Business Process Automation – a ladder to efficient system
– 80% SMEs across multiple industries struggling to automate – do you know why?
The companies which are unperturbed, even thriving under crisis like pandemics, economic upheavals, and unpredictable consumer behaviours, or in stiff competition, are found to be excellent in business decision-making.
The organizations we are talking about, are industry leaders, which achieve success in terms of financial performance, scalability, and exponential growth.
One of the key reasons, identified in multiple studies, for their exceptional success, is because, they are driven by technology transformation, process automation and integrated data-analytics.
Although It is a mistake to think that all business crisis can be countered through automation as an standalone solution for SMEs in India.
Even today, specially for SMEs in India, the primary concern lies in standardization of work, process integration, integrated data storage facilities, data migration from old system to a new system, non-tech driven cultural and skilling constraints.
But we can’t deny that fact that automation in developed countries have helped in evolving new operational models, building cost efficiency, devising mechanism to enhance the operations and supply chain productivity, restructuring capital allocation, further resulting in scalability and sustainable growth.
Integrated data and prudent decision-making
Traditional data warehousing has already lost hope due to its higher cost constraints in terms of hardware and software expenses, even semi and unstructured data were difficult to handle. The further constraint is the changing nature of Technology applications, it’s still like updating, Which makes data management complicated.
Time constraints and lack of experienced manpower making business analytics a nightmare for many organizations.
The challenges mentioned above aggravates the situation of 90% organizations from organised to unorganized sectors alike, due to which they still capture the data separately, store, and finally analyze it manually.
Although technology is implemented but only there where it seems unavoidable and that to in isolation due to which the collected data won’t be as productive as to take crucial business decisions on its own.
But now the consumers can’t be ignored as they are accessing global markets through internet, which has empowered them further to choose from multiple choices based on recommendations and feedback of other consumers.
And companies whether small or big, can’t afford not to be proactive in their R&D activities for tracking the supply demand of their products, consumer’s changing behavior, market patterns, transaction preferences, purchasing habits etc., while timely evaluating decisions which directly or indirectly affect business productivity, persistence and profits.
Capturing operational data will also help build integrated view of the company to device future course of action in product and service design, supply chain management and process integration.
It will further help employees to interpret their performance requirements, and standardize customer interaction at large to build and sustain genuine customer loyalty.
New Operational Models
The organizations will be compelled to shift their product and service offerings to new operational models, require identifying low cost structure opportunities etc. to boost productivity on informed decision making at the core.
The good news is, data analytics have grown from diagnostic level of analysis to predictive as well as prescriptive state of understanding, playing pivotal role in organization’s sustainability, profitability, and it’s future growth.
- Business automation with analytics bring many advantages like
- Scalability: Data process systematization makes companies grow and expand quickly
- Flexibility: Ability to make real time changes
- Complexity: work becomes user-friendly, which reduces complexity as a result
- Cost: You can bring competitive advantage through lowering cost
- Culture: Streamline & develop work culture in the organization
Our IT Consultation for business process re-engineering and automation through “AI-based SaaS” (software as a service) applications cover IT system audit, “ERP (enterprise resource planning)” BPMS (business process management) related IT consulting, software prototyping, development and implementation support.
If you are aware of your technology needs, you can request an immediate product demo below.
If you are NOT aware of your technology needs, avail our IT Consulting services for business automation.
- System Audit for IT automation
- Functional assessment
- Value process mapping
- Process workflow design
- Operational gap analysis
- Prototyping and design
- Reports and documentation
- Technology development
- Pilot testing
- Installation and after sales support
- Fund Forecast Plan
- Project/Sales Order Costing Monitor
- Proforma Invoices
- Sales Order based Invoices
- Export / BOM based Invoices
- Credit / Debit notes
- Over due Invoice Dunning
- GRN Payment Advice
- Receivables / Payables
- Person Wise Expenses
- One Click Vouchers / Ledgers Cash Book, Bank Book / TBL / PL …
- Sales Person Visit Register
- Inquiry Management
- Quotation Management
- Sales Order Management
- Customer Rate Contracts
- Warranty Register
HUMAN RESOURCE MANAGEMENT
- Incident Register
- Generating Pay Bill / Pay Slip
- Attendance Data Entry
- Employee’s Details Registration
- Salary Definition
- Training Register
- Finding Production Issues
- BOM / FIFO Production Issues
- Production Entry
- Production Issues with Reverse Raw Material Deduction
- In-Process Rejections
- Maintenance / Machine Service Register
- Machine wise / Operator wise Productivity
CUSTOMER RELATIONSHIP MANAGEMENT
- Purchase Requisition
- BOM based Purchase Requisition
- Vendor Quota Register
- Vendor Quota Comparison
- Vendor Rate Contracts
- Purchase Order Management
- Vendor Quota Based PO
- Blank PO / Sub Contract PO / Tag PO for Sales
- Repeat Purchase Orders
- Customer / Vendor DC
- FIFO / Batch Wise Inventory
- Price List Definition
- Engineering Specification
- Costing Sheet of BOM
- Bill of Material (BOM)
- Stock Id Slip Generation
- PO / NON PO Based GRN
- Customer Materials GRN
- Sub-Contracts GRN
- Different Inspection Reports
- Rejection Register
- FG / SFG Inspection
- Drawings / Pictures Upload
- Define Inspection Parameters
- Incoming Inspection
- Managing and Monitoring the Inspection
INDUSTRIES WE SERVE
- Agriculture & Allied Industries
- Auto Components
- Consumer Durables
- Education and Training
- Electronics system design and manufacturing
- Engineering and capital goods
- Financial Services
- Gems and Jewellery
- IT & BPM
- Media and Entertainment
- Medical devices
- Real Estate
- Science and Technology
- Textiles and Apparel
- Tourism and Hospitality
- Small & Medium Enterprises (SMEs)
CTTO Turnkey Framework
We at iiConvergence, work with SMEs which struggles in technology transformation.
We deliver it through IT & ITeS Consulting services for Business Process Automation with prototyping, which includes ERP software, CRM, LMS, BPMS software and other SAAS based software development by our flagship CTTO turnkey framework called ITMighty.