DETROIT – When it comes to running a successful company, your employees are the backbone of your business. To ensure everything runs smoothly, effective communication is a must – especially if your company spans multiple destinations across the world.

From differing time zones to varied work schedules, it is essential to have an efficient internal communication strategy in place to ensure all employees throughout your company can collaborate without a hitch. For this reason, an excellent company intranet is a key to the success of your company. Here are a few ways an intranet can improve company communication.

Share Knowledge Internally

A centralized communication platform will allow your company to share essential knowledge internally. Studies show there is an approximate loss of $31.5 billion per annum among various Fortune 500 companies, and the reason for this loss revolves around inadequate internal knowledge sharing. Having a fantastic intranet system in place will allow employees to share knowledge easily and freely. This can be in the form of training videos, accessing business news, and company announcements. Overall, an excellent company intranet can help drive an elevated return on investment for your business.

Improves Transparency

Using the intranet portal, employees have the opportunity to speak to colleagues from all levels of the company. The alternatives include face-to-face communication and emails. However, speaking to people face to face can be difficult if employees are spread across different offices, and emails can get lost in a chaotic inbox. From colleagues in other departments to senior management across various offices, the company intranet can help bridge the internal communication gap. The software provided by Simpplr is an example of an intranet that truly improves company communication. Their modern intranet is purpose-built and will help keep your organization on the same page.

Allows You to Automate Routine Tasks

One of the fantastic things a modern intranet portal can do is give you the ability to automate routine tasks. These tasks reduce productivity in the workplace by wasting precious time. Operational tasks that can be automated include submitting forms, purchase orders, IT support tickets, and leave management.

Boosts Employee Engagement

As mentioned above, a successful company is one that is filled with productive employees, and a healthy work culture can make a huge difference to your company. A company intranet can help boost employee engagement by recognizing their contributions. Employee recognition is great for morale and can help motivate the workforce. A fully-functional intranet can encourage employees to connect with each other. In turn, this can help reinforce friendships in the workplace. Increased levels of employee engagement and recognition will help make employees feel appreciated, which will make them want to work harder.

Excellent Return on Investment

Intranet helps companies communicate effectively and transparently, and it allows employees to coordinate their efforts efficiently, which means that collaboration is seamless. Employees can use it for documenting and organizational purposes. In turn, the benefits of the company’s intranet can make a positive difference to the business as a whole, which leads to an improved return on investment.

Bio: James Daniels is a freelance writer, business enthusiast, a bit of a tech buff, and an overall geek. He is also an avid reader, who can while away hours reading and knowing about the latest gadgets and tech, whilst offering views and opinions on these topics.