The recessional economy coupled with the ever-present need for businesses to cut-costs so as to boost bottom-lines is bringing about more solutions to the table than any average business model can handle.
Of all the options though, online collaboration stands-out due to evident advantages. Does it make sense for a business to switch to project management software? Will this adoption of business intelligence software really bring about any strong benefits for businesses? Here’s why you must consider Online Collaboration:
Global streamlining of projects: For once, you could leverage the true potential of the Internet and have your projects handled by remote work-force, each logging in separately into the same collaboration system and delivering work. Work can be assigned to respective workers, with milestones, expected deliverables and dead-lines.
You could even set-up options to check activity levels, use time-tracking and other details pertaining to each of these virtual workers while they are on the system for complete hands-free management.
The obvious advantages are the incredible savings in costs due to reduction of office space required, ability to hire offshore work force for much less than that for local workers(outsourcing), more efficient work delegation and management and finally, a stupendous decrease in overall project management costs.