A recent study from airSlate, a leader in document workflow automation solutions, has revealed that small and medium-sized businesses (SMBs) are ready to embrace automation and artificial intelligence (AI) to scale and compete in the current business landscape. The survey of 1,000 U.S. SMBs, conducted by Propeller Insights on behalf of airSlate, showed that SMBs are looking for purpose-built and cost-effective tech solutions to optimize their operations. Respondents ranked business productivity solutions, such as document workflow automation and esignature tools, as the most pressing technology needs. The study suggests that investing in the right business technology solutions and streamlining an unwieldy tech stack are essential to an organization becoming more productive.

Businesses of all sizes are preparing for a potential recession or economic slowdown. The possible downturn comes on the heels of three years fueled by pandemic pricing, rising inflation, a tight labor market, supply chain issues, and layoffs. While navigating these issues has been nothing short of extraordinary, maintaining business continuity and propelling growth results from smart business decisions. When business slows down during an economic downturn, smart leaders take this as an opportunity to prepare for the future when business returns to normal. Rather than sitting back or scaling down, companies that survive and thrive do so because they use this time to improve and enhance their business offerings.One key factor in business success is leveraging technology to create efficiencies, support cybersecurity, streamline processes, and improve the customer experience. But how can leaders prioritize tech when their minds are on other aspects of business health and management? By understanding the crucial role of tech in modern society.Whether processing payments, training employees, or sharing information, businesses must understand the importance of technology and how it can help them succeed in the long run.

Owners Bank, a digital bank created by Liberty Bank of Middletown, Connecticut, announced that their offerings are now available to small business owners in Pennsylvania. The bank's products and services are designed to meet the unique needs of small business owners, who often lack the resources necessary to succeed. Through this expansion, small business owners in Pennsylvania can now access the bank's digital tools and offerings, such as loans, checking and savings accounts, credit cards, and a suite of apps to make managing a business easier. According to a survey, 84% of small business owners are frustrated with the performance and support of their current bank.

The rapid advancement of technology has had a major impact on how businesses operate, and the Human Resources (HR) department is no exception. Small tech companies are particularly well-suited to the hybrid work era, which requires the seamless combination of remote and in-office work. To succeed in this new environment, these companies must be aware of the latest HR tech trends that can help them attract, retain, and manage top talent. Remote work tools are essential for collaboration, and HR teams must also be familiar with employee engagement software, performance management tools, and other innovative solutions.