Posted in Digital Transformation

6 Keys to Digital Transformation for Small Businesses

Digital transformation is essential for businesses of any size to stay relevant and competitive in today’s market. Yet for a small business with a limited budget, it could sound like an intimidating undertaking.

However, you simply can’t ignore the benefits of using the right technologies in your business. It’ll help you improve efficiency, lower costs, increase productivity, improve customer experience, and ultimately, boost profits.

In fact, 42% of SMBs now consider digital transformation a core component of their organizational strategy. Digital leaders are doubling the performance of digital laggards.

Continue reading “6 Keys to Digital Transformation for Small Businesses”
Posted in Digital Transformation

Digital Transformation For Small Business: Key Areas To Leverage Technology For Growth

There’s a lot of buzz around the term digital transformation (DX). As a small business, you may wonder if it’s something you need to pay attention to.

It sounds like a fancy gimmick for large corporations with big IT budgets.

However, no small business can afford to ignore digital transformation. Don’t sweep it under the rug. You’ll likely miss out on opportunities that will set your business up for success for years to come.

Digital Transformation leaders outperform laggards.

Research conducted by Bain & Company revealed that digital leaders more than double the performance of digital laggards in their industries. Profitability follows the same pattern – 83% of the leaders increased their margins over the same period while less than half of the laggards did so.

Continue reading “Digital Transformation For Small Business: Key Areas To Leverage Technology For Growth”
Posted in HR Process Automation

Top 10 HR Technologies For the 21st Century

Companies are striving to lower the cost of hiring, improve employee satisfaction, and increase talent retention. New software and technologies are being incorporated into many HR processes. They help attract and retain talent while increasing operational efficiency.

From all-in-one HR suites to smaller-scale but more agile “point” system solutions – e.g. ones that focus on a specialized area (e.g., applicant tracking, employee engagement, – there are many software platforms on the market. Choosing the right technologies to meet the needs of your organization and optimize ROI can be quite a daunting task.

How to Automate HR Processes in Days With Frevvo

To get the most of your IT budget, you should first devise a clear digital transformation strategy for the organization. You must also understand the latest trends in HR technologies. These trends help guide the selection of the right software for your company.

From cloud computing and AI-driven technologies to recruitment marketing platform and online learning portals, here are some key technologies to consider:

Continue reading “Top 10 HR Technologies For the 21st Century”
Posted in business insights

How to Create Custom Reports With Form Data Using Banana

Data Visualization is incredibly powerful.

Think about a corporate performance report. Connecticut, South Carolina, Minnesota were the Top 3 performs. Wyoming, New Hampshire and New York were the Bottom 3. There were X, Y and Z trends. Revenue and profit grew A% and B% respectively. You could go on and on for pages.

Or, you could show charts like this.

Some chart options available with Banana.

It wouldn’t surprise me if this is the first sentence you read in this article. That’s because the visualization immediately captures our attention. If you’ve automated workflows with frevvo, your data is already digital. Data visualization is the best way to present your data.

Continue reading “How to Create Custom Reports With Form Data Using Banana”
Posted in HR Process Automation

Top 16 HR Trends For the 21st Century

Improving employee satisfaction isn’t just a “feel-good” kind of thing:

  • Happy employees are up to 20% more productive at work.
  • Disengaged employees are costing U.S. companies $450 billion to $550 billion per year.
  • Employee support initiatives increased employee satisfaction by 37% at Google.
  • Employee turnover is costing U.S. businesses $11 billion annually.
  • Companies with highly engaged workforces outperform their peers by 147% in earnings per share.

An outstanding employee experience can improve employee engagement, increase retention, increase productivity, and lower the cost associated with hiring and firing.

Download e-Book "7 HR Processes That Are Perfect for Automation"
Continue reading “Top 16 HR Trends For the 21st Century”
Posted in HR Process Automation

25+ HR Automation Stats You Should Know

In the 21st century, companies must fight to stay competitive. Yet, too many companies are overlooking the most effective way to do so — automation. Many of HR’s most important processes are time consuming, paper-based, inefficient, and costly.

In fact, According to an IDC survey, The Document Disconnect, over 80 percent of business leaders surveyed agreed that problems “arise because they have different internal systems/applications that don’t ‘talk’ to each other.” Clearly, this is an issue that needs to be solved fast.

Modernizing these HR functions will give your company a huge advantage. Since automation software is becoming necessary and more common, here are some important statistics to keep in mind as you make the switch.

Continue reading “25+ HR Automation Stats You Should Know”
Posted in Financial Process Automation

4 Top Procurement Technologies for the 21st Century

In part 1 of this series, we discussed the latest trends in procurement for the 21st century. Building upon that, we’ll now highlight some modern digital procurement technologies and help you choose the right ones for your organization.

As more organizations are leveraging procurement technologies to increase operational efficiencies, reduce costs, and respond to market demand, it’s no longer an option to ignore the various digital transformation tools if you want to stay competitive and improve profit margins.

However, with the many solutions on the market, choosing the right technologies can be quite a daunting task.

To get the most of your IT budget, you should first devise a clear digital transformation strategy to guide the selection of technologies for your organization.

Here are some tools to consider based on the latest trends in procurement technologies (which we discussed in part 1 of this series):

Continue reading “4 Top Procurement Technologies for the 21st Century”
Posted in Green Schools, Higher Ed, k-12, Paperless Schools

10 Ways Your Institution Can Save Money and Help the Environment

More and more companies are trying to reduce waste in an effort to become “eco-friendly.” But, any large institution will struggle with going completely green. Even when you’re conscious and mindful, it’s easy to generate a large volume of waste in an office or building with a large group of people. 

In the most recent study by the U.S. Energy Information Administration (EIA), commercial buildings were categorized and sorted in order of their energy consumption. They include, in order:

  1. Offices (including government buildings and banks)
  2. Mercantile buildings (stores, gas stations, malls, etc.)
  3. Educational institutions
  4. Healthcare services
  5. Lodging (hotels, nursing homes)
office buildings use the most energy out of all commercial buildings.
Continue reading “10 Ways Your Institution Can Save Money and Help the Environment”
Posted in HR Process Automation

How to Automate Employee Timesheet Approval – A Complete Guide for HR

Clock in, clock out time management

Timesheet tracking has been around for years. Punch cards, clocking in and out, ID forms, paper forms, Excel – we’ve seen every variant.

But, these processes are tedious and HR departments struggle to manage them. They must organize, deal with and approve timesheets for dozens or even hundreds of employees at the same time.

In today’s business world, these old-fashioned methods are too time consuming and they waste company time. Optimize your company for the 21st century by automating long, manual processes. Timesheet management is a simple, relatively frequent, and time consuming process. It’s a perfect candidate for automation.

Continue reading “How to Automate Employee Timesheet Approval – A Complete Guide for HR”
Posted in Workflows

Analyzing frevvo Workflows With Google Data Studio

Through the years, we know that customers just want their data so they can use their preferred tools and methods to analyze it. As a result, our product strategy maximizes customers’ ability to push or export form and workflow submission data into other systems.

We provide a variety of connectors e.g. the SQL Database Connector, the Google Connector (Google Drive and Google Sheets), the File System Connector, the SharePoint Connector and others. While these connectors have varied capabilities , a common thread is that they can export your submission data into another system.

Continue reading “Analyzing frevvo Workflows With Google Data Studio”