Great workflow hacks, a malware warning for Windows users, a new app to help small businesses collect faster, the uncanny persistence of tape storage, and six other developments in technology this past month and how they’ll impact your clients and firm.
1. Workflow hacks that are better than spreadsheets
Why this is important for your firm and clients: I like to include news in this column, but couldn’t resist sharing Sacolick’s advice because so many of us use spreadsheets in our businesses and these tips are really, really good. If you or your key employees are big spreadsheet users then read his column, you’ll learn a lot.
2. A malware warning for Windows users
Why this is important for your firm and clients: To prevent this, be aware of suspicious emails about free software and keep two-factor authentication for all passwords. And get training for your employees — lots of training.
3. An app to help small biz collect faster
Why this is important for your firm and clients: What Plastiq hopes to achieve through this app is to have business owners rely less on paper transactions, help level the playing field against larger companies, and help business owners to collect money faster. "We've designed Plastiq Pay to help a small-business owner organize the back office before digitizing their business, to support remote work and to unlock and operate different forms of working capital that businesses have at their disposal," said Stoyan Kenderov, chief operating officer at Plastiq in an interview with ZDNet. "And if they don't have working capital at their disposal, we offer a spot credit to help.”
4. Tape storage persists
Why this is important for your firm and clients: See that? Sometimes old-school still works!
5. A new whiteboard feature on Zoom
Why this is important for your firm and clients: As the pandemic wanes and more people go back to the office, Zoom — like other virtual platforms — is looking for ways to keep their subscribers paying their monthly fees. I expect that the whiteboard feature will be the first of many innovations to turn a typical Zoom meeting into something more interactive and engaging.
6. DIY repairs for iPhones are here
Why this is important for your firm and clients: Despite the concerns, this gives you and your employees more options for repairs. I expect to see a number of phone repair shops take Apple up on these offerings and compete on price so that you’re not forced to only deal with one company. So the next time you need service done for your iPhone, you won’t automatically need to go to the Apple Store.
7. ‘Buy now, pay later’ apps catch on
Why this is important for your firm and clients: The government is taking a closer look at some of the practices of the companies offering BNPL products because interest rates and fees can be high if shoppers don’t pay their bills on time, and disclosures are inconsistent. But if a seller makes sure their customers are aware of the downsides, using a BNPL service can make a difference on sales, particularly if for those in retail and selling larger-ticket items like furniture or appliances.
8. Nextdoor expands services for SMEs
Why this is important for your firm and clients: Nextdoor is a hyper-localized version of Facebook and it’s a very popular platform in my neighborhood — maybe even yours. If your clients sell nationally, maybe this isn’t the platform for them. But if, like most small businesses, they rely on local customers for their trade, then expanding their presence on this platform through increased engagement and advertising could very well result in higher revenues.
9. Apple Business Essentials available to small biz in U.S.
Why this is important for your firm and clients: I’m not an Apple user and yet I’m very happy to see this! That’s because I have many clients who do love their Apple products and have complained for years about the lack of tools and services available for them. Also, it’s good to see more options for repairing and managing these devices. If my business was using Apple products, I’d be signing up for one of these plans.
10. AI face generation fakes LinkedIn profiles
Why this is important for your firm and clients: I get inundated with connection requests on LinkedIn from many profiles that seem suspect and it seems like this problem is only going to get worse. Deepfake technology can impersonate voices, videos and, of course, photos and AI can create fake profiles to engage and possibly extract confidential data. I need to watch this closer — and so do you.
Note: Some of these stories also appeared on Forbes.com.