Learn Why It’s Important to Streamline Business Processes

Did You Know?

Did you know that a typical 10,000 employee company handles more than one million employee-related transactions a year at a cost of between $10 and $50 per transaction?

Source: ASUG/SAP Benchmark Study, “Human Capital Management: How Top Organizations Drive Company Profits Efficiently”

Let’s look at a very common scenario in the retail industry:

Let’s take a very common scenario in the retail industry: a local store manager compiles and mails his or her various vendor invoices and new hire paper work to the company’s central headquarters each week.

The financial corporate manager receives, opens and enters each invoice in the financial system for processing, manually verifies each vendor’s information, and then contacts the local manager for re-approval before actually issuing payment – which could be up to five days later.

The corporate HR head received 30-page onboarding packets for 10 new employees and re-keys all that data into the HRIS and/or payroll system, manually managing the checklist of items needed to complete the hiring process. Multiply this by 50 chain locators and you’ll see why streamlining these processes can dramatically impact productivity.

Powered by IBM’s FileNet and Datacap technologies, our user-friendly applications help enable multi-location, centrally managed organizations to streamline these processes and dramatically impact productivity.