence for some time now, but it is getting more investment attention. The cloud allows access to information from anywhere, and this type of storage also eliminates concerns of lost data if your device crashes. The cloud may be newer when it comes to technology areas, but it is not going anywhere but up.

Cybersecurity

Cybercrime has become more prevalent and widespread over the years and created the cybersecurity area of technology out of need. Investment in this area is a good idea as it will only become more advanced and innovative as time moves forward.

Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers
Digital business solutions - Complete Controller

Welcome to part 1 in a 3 part series about bridging the digital divide in your business!

Without warning, 2020 has made digital solutions more relevant than ever before. We are faced with bridging the digital divide simply because we have no other option, and we need to put the technologies and strategies in place to cope with what may be turbulent years ahead.

Although many businesses have adopted some digital solutions, it is now essential to look at all of the necessary components to fully embrace the cloud as a  delivery platform. I know that it can sound like an overwhelming proposition, so let’s break it down into bite-sized portions, and this e-guide is a great place to start. The answer ‘one bite at a time’ holds with any project that looks overwhelming, and certainly, creating a digital bridge is no different.

Turning your business digital is an important next step and will allow for greater efficiencies and save your customers time. At the end of this e-guide, you will find my suggestions for going about this with guidance on which areas of the business to look at. It doesn’t have to be scary if you:

  • Take a moment to plan it out and see what you want to achieve. Talk it through with staff members
  • Take one step in that direction – make it a simple one, such as adding each staff member to a virtual phone system
  • Leverage tools made by other people, so you don’t spend so much in terms of development and time

Alone or in combination, the strategies and tools discussed here will position your business as savvy and supportive as you bridge the technology gap. You can create an environment for technology to be accepted as part of your offering’s total solution. And that is good business as you and your customers prepare for greater dependence on the cloud for daily operations.

Are you ready to make the move to digital solutions? We can help you prepare with this free downloadable template!


Stay tuned for part 2 next week, where we find out the top thing that helps a business contribute to its financial sustainability.

I hope you find it useful. 

Jennifer Brazer,

Author | CEO | Empowerment Nerd
  1. Scientists investigating computer and information technology they study and resolve difficult problems in computer technology for business, drug, knowledge along with other fields. The leader in wages are those scientists who are involved in developing new tactics to computer technology and the search for innovative use of existing technologies.
  2. Computer Network Architects what happens is that: computer network design and build communication networks. These are networks of various sizes from the connection of two offices to next-generation networks such as the cloud infrastructure being served by a variety of consumers.

The level of education for obtaining a workplace: bachelor’s degree in computer specialty and the experience of the administrator of networks and computers (the system administrator) is desirable

  1. Computer programmer what these people do: programmers write and test computer code for applications and computer programs. They translate the draft programs created by software developers and engineers into code that is understood by the computer.
  2. Computer support specialist what does: The computer support specialist work in the support service and provide assistance to people and organizations in the use of computer equipment and software. The level of education for getting a job: a bachelor’s degree, but also lower-level diplomas are quietly accepted.
  3. Computer Systems Analysts What does: The computer systems analyst examines the existing computer infrastructure and work in the organization and designs system solutions to help the organization work more efficiently. Analysts adapt information technology for business knowing the limitations of both.

The level of education for getting a job: a bachelor’s degree in computer science or in information technology is compulsory, but some companies accept analysts with business education or double diplomas of liberal arts. (I recall that in our pool there is one liberal arts university – this is Drew University).

  1. Database administrator They ensure that data is accessible to users and protected from unauthorized access. This includes working with large data (Big data). (DBA) use specialized software to store and organize data, such as customer financial information or information about the delivery of goods.
  2. Information Security Analysts What they do Information security analysts plan and implement measures to protect computer networks and systems of companies, government structures, communication systems, and payments. The scope of their duties is constantly expanding as the number of cyber-attacks grows.

The level of education for obtaining a job: a bachelor’s degree in computer science or in information technology is compulsory. Experience in this field or internship is desirable.

  1. Administrators of computer networks and systems what they do: Computer networks are a critical part of any organization. Administrators of computer networks and systems are responsible for the normal daily operation of these networks.

Level of education for getting a job: Most employers require a bachelor’s degree in computer science or information technology. For some, a certificate of completion of the course is sufficient.

  1. Software Developer what they do: Developers are creative minds behind computer programs. The most popular profession today in the entire IT industry is not only the US but also the whole World. They are involved in all processes of program development, including research, design, programming (although programmers are more likely to be engaged in programming) and testing. Some develop programs to perform certain tasks on a PC or device; others develop complex systems for servers and networks. This can also be attributed to developers of conventional and online games.
  2. Web developers what they do: Web developers design and create websites. They are responsible for the way it looks and for all the technical aspects such as performance and speed. In addition, they create content for the site.

Almost all universities with which we work have options for studying computer science, and at Drew University can choose a double diploma, combine computer science with something else, this will give a huge advantage when hiring. Today a person can have unlimited opportunities for training and professional growth. The list reflects only the average level of wages, different companies pay differently. A college graduate can pay $ 45,000 in the first year, and then salaries tend to only grow.

 

Check out America's Best Bookkeepers
About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file, critical financial documents and back office tools in an efficient and secure environment. Complete Controller’s team of US based accounting professionals are certified QuickBooks™️ ProAdvisor’s providing bookkeeping, record storage, performance reporting and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay services. With flat rate service plans, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.