Every day thousands of startups are created in the world. That’s a pretty broad statement, but according to statistical experts, we can estimate about 1.7 billion per year, or about 4.8 thousand per day.* Staggering! When companies are started the entrepreneurs have so many questions, things to understand, rules and regulations to comply with. Tools for automating some of the workflows help! In this blog series, we find ourselves asking, and answering:
In a world highly connected, how is the Cloud making a strategic difference?
How will the use of smartphones revolutionize the software industry?
And how will the flexibility of Yooz be a perfect fit for a new business or tech start-up?
Technology has changed the way we work and do business in general. What was once local is now global. Teams used to hold meetings around a table in a conference room, and now join a conference call, login to a web-based meeting, or participate in a telecast. What were once corporate headquarters are now co-working office spaces, even sometimes coffee shops. Office hours used to be Monday through Friday, 8:00am to 5:00pm and now are 24/7 (at least it feels like it at times!) A storefront has Open and Closed hours posted, but the consumer can shop online any time of the day or night.
Another new trend that has been on the rise in recent years is BYOD—Bring Your Own Device—to work. Companies have started allowing, and even encouraging, employees to use their own laptop, tablet, or phone, rather than company-issued one(s). There are advantages to this, such as increased productivity and reduced costs, that seem to be outweighing issues and concerns, such as managing company security.
BYOD (or BYOT, BYOP, BYOPC) is made possible because of cloud technology. And so is the rising use of smartphones as computers. It is not uncommon for many professionals to not use a PC at all. Think about it. A person can do anything from checking and responding to e-mails, to viewing and editing a Word document, to watching and listening to a webinar or virtual meeting, to—in the case of Yooz—approving invoices all from a smartphone or tablet; especially now as mobile device screens are getting larger. The same can be said about almost any business activity in this day and age.
And it’s making it easier to pack our schedules even tighter. Running late to a meeting? Join from your smartphone so you don’t miss anything until you arrive in person. Wake up in the middle of the night with a brilliant idea? E-mail or text it to your interested co-worker (and don’t worry about waking them up, they’re likely in a different time zone in some other part of the world). Stuck in traffic and need to remind yourself or someone else to submit payroll? Make yourself a voice memo. Of course, this is all fine and good if you’re building a business…not so much if you need some, you know, personal time.
So, when we consider our first two questions, it’s sort of like a chicken and egg scenario: The most useful business applications leverage cloud technology so that they can be accessed around the clock and from anywhere in the world on a mobile device. And the more widespread the use of smartphones, the more important it is for software engineers to build products that can be accessed in the Cloud. Sure, there are still many uses for on-premise, enterprise level systems. But, for the thousands of start-ups and small businesses that are being created every day, many of which are using people in other parts of the country or world, they must be able to run round the clock. Cloud technology allows them to do that without having to worry about maintaining servers or IT support for technical issues.
In Part 2 of this blog series, we’ll look specifically at why the cloud-based Yooz AP automation solution is ideal for start-ups and small to mid-sized companies. Here’s a hint: Think “nimble.”