Blog

Automation. Order. Profit

When top managers assess corporate profitability, they compare two figures: production costs and gross revenue. But even profit growth does not always mean an enterprise is operating efficiently.

Automation. Order. Profit

THE CENTER OF ATTENTION

Increasing profitability is an ongoing task, and when you develop your profit growth action plan, make sure to include in the list such fields as increasing market coverage, improving product quality or increasing the diversity of services, as well as improving workplace productivity, which strongly depends on the rational use of corporate resources, working hours, and employee efforts.

WHAT ELSE?

Another important point is focusing attention on reducing or completely eliminating costs not directly related to your business. For example, outsourcing can be a successful solution: launching internet campaigns and running a blog via a marketing agency can be cheaper than maintaining an in-house promotion team.

ENDS JUSTIFY THE MEANS

When you decrease product costs and increase sales volume at the same time, you make your company more competitive and flexible. Then when the time comes, you can drop prices without harming your business—and probably even stimulate its further development. Want to control profit growth? Manage your business carefully and keep tabs on it. As a manager, you shouldn’t have any “blind spots” in your processes.

YOUR IT ASSISTANT

Maximum workplace productivity can significantly reduce business costs. You should do everything possible to build an environment where you and your colleagues can work quicker, more cohesively, and without the red tape.

Managing costs and their efficiency, comparing constant and variable costs, implementing versatile management approaches and tracking workplace productivity—process management systems facilitate all these processes and more. For example, Workflowsoft, a system designed for managers and entire teams alike.

HOW CAN WORKFLOWSOFT HELP YOU?

With Workflowsoft, all your business processes are in a single system, and users create the workflows they need on their own. It is up to the managers to decide who will be assigned a specific execution or approval stage. Every process has an understandable scenario, and the sequence of approvals is automated. No need to remember a million implementation details for each process!

ALL-IN-ONE

Email messages, notes, conversations, post-it notes—in many companies, employees are used to receiving work-related notifications verbally or by email. That is why they often forget about their tasks, and the workflow suffers. Automating workflows helps you concentrate on each specific work stage, and simplifies the procedure in general. Workflowsoft features a visual dashboard where you can see all your processes, reports, and statistics. Your communication will no longer rely on email messages!

TIME IS MONEY

By using automation tools in your business, you can understand which tasks require the most time to complete, or at which stage work “freezes up” most often. Track the status of each specific process and get a clear understanding of your overall business standing, including how many requests have been fulfilled, approved or declined, how much time has been spent on each task, and more. So much food for thought! This is a real must-have for any line manager.

Download automatic reports in a few clicks to track the status of each specific task and its approval stages. With these valuable insights, you can dedicate more time to streamlining workflows and discussing new strategies.

Smart workflow automation eventually drives customer satisfaction, which is what every company strives for. Workflowsoft makes your business more profitable.

WANT TO KNOW MORE ABOUT POPULAR AUTOMATION USE CASES?

Read more:

Machines are Fairer than People
Research on the effectiveness of algorithmic decision-making has been being carried out for many years. And all of it comes to surprisingly similar conclusions: algorithms are less biased and more accurate than the people they replace.
read more
Less Routine, Less Costs
Is there a way to quickly and painlessly reduce the business costs? Yes, there is — and it is called automation.
read more
Automation. Order. Profit
When top managers assess corporate profitability, they compare two figures: production costs and gross revenue. But even profit growth does not always mean an enterprise is operating efficiently.
read more
Workflowsoft Notifies
In any workflow management system (or in any collaboration system in general), participants need to receive notifications on events they’re involved in. The request assignee should be notified about the work they need to do, and the request creator should know when the request is complete.
read more
Your company in Workflowsoft
Like in any other process management system, the first thing you need to do in Workflowsoft is create the users who will participate in processes. Of course, you can also create the entire organizational chart with all business units and their managers.
read more
Healthy Atmosphere and Democratic Leadership
The task of a leader is to tailor motivation to the needs and talents of each and every talented employee, including both financial and non-financial incentives.
read more
How Automation Affects your Employees: Three Important Facts
Being engaged in your job and gaining satisfaction from it are not directly linked to salary or position.
read more
Serious business, serious profit!
Healthcare and medicine came in at the very top. Companies in the healthcare industry generated $36.3 billion in the U.S. (data from 380 companies).
read more
Running Starts
Time really flies: it might feel like “startup” became the new buzzword just yesterday, but in reality, it’s already been about ten years since we started using it.
read more
How to Get more Done and See the Bigger Picture
Working in an office means lots of crazy days where you’re extremely busy and overwhelmed with super-urgent problems, but by the evening you realize you haven’t completed anything really noteworthy or important.
read more
Think like a client and transform your business
Everyone knows how important it is for business leaders and employees to understand their clients. Not only understanding their needs, but feeling real empathy.
read more