Cost Reduction Survey
In these difficult economic times businesses need to identify and implement cost reduction and enhanced cash flow opportunities and integrate them into the business operations.
You can decrease costs substantially in your organization by increasing the use of electronic transaction processing with an EBFM approach. Electronic Business Flow Management provides the analytical basis to identify manual intensive processes and inefficient electronic systems processes to enable improvements. Reduce paper handling (invoices, remittance advise, checks, etc.) and manual data entry. It is amazing how many companies continue with labor intensive practices when information technology has provided cost effective solutions for many years.
By applying enhanced electronic transactions to your business processes, you can reduce staff, decrease time to cash receipt, eliminate error prone remittance application, and reduce the order to cash depository process.
This short questionnaire will help identify areas where enhanced business practices and enhanced information technology solutions can aid to enhance cash flow, reduce operational expenses and provide enhanced business processes to the entire organization.
Order Processing
Invoicing and Payment Receipts Processing
Shipping and Receiving
If you have answered ‘NO’ to more than three of these questions, you may be spending more than necessary on your business processes. Let us review your operations to identify areas where enhanced information technology processes and business process integration can help streamline operations, reduce costs and improve business partner relationships.
Call NOW to schedule a ˝ day consultation (on-site or video-conference) with your senior staff to review operations and answer these questions in a positive manner.