What’s new?

The comprehensive guide to business email management

An effective email management framework for your business

Resources

Blog

Check out our blog for the latest on email management, news and more!

Case Studies

Find out how we've helped customers like Ramboll and Gensler.

E-books

Download our latest content to help you along your email management journey.

Implementing Ideagen Mail Manager

Hear from our customers how they implemented Ideagen Mail Manager and the benefits of doing so.

Podcast

Listen to all episodes of the Changing Construction and Digital World of Tomorrow podcasts.

Webinars

Hear about a variety of topics including risk, the digital world and more!

How can UK SMEs still thrive amidst increasing worry over price inflation and energy price rises?

11 January, 2023

As the cost-of-living crisis worsens and inflation hits 9%, businesses are left feeling the pinch. So what has been the overall impact on SMEs, and is it still possible for them to thrive in this climate?

Most small businesses have already been forced to start taking steps to deal with the rising costs, whether that is reducing staff to cut costs, introducing price rises or halting or scaling down their growth plans. Still, as we continue to go into more uncertainty about what the future holds, it looks like SMEs will have to embrace even more strategic methods to ride out the wave.

When everything is uncertain, it’s time to take control and optimise the areas we can control as a business. Even if these are seemingly minor improvements, these efforts will collectively make a huge difference. Mail Manager looks at some areas that companies can address to help them ensure they can still have the tools to continue to thrive going forward.

  • Create an energy audit

It is reported that 7 out of 10 businesses had found that energy bills were a barrier to growth last year, and with the steep energy price rises this year, this will almost certainly be one of the critical factors holding SMEs back. Now is the time to look closely at how you use your energy. Be sure you are tracking your business’s consumption to spot the processes driving up those energy bills and look for opportunities to evaluate those workflows to something more cost-effective and sustainable.

  •  

  • Adopt technology to drive efficiencies

Embracing technology is one of the best ways to drive cost savings and efficiencies throughout your business. Many solutions available today support your business to work faster and lower error and risk while removing the need for human labour. One area that could offer you some quick cost wins is to look at your processes and see where you can automate certain parts of the workflow process. According to a McKinsey report, the businesses finding the most success are the ones that implement software that can easily be scaled as the business grows. Today there are so many different tech solutions that are affordable to SMEs and provide them with the ability to scale effortlessly.

  • Embrace hybrid working

Since the pandemic, hybrid working has become an attractive option for staff with 52% of employees considering a move to hybrid or remote working. By providing a hybrid working approach, allows the company to operate from a smaller office or shared workspace with staggered working as all staff will not be required to be in at the same time.

Mail Manager is an email management solution that helps reduce the productivity drain on employees by helping take control of their inboxes and giving them hours back in their day. If you want to see how Mail Manager can help save you time and money, you can book your personalised demo below.

Suggested:

BIM

Information management: How the IMI is transforming the built environment

Mail Manager
In an era where data drives decision-making, the construction and infrastructure sectors are on the cusp of a transformative shift. The newly...
Read more
Industry

Tech adoption and collaboration in AEC: an IT leadership perspective

Mail Manager
Technology is rapidly reshaping the Architecture, Engineering, and Construction (AEC) industry, but is your business making the most of its...
Read more
construction

Why are construction disputes so common and what you can do to prevent them

Mail Manager
A dispute between two parties is the last thing you want at the end of a project, but unfortunately this is all too common an occurrence. While you...
Read more