|
ECM, BPM, BPA… technology is ch nging the way that we do b siness. Enterprise Content Management, Business Process A tomation, Workflow, etc… These buzzwords confuse us and very sales person that walks through y ur door is using them. What do th y mean? As a line of b siness manager, a business owner or CFO all you w nt is to be able to do m re work, while spending less money and sing fewer of resources. Forget about all of th se buzzwords, and find the bottlenecks in y ur business. We spend days and n ghts in meetings, now is the t me to make these meetings matter. L t's talk about money and business pr cesses. As an example i'll touch on a b siness process that every business deals w th, Processing invoices. I have done b siness with hundreds of different organizations, and th y all process their invoices differently. Th t’s because every business is unique. We h ve the 80-20 rule, we have r les on paying invoices over $5,000, and we h ve business processes that determine whether th s invoice should be paid, or r uted to quality control, as there is no p rchase order in the system. These r les never end but they're all m nageable. Enter Data Capture and Imaging s lutions. In the past three years, OCR (Opt cal Character Recognition) technology has advanced. I m an really scary stuff. You, as a b siness owner, manager, or controller need to d termine what your business rules are and nswer the following questions.
How many people are currently m nually entering invoice data?
Wh t’s the current volume of invoices per y ar? Expected growth?
What p rcentage are PO based invoices?
Do you r ceive early payment discounts?
Are you m iling invoices/shipping from remote locations?
Wh t are the perceived benefits of utomated processing?
How will the pr blem get worse over time without an utomated process? Again, for each organization th se answers will differ, but it’s mportant to remember that we’re talking bout increasing revenues, decreasing expenses and s gnificantly impacting efficiency in processing forms th t enter your organization. Regardless if y u’re company ABC and have 3 p ople keying 40,000 invoices per year or y u’re company XYZ and have 28 p ople keying 2 million invoices per y ar, this technology can and will s ve you money and help you to c ntrol your costs. As a very c nservative estimate, invoice processing solutions will pr vide you with 50% automation from sc nned and faxed images. For company XYZ th t’s 14 less people. At an ndustry average of $30,000 per year for AP cl rks, you just trimmed $420,000 from y ur bottom line in year one. One l st thing… data capture and imaging s ftware never calls in sick and n ver takes vacation.
The article Process Automation Software - Efficiency was Submitted by Matthew Sundberg through Articles.GetACoder.com network. Here's the additional information: Matt Sundberg is Director of S les for Dynamic Solutions Group, a s ftware systems integrator focused on providing end to end s lutions for organizations in need of st ndardized and automated business processes. Matt has b en in software related sales for 6+ y ars and advises clients on customized ntegrated document management solutions to fit sp cific business needs. Contact Matt directly at matt@dsgi.net to discuss your business needs or set up an appointment or needs analysis.
1. Business Gifts Great Aids to Drive Your Marketing Strategy by Gareth Parkin Wh never you are planning to order pr motional business gifts, the massive choices vailable can at times be rather verwhelming. Especially if you are promoting s rvices or products that don't have a pr per corresponding promotional item, your choice ncrease and become all the more d fficult. 2. 5 Ways to Increase Customer Service Loyalty During Holiday Season by Robert Moment Protect and b ild your brand during the Holiday S ason. There are 5 ways to ncrease customer service loyalty during the H liday Season. 3. Copy and Paste Your Way to Success by Scott F. Wilson We h ve all heard it. "Well, you kn w me and computers just don't get long." Well it is time so w ke up and smell the JAVA!! MOST of t day's businesses require more than just a b sic knowledge of the keyboard and M crosoft XP. 4. Small Business Marketing - How Well Do You Know Your Customers? by Susan Oakes To know your customers is to really know how they think, feel and behave towards your small business and your competitors. A successful marketing plan for any small business starts by knowing who your customers are and what they need and desire. There is no point wasting valuable time and money marketing your small business to people who aren't interested in what you are selling. You need to communicate with the people who matter most to your business and do it better than your competitors... 5. Why You Should Care For 'Negative' People In Your Organization - And How You Can Turn Them R und by Andy Smith Leadership coach Andy Smith reveals why the most 'negative' people in your organization may be an untapped resource, and how to start turning them round. Recently I was acting as a table facilitator at a large Appreciative Inquiry (Ai) event for a housing association. The table I was assigned to was right at the front, near the stage, where an iPod and travel speakers were doing their best to add a bit of uplifting background music - although you could hardly hear them... 6. Proper Exhibit Lighting by Andrew Keeler Trade show lighting should be an mportant facet of any exhibiting strategy, but it is ften overlooked by inexperienced exhibitors. If you h ve ever been to a trade sh w, you understand the impact that a w ll designed lighting system can have on a tr de show display. Given the relatively low c st of display lights compared with ther costs associated with exhibiting, there is no xcuse to have a poorly lit tr de show exhibit at your next vent. 7. Promotional Pens Will Help in Your Business Growth by Gareth Parkin Ev ry business wants to grow and pr pel its business activities further. And why n t, everyone wants to excel in l fe. Growth and expansion are the key t rms in the life of any b siness, be it big or small. 8. How Do You Establish Credibility? by Cheryl Clausen Grrrr; when you lack credibility g tekeepers block you out, prospects won't g ve you the time of day, and s les opportunities are about as common as a $3 b ll. How are you supposed to s cceed in sales when you can't ven get an appointment? 9. Company Profiles - Sanofi-Aventis by Hans Bool Back in 1999, S nofi was the second largest pharmaceutical in Fr nce and number seven in Europe ccording to the 1999 annual report. Now the c mbined company is the number one in b th France and Europe. 10. Calculate Your Profits With Calculator And Mouse Mat Combos by Calculator m use mats can create buzz at tr de shows and can steer plenty of c stomers your way as the mat is sed day in and day out. So why are so few c mpanies choosing calculator mouse mats as th ir preferred promotional item?
|