Technology helps save time and optimize business

Digital map of Brazil with virtual connections between states

Digital map of Brazil with virtual connections between states

Reducing the hours spent on frequent processes helps companies achieve savings, agility, governance and collaboration. However, not all companies see things this way. Albert Einstein was right when he said that “lack of time is the excuse of those who waste time for lack of methods”. Although he revealed that certain concepts are relative, the German theorist recognized the importance of structures to organize day-to-day activities.

The challenge facing today's procurement professionals is similar to that faced by physicists at the turn of the century: to keep companies moving while creatively dealing with the chaos and uncertainty of the business world.

Technology to gain productivity at work

To establish order in a corporate universe that uses time as currency, it is worth investing in technologies to help companies manage time. So much so that today it has become common to see wholesalers placing orders, specifying deliveries and managing returns directly from their computers or even their cell phones.

Optimizing purchases in just a few clicks was previously unthinkable due to the high complexity of the procedures involved. However, the trend towards decentralizing processes has been observed in several companies that have set their sights in this direction and have thus managed to achieve all the benefits mentioned above: savings, agility, governance, collaboration and time. The latter is now used in tactical actions.

Companies seek agility in business

Research Business Tecnographics® Global Software, by Forrester, analyzed, among other subjects, issues of automation via SaaS (Software as a Service) in companies in Germany, Australia, Brazil, Canada, China, the United States, France, India, New Zealand and the United Kingdom. The conclusion was that 70% of companies want to have greater business agility by adopting an electronic platform. Another 67% of organizations want this technology to help their professionals focus their potential on more strategic tasks.

In addition to providing more guarantees for the contractor and the contractor, technological automation tools give companies a competitive advantage. If previously controlling varied purchase and delivery deadlines made forecasting deadlines more difficult, today it is even possible to define Service Level Agreements (SLA) with performance targets. lead time, saving and other indicators. And, despite being an obligation of every company with the internal requester, few companies effectively control their SLAs.

By basing their solutions on the pillars of economy, agility, governance and collaboration, purchasing platforms help companies reduce costs by controlling processes and generating compliance. In addition, they also improve collaboration, since communication with suppliers and workflows automation in the electronic environment are facilitated, transforming trade between companies in a simple, intelligent and sustainable way.

So, did you like this article written by our service director, Alexandre Moreno? Leave your opinion in the comments!

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