For many businesses, the publication of Ireland’s National Digital Strategy earlier this year will give fresh impetus to the digitalisation of their organisation. With ambitions to enable 90% of SMEs across Ireland to reach Basic Digital Intensity by 2030, and to support at least 800 Irish based businesses by 2026 under the €85 million Digital Transition Fund, it’s clear that enterprises with low levels of digital maturity need to get up to speed to avoid being left behind.
But for many businesses, the question is often where to start? From speaking to business leaders around the country, many are aware of the benefits digitalisation can bring, from reduced costs and increased productivity to reduced carbon emissions. However, while the benefits may be clear, how and where to begin their digital transformation journey is a more pressing challenge.
At Kefron, we believe that the road to digitalisation starts with one small step. While there are many facets to digital transformation, digitising just a few key aspects of your organisation can help to drive real benefits for your business.
As a company which has continually sought to innovate in order to grow, Kefron is helping SMEs and other businesses, both in Ireland and in the UK, to harness the power of digital technology to accelerate the transition from traditional processes to smarter systems to help create greater efficiency and increase their digital intensity.
The paperless office
Over the last two years we have seen many businesses pivot and transform amidst public health restrictions. With everyone working from home, the business ideal of the “paperless office”, which at one point many companies could only aspire to, started to become a reality.
To help businesses on this path, Kefron has developed a range of secure and scalable document management solutions that can support you in moving files online and fully digitising your information. As more businesses embrace hybrid work practices, there is a growing need for employees to be able access information from any location securely so they can do their best work.
But the benefits don’t just stop there. By moving physical documents and information online, businesses can enjoy greater security, time and cost savings, greater accessibility and improved visibility and accuracy.
E-invoicing
Meanwhile, as part of our range of document management solutions, Kefron’s innovative accounts payable automation technology provides businesses, large and small, with automation software designed to reduce time spent on supplier invoice processing, approval and record keeping. Automated invoicing processes can result in cost savings of between 70% and 90%, as well as time savings of up to 85%, savings that can be reallocated elsewhere to support businesses critical functions.
And it’s not just about saving time and money. With many business leaders looking to adopt a greener approach to doing business, digital technologies are increasingly becoming the gateway to achieving sustainability goals.
Recently at Kefron we announced that we will be the global accounts payable automation partner to Exclusive Networks, a global trusted cybersecurity specialist and solution provider. Through this partnership, we’re excited about bringing the benefits of our accounts payable solution to 21 new markets and enabling more businesses to benefit from the latest advancements in machine learning technology, supported by a team of data engineering specialists based at our Kefron HQ in Dublin.
By supporting leaders to embrace innovative accounts payable automation technology, while digitising their documents and information through our wide range of management solutions, we can empower businesses on the journey towards a more efficient, cost-effective and sustainable future.
Laying the foundations
As the digitalisation of Irish enterprise gets underway in earnest, spurred on by the ambitious targets and generous supports outlined in Ireland’s latest National Digital Strategy, companies will be looking to keep pace with the digitalisation of their competitors and reap the benefits thereof.
By starting or building on existing transformation with the transition to a smarter office, with its focus on efficiency, security and sustainability, business leaders can enjoy the many benefits of digital transformation, while maintaining their competitiveness and laying down strong digital foundations for their business to succeed and innovate well into the future.
To find out more about how Kefron can help you to digitalise and transform your business, Click here.
