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Digital Transformation is for large firms only… NOT!

Digital Transformation is for large firms only… NOT!

Digitalisation is NOT expensive and is well within the reach of Small & Medium Businesses. This is how to start it for your organisation.

The best time to start digitalising was yesterday. The next best time is now | Photo by Austin Chan on Unsplash

Lest some may think we can quickly revert to our pre-COVID lives, the virus’ mutations and continued spread suggest it will be with us for some time.

Globally, the South Asian COVID situation continues to cause concern. Closer to home, a significant increase in COVID cases led Malaysia to impose a 3rd Movement Control Order while Singapore regressed to Phase 2 (Heightened Alert).

As we gear up for tightened measures once again, one silver lining is that there has never been more support than ever for the adoption of digital, both at the individual level, and for businesses.

If your organisation hasn’t started digitalising your operations in one form or another to operate in the COVID-normal, there isn’t a better time to start. There are many different software in the market that are affordable and easy to adopt.

How to Go Digital today?

It’s important not to start with the technology, but go back to basics of what the tech solution is meant to address.

Here’s how we think about it:

  1. Start with the problem — Is there a change in the business environment that is hurting your revenue or cost base? e.g. Is my business unable to serve dine-in customers thus impacting my topline? Or, is there a work process that is being done manually today, resulting in slowness, inefficiency or lost data or opportunities?
  2. What might be needed to solve this problem? (Don’t think about technology or product yet — just the ‘thing’ or ‘ingredient’ you need to plug the gap in (1))
  3. “Google it” — Chances are, yours is not the only company facing the problem. This means that there is probably already a tech tool in the market that has being developed and is being used by companies like you to solve the same problems that you face. This also means there’s usually no need for your business to have a “customised solution built for you” (which is likely expensive and most probably an overkill).
  4. Fit the workflow. Speak to industry peers about their experience adopting the tech tool. If possible, ask for a referral to the tech provider. Or for self-serve SaaS like ArcLab, simply go to our landing page and sign up for a free account to try the free tier out.
  5. Start small. Use the tech platform’s free (or lowest-cost) tier to try the product functionality. Test if it solves your problem in (1). Junk it if it doesn’t. Scale up if it does.

If you follow these steps, you will find that digital transformation for your business is very much possible without huge upfront investment (hurray for SaaS platforms!), and not at at daunting.

Start Now

If you’ve been thinking of digitalising your business to stay relevant in our new COVID-normal world, there’s no better time to start.

Meanwhile, let us offer a few software suggestions for the office & HQs:

1. A list of productivity software for Remote Work from our friends at HR SaaS platform Talenox:

2. ArcLab’s own list of useful software which we use ourselves:

There’s tons more online. Just “Google” it.

Contrary to what Business Consultants and more conventional System Integrators might tell you, Digital Transformation does NOT have to be an expensive exercise for your organisation. Don’t be taken for a ride.


Funding Support for Singapore firms

These are unprecedented times. If your business really cannot afford even the lowest-cost software that you’ve validated your business’ need for, there ARE schemes available to help.

For example, if you’re a Singapore business, there’s also funding support for specific areas, e.g. the Food Delivery Booster Package and E-Commerce Booster Package. Do tap on them to bring your F&B and retail business into the COVID-normal operating environment.

At ArcLab, while our full software is not free (read about the downsides of free software) we’re committed to making our software affordable for all businesses.

Get in touch today at growth@arclab.io.

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