The start of the year might have been tight money-wise with Christmas and New Year’s making a dent in your wallets. Therefore, the beginning of the year is a great time for plugging up those money sucks, and yes, we still think it is early enough in the year to call it the beginning! You know what we mean – the areas of your business that you’re obviously spending way too much money on and need to cut down. With technology constantly evolving, there’s always something coming out to make your life easier. That includes your finances. Isn’t it time you started using technology to save your business money?

Remote Work

Remote work is on the rise and the way of the future thanks to evolving technology. But what you may not realize is that working remotely can also save you money. Whether you’re an employee or a business owner, working out of office can be a real money saver. Where does technology come into play? Sitting at home, a coffee shop or a different city doesn’t mean you can’t connect with your colleagues easily. With apps like slack and skype, collaboration from a distance has never been easier. Plus, you end up saving money on commuting, office space, and your phone bill. Pro tip: get rid of those landlines, this is 2018 (unless you really really need them, then keep them)!

Apps for Your Phone

Smartphone apps aren’t only for keeping connected. We know it seems like your phone has you under its thumb but you can change the script. Let technology work for you instead. With the right apps, finding travel deals, online retail and consumer sales (the modern-day coupon) and tracking your spending or assets is a touchscreen away.

Forget Pen & Paper

It’s the digital age, time to take everything to the cloud. Ditch the paper planners and use the calendar on your device. There are many programs you can use with Calendar, Microsoft Outlook and Google Calendar being the most popular. Not only do you save money, you save paper and you’re not bogged down by extra weight. Another way to cut down on paper and printing is to use apps like DocuSign or Genius Scan. Get rid of costly electronics like scanners and use your phone to scan and store important documents. And with apps like DocuSign, you can scan, sign and send files on the fly. These are great environmentally-friendly alternatives as you no longer must buy ink cartridges or paper. Plus, you have the added bonus of never losing an important document again. The cloud stores everything giving you access no matter where you are. However, if you still need a physical printer, make sure it’s capable of double-sided printing. And when you’re looking to make a purchase, be sure to research the costs of toner and ink. That cheap $40 printer may seem like a bargain at first but not if you’re spending $30 on ink every couple of months.

Smart Thermostats

BIf you haven’t jumped on these yet, now’s as good a time as any. Smart thermostats are great money savers AND save energy. “Some of the more advanced thermostats know when the house is empty and will adjust your heating or AC accordingly. Thanks to GPS, they also can see when you’re heading home and readjust the temperature for your arrival.” The digital age is in full-swing and it’s not going anywhere. Whether you’re a start-up or an established business, there’s a cost-effective tech solution that’s right for you.