Can we ever understand the true cost of downtime in an organisation? The only way to do this is to get a grip on what downtime really costs. The first step is to define what “downtime” means, which is “system unavailability”. Even if an application is “up and running”, it is still considered downtime if the application can’t be used.
The next time you print a document ask yourself: Do I need to print this?
The answer may surprise you.
Most companies are strategically focused on digitisation. But what does this really mean? It is not only about digital documents and avoiding printing, but also about finding more efficient and sustainable ways of doing business.
Do you run a business? Do you want business success?
It’s sometimes hard to know how to stay on the cutting edge – especially in an age where things continue to evolve and change at a rapid rate. Today, let’s run through five ways in which you can make a significant improvement to your business for the coming year.
The current state of our nation and the world would suggest that the moral compass has gone a little haywire. Almost every bit of news we read is filled with corruption, violence, greed, power and generally negative stuff.
I ask myself, what is going wrong with us? Why can’t we get along? Why are people stealing? Why are we fighting one another? Why, why, why? Have we lost the plot? What has gone wrong?
I certainly don’t have the answers, but what I see is lack of leadership, people want more and they will do almost anything to get it in as little time as possible, we have become more and more self-centred and through this, our value systems are compromised.
“The secret of change is to focus all of your energy, not on fighting the old, but building the new” – Socrates.
Every business should aim to optimise their time and operational productivity using best practices. One important aspect to consider when using the various methods available to do so is the employee’s user experience when performing their duties.
Sage research has found that businesses spend approximately 120 operational hours a year on administrative tasks. Almost 20% of these can be attributed to accounting administration, such as the generation of purchase orders, invoicing and reconciliations.
If other administrative tasks are added to this, such as signing off delivery receipts and truck manifest documents, as well as registering suppliers, it is easy to see how these tasks can have a direct impact on the business’ ability to perform at an optimal level (where all hours are used as efficiently as possible). So how does one streamline these tasks?
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