10 Benefits of a Digital Workplace: Why Do Companies Need One?

1. Increased Flexibility

How can a digital workplace increase your organization’s flexibility?

In an effective digital workplace, employees enjoy an increase in flexibility in both their work schedules and in their work environment. With digital tools, such as mobile intranet software, your employees can connect from anywhere, with less focus on a strict schedule. This gives them the flexibility to achieve a work-life balance that fits more cohesively with their personal lives.

2. Reduced Operational Costs

How can a digital workplace reduce your operational costs?

By opting for virtual meetings and interactive chat boards, you can reduce or eliminate in-person collaboration, which saves on travel and overhead costs like office space and furniture. And if you choose a SaaS platform, you won’t need a large IT team to manage on-premise servers or custom software that needs time-consuming upkeep.

3. Improved Productivity and Efficiency

In today’s age of shared Google Docs and community calendars, it is becoming increasingly easier to collaborate in real time to get projects done now, not later. These digital advances streamline processes and allow employees to get more work done in less time.

In fact, in a recent survey from cloud provider CoSo Cloud, 77 % of remote workers are already reporting higher productivity levels. This is likely due to digital advances that streamline processes and allow employees to get more work done in less time.

Additionally, if you choose user-friendly tools your teams can use and troubleshoot on their own, it’ll free up IT experts and internal support teams to focus on crucial tasks.

4. Increased Revenue

When an organization has the capability to reduce costs and increase productivity simultaneously, that ultimately results in increased revenue. In fact, according to Avanade’s definitive digital workplace research, organizations have seen a 43 % increase in revenue by implementing digital workplaces.

5. Enhanced Communication and Innovation

How can a digital workplace enhance your organization’s communication and innovation?

By encouraging two-way communication between lower-level and higher-level employees, a well-constructed digital workplace allows the free-flowing exchange of ideas within your organization.

A social intranet like LumApps is designed to encourage idea sharing between employees at all levels by using communication tools like interactive surveys, which ensure that everyone has a chance to express their opinions and ideas.

Watch the LumApps Demo

6. Heightened Employee Experience

How can the digital workplace heighten your employees’ experience?

Collaboration tools, like employee directories, social profiles and activity feeds, allow employees to communicate and connect with each other, creating a strong professional bond that promotes teamwork and creates a sense of belonging.

7. Increased Performance

How can a digital workplace increase your performance?

Using effective digital tools, such as an intranet that can leverage Google Analytics integration, will allow you to identify KPIs like bounce rate and time spent on site. With this information, you can determine areas of improvement to optimize your processes – both internally and externall

8. Strengthened Talent Recruitment and Retention

Top candidates have come to expect exceptionally progressive and advanced work environments. By delivering on those expectations via a digital platform, you’ll be able to attract candidates who are skilled and innovative.

Moreover, companies that have adopted a digital workplace have experienced a 25 % lower turnover rate, which means those talented employees are more likely to stay with the business that provides digital opportunities.

9. Improved Employee Satisfaction

How can the digital workplace improve your employee satisfaction?

In the right digital workplace, there are opportunities to network with peers, connect with team members and share ideas. These capabilities, which all allow employees to freely express their opinions and feel valued, promote employee happiness and engagement.

Furthermore, employees who work remotely even just once a month have reported that they are 24 % more likely to feel happy while working. The digital workplace greatly facilitates remote work for all, making your workforce more flexible and responsive to employee needs.

10. Improved Customer Experience

Employees who have a stronger work-life balance, who feel as though they are being heard, and who are given the tools to do their work efficiently and with less stress will become stronger brand advocates. By natural consequence, this will lead to employees who care more, thus resulting in happier customers as well.

Why Do You Need a Digital Workplace?

All ten of these business benefits are within your reach if you have a digital workplace that provides business value and meets the needs of your organization. So, if you’re thinking about building a digital workplace from scratch or improving your existing one, don’t wait. The sooner you start, the sooner you’ll see the real benefits of the digital workplace.

Your Digital Workplace with LumApps