UK’s SMEs plan to invest in technological solutions to consolidate operational effectiveness

The UK’s SMEs are optimistic about the global economy and are already working on the best ways to unlock ambitious growth over the next 12 months, a recent survey by American Express and Oxford Economics has been able to suggest.

The research found that 41 per cent of UK SMEs point to using their advantages as an SME – such as agility, innovation and strong customer relationships – as one of their top three strategies for fuelling revenue growth in 2018. Respondents also prioritised agility as the most important capability to develop over the next three years for meeting business challenges, and are planning to consolidate their operational effectiveness in 2018.

UK SMEs also recognise that staying close to customers’ changing demands will drive growth this year. In fact, the UK is the most customer-centric market out of the 12 countries surveyed, with 45 per cent of British SMEs saying this is important for revenue growth compared to a global average of 36 per cent.

The UK’s SMEs also feel confident about the global economy, and predict strong revenue growth. Confidence levels among the UK’s SMEs have more than quadrupled in the last year, with 57 per cent of SMEs feeling optimistic about the global economy over the next 12 months, compared to just 14 per cent going into 2017.

Time & Attendance UK clocking systems – the perfect tools for SME staff management

A workforce management system can help SME owners enjoy an extensive overview of the available skills sets across their workforce, as well as organizing training for specific employees.

This is specifically where Time & Attendance UK could put its extensive experience to very good use.

We offer a complete proximity card time and attendance system that includes European Working Time Directive checking and reporting, Access Control, Fire Roll Call, and also makes good use of mobile and wireless technology so that your employee clocking and activity information can be accessed from anywhere.

Moreover, our specific position within this market segment, as well as proven experience in the field enables us to thoroughly customize our systems in order to meet all of your requirements, whether you’re an enterprise customer with multiple sites or a smaller business.

Proximity smart card technology allows your employees to quickly clock in and out, with the time and attendance software accurately recording attendances.

Furthermore, our all-in-one, Smart Card Time & Attendance recording workstation incorporates such features as job booking, job costing, labour hours analysis and security management.

If you want to find out more about the range of affordable, reliable solutions provided by Time & Attendance UK, just contact our dedicated product team, they’ll be more than happy to answer any question you might have.