Automated time management is gradually becoming an integral part of organizations in all industries. The cut-throat business environment is forcing many to re-evaluate their strategies and cut costs by automating functions. You must be wondering how time management and cost are relevant to automation in industries. Both time and cost are directly proportional in business terms. The more time spent on an activity results in higher costs.

Automation is becoming the new way of doing business and has proven to minimize expenses and boost productivity altogether.

Value Creation Automation is among the few technologies which have built an edge in the market. The state-of-the-art technology is paving way for business success. Time management runs as a core lifeline of Value Creation Automation and is integrated with all other aspects of operations and management.

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Control is one of the most important aspect of effective management. Business leaders and managers are constantly seeking control over resources which will in return help them devise better strategies. But unfortunately, gaining control over organizational resources is far from easy due to complex hierarchies and lengthy chain of commands.

Features of VCA Time Management

Before we go on to explain how automated time management is essential, ask yourself the following questions:

  • Can you measure the time spent on each and every activity in a business?
  • Can you measure time utilization?
  • Can you point out wastage in real-time?

The answer to these questions is probably “no”. But with Value Creation Automation, you can measure time from all aspects in real-time. From how much time is being spent on delivering a service to a specific customer to how much time is utilized for packaging a product, VCA’s time management function goes far and beyond the regular run-of-the-mill automation programs.

Some unique features of Value Creation Automation’s time management function are:

Instance-Based Time Measurement

With VCA, you can measure time spent on every instance in the organization. As soon as an inquiry is triggered by a customer, a process is generated to complete a deliverable. VCA will provide managers with a real-time view of every minute being utilized to complete a specific order.

Automated Time Allocation

One of the main problems encountered by managers is time allocation. With no standardized procedures, it is next to impossible to determine the average time needed to complete a certain task. Value Creation Automation is designed to determine and allocate time frames to each tasks or process. This helps managers maintain a clear picture of how much time is needed for task completion at every stage.

Automated Delay Alerts

Allotting a time-frame does not necessarily mean the task will be completed on time. Value Creation Automation provides managers a notification every time a task exceeds the allotted time frame. This helps managers keep track of delayed tasks in real-time.

Time is Money

If a task is delayed, the cost for completion automatically increases. In manual-intensive organizations, calculating the cost associated with individual task delays is impossible. However, with Value Creation Automation, managers can see the cost and time of each activity simultaneously. By reducing time spent on tasks, the company can minimize costs and boost overall profit margins.

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Automated time management can become the key to performing more efficiently. Time is a valuable resource which is irrecoverable and must be utilized in the most efficient way possible. Value Creation Automation gives businesses the power to control time as well as costs and scale towards maximum growth.