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how online collaboration tools benefit your business

by Nils Turcotte Published 2 years ago Updated 2 years ago
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  • An increase in work productivity. Collaboration can improve the work efficiency in the team. Through collaborative practices, problems can be solved easily and decisions can be made faster.
  • Lesser security risks. Organizations are using online collaboration tools for the purpose of communication and also project management.
  • Better project management. Collaboration allows better management of projects. Since there is open and effective communication between the team members, the entire team is on the same page throughout the ...
  • Better flexibility. With the implementation of online collaboration tools in an organization, the employees can access their work from practically anywhere.
  • Lesser turnover rates. Organizations which emphasize collaboration and use effective strategies for it, tend to have lesser turnover rates.

Online collaboration tools make it easier to work remotely. Everything is stored in the cloud, so your team can access documents, join meetings, or discuss projects from anywhere. And if you want happier, more productive employees, giving them the option of working remotely is one of the best things you can do.Nov 1, 2019

Full Answer

What is the main advantage of online collaboration?

Advantages of Online Collaboration 1. Convenience in Organizing MeetingsOne of the key advantages of online collaboration is that it makes it easier for people who aren't in the same location to work together. Most companies have branches and/or offices in multiple cities and countries.

What is the best way to collaborate online?

Ways to collaborate and share in Power BI

  • Collaborate in a workspace. ...
  • Collaborate in Microsoft Teams. ...
  • Share reports or dashboards. ...
  • Annotate and share from the Power BI mobile apps. ...
  • Distribute insights in an app. ...
  • Embed reports in secure portals or public web sites. ...
  • Print or save as PDF or other static file. ...
  • Create and deploy template apps. ...
  • Share a dataset. ...
  • Create dataflows. ...

More items...

What are the benefits of collaboration in the workplace?

of U.S. companies now employ at least some employees who work from home. This trend is expected to continue as more businesses realize the benefits of spreading their workforce across the country or around the globe. Collaboration between remote teams ...

What are the benefits of online community engagement?

Why Practice Community Engagement?

  • Implementation and change. —Improvements can be made in the way research findings are used to bring about change (e.g., through new or improved services, policy or funding changes, or transformation ...
  • The public involved in the project. ...
  • Individual research participants. ...
  • Community organizations. ...

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How does business benefit from collaboration?

human capital - collaboration can increase your ability to develop employees' skills and capabilities, safeguard jobs, increase employment and encourage staff motivation. physical capital - collaboration can enable you to share facilities, resources, equipment and raw materials.

Why do businesses use collaboration tools?

Collaboration tools enable employees to work from anywhere, opening up a pool of candidates for enterprises. Collaboration is, at its core, about working with other people. It includes sharing ideas and sorting out what parts of a project team members need to complete for it to be successful.

What are the benefits of technology a collaborative tool?

Technology collaboration tools allow teams to create, design, and contribute to the same document, at the same moment, in real time. Your team will spend less time commuting, organizing meetings, and working around each other's schedules. That means more time for collaboration, communication, and productivity.

What are the 10 benefits of collaboration?

Collaboration Examples and Benefits of a Collaborative Team:It encourages problem-solving. ... It allows employees to learn from each other. ... Employee productivity rates go up. ... Overall problem-solving becomes easier. ... Team collaboration increases the organization's potential for change. ... Remote teams are more efficient.More items...

How does online collaborative tools help in project management?

A good online collaboration tool should allow teams to share ideas, provide feedback, and input critical information about a project status, work item or task. However, the best online collaboration software should also enable a team to more easily share goals, see work, and understand a project.

How can collaboration tools help me in developing my project?

Collaboration Tools Facilitate Better Brainstorming When individual and shared digital workspaces come together the result is powerful brainstorming. Collaboration tools allow parallel contribution from participants, as opposed to adding ideas sequentially.

What is online collaboration?

Online collaboration tools are software programs that make it easier to work as a team. They allow you to exchange information and get stuff done over the internet. Which means you don’t have to meet in person or even be in the same building. Most online collaboration tools are SaaS (software-as-a-service) .

How does remote working save money?

Aside from happier employees, remote working also lowers your overheads, which saves money. For example, PGI found that remote working can help businesses save up to $10,000 per employee in rent, utilities, and other real estate costs. Each year.

Where are SaaS tools stored?

Where you’d install traditional software on your device or business servers, SaaS programs are stored in the cloud. The provider hosts the software on their own servers. You can subscribe to the software and access it from your browser or from an app.

Is online collaboration more secure?

Online collaboration tools are more secure. Online collaboration tools store your data in the cloud. And while the cloud isn’t perfect (spoiler alert: no system is), it’s much safer than storing your data locally. When you store data locally, you’re solely responsible for keeping it safe.

What are collaboration tools?

Collaboration tools can increase a business’s effectiveness, efficiency and communication capabilities. They can seamlessly help team members in different locations connect with each other and understand what the whole team is doing. Real-time collaboration prevents duplication and enables group project work.

What can collaboration tools do for your business?

Collaboration software presents users with a dashboard which also acts as a bulletin board. Users can see items posted to the dashboard and channels, such as messages, ideas, documents, links or videos and other content. This happens under various functional categories, headings and people. More specifically:

My business only has a few employees – do I really need collaboration software?

Collaboration software helps your teams get organized and be more efficient. But would it help a small team in a single location? Or will collaboration software just force people to write messages and use an additional application when they don’t really need to?

About the author

The Microsoft 365 team is focused on sharing resources to help you start, run, and grow your business.

Email takes a back seat

Once upon a time, email revolutionised the workplace and thrust businesses into online working. Now we can rely less on emails, which can slow down progress while we wait for replies. Online collaboration tools mean everyone can access what they need to at the same time and communicate instantly over instant messaging.

Ease of access to documents

Hosting your documents (including templates) on the cloud or in a shared folder means easy access for anyone who needs it. Before the internet documents would be kept in hard copies and those in different locations would not be able to access them.

More efficient workflows

Using online collaboration tools is great for cutting down unnecessary meetings, long email chains, and lengthy phone calls. Everyone will be able to track project progress using things like Kanban boards and collaborative workspaces. People can ask questions and receive quick answers from their colleagues and superiors.

Tasks can be actioned immediately

Any tasks that are new to the agenda can be communicated quickly to the team. There’s no need to book a conference room, gather the team, and have a meeting about every little thing. Instead, tasks can be shared using a good online collaboration tool, the team can acknowledge and ask any questions before getting to work.

Save money using remote workers

Once you introduce remote working to your business the pool of job seekers you have access to explodes. This means you can find experts for less money because the cost of living in their area is lower. Online collaboration tools can help you create a team from scratch remotely and save big on your costs.

Reporting is easier than ever

Reporting on projects can be hard work, time intense, and very stressful to complete. It’s easy to get sidetracked, misplace important data, or collate information from various sources. Online collaboration tools can reduce the work involved in creating reports particularly if you are responsible for a large team.

Track changes with ease

Certain online collaboration tools make it easy to track any changes made by your team. Managers can review the changes and compare them with previous versions. This is particularly useful when dealing with important documents. Tools like Microsoft 365 or G-Suite allow you to pull up older copies of documents, presentations, and spreadsheets.

What is Office Online?

Office Online is an online version of the good old Office products. Word Online, Excel Online, PowerPoint Online, and OneNote Online – free tools for real-time co-authoring. Everything you write, calculate, present or note will be saved to your OneDrive or SharePoint online folder. You can switch between offline and online versions of documents – whatever feels more natural to you. If you get your online folders synced to your computer, your revisions will be saved to both storages.

What is cloud technology?

Cloud. The word of the century. It started with smaller businesses and IT startups whose agile approach was the ice breaker for new kinds of platforms. But, with the evolution of the security of cloud technologies, even big companies with layered governance processes and strict privacy rules, have been starting to see their benefits.

Why is planner important?

Reason 4: Plan and track your tasks in a smart way. Planner is a simple task management tool for teams. Whether you’re working on one-man-band tasks or projects involving multiple people, Planner is an excellent way to track and organize your work.

What is Office 365 cloud?

Office 365 consists of several tools specific for different kinds of use. These days when a lot of businesses work remotely, Office 365 cloud collaboration tools have become even more popular. SharePoint Online is an online collaboration platform. You can use it to save different kinds of business files to collaborate on with your team.

What is OneDrive for Business?

OneDrive is the platform that answers that question. You can save all your documents there, such as your business goals and ideas. You can also sync local files from your computer to OneDrive, making sure you have a backup of them.

1. Keeping track of projects becomes easy

A good online collaboration tool like ezTalks comes with various project tracking capabilities that make it very easy for the members of a team to keep track of the evolution of a project right from the first day.

2. Members of your team can be as dispersed as is needed

Your team members just need an internet connection and they can then work from anywhere in the world for the benefit of your enterprise. So your team can be completely dispersed and still work in a very systematic manner.

3. Reporting is super easy

Almost all types of business projects involve some kind of reporting and usually report time is stressful. At times, particularly when you are working with a big team, you may end up forgetting about some activities you did for a particular project.

4. All documents can be stored in one place

If all the documents are stored in a single place then every team member can enjoy access to the same no matter where they are. Furthermore, the team members do not even need to use a USB stick or other type of storage devices even if they will be working remotely, and then can easily see updates or changes to a document as and when they desire.

5. You can take quick actions

If you use a good enterprise collaboration tool you do not have to wait for a phone call or for arranging a meeting in order to get the documents reviewed. What you need to do is simply upload the document into the tool you are using and the reviewers will automatically be notified about the uploaded documents via email.

6. Satisfied employees, better work

When your team enjoys flexibility in where and how they work and have good functional collaboration tools that are easy to use and helpful, your employees are sure to enjoy satisfaction at work.

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Whatare Collaboration Tools?

  • Collaboration tools can increasea business’s effectiveness, efficiency and communication capabilities. They canseamlessly help team members in different locations connect with each other andunderstand what the whole team is doing. Real-time collaboration prevents duplicationand enables group projectwork. Forexample, complex engineering projects inv...
See more on microsoft.com

What Can Collaboration Tools Do For Your Business?

  • Collaboration software presents users with a dashboard which also acts as a bulletin board. Users can see items posted to the dashboard and channels, such as messages, ideas, documents, links or videos and other content. This happens under various functional categories, headings and people. More specifically: 1. Users get an overview of what’s going on across the …
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Why Usecollaboration Tools in A Small Business?

  • You might think smallbusinesses don’t need collaboration tools as much as large corporations, but theycan still benefit from using them. Here are some of the reasons why collaborationis more important than ever, even for small businesses: 1. Many smallprofessional firms, owners, and consultants work from different locations. Smallbusiness owners don’t need to run their busines…
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My Business only Has A Few Employees – Do I Really Need Collaboration Software?

  • Collaboration software helps your teams get organized and be more efficient. But would it help a small team in a single location? Or will collaboration software just force people to write messages and use an additional application when they don’t really need to? Let’s say your business only has 2 or 3 team members, and you all work in the same space most of the time. Even in these cases…
See more on microsoft.com

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