Sometimes we do things for one reason and not only get the desired results, but acquire additional results somewhere else as well. An example is converting paper documents to an electronic format in support of green initiatives. Paper is indeed reduced, by those electronic also aid in minimizing lost documents, speeding up and enabling automated work flows, and generally completing the process faster.
Here are 4 more actions from which you can derive multiple benefits:
- “Smart” data archiving and data volume management can dramatically reduce storage costs and boost system speeds
- Improving audit efficiency by automatically performing tasks that previously were manual saves money
- Decommissioning legacy systems minimizes support costs and mitigates legal risks, too
- Automating SAP business processes such as accounts payable and accounts receivable tracks the process and provides visibility throughout which can also lead to better decisions and add to your bottom line
These hidden opportunities for cost reduction are just below the surface. Technology can help achieve business objectives In many ways that were previously ignored.