In large companies, it’s common for teams to develop their own ways of doing things. A single process — like billing or accounting — might happen in a dozen different ways.
In a best-case scenario, this only leads to confusion when teams have to collaborate. In the worst case, untidy process management can also lead to issues like double-billing, lost deliverables, delays, poor work quality, and more.
Without a reliable system for managing mission-critical business processes, your company isn’t running efficiently.
That’s where process standardization comes in. It can help you break down and document processes so that there’s no friction between teams, and you can cross-assign tasks without issue.
In this article, we’ll cover what a standardized process is, its benefits, and how you can easily standardize and even automate processes using frevvo’s automation software.
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Business process management (BPM) and workflow automation are two terms you’ll undoubtedly come across as you look to increase productivity across your organization.
While BPM and workflow automation aim to improve efficiency, the terms aren’t exactly the same. Understanding the differences will help you find a solution that meets your needs.
In this article, we’ll cover the differences between BPM and workflow automation. We’ll also look at which one is right for you.
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New technology, increased competition, and changing regulations — these are a few of the challenges that companies face in today’s rapidly changing world.
Businesses must constantly evolve to adapt to these changes. Otherwise, they risk stagnating and losing a competitive advantage.
So, how can you help your company meet new challenges?
Editing your business processes is a good place to start.
Continually revisiting your processes can reveal inefficiencies that are affecting your bottom line. However, you need the right tools to analyze and update your processes.
In this article, we’ll look at how you can edit your business processes using modern and low-code process management software from frevvo.
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Whether you’re creating a proposal, approving an invoice, or resolving a customer complaint, you generally follow a process or a set of steps.
However, problems like role ambiguity, lack of transparency, and low employee engagement can occur when processes aren’t clearly defined — all of which can lead to inconsistent results and poor customer experiences.
So how can you standardize how work gets done? How can you keep your teams aligned and on the same page?
Creating business process flows can be a good place to start.
Keep reading to learn more about business process flows, including what they are, how to create them, and practices to follow to make them work for you.
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Most business processes require signatures, whether you’re onboarding a new hire, approving a purchase order, or preparing a sales contract.
However, as more work takes place outside the office and across the globe, one challenge that companies face is getting documents signed in a timely manner.
Obtaining wet signatures can take days or even weeks for paper-based processes, leading to a backlog of work and stalled projects.
Fortunately, there’s a better way to collect wet signatures.
In this article, we’ll explain what a wet signature is and when you should use it. We’ll also look at how you can use frevvo’s digital signature software to modernize your signature processes.
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Your company has dozens or even hundreds of processes.
However, these processes can become inefficient or redundant for various reasons — new industry regulations, increased market demands, changing customer expectations, etc.
Achieving process efficiency helps your company meet these challenges.
So how can you make your processes more efficient? How can you measure workflow performance and track your progress?
Keep reading to learn more. In this article, we’ll look at what process efficiency is and how using frevvo’s business process automation software can help improve your operations.
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Processing invoices manually is manageable in the early stages of a business. But as you start to scale, using spreadsheets and other manual methods just isn’t practical in the long run.
Manual processes can lead to issues like missing invoices, delayed payments, and even instances of fraud — all of which can hurt your bottom line and damage relationships with your vendors.
So how can you manage your invoices better and prevent costly errors? And how can you increase visibility across the entire accounts payable process?
By implementing an automated invoice processing solution.
In this article, we’ll look at what automated invoice processing is and how it can help you improve invoice management. We’ll also cover how you can create a fully automated accounts payable process using frevvo’s invoice approval software.
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Every company is built on processes — a series of steps you follow to accomplish an objective. Examples include onboarding new hires, preparing goods for delivery, and reconciling invoices.
When processes are efficient, they run smoothly and create predictable outcomes. But when they aren’t, they lead to inconsistent results and missed deadlines.
This is why streamlining processes is so important.
Improving how work gets done helps your company increase operational efficiency, reduce errors, and deliver more value to your customers.
So how can you streamline your business processes?
Read on to learn more. In this article, we’ll look at how streamlining processes can help your company achieve its goals. We’ll also cover the steps you can follow to improve overall efficiency.
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Purchase orders play an important role in the procurement process. They allow companies to place orders with different suppliers and manage their inventory.
Most importantly, purchase orders serve as written agreements that include details about goods, quantities, prices, and delivery dates.
No matter what goods or services you purchase, you need a way to track those orders.
A paper-based purchase order process can work. But as your company grows, managing all the paperwork becomes a hassle and can slow down procurement.
So how can you create a more efficient purchase order process?
Using a purchase order (PO) system can help.
If you’re still managing purchase orders manually and are looking for a way to streamline this process, then keep reading.
In this article, we’ll walk you through what a PO system is, why your business needs one, and how you can set one up using frevvo’s purchase order workflow software.
Modern low-code platforms are so easy to use that you don’t need an army of expensive developers or a large I.T. budget. The interface is fully visual, so if you know how to use Excel then you can create your own automated workflows.
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As a company grows, so too does its need for more systems and applications — each one playing a crucial function in its operations.
For example, you might have customer relationship management (CRM) software to administer customer data, an accounting system to handle invoices, and an HR system to manage employees.
But problems can occur if those systems aren’t integrated. Teams may work or make key decisions based on outdated data.
So how can you ensure that everyone has access to the most up-to-date information? And how can you integrate your systems to ensure everything works together?
This is where business process integration comes in.
In this article, we’ll look at what process integration is, how it can help you efficiently manage your processes, and how BPM tools can help you integrate your processes. We’ll also provide examples and cover the exact steps to get started.
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