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What Is The Business Value Of Process Efficiency? |
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Answer» Improvements in process efficiency can be DIRECTLY correlated with DRIVING real business value. For example: data extracted from an organization’s financial SYSTEMS can uncover a significant amount of late payment fees and being paid for telecom invoices. Improvements in INVOICE processing workflow can REDUCE the time it takes to process invoices resulting in the elimination of late payment fees. Improvements in process efficiency can be directly correlated with driving real business value. For example: data extracted from an organization’s financial systems can uncover a significant amount of late payment fees and being paid for telecom invoices. Improvements in invoice processing workflow can reduce the time it takes to process invoices resulting in the elimination of late payment fees. |
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