The covid-19 pandemic has made massive impacts on almost all the fields across various verticals. Starting from healthcare to the food industry, every field has faced major challenges in its own way due to this unprecedented pandemic situation. With that being said, many startups in the technology sector are facing various difficulties because of this pandemic such as insufficient capital, unavailability of manpower or unavailability of an investor, reduced need in the market, etc… Out of the total global startup market, 70% of the startups have been deeply impacted by the covid-19 pandemic. In this 70%, 12% of the startups have been shut down and the remaining have been operating with certain disruptions in the business process.
Thanks to the development of the internet and technology, despite this adverse situation, many companies have found ways to pull themselves out of the situation and explored many ways to expand their business by extracting the advantages of online tools.
Essential tools for effective remote working
Many organisations have started putting efforts into building online tools that can help resume business processes. Huge companies like Amazon Web Services and Google have offered various cloud-based solutions for data storing and sharing. As mentioned above, many startups and SMEs have also taken advantage of this situation and are developing products according to the current needs of the market. Out of various categories of tools present, an aggregated collection of tools that I use and believe can be very useful for startups is mentioned below.
Hubstaff – For Remote Productivity Management
Employee productivity plays a major role in the success of a business. Every client would want and prefer the product to be delivered within the given time frame. When it comes to working from home, it is pretty hard to be as efficient as working in an office environment. For situations like this, tools like Hubstaff provide various features like productivity monitoring, online timesheets, invoicing, etc…to boost productivity. Many startups, entrepreneurs, freelancers and remote workers are widely using this application. The premium version of Hubstaff offers high-end features like GPS tracking, shift planning and project budgeting.
K2View DPM – For Remote Privacy Management
For a business to reach a wide number of people, it should be transparent and trustworthy. Gaining customer’s trust adds tremendous value to the company. Initially, this can be achieved by being transparent with the customers like letting them know what kind of data is being gathered from them and used and ensuring that the collected data is secure. K2View’s data privacy management system collects user data from all resources and stores it in a micro-database that is individually allocated for each customer. This way, the data would be readily available to be accessed upon request by the user. In simpler words, K2View DPM addresses the data management challenges such as collecting and categorising data and storing them securely.
Getlua Tools – For Converting Documents In A Click
During this pandemic time, it becomes increasingly difficult to make important business decisions. When it comes to startups, every single decision could potentially bring massive changes to the company. To fix goals and work towards them as a team, it is essential to make sure that everyone in the team is on the same page so that the processes are carried out seamlessly. The idea of the project can be documented in the form of word documents or PDFs. Teams can also connect over online meetings and discuss the topic while displaying a PPT to provide a clear understanding to others on the team. Getlua is a highly efficient online converter tool that simplifies the process of converting documents into any desired format like Word to PDF, PPT to Excel and vice versa. It also lets you effectively compress PDF files in a way that the quality of your document remains the same and the load on your system’s memory is decreased.
Gusto – For Easy Finance and HR Management
The biggest challenge during this pandemic is hiring people and maintaining employee payroll. With the right tool like Gusto, finance and HR management can be carried out effectively. Employees can make use of the application’s online portal to upload their information and relevant documents like resumes and certificates. This application makes complex and repetitive tasks such as payroll management, hiring, maintaining business finances and taxes keeping very simple.
With lockdowns still being implemented in various parts of the globe, 82 percent of companies across different verticals have adopted remote work. Work from home has become the new normal. Normalizing WFH is found to be advantageous in many ways like reducing unwanted infrastructure costs, reduction of transportation costs, etc… With the right tools and technologies, remote work could be very effective in keeping up the business workflow. This, in turn, will provide desirable and successful results for the companies, especially for startups where every penny matters.