Changes in the business sphere due to technology are happening at an exponential rate. According to experts, this is going to be the norm. Hence, with technology driving the change, digital transformation in businesses is inevitable.
What Is Digital Transformation?
Digital transformation is all about integrating technology with the different aspects of the business or business processes to effect change. It is meant to increase workflow efficiency, boost employee productivity and improve the delivery of services to customers, amongst others.
Benefits Of Digital Transformation For Your Company
Companies, big and small, need to undertake digital transformation if they want to stay relevant and profitable. As mentioned earlier, the business landscape is going to continue to rapidly change because of technology. Unless your company is the one spearheading the change, it needs to adapt; otherwise, it runs the risk of ceasing to exist.
Moreover, digital transformation is necessary if you want a more efficient workflow and more productive employees. Tasks like searching for documents and manually routing papers to key people are tedious and time-consuming. They pull down employee productivity and slow down overall company operations. Based on studies, with automation, time spent on administrative tasks which are related to paper and manual printing is decreased by up to more than 5 hours per week per employee. With this improvement, employees get to work on other revenue generating tasks. Simply put, replacing legacy processes with automated workflows reduces process bottlenecks and results in more streamlined business operations.
Apart from helping your company save time and increase employee productivity, automating paper-based processes decreases costly errors. For example, in transcribing information from one document to another, errors may happen which can put the integrity of the document into question. With digitisation, you avoid these kinds of problems.
Admittedly, going digital is not an easy feat. It is disruptive and time-consuming. Moreover, it can be costly which is why businesses, especially small and medium enterprises(SMEs), are apprehensive about embarking on this journey. Yes, digital transformation can be expensive. However, in the long run, it can result in savings. How? Take the case of document digitisation. By utilising digital documents instead of paper documents, you significantly reduce your expenses on paper, ink and other printing materials. You also eliminate the need to spend on storage equipment.
Moreover, going digital can positively impact your profits. According to studies, enterprises that are already undergoing digital transformation have revenues which are 26% more than their competitors. In addition to the financial rewards, embracing digital transformation leads to improved employee engagement and higher customer retention.
How a Managed Print Services(MPS) Provider Can Help With Your Company’s Digital Transformation
Currently, more companies in Ireland are prioritising their digital transformation. You should do the same! If you have not started your digitisation initiatives yet or if you wish to fast-track it, enlist the help of a reputable Managed Print Services (MPS) provider in Ireland.
Dubbed as the strategic partner of enterprises in their digital transformation journey, MPS providers have expanded their offerings to cater to customers’ diverse needs. In addition to print management and security solutions, some MPS vendors in Ireland now provide a range of services which can help in optimising your workflows and automating your business processes. Some also offer software and services for document capture, content management and customer communications. With these new offerings, experts say that the rapid digital transformation going on has also caused MPS to evolve into Managed Content Services (MCS) or Managed Document Services (MDS).
To ensure a successful digital transformation journey, make sure you select an MPS provider which offers a wide spectrum of software and services. Also ensure that your chosen company demonstrates expertise in this field. It should be capable of evaluating your current processes, determining your needs and designing a strategic plan for your company’s digital transformation.
To learn more about Managed Print Services and other software solutions for your digital transformation, call us at 01 460 4444 today!