Business automation has come a long way thanks to the ever-evolving technological paradigm. The trend for automation is on the rise as businesses struggle to compete in today’s tough and immensely volatile environment. Companies all over the globe are investing in automation technology to acquire a competitive edge and sustain growth. Business automation has enabled companies to cut costs, streamline work and increase productivity.
In the recent decade, technological solutions such as ERP (Enterprise Resource Planning), CRM (Customer Relationship Management ) have become popular among businesses. These solutions have catered to multiple problem-areas of business functioning.
ERPs, a category of business-management software, have taken a lead when it comes to business automation solutions. Marketing and sales, inventory management, product planning and manufacturing are among the few areas ERPs are suited to. Businesses are using ERPs integrated with database management systems to track and manage business resources.Side by side, Customer relationship management software focus on customer data and interaction. CRMs have been designed to help businesses tackle customer support and are often integrated into existing ERP solutions.Both systems are designed to link hardware and software to run back-office functions in an integrated manner.
Here are some features you are most likely to find in ERPs and CRMs:
ERPs tend to have strong financial components to manage financial filings, payment systems, tax filings and reporting.
Human Capital Management
Though it may not be common to find a HR module in ERPs, some companies are offering in-built capital management for performance support, recruitment and talent management.
This facet of ERP technology has not quite gained enough popularity but still exists in certain domains. ERP solutions may offer process streamlining and inventory management to help businesses accelerate production cycles.
Many ERP solutions provide mobile functionality. Businesses can remotely access databases and processes via phone and tablet.
Now companies can prioritize projects and implement ERP systems to individually manage and track project success.
ERPs offer a variety of delivery methods to avoid costly deployment. But this function is usually limited and offers little diversity.
Supply Chain Management
Supply chain is among the most crucial functions of businesses today. ERPs have been designed to provide companies complete management of supply chains from design to procurement.
As we can see, ERPs and CRMs can facilitate business functioning and information-sharing throughout various levels. However, despite the potential benefits, these technological solutions are losing momentum in the market.
Did you know that a majority of mid-to-large sized companies are losing $10 to $15 million dollars annually due to the inflexibility of ERPs? Many companies who rely on such software to manage their day-to-day functioning have pointed out major flaws which are hard to ignore.
Take a look:
High Cost Of Investment
Implementing an ERP or CRM can cost you a fortune. The initial investment is typically high for a standard ERP with basic modules. The higher the requirement for modules, the higher will be the costs. Most companies spend more on installation than planned.
Inflexibility Of The System
ERPs comprising of multiple modules make management and decision-making extremely rigid. Such systems cannot be modified and prove to be inflexible to a great extent.
Navigating through various modules which are not fully integrated can be a hassle. This only adds to the complexity of data-search. Most ERP modules have different structures and commands, making them difficult for employees to learn.
Companies must allocate plenty of time for the installation of a basic ERP system. This can adversely affect business operations and even prove to be costly.
Reliance On IT Support
Due to the high complexity of ERP systems, often companies must dedicate an entire IT department for the management and modification of the system.
Business must re-invest time and money for any modification in the system. This means the company may lose out on opportunities. According to a survey, many companies suffered from product-delays due to the slow process of modification which affected decision-making.
The architecture of ERP systems does not support change and cannot evolve with on-going structural shifts in the business environment. It is already clear that businesses that wish to succeed must be ready to change and adapt to markets.
It is difficult for companies to quantify benefits they actually received after implementing an ERP.
So we’ve come to the conclusion that ERPs are a great way to manage overall functioning of business with dedicated resources. But the questions that define “true” business prosperity are not addressed.
Technology is only your friend if you know how to use it. It would be wrong to deny that automation is helpful. But is it a complete solution to business problems? The answer is probably no. Business automation can have multiple yet limited advantages.
Existing automation solutions can be applied to various components of a business process, but cannot be systematically integrated. For example, manufacturers can boost productivity with the help of process automation programs, but such programs may operate on a stand-alone basis. The more technologies a business installs for various operations, the more likely is the risk of technological chaos as most programs cannot function holistically.
Thousands of businesses enter the industry every year and find themselves shutting down sooner than expected. Why? The reasons can range anywhere from poor management to liquidity problems and from weak marketing strategies to output inconsistency.Sustaining growth, competing with well-established brands, targeting customers and delivering the expected output is just a few components which can make a business pursue success.
Solution: Value Creation Automation
With over 9 years of automation industry experience, Cordis technologies have created a one stop automation solution which provides complete leverage to businesses. No, this is not a run-of-the-mill ERP or a CRM. Value creation automation pursues a “holistic” automation approach and covers entire business processes end-to-end.
The creators of VCA are taking a lead among rivals. The technology eliminates all major problematic areas of business automation, ERP, BPM, CRM, and more. So if you are wondering whether there is any business technology solution out there which can provide your business with technological leverage and efficiency without any drawback, VCA is the answer.
The underlying principle of VCA is to help your company produce “better” and “faster”.
For a value based out to be generated, all processes must be synchronized to produce “value” every step of the way. VCA is implemented throughout the entire framework of the organization to ensure every function delivers the desired output.
“On philosophical grounds, Value Creation Automation can be seen as a rendezvous of thinking plane and the technology plane empowering businesses to achieve perfection in human dependent organizations.”
How Does VCA Function?
Value creation automation streamlines all tasks and processes towards organizational goals. Where your company would be utilizing only 60% of its resources, VCA ensures 100% capacity utilization to ensure robust functioning and fast growth of the company.
We analyze your business processes, re-design process flows and implement our automation system to give you automated controls over entire functions and activities. This allows for determining the need of certain human-dependent tasks and elimination of non-value adding tasks.
VCA combines entire process flows starting from initial enquiry all the way to the end delivery of the product/service. So instead of having to implement specific stand-alone softwares for every single component (HR, Accounting, production, etc.), businesses can rely on VCA to manage all, and that effectively with no errors.
Let’s face it, the truth is ugly. Businesses are losing billions of dollars every year due to wastage of resources and market inefficiency. What if you could bring down your company’s resource wastage ratio to ZERO? You can, with VCA. Every single dollar you save for your company can be used for numerous other and more worthwhile pursuits such as innovation and development.
VCA implements a customer-driven production schedule also known as the pull system. In a pull system, an instance is generated once an enquiry is triggered by a customer. This not only dissolves the need for forecasting demand, but also eliminates wastage, reduced work-in-progress (WIP) and improves inventory management.
Optimal selection and allocation of resources improve overall productivity of an organization. Instead of manually having to manage the resources within your business, VCA conducts this process automatically. Every worker will receive precise materials and tools to conduct the task within defined time, quality and cost limits.
Other areas VCA will integrate are:
- Human resource management
- Cost accounting
- Financial management
- Production and operations
- Delivery and supply chain
- Document management system
- Communications management
But these areas are generally covered with ERP solutions as well. So how does VCA differ?
Features of VCA You Won’t Find Elsewhere
Value creation automation goes beyond the traditional ERP functionality models. In fact, it would be wrong to compare VCA with an ERP. Here’s why…
Control Your Organization Visually With Real-Time Data
One of the key drawbacks of ERPs is complexity of control and measurement. We already know, it is difficult to control what you can’t see. VCA brings to you “visual display screens”, meaning you no longer have to go through tons of data or files for analysis.
It’s simple, VCA offers gauge displays to reveal real-time quantity, variables, range and status of tasks or processes on a three-tier screen. These gauges enable workers, managers, and strategic level stakeholders to visually monitor the execution of tasks/processes.
Data visualizations will vary from screen to screen. For example, workers will be able to view tasks assigned to them whereas managers will be able to view the status of tasks delegated to their team.
Every tier follows a common display format. Graphs, pie charts, and other visual monitors will always display real-time data. As a manager, you can constantly keep track of performance levels.
Statistical Process Control And Evolution
Inability to evolve leads to failure. Even some of the most largest and sound organizations are bound to fail in the market in 10-20 years unless they evolve. As we mentioned earlier, EPRs cannot evolve on their own. Every now and then, companies must re-invest in ERPs to make changes, which is costly and time-consuming.
VCA evolves. Yes, VCA uses enhances Statistical process control functions to constantly regulate functions, operations and procedures, detecting changes and informing management. Our technology will “constantly” re-evaluate your business processes to increase efficiency and detect errors.
Automated Decision Making
Do you know how much time and money your company could be saving if standard decision-making processes are automated? VCA technology has the ability to detect, standardize and automate all such processes. Now you don’t have to go to lengthy red tape or complicated decision-making hierarchies to seek approval for a task.
Every member of the organization will be aware of his or her role and can finish tasks without decision-delays. In fact, VCA will also provide a clear-cut route for escalating matters when or if needed. This feature is not yet provided by many business automation systems out there.
VCA will help you…
Boost Productivity Twofold And Acquire 100% Resource Utilization
VCA will make sure you achieve this critical goal through end-to-end automation and streamlined process flows. Man power or machine power, effectively using all resources within the company is necessary to increase productivity as well as profit margins.
Maintain High Quality
With VCA, your business processes are redesigned to incorporate quality benchmarks and ensure consistency in performance. Alongside increased productivity, quality levels are also improved at task and process levels.
Minimize Costs Of Production
Bring down your business costs by approximately 50% and enjoy larger profits with VCA. Our automation system is designed to make production flows more efficient and cost-effective.
Keep Producing At An Optimum Level With Zero Variation
Consistency in productivity and quality is achieved with VCA. Every process is executed through a systemized stream of tasks which are consistently measured against designated parameters (time, cost, quality).
Increase productivity, reduce cost per unit & sell with more profitability. VCA will shorten productivity times and increase output generated.
Deliver To Customers Faster
No more time is wasted on unnecessary human-dependent tasks, eliminating costly delays and wastage of resources. VCA will help you produce efficiently and deliver to customers faster.
Make Your Business Thrive, Not Just Survive
With VCA, not only are costs reduced, but productivity is also doubled, leading to higher profit margins and ROI. You can generate more time for strategy-designing and building growth plans.
Brand Building Is The Key To Survival In The Competitive World Of Business
Consistency in quality, value-based output, and precision automation with VCA will strengthen your position in the industry and enable you to build your business brand.
Do you want your business to succeed? With VCA, failure isn’t an option. It does not require a lengthy installation period nor does it require capital investment. VCA is embedded throughout the core system of your organization and can function without a dedicated IT support department.
So why hold back and invest in troublesome automation systems when you can experience the future with Value Creation Automation.