Making the job of your employees easier by assuring that they have what they need to perform at their best reduces stress. Showing them that you are taking steps to increase the profitability of each job will provide them more confidence in the company.

"Our...ability to readily locate critical tools, monitor routine maintenance schedules, and track broken equipment has saved countless labor hours and lowered the frustration level of our shop employees. By providing our employees an efficient method for obtaining, maintaining, and tracking tools and equipment, the CheckMate Tool Tracking System has effectively helped lower our operating costs," confirmed Thomas Hortman, Project Manager for AAI Textron Services Inc.

While technology won't cure the credit crunch business owners are facing, automated processes that improve cash flow and keep lenders in the loop, demonstrating that the business "has its act together" can go a long way in convincing lenders that their risk is low.