The Simply Smarter Blog

Even though inflation rates were at 5% in March 2023—lower compared to last year—it is still uncomfortably high.  The Federal Reserve has also raised interest rates over the past year, signaling that more increases are expected. SMBs are feeling the crushing inflationary pressure as well as reeling from a tight labor market and unpredictable fuel costs.  Times like these call for creative measures. Readjusting departmental budgets is a start, but if you take a closer look around you, there could be wasted money hidden in plain sight. You might be wondering, where to begin? My recommendation is a workplace technology assessment. It can provide numerous benefits, but right now the focus is to recover wasted expenses. Here are five ways a technology assessment can help businesses offset these financial constraints. 

Just picture this— you’re a new employee diligently working, and out of the blue, your CEO e-mails you, asking for 10 Amazon gift cards. She says it’s for an important project she’s working on and she needs the gift cards ASAP! The pressure is on and you take a break from your hectic to-do list, and begin ordering the gift cards, until you realize… the person emailing is not your boss after all, but rather, a sneaky cybercriminal. And just like that, you are the newest victim of a phishing scam. How mortifying, right? Well luckily, there are steps that can be taken in order to avoid such embarrassing catastrophes.