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5 Benefits of Virtual Collaboration That Can Boost Your Bottom Line

Over the past few years, virtual collaboration has had benefits for businesses everywhere. Learning about these benefits and how you can utilise them can offer your business a massive boost, so here are the top five ways virtual collaboration can help you to get the most out of every workday.

1. Productivity

Virtual collaboration can boost workplace productivity in a number of ways. It allows you and your employees to share ideas instantly, without having to find time in the schedule to get everyone in one place. This also means that people can start offering feedback immediately. You can use Horizon Collaborate to stay in touch throughout the day, including with remote workers, and it’s up to you whether you want to do this through video, voice calling, or instant message.

Being in constant communication also means you can check in on employees and make sure they’re staying on task, even if they’re not in the office.

2. Effective Communication With Remote Workers

Many businesses have adopted a hybrid work model, but some worry about how effectively they’re communicating with people who aren’t physically present. Much of human interaction relies on body language, so it’s easy to miss non-verbal cues and context when you’re not in the same room as the people you’re talking to. Collaborating via video solves this issue, as you can see everyone on the screen and hear their tone of voice.

This may actually be a better way to read body language than an in-person meeting, as when participants are all on screen together, you can see everyone at once rather than having to look around a room. This means you’re more likely to notice when someone’s expression suggests they have an idea they want to share, and it’s easier to spot when someone doesn’t understand, allowing you to clear up any confusion right away.

3. Employees Feel Involved

Collaborating virtually gives everyone a chance to pitch in and make suggestions. Some people may feel more confident providing feedback and sharing their thoughts in a virtual environment – while everyone turning to look at one person in an in-person meeting can be intimidating, the combination of video and text means participants can offer insightful contributions throughout the meeting without having to wait for the chance to talk, which means more ideas are distributed in a shorter space of time.

4. Expand Your Hiring Pool

The ability to collaborate regardless of location means you’re not limited to hiring candidates in the immediate area. If you’re happy for a position to be fully remote, you can advertise for and hire new employees on a global scale, meaning you can find the best person for a role within your company – even if they’re on the other side of the world!

5. Save Money

Virtual collaboration allows for a remote workforce, which can result in a significant reduction in bills. Office equipment uses a lot of electricity, and heating a large building in winter is expensive. Plus, there’s the cost of renting an office in the first place. Utilising a virtual workspace eliminates these expenses entirely.

And there you have it – 5 meaningful benefits of virtual collaboration that can sustainably boost your bottom line.

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