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The Challenges of Managing Remote Teams and Tools to Help – ReadWrite



The Challenges of Managing Remote Teams and Tools to Help - ReadWrite

The benefits of having a remote or partially remote team are striking and have become much more apparent in the last year. Studies show that remote workers are generally more productive, healthier, and happier than their office counterparts. At the same time, employers can experience 50% better retention and save $11,000 per remote work, per year, on average.

It isn’t easy to see why any manager wouldn’t want their team working remotely with all these benefits. However, some challenges have left some companies feeling unsure if they are ready to embrace a permanent remote workforce.

Fortunately, advances in automation tools can help ease the burdens on managers of remote teams. Read on to find out what challenges you may face as a remote team manager and how you can reduce the burden using automation.

Challenges of Managing A Remote Team And Creative Solutions

There will be different challenges for different industries. But, of course, every business and even every team within a company will have its own unique obstacles to overcome when it comes to managing remote workers.

There are a few key areas to be aware of. Here are some of the biggest frustrations of remote team managers and our favorite automation solutions.

Training and Onboarding

Providing effective training to new hires is one of the biggest challenges to managing a remote team. Some managers complain that when training new team members, they simply can’t judge the focus of the new remote hire over a screen, and it is harder to tell if they are really “getting it.”

A manager could sit down with a new hire in an office setting and watch them complete a task. The new hire could easily ask questions as they go, and the manager could observe their expressions and methods to make corrections before they become bad habits.

As a result of not seeing all of the nonverbal visual cues an employee might give during training, the onboarding process takes a lot longer, and managers are struggling to find the time.

Another challenge that can arise happens when training a group of new employees. Because everyone moves at their own pace, training a group over zoom or another video conferencing platform can prove very inefficient because some trainees will finish training tasks earlier than others and could spend hours of time simply waiting for the rest of the group to catch up.

Tools that can help: Automated Task Dependencies and Learning Management Systems (LMS)

If you have many new hires that must go through more complex or rigorous training, there are many cloud-based learning management systems that include automation.

Programs such as AbsorbLMS, Cornerstone, and Docebo will allow you to create an entire training program complete with tasks, materials, certificates, and more.

You can even create a training program that incorporates other departments and “gamifies” the training with awards and certificates so that employees are motivated and engaged with the material. With your training almost entirely automated, you may even spend less time training new hires than if they were physically in an office with you.

Additionally, when new employees can learn at their own pace, take quizzes along the way to make sure they understand the material, and receive fun incentives to complete assignments, training might be more effective than ever.


With your team working from home, it can be challenging to know whether people are distracted, letting things fall through the cracks, or even sleeping on the job.

In some industries, it won’t matter when the work gets done as long as it gets done, but remote team managers still need an efficient way to keep track of all tasks, projects, and deadlines so that nothing is missed.

Employees may need to be awake and alert during working hours to answer occasional calls from clients and co-workers in other organizations. So how can managers in both of these situations keep track of everything without spending their entire day chasing down each individual remote worker or having workers waste hours filling out tedious reports?

Tools that can help: Activity Tracking, Repeating Reminders, and Form Automation Software

It is well known that you can use team collaboration software such as Slack to send out repeating reminders. So why not use this feature to send team members a weekly (or even daily) reminder to submit a recap of what they’ve accomplished, what they’ve been working on, or what their goals are?

Combine this with a form automation software such as Hubspot or Prontoforms. You can allow your employees to quickly and easily input updates on their day or week, and you can see the data all neatly displayed in an intuitive spreadsheet without wasting time on formatting.

Suppose you are concerned that employees may not be as alert as they need to be during business hours. In that case, activity tracking and sales automation software such as Pega can automatically track and monitor activities, emails, and even assignments given to other staff without employees entering any information. This way, your team can focus on the most critical work.


For busy teams, collaboration is always a challenge. Although the ability to work independently is essential for remote teams, hyper-independence can lead to disunity and problems that end up costing the company time and money. If you deal with different time zones and work around individual schedules, collaboration can become an even more significant challenge. It is essential for managers to ensure that everyone is on the same page.

The best way to do this is by implementing workflows that incorporate checks and balances between team members. This is easy to do with the right automation tools.

Automation Tools that can help: Project Management Software, Calendar Integration, and Recurring Meetings

Project management software platforms allow users to efficiently work on tasks collaboratively. For example, most platforms such as Asana will enable you to organize tasks and projects so that users with access to a particular project can see all tasks within the project, who is working on them, and how much progress has been made.

If a review of a document is necessary, it can be assigned to another team member automatically with a deadline set based on logic commands. When you add in Calendar integration, team members will be able to see at a glance which of their co-workers have availability to collaborate on projects, even if they are in different time zones.

Video conferencing platforms such as Zoom will allow managers to effortlessly schedule repeating team meetings. For example, when integrated with Slack, you can automatically send out reminders through the team collaboration software with a zoom link.

Final Thoughts

Businesses have been using automation for years to free up employees and managers from the monotonous, repetitive, and tedious aspects of their work to have the time and energy to focus on the complex, creative work they were hired for.

Excitingly, advances in automation technology have allowed for nearly limitless opportunities and ways to use the software. Now, with remote work at an all-time high, it is the perfect time to assess possible time and energy drains, pain points, and extra stress that has been brought about by the transition to a remote workforce.

Once you’ve identified these, it will be easier to find an automation software or feature to help your remote teams be productive, efficient and fulfilled.

Image Credit: rodnae productions; pexels; thank you!

Reuben Yonatan

Reuben Yonatan is the founder @ GetVoIP — an industry leading business comparison guide that helps companies understand and choose a VoIP system for their specific needs. Follow on Twitter @ReubenYonatan


Fintech Kennek raises $12.5M seed round to digitize lending



Google eyed for $2 billion Anthropic deal after major Amazon play

London-based fintech startup Kennek has raised $12.5 million in seed funding to expand its lending operating system.

According to an Oct. 10 report, the round was led by HV Capital and included participation from Dutch Founders Fund, AlbionVC, FFVC, Plug & Play Ventures, and Syndicate One. Kennek offers software-as-a-service tools to help non-bank lenders streamline their operations using open banking, open finance, and payments.

The platform aims to automate time-consuming manual tasks and consolidate fragmented data to simplify lending. Xavier De Pauw, founder of Kennek said:

“Until kennek, lenders had to devote countless hours to menial operational tasks and deal with jumbled and hard-coded data – which makes every other part of lending a headache. As former lenders ourselves, we lived and breathed these frustrations, and built kennek to make them a thing of the past.”

The company said the latest funding round was oversubscribed and closed quickly despite the challenging fundraising environment. The new capital will be used to expand Kennek’s engineering team and strengthen its market position in the UK while exploring expansion into other European markets. Barbod Namini, Partner at lead investor HV Capital, commented on the investment:

“Kennek has developed an ambitious and genuinely unique proposition which we think can be the foundation of the entire alternative lending space. […] It is a complicated market and a solution that brings together all information and stakeholders onto a single platform is highly compelling for both lenders & the ecosystem as a whole.”

The fintech lending space has grown rapidly in recent years, but many lenders still rely on legacy systems and manual processes that limit efficiency and scalability. Kennek aims to leverage open banking and data integration to provide lenders with a more streamlined, automated lending experience.

The seed funding will allow the London-based startup to continue developing its platform and expanding its team to meet demand from non-bank lenders looking to digitize operations. Kennek’s focus on the UK and Europe also comes amid rising adoption of open banking and open finance in the regions.

Featured Image Credit: Photo from; Thank you!

Radek Zielinski

Radek Zielinski is an experienced technology and financial journalist with a passion for cybersecurity and futurology.

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Fortune 500’s race for generative AI breakthroughs



Deanna Ritchie

As excitement around generative AI grows, Fortune 500 companies, including Goldman Sachs, are carefully examining the possible applications of this technology. A recent survey of U.S. executives indicated that 60% believe generative AI will substantially impact their businesses in the long term. However, they anticipate a one to two-year timeframe before implementing their initial solutions. This optimism stems from the potential of generative AI to revolutionize various aspects of businesses, from enhancing customer experiences to optimizing internal processes. In the short term, companies will likely focus on pilot projects and experimentation, gradually integrating generative AI into their operations as they witness its positive influence on efficiency and profitability.

Goldman Sachs’ Cautious Approach to Implementing Generative AI

In a recent interview, Goldman Sachs CIO Marco Argenti revealed that the firm has not yet implemented any generative AI use cases. Instead, the company focuses on experimentation and setting high standards before adopting the technology. Argenti recognized the desire for outcomes in areas like developer and operational efficiency but emphasized ensuring precision before putting experimental AI use cases into production.

According to Argenti, striking the right balance between driving innovation and maintaining accuracy is crucial for successfully integrating generative AI within the firm. Goldman Sachs intends to continue exploring this emerging technology’s potential benefits and applications while diligently assessing risks to ensure it meets the company’s stringent quality standards.

One possible application for Goldman Sachs is in software development, where the company has observed a 20-40% productivity increase during its trials. The goal is for 1,000 developers to utilize generative AI tools by year’s end. However, Argenti emphasized that a well-defined expectation of return on investment is necessary before fully integrating generative AI into production.

To achieve this, the company plans to implement a systematic and strategic approach to adopting generative AI, ensuring that it complements and enhances the skills of its developers. Additionally, Goldman Sachs intends to evaluate the long-term impact of generative AI on their software development processes and the overall quality of the applications being developed.

Goldman Sachs’ approach to AI implementation goes beyond merely executing models. The firm has created a platform encompassing technical, legal, and compliance assessments to filter out improper content and keep track of all interactions. This comprehensive system ensures seamless integration of artificial intelligence in operations while adhering to regulatory standards and maintaining client confidentiality. Moreover, the platform continuously improves and adapts its algorithms, allowing Goldman Sachs to stay at the forefront of technology and offer its clients the most efficient and secure services.

Featured Image Credit: Photo by Google DeepMind; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

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UK seizes web3 opportunity simplifying crypto regulations



Deanna Ritchie

As Web3 companies increasingly consider leaving the United States due to regulatory ambiguity, the United Kingdom must simplify its cryptocurrency regulations to attract these businesses. The conservative think tank Policy Exchange recently released a report detailing ten suggestions for improving Web3 regulation in the country. Among the recommendations are reducing liability for token holders in decentralized autonomous organizations (DAOs) and encouraging the Financial Conduct Authority (FCA) to adopt alternative Know Your Customer (KYC) methodologies, such as digital identities and blockchain analytics tools. These suggestions aim to position the UK as a hub for Web3 innovation and attract blockchain-based businesses looking for a more conducive regulatory environment.

Streamlining Cryptocurrency Regulations for Innovation

To make it easier for emerging Web3 companies to navigate existing legal frameworks and contribute to the UK’s digital economy growth, the government must streamline cryptocurrency regulations and adopt forward-looking approaches. By making the regulatory landscape clear and straightforward, the UK can create an environment that fosters innovation, growth, and competitiveness in the global fintech industry.

The Policy Exchange report also recommends not weakening self-hosted wallets or treating proof-of-stake (PoS) services as financial services. This approach aims to protect the fundamental principles of decentralization and user autonomy while strongly emphasizing security and regulatory compliance. By doing so, the UK can nurture an environment that encourages innovation and the continued growth of blockchain technology.

Despite recent strict measures by UK authorities, such as His Majesty’s Treasury and the FCA, toward the digital assets sector, the proposed changes in the Policy Exchange report strive to make the UK a more attractive location for Web3 enterprises. By adopting these suggestions, the UK can demonstrate its commitment to fostering innovation in the rapidly evolving blockchain and cryptocurrency industries while ensuring a robust and transparent regulatory environment.

The ongoing uncertainty surrounding cryptocurrency regulations in various countries has prompted Web3 companies to explore alternative jurisdictions with more precise legal frameworks. As the United States grapples with regulatory ambiguity, the United Kingdom can position itself as a hub for Web3 innovation by simplifying and streamlining its cryptocurrency regulations.

Featured Image Credit: Photo by Jonathan Borba; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

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