Traditional paper documents and filing systems have been used to organize businesses’ employee and accounting information for decades. But they are quickly being replaced as technology evolves. Business financial accounting has been revolutionized by paperless accounting and paperless HR systems. These systems use cloud-based technologies to simplify and centralize the storage of essential information.
Before your company can fully embrace digital transformation, you must first deal with the various pitfalls of a remote workplace. The lack of face-to-face interactions means there are certain limitations in communication, especially in information dissemination and engagement. In fact, a study by Deloitte shows that 75% of remote workplaces struggle to keep their members connected as they adopt the virtual setup. This applies not only to employees, but to board members as well.
A lot of condo unit owners assume that well-built and well-managed condominiums are already good, thus they tend to miss condominium annual general meetings (AGM). This is the norm for the majority of the condo unit owners and shareholders. However, that should not be the case. Like any other annual general meeting, condo AGMs provide necessary information about the year’s activities and business of the council towards the progress of the condominium units.
The new decade has taught people how to cope up with change. Several crises have occurred that forced everyone to adopt new systems, workflows, and processes. The COVID-19 pandemic pushed operations to go remote or hybrid. Additionally, the introduction of advanced tools left entities to adopt technology, even if most users are still in culture shock and are hesitant to use these platforms.