7 SaaS Tools that Fast-Growing Companies Need in 2022

The pandemic affected businesses worldwide. Almost 90% of small businesses experienced a negative impact because of Covid-19. But despite the challenges, there are still many companies that have managed to not only survive but thrive. These companies have one thing in common: they’re making use of SaaS tools to stay ahead of the competition. 

To succeed in today’s competitive marketplace, businesses need to be able to quickly adapt to change. A software development platform lets businesses quickly develop and adapt to the new way things work. The best part: switching to new SaaS tools is simple as you don’t have to worry about your old IT infrastructure. 

If you’re looking to grow your business in 2022, learn about the best SaaS tools that you need to be using. This article reviews 7 SaaS tools that will be essential for fast-growing companies in 2022:

7 SaaS Tools Essential for Fast-Growing Companies

1. Project management software 

If you’re juggling multiple projects at once, project management software can help you stay organized and on track. For businesses that are expanding their operations and offering remote work, the need to have a project management tool is increasing. A cloud-based project management tool helps businesses plan, execute, and deliver projects of all sizes. 

We recommend Asana or Trello.

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• Asana helps you to easily track and manage tasks. It offers a variety of features, including the ability to create custom workflows, assign tasks to team members, and track progress.
• Trello has an easy-to-use interface and a variety of features, including the ability to create custom boards, add labels and due dates to tasks, and attach files.

Managing project plans, assigning tasks to team members, and tracking progress are the ingredients of a successful and growing team. A project management tool puts you on that track. 

2. Parking management software

Well, if your company is fast-growing and employees have to work from the office, you will be facing another issue – a lack of parking. As cities continue to grow, the demand for parking in urban areas continues to increase. 

This can be a major headache for businesses, especially if they don’t have a parking management solution in place. Wayleadr is a parking management software that helps businesses find and reserve parking spots for their employees. 

The tool helps you find and reserve parking spots for your employees, so they don’t have to waste time searching for a place to park. With the software, businesses can search for parking by location, price, and amenities, and then reserve a spot in advance. 

Remove all the parking barriers for your employees so they don’t get frustrated by a simple thing such as parking. 

In addition, Wayleadr helps in generating employee parking revenue, optimizing car parking accuracy, and giving updates about parking availability. In a world where sustainability is of utmost importance, the tool also helps you reduce your carbon footprint.  

3. Marketing automation software 

Marketing automation software helps you automate repetitive tasks so that you can focus on more important things. In 2022, it’s essential to have a tool that can help you automate your marketing processes and manage your online presence. 

Hootsuite and HubSpot are two of the most popular marketing automation tools.

• Hootsuite lets you create social media calendars. Assigning tasks to employees is also simple using the tool. It also focuses on the all-important performance marketing.
• HubSpot is a SaaS platform that helps businesses build and manage their blogs, social media accounts, marketing, and sales campaigns. 

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Fast-growing companies have to track leads, measure their website’s traffic and performance, and create custom reports. A data-driven marketing strategy is a key to growth. So, investing in software that helps you strategize and execute your marketing plans is a must. 

4. Accounting software 

For a fast-growing company, it is essential to have a system in place that can track all financial transactions. Stakeholders need to know where the money is being spent and how it is being used.

Companies realize that only focusing on improving their top line will not be helpful in the long term. The ultimate goal is to go towards profitability and sustainability. 

So, it is essential to focus on both top-line growth and bottom-line growth. The better you track your company’s financial performance, the higher the chances of making informed decisions that lead to growth. Accounting software makes it easy to manage your finances and keep track of your expenses. 

QuickBooks and Xero are two of the best accounting tools on the market. 

• Quickbooks lets you track your income and expenses, create invoices and estimates, manage your bills, track your bank accounts and file your tax.
• Xero is cloud-based accounting software that helps businesses easily connect to their banks, accountants, and bookkeepers.

For a fast-growing company that is seeking new rounds of investment, it is essential to have a clear financial picture. This is because investors need to see how their money is being used and the company’s financial status. So, invest in accounting software that manages finances and creates reports.

5. Human resources (HR) software

HR software helps you manage your employees more effectively. The features offered by these tools will help you, onboard new employees, manage employee records, and store employee information in one place. 

If you’re looking for an all-in-one HR solution, we recommend BambooHR or Zenefits.

• BambooHR is an HR software that helps businesses recruit, onboard, and manage their employees. The tool helps businesses automate repetitive HR tasks so that they can focus on more important things. With the software, businesses can track employee performance, manage employee records, and store employee information in one place.
• Zenefits is an all-in-one HR platform that helps businesses manage their employees more effectively. The platform offers a variety of features such as payroll, benefits, compliance, and performance management. With Zenefits, businesses can automate repetitive HR tasks so that they can focus on more important things.

6. Business intelligence (BI) software

Simply looking at your financial data is not sufficient to give you insights into your business. As businesses increasingly rely on data to make decisions, they will need a tool that can help them collect, organize, and analyze data.

Power BI and Tableau are two of the most popular tools on the market. 

• Power BI is a powerful data analytics platform that helps businesses turn data into insights. With Power BI, businesses can easily collect data from multiple sources, create reports and dashboards, and collaborate with team members to make data-driven decisions. 
• Tableau is a data visualization tool that helps businesses understand their data by creating interactive charts and graphs. Data is presentable in the form of worksheets which makes it easy to share and collaborate with others.

7. Customer relationship management (CRM) software

Managing your customer relationships is the key to growing your company. It’s especially useful for your sales team. A CRM will help you keep track of your scheduled meetings, and calls, and send out emails to team members or customers in real-time. It also stores customer data so you can better understand their needs and provide them with the best possible service.

Salesforce is the most popular CRM tool, but there are many other great options out there, like Freshsales.

• With smarter marketing, Salesforce lets you fill your sales pipeline. It also stores customer information in one place, making it easy to track customer interactions and sales campaigns easily. 
• Freshsales helps businesses engage leads quicker. It has a built-in chat, email, and phone system all in one so you can communicate with your customers easily. It also has features like Lead Scoring, which allows you to categorize leads into hot, warm, and cold. 

As the world becomes more connected, businesses need to be able to communicate with customers and employees located around the globe. A CRM tool can also serve as a communication platform that helps them stay connected with potential clients and customers worldwide. 

Wrapping up

To stay competitive in today’s ever-changing business landscape, fast-growing companies need to have the right software in place. No matter what industry you’re in or what stage of growth your company is at, having the aforementioned SaaS tools can help you take things to the next level in 2022. 

As your business grows, your workforce is likely to be working from different parts of the world. Making use of SaaS tools can help you stay connected with colleagues and customers worldwide.

A CRM system will help you manage your customer relationships more effectively, which is essential for any business looking to grow. Similarly, a BI platform can help you make data-driven decisions that will help improve your bottom line. 

An HR management system can help you streamline your HR processes and manage your employees more effectively. Most importantly, a project management tool can help you keep track of your projects and ensure that they are completed on time and within budget.

By investing in these tools in 2022, you’ll be positioning your company for continued success in the years to come. 

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