EDI: 3 Ways To Structure Small Business to Increase Productivity and Revenue
Jan 20, 2018
3 Ways to Structure Your Small Business to Increase Productivity & Revenue
The majority of businesses today depend on minimal spend for maximum benefit. Sounds easy, but a lot of detail goes into streamlining every area of your business in order to achieve successful results. In other words, productivity is a primary detail that cannot be overlooked. Increased productivity relies on organization and proper streamlining of each area of your business. According to a recent survey conducted by Office Depot, 1,290 small-sized U.S.-based business owners showed:
83% of business owners support the need for an organized and functional office and consider this to be an integral part of their business success.
63% of business owners believe having an office that is organized positively impacts their business profits.
Although this sounds simple, many businesses struggle with their non-core internal business processes and keeping them organized, functioning productively and producing accurate results. Using disorganized internal business procedures makes every aspect of your business much more difficult and costly. Continuing to use processes that are not streamlined and productive reduces your overall business focus and momentum. So, what can you do? The following are 5 ways to get your business organized that will help you accurately achieve more in less time.
EDI: Optimize your Employees & Go Paperless
What does optimizing your employees mean? Simply put, internal manual processing is a thing of the past. In our ever-changing technology-based society, paperless is a primary way to cut-costs, while increasing your processing capabilities by going digital. As a result, less actual employees are required to process more efficiently and cost-effectively. This means those employees can be reassigned to other areas of the business.
For example, considering adding Electronic Data Interchange (EDI) to your business. EDI is the process of sending and receiving electronic business document between companies. This includes documents such as purchase orders, invoices, shipment transactions, etc. Thousands of companies use EDI to improve their processing efficiency with their supply chain partners. Many companies require their business partners to have EDI capability and to be compliant with their EDI standards.
Consider Outsourcing Non-Core Business Processes to an Expert
Staying up-to-date with cutting edge processing technology is extremely costly, especially for a small business. However, using dated technology can drastically impact your business productivity and revenue. So what can you do? Using an expert IT Outsourcing business offers many benefits and core competencies to your small business. And, no longer does outsourcing mean partnering with a company overseas. In fact, there are hundreds of companies located within the U.S. who are partnering with other U.S. based companies in order to thrive.
For example, as a primary business process automation outsourcing provider, Integration, Inc.’s goal is to empower all their clients to focus on their core areas of expertise, while leaving the business process automation services to their team of experts. This is accomplished by supplying excellent business process automation services that enhance your company’s ability to provide increased reliability and cost savings to your customers. Integration enables your company’s success by providing a complete IT outsourcing solution for business process automation. As a result, this allows your organization to increase efficiency, by being able to respond rapidly to changing business environments, while meeting your customer’s needs consistently and in a more cost effective manner.
Their overall goal is to use cutting edge technology to meet your business IT needs. What does this mean for your business? It means a complete reduction in cost associated with keeping up-to-date on your own internal technology. Any IT Outsourcing business must make sure their employees are trained and certified in the technologies they support. This means that your business can now succeed based on your IT Outsourcing partner’s expert technology, without actually purchasing the technology yourself. This is a win-win!
EDI: Upgrade to Automated Processing
By upgrading to automated non-core business processing, many areas of your business become more productive and cost less to maintain at the same time. If this isn’t an overall cost-savings, we are not sure what is! So, how can you do it? The most important detail is choosing the right business process automation partner.
Integration, Inc. has been a leader in business process automation services for over 20 years, specifically focusing on EDI, check writing, check printing, rebate processing, third party billing and barcode labels, to name a few. This extensive experience brings great benefits to your company. Integration, Inc. values and understands that the business process automation technology playing field is constantly in motion and progressing. That is why this business process automation team works diligently to remain current and successful for our clients every day. When your business does not have the resources to keep up with this ever-changing environment, that’s when Integration can help.