Taking the digital transformation leap of faith. Are you looking for reasons to digitally transform your business?
Will my Staff be able to handle the change?
I had a refreshing conversation with one of my not-for-profit clients this week. A couple of years ago, like many people and businesses, these guys were cautious about moving to digital. Not because of technology capabilities, but they were making excuses that their PEOPLE couldn’t cope with it. After reassurance that we would “hand hold” and help them on this journey with their integrations and implementations they took the digital transformation leap of faith and haven’t looked back.
It didn’t take us long to have them set up and the results were outstanding. Contrary to their initial caution, their employees picked up the new digital processes quickly and easily, they were actually thanking the finance department for digitising the processes. It’s amazing the influence of getting your reimbursements and travel claims paid quickly! Managers loved the visibility and ease of keeping track of staff claims and departmental invoices, and the finance team loved the digital processes as they were no longer chasing missing information, lost documents, miss-coded invoices, non approved documents, etc.
My Staff are now sometimes working from home, can this help?
Fast forward to today and the world is slowly creeping out the other side of the COVID pandemic. Businesses not only slowed during the pandemic, but had to pivot with more agile thinking on how they could enable staff to continue to function in a remote, mobile way. So here’s the refreshing conversation I had with my client: he was telling me about what would have happened to his business if they were not digital with their finance processes, read bellow to see what he had to say.
Top five things that would have occurred IF they had not adopted digital and moved away from their paper based processes:
1. Being digital kept us functioning
We wouldn’t have been able to function as a business. As a not-for-profit we have approval processes in place to manage spending and purchases. This would have been almost impossible to manage via paper and email. Being digital allows these processes to be managed effectively and without disruption in day to day activities.
2. Being digital ensured business continuity
Our staff just functioned like they had for the previous 13 months since we implemented the Cypher IQ Digital Workflow Platform. Without the platform our finance department would have needed more labour to cope with the paper heavy processes of claims and invoices.
3. Being digital saved us money
It would have cost us more if we didn’t have Cypher IQ Digital. Like every business we had to prioritise spending so our staff could also keep performing their tasks remotely. The platform made this easy.
4. Being digital kept us compliant
We would have been 100% non-compliance. Not-for-profits have a requirement to meet strict purchase and spending delegation approvals. This includes all spending – reimbursements, invoices, credit card etc etc . There is no way we could have met these with a paper based process.
5. Being digital allowed us to grow
We can provide more services to the community by being digital. Having digital systems in place meant we were still planning to grow/are still growing. We are employing more people and are ready to grow the business and provide more services. Without the process efficiencies we gained from our digital systems there is no way we could have steered through the pandemic like we have. These systems are vital for us to provide more services to the community.
Cypher IQ’s Digital Workflow platform is a digital transformation software designed to enable businesses to digitise and automate any document workflows. Taking the digital transformation leap of faith with us can show you endless capabilities, the results are incredible.
If you want to know what digital transformation would look like for you business, get our FREE digital automation report now.