Business method and digitalization have grown to be an essential a part of any company’s growth strategy. Companies apply digitization in different ways to streamline tasks, increase employee job and efficiency and increase customer service. At the start, you will find investments that must be made but in the long run, it will have a return in those investment opportunities as a result of superior efficiency and increased earnings.
Traditionalists and aversion to switch can hinder progress with new procedures and technology, but global competitive pressures, changing customer demands and the have to optimize costs mean that is considered time for a cultural move to adapt to new solutions and start making processes more digital. Business process management (BPM) is a superb place https://datatrackinc.com/ to start, since it helps businesses align technology with preferred business benefits and customer/business value.
Female driver for process digitization is to cut costs and increase the speed of information-intensive techniques. Digitizing a procedure allows for higher consistency and reduces mistake rates, although cutting transformation times significantly. A mortgage loan provider, for example , digitized its app and decision process, lowering costs by simply 70 percent and cutting the time to preliminary consent from several days to a single minute.
Another important reason for streamlining and automating processes is to offer staff more give attention to their main work. The moment administrative and repetitive duties are digitized, workers can easily spend more time issues core responsibilities and less in document queries and administrative duties. A procedure automation solution like Pulpstream can help by giving a cell and flexible system with preconfigured kickoff activates, decision items, notifications and centralized activity details.
He is a Commerce Graduate and holds Master degree in Economics and Finance.
He carries exceptional experience in spearheading high-end external audits, forensics engagements and In-Country Value (ICV) certifications. In hand a combined rich experience of more than a decade in audits, investigations, ICV advisories and corporate training. His portfolio contains industries’ experience relating to Oil and Gas, Real Estates, Hospitality, Construction, Consulting and Engineering, Education, FMCG and Non for-profit Organization which contains listed entities and public sector external audit engagements.
He is engaged in corporate trainings relating to IFRSs, ISAs and fraud investigation tools and techniques, hence throughout his career, he has a privilege of speaking on audit and financial reporting matters at both national and international platforms.
He is an approved Mentor of Association of Certified Fraud Examiners (ACFE), USA. He is engaged with different educational Institutes for the provision of professionals' qualifications and is hosting seminars/webinars globally for the audit and accounts fraternity.
He has authoreda book in the name of “IFRS Glimpse (IG)” and has published many articles on IFRSs.
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