7 tools to improve business management in 2024

Managing a company is an arduous and complex task, requiring good planning, organization and tools aimed at business management.

Fortunately, nowadays there are a large number of resources that make this task easier and more effective.

In this post, we will look at some options and ideas that you can implement to manage your company more smoothly, whether large or small.

What is business management?

Business management is a process that consists of direct and guided operations and decisions made within an organization, guided by the objectives outlined in business planning.

In this process, the action is carried out using the resources that the company has with the aim of achieving the desired goals.

These resources are not just financial, they also include human, material and intellectual resources. Therefore, management is a process of articulation within the organization that exercises a vital role in the company’s success.

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Why is it important to have good business management?

The usefulness of good business management includes several points, such as:

• Direction: It allows the company to have a direction, that is, the decisions made make sense and aim to achieve the set goal. This can become complex in large organizations, where management must make greater efforts to act in an articulated manner.

• Control: It enables better monitoring of company resources and the ability to supervise processes, which enables monitoring of activities and timely correction of problems.

• Organization: Good business management values ​​planning and, therefore, keeps its processes and actions well organized.

• Motivation: Consistent leadership helps keep the team motivated, which increases their productivity and proactivity.

Tools to improve your company management

Below, we list seven tools that help improve business management.

1. ERP (Enterprise Resource Planning)

An ERP is a software that allows the automation of various business management processes, helping to improve the organization’s productivity and efficiency.

This includes finance, human resources, services, supply chain and more.

The idea of ​​an ERP is to centralize information and have an accurate record of the operations carried out.

This record helps with control and monitoring, as well as in decision making. For example, human capital management can be included within the ERP to organize employee vacations, payroll, and much more.

2. CRM (Customer Relationship Management)

One of the most important tasks that companies have is the relationship with their customers, therefore, it is crucial to adopt tools that help in this process.

A CRM is a program that tracks interactions that the sales team has with customers and potential customers.

The tool allows you to centralize contact information, so that you can have easier access to customers and continue the interactions started.

It is important to remember that an agile response from the company favors success in attracting customers and speeds up the purchasing journey.

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3. Digital signature tools

Digitization is a very important practice that brings great benefits to business management, both due to the agility it provides and the possibility of saving documents.

Tools that perform this function speed up processes through digital signature, since people do not need to move and have physical documents on hand.

This also helps to reduce costs and risks, reducing the amount of paperwork required and the possibility of important documents being lost.

4. Tools for human talent management

Although some ERPs may be an option for this, there are a large number of human talent management tools with this specific focus.

Human capital is an asset of great importance to the company, therefore, it is essential to apply greater effort to manage and care for it.

Among the ways to do this, the following stand out: monitoring and provision of information. 

As businesses strive to optimize their human resource processes, the importance of utilizing innovative tools cannot be overstated.

Among the myriad options available for enhancing business management, data analytics in recruitment stands out as a pivotal asset. This approach not only streamlines the hiring process but also enables companies to make well-informed decisions based on comprehensive data analysis.

By leveraging these insights, organizations can improve efficiency, unearth potential talent, and tailor their recruitment strategies to meet future demands effectively.

Human resources programs also help you manage vacations, sick leave, satisfaction surveys, compensation information, and more.

All this information is of great decision-making aid and makes business management more agile and informed.

Other types of tools for this area are related to strengthening human talent. 

To do this, you can opt for training programs, integration activities, dynamic team building, and much more.

5. Cloud Storage

Business management benefits greatly from cloud storage and collaborative work tools.

A single, secure space to store and share information improves productivity and facilitates access to the data necessary for each employee to carry out their activities.

Additionally, cloud storage protects company information against damage to physical data storage systems.

For this reason, it presents itself as an important alternative that can contribute to intelligent management of the organization.

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6. Business Intelligence Tools

Nowadays, a large amount of data is generated daily and it is a challenge to organize and make use of this information.

However, with current technology, companies have a great opportunity to implement tools related to business intelligence, with the aim of extracting information from data so that management can make well-informed decisions.

There are a large number of programs available for this, such as Power BI, Tableau, and free software tools like R or Python.

These features allow process data and create visualizations so that people can consult information quickly and in a timely manner.

7. Business management and planning tools

Business management is a complex area and there are a large number of strategies and techniques that can be applied to make it better.

Some examples of this are the cause-effect diagrams, flowcharts, brainstorming, etc.

The idea of ​​these tools is that they can be applied to speed up the exchange of ideas and improve the company’s results.

If you do not have knowledge on the subject, a good option may be to opt for consultancy.

There are people with extensive knowledge in the area who can give an expert opinion and indicate the best alternative for your management model.

Boost your company with good business management

Company management plays a fundamental role in its success,therefore, it is important to have the appropriate tools to carry out good business management.

This applies both to physical companies and companies that operate online only.

If you want to create online courses, for example, you might have a team to help you with course production, promotion and support.

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The management of this team can be done 100% online through the tools mentioned, as well as customer management.

Furthermore, all you need to be successful in this endeavor is a Learning Management System (LMS) to host your courses and offer all the resources your students need to have a good experience.

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Complete eLearning platform, Coursify.me is the ideal solution for anyone who wants to create, sell and promote courses on the Internet.

Serving companies and professionals in more than 60 countries, Coursify.me offers several customization options so you can create a virtual school with your brand identity.

To find out more, visit Our site, try the platform and start building your own online business right now.