Maximise your software's potential this financial year

With the start of the new financial year, businesses are often focused on meeting targets, optimising processes, and enhancing overall performance. One crucial area that has a significant impact on your success is the effective utilisation of your business software. Whether it's payroll, HR, or any other management tool, ensuring that you are getting the most out of your software can lead to increased efficiency and better outcomes. Here's a guide on what to consider from the software you're using and how to maximise its potential.

Understand your needs 

The first step in ensuring your software is working for you is to clearly define your business needs. 

Ask yourself:

• What are the key functions you require from your software?
• Are there any specific pain points or challenges you're currently facing?
• What features would make your processes more efficient and effective?

Having a clear understanding of your needs will help you assess whether your current software is meeting those needs or if there are gaps that need to be addressed.

Identify what's missing 

Once you have a clear picture of your needs, the next step is to identify what your current software might be lacking. 

Consider:

• Are there features you aren't using that could benefit your operations?
• Are there integrations with other tools that could streamline your workflow?
• Are there any updates or new features from the software provider that you haven't explored?

Identifying these gaps can help you leverage the full capabilities of your software and ensure you are not missing out on any opportunities for improvement.

Do your research 

Before making any changes or deciding to switch providers, it's important to do thorough research. 

Look into:

• The latest updates and features offered by your current software.
• User reviews and case studies from other businesses in your industry.
• Comparison with other software providers to see if there are better options available. 

This research will provide you with a comprehensive understanding of where your software stands and what alternatives might offer.

Consult your Account Specialist 

If you're unsure about any aspect of your software or need expert advice, don't hesitate to reach out to your account specialist. They can offer:

• Insights into how other businesses are using software effectively.
• Personalised recommendations based on your specific needs.
• Guidance on any new features or updates that could benefit your business. 

Consulting with an expert can provide you with valuable information and help you make informed decisions about your software usage.

Consider a health checkup 

Just as regular health checkups are essential for your well-being, software health checkups are crucial for your business. These checkups can include:

• Reviewing your current usage and identifying areas for improvement. 
• Ensuring that your payroll rules and settings are up to date and accurate. 
• Providing training or resources to help your team use the software more effectively.

A thorough health checkup can reveal opportunities for optimisation and ensure that you are maximising the potential of your software.

Take advantage of available resources 

Many software providers offer a range of resources to help you get the most out of their products. 

These can include:

• Online tutorials and guides.
• Webinars and training sessions.
• Customer support and troubleshooting assistance.

Utilising these resources can help you stay up to date with the latest features and best practices, ensuring that you are always using your software to its full potential. 

Are you a Microkeeper user? 

At Microkeeper, we understand the importance of maximising the potential of your software. Contact our team for an initial discussion. 

An account checkup includes:

• Review your current usage and identify any gaps or areas of improvement. 
• Provide personalised recommendations to optimise your software usage.
• Answer any questions you may have and provide guidance on best practices.

Take this opportunity to ensure that you are getting the most out of Microkeeper and setting your business in for success in the new financial year.

Maximising the potential of your business software can lead to significant improvement in efficiency and overall performance. By understanding your needs, identifying gaps, doing thorough research, consulting with experts, and taking advantage of available resources, you can ensure that your software is working for you. Don't wait until it's too late, schedule your health checkup today and take the first step towards a more successful financial year.