Category: Process improvement

Are Misconceptions About Process Improvement Holding Back Your Business?

Don’t Let These 7 Myths About Workflow Optimization Derail Your Company If you’re like any other business owner trying to stay competitive in today’s increasingly digital marketplace, you’ve probably seen the warning signs telling you to automate your business. But you’re hesitant because you’ve heard a lot of conflicting opinions about process improvement. Mainly, that […]
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Warning: Spreadsheets Will Ruin Your Business

How Much Damage Can a Spreadsheet Do to Your Company?  Billions. Without exaggerating, a single spreadsheet error cost Fidelity $2.6 billion. The root of the cause? An employee forgot to add a minus sign, indicating a loss of $1.3 billion. Instead, the value went in as a profit and the company paid out shareholders.  Spreadsheets […]
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8 Warning Signs That You Need to Automate Your Business

Key Indicators That It’s Time to Streamline Workflows With the growing pressure for organizations to reduce costs while delivering more than ever before, many companies, from enterprise to small business, are looking for ways to do more with less. The most common and increasingly more successful solution is to digitize aspects of the company through […]
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5 Examples of Successful Workflow Optimization

Workflow Management Originates From a Problem Procurement, new employee onboarding, incident response, form management…every business has workflows. And they’re not all simple, sequential processes. Instead, they often criss-cross over each other. This can complicate making changes. But at the core of every single workflow in your company rests the need to solve a problem. In […]
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The Benefits of Custom Workflow Automation

It’s understandable to be worried about attempting anything these days that has to do with the “digital transformation”. The success rate for digital initiatives hasn’t been the best. But there are plenty of reasons for this (and plenty of ways to avoid it). Once you have a clear strategy in place that avoids the common […]
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The Minimalist Guide to Navigating the Frustrations of Procure to Pay

How Any Size Business Should Approach Procure to Pay  The more components in the system, the greater the chance for something to go wrong. And as any company grows in size, the need for streamlined procure to payment processes grows with it. Numerous employees, various departments, and a wide range of requirements exponentially increase the […]
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