Do you need to streamline procurement in your organization? Are you wondering what best practices would help you improve purchasing processes further?
Well, I can only imagine the weight on your shoulders.
Your company needs to source goods and services to deliver what’s been promised to customers. Organizing it all – not to mention, doing it faster and faster while continually reducing costs – rests entirely with you.
And that’s not the only pressure you’re under. Even the shortest supply chain delay might bring the entire production to a halt.
But I can show you how to avoid those disruptions.
After reading this guide, you’ll understand the most common challenges and bottlenecks in your procurement processes. You’ll also learn what best practices in procurement to implement to eliminate those bottlenecks once and for all.
So, to begin, let’s look at what goes wrong in a typical procurement process.
Continue reading “5 Procurement Best Practices to Streamline Purchasing”
In every office, regardless of industry, there are plenty of processes that can be streamlined or automated entirely to reduce the administrative burden on employees and make their jobs easier.
For most employees, it’s difficult to remember exactly which steps and rules to follow for each of these processes, especially if they don’t form part of their day-to-day role.
Continue reading “Top 10 Office Automation Projects to Tackle This Week”
Like most big business decisions, implementing business process automation (BPA) involves taking a lot of moving parts into consideration.
In addition to the capital investment required, integrating BPA means changing the way your organization operates, learning how to use new software, and training staff to follow new procedures.
Continue reading “How to Calculate the ROI of Workflow Automation”
Purchase orders (POs) play a vital role in every organization, whether it’s a university ordering library books, a company procuring raw materials for manufacturing, or an agency purchasing services from a vendor.
POs are also one of the most admin-heavy business processes. They’re prone to errors, bottlenecks, lost paperwork, unnecessary back and forth, and maverick purchases.
This can lead to incorrect goods or service delivery, delayed orders, overspending, and even outright fraud, if Purchase Order tracking systems are not in place.
According to The Hackett Group, most organizations can reduce their operational costs by as much as 45% by implementing digital procurement tools for smart data capture and workflow automation.
Continue reading “Automated Purchase Order Tracking in 3 Steps”
By 2030, the global talent shortage is expected to amount to 85 million people – or some $8.5 trillion in lost annual revenue.
It’s no surprise recruitment has become so competitive.
Meanwhile, 40% of the workforce in the U.S. changes jobs annually. Which makes it even more difficult for companies to attract and retain top talent.
It’s also becoming increasingly clear companies need to address bias and privilege in recruitment practices if they want to promote diversity, inclusivity, and equality in the workplace.
Continue reading “How HR Technology Improves Your Recruitment Process”
Companies everywhere are embracing automation technology and transforming their tedious, time-consuming, manual processes into streamlined, easy-to-use, automated workflows.
They’re doing this to reap the many benefits of automation technology. These benefits include reduced operational costs and increased productivity, as well as increased availability, reliability, and performance. In turn, this results in more satisfied customers.
Failing to automate your workflows comes at a cost. The average employee spends 20-40% of their time searching for documents and loses around 40% of their productivity to task switching. Meanwhile, CEOs reportedly spend some 25% of their time on tasks that can be easily automated.
Every company has different goals and therefore different automation needs and priorities. For instance, a manufacturing company that frequently purchases raw materials might benefit from automating purchase order and invoice approval workflows. A temp agency that constantly recruits and onboards new employees may wish to invest in HR workflow automation to make the hiring and onboarding processes more seamless.
In this post, we’ll dive into eight powerful examples of workflows at the workplace and discuss how to make the most of each workflow for optimal performance and efficiency. With the right business workflow automation software, you can automate these processes – and much, much more.
Continue reading “8 Workflow Examples to Get You Started Today”
Are you or your organization losing valuable productivity to repetitive, error-ridden, manual processes?
Perhaps you often find yourself…
- filling out the same information over and over again across multiple documents;
- emailing back and forth to correct errors, capture missing information, or speed up approval processes; or
- printing, scanning, and emailing documents just to capture a signature.
If you’re in this boat, you–along with many other organizations interested in improving efficiency, productivity, and employee satisfaction–might be considering workflow software.
Continue reading “What Is Workflow Software? Everything You Need to Know”
At its core, Formstack is a drag-and-drop form builder with optional, add-on features.
It’s great for basic use cases and workflows involving a form.
Organizing an event and need to create a form for registrations and payments? Formstack has you covered.
Setting up a simple workflow where a completed form gets automatically sent from person A to person B? Formstack can do that.*
*If you pay extra.
But Formstack isn’t much help when your form-based workflows get even slightly complicated.
Continue reading “The Formstack Alternative: When Your Business Needs More”
Every organization has its own set of workflows for everyday tasks. These workflows used to rely on paper forms, ledgers, and inter-office memos.
Most teams have now “progressed” to using Excel and email. While it’s better than physical paper, email-based workflows are still manual and inefficient.
The good news is that modern, cloud-based software is now putting the power of automated, digital workflows in the hands of non-technical business users.
In this piece, we’ll look at exactly how to create a workflow without any coding or I.T.
Continue reading “How to Create an Automated Workflow Without Coding”
With many approval stages — often including district board approval — badly managed purchase orders can take weeks or even months to process.
Teachers can become frustrated and take matters into their own hands to get the tools they need to provide learners with a successful learning environment.
Keep reading to find out how schools can benefit from automating their purchase order workflows to improve efficiency and transparency while gaining greater control over their spending.
Continue reading “How to Automate Your School Purchase Orders”