June 10, 2020

Now more than ever: Digital workflows for a resilient enterprise

You are here:

Resilience. In the economic sense, this term means the ability to successfully survive business crises. If your company is resilient, then you are able to draw on diverse resources to persist even in bad economic times. Indispensable for this: Digital workflows!

 

In the Corona crisis, many large organizations got into difficulties and are now dependent on state aid - in some cases controversially. If one's own business depends heavily on export and import conditions, then it is certainly understandable that extensive losses are to be expected. However, the last few months have shown that even the switch from physical presence in the office to location-independent and completely digital processing is still proceeding rather sluggishly in this country.

 

Domino effect in sales and purchasing

Was bedeutet es konkret, wenn die Mitarbeiter aus den Bereichen Purchase To Pay und Order To Cash plötzlich nicht mehr ins Büro kommen können? Auftragsbestätigungen, die Freigabe von Rechnungen, Bestellanforderungen – viele kleine Prozesse verzögern sich mitunter um Wochen oder Monate. Daraus resultiert: Sie verpassen Rabatte durch frühes Begleichen Ihrer Rechnungen. In der Produktion fehlen Betriebsmittel. Ihre Zulieferer sind im ungünstigsten Fall so stark von Ihnen abhängig, dass Verzögerungen bei Zahlungsvorgängen und Auftragserteilungen kaum verschmerzbar sind. Und auch ihr Zulieferer steht wiederum vor denselben Herausforderungen.

If you completely digitize your processes or workflows with flexible IT solutions (and also automate them as far as possible), you will benefit in the first step from cost and time savings. Because according to a Mercateo study in Zusammenarbeit mit der HTWK Leibzig („Indirekter Purchasing im Fokus: Zwischen Einsparpotenzial und Zukunftschancen“, 2017) dauert z.B. die Bearbeitung einer Invoice bis zur Zahlung im Schnitt 28.8 Minuten! Und Rechnungen, die per E-Mail ankommen, werden nach wie vor häufig ausgedruckt = wiederum Kosten.

 

Traceability and transparency

For the resilience of a company, it is essential how employees along the entire supply chain handle the existing data. If the processes are mapped 100 percent in the system, then the success/failure of individual projects, sub-areas, company divisions, etc. can also be evaluated quickly. This means that you can also act quickly. You will be able to deal with your resources in a sustainable way!

The advantages of digital workflows at a glance:

  • Defined goals become verifiable
  • The current status of operations is immediately available or retrievable
  • Cost and time expenditures are easy to determine
  • Through automation (among other things, keyword Input Management) your employees can use their working time for strategically valuable activities

 

How we help you defy future crises

We start where the SAP standard leaves off and automate your processes in the areas of invoice receipt and issue, order and purchase order processing, contract management, document management and input management. Our SAP solutions have proven themselves at numerous well-known companies in Germany: Karl Preuss GmbH, Engelhard Arzneimittel, Rose Systemtechnik, Porta Möbel and at some of Germany's best-known food retailers.Especially for the retail sector, we also offer the AddOn Receipt4S® an, das einen zentralen Einstiegspunkt zur Verwaltung, Auditierung und revisionssicheren Archivierung aller relevanten Cash register data bildet.

You can find an overview of our services here: CSK Competencies 

Any questions? Gladly! Contact us by e-mail at [email protected] or by phone at 0571/783435-10.

 

 

Related blog posts