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Do what you do faster without paying more staff – how process reviews can help your business

business process review
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Do what you do faster without paying more staff – how process reviews can help your business

It is essential to review your business processes regularly to find areas for improvement. Efficiency and productivity are two key areas to focus on when doing these reviews. Just because you have always done something a certain way – does not mean it is still the best way to do it today.

Start with your big-ticket items. Which business processes are your staff spending most of their time on? Payroll? Accounts? Project Costing? Estimating? Inventory?.. the list goes on. The more time your team are spending on these areas, the greater the opportunity for efficiency gains.

After this initial discovery phase of your review, it is now time to look for ways to improve those processes that take the most time in your business. Software changes daily, and it is vital to make sure you are using the software you have to its full potential and ensure you are using the best software to fit your businesses needs. There are many tools out there solely created to increase productivity and reduce manual tasks, e.g. mass emailing invoices based on previous setups or EDI integration with your supplier to instantly create PO requests.

Using the above as an example, saving a minute or two on an invoice may not seem like much, but times that by a few hundred or thousand invoices and you are freeing up hours of your employees time. Time they could use to focus on other more critical tasks, like finding new jobs or chasing outstanding money.

Thrive can help you do a business review – one that covers both your software ad the processes you currently have in your organisation. Whilst it can be hard to find the time to spend looking at business fr9om this perspective, the gains far outweigh it. You could see improved productivity, faster and more efficient processes and better use of your resources.

If this is something you feel your business could benefit from, give one of our team a call today on 1300 868 474 and let’s find some time to make your business even more successful.