Offering Business Process Consulting & Improvement
Software functionality can take your company a long way, but in order to get the maximum value from your system investments, you must align your business processes with both the capabilities of your people and the functionality offered by your software. Unfortunately, many companies implement software without attempting to evaluate the efficiency of their business processes which results in process inefficiencies. E.A.G. Services takes a rigorous approach to integrating systems, people, and strategy. Our breadth of knowledge in industry-wide best practices can help you reduce costs and improve customer service.
There are a number of common issues that affect the efficiency of business processes. Some general examples include: unnecessary hand-offs, duplicate data entry and work delayed or lost between departments. If left unaddressed, implementing new software on top of inefficient business processes can diminish the return on your software investment.
Consider a typical invoicing process for well supplies:
- Receipt of the invoice in the field
- Invoice sits in in-box waiting for approval
- Invoice is approved and mailed to corporate
- Invoice is routed for secondary and or tertiary approval
- Additional approval(s) received
- Invoice is routed to accounting
- Accounting receives and stamps invoice
- Invoice is imaged
- Invoice is coded
- Invoice is entered into system
- Image is attached to invoice
- Invoice is posted
- Cash Requirements report is run
- Checks are cut and mailed
Too many hand-offs and/or too lengthy a process can result in the invoice being lost or a vendor being paid late, which negatively impacts customer service and increases costs. If invoices are not entered into the system on receipt, the Finance Department is missing data to make cash requirement forecasts.
E.A.G. Services’ methodology for analyzing business processes results in clear recommendations for improvements that leverage the capabilities of your software and people. An effective analysis includes the following tasks:
- Definition of the activities to be analyzed
- Identify current processes
- Highlight problematic areas
- Examination of business goals and the creation of a plan to meet those goals quickly and efficiently
- Determine key metrics: From the example above, time to pay, hours spent approving invoice, accuracy of cash forecast requirements, to name a few…
- Recommendations to achieve the desired metrics
- Redesign of the processes to make them more efficient, thus reducing costs and improving customer service.
- Examine the business across organizational boundaries
- Cross-team involvement is critical
E.A.G. Services has practical experience in business process alignment. Our consultants have worked with companies that range from less than 100 people to Fortune 100 companies. We have experience in evaluating the efficiency of business processes and redesigning them to maximize the value of your software investment.
Contact E.A.G. Services to help align your processes
with your near and long-term strategic goals.
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