Digitalisation has proved to be extremely essential for business success today due to changing consumer demands, continuous technological advancement, and the growth of competitive businesses.
According to Gartner, Digitalisation is the use of digital technologies to redefine a business model and offer new revenue and value-producing prospects. It refers to enabling or improving processes by leveraging digital technologies and digitized data to boost productivity and efficiency while lowering costs by improving an existing business process.
Digitalisation has a profoundly positive effect on businesses. More than 40% of small businesses report consumer growth thanks to digital tools; 70% of those companies also reported revenue growth due to digital transformation. Such growth is also responsible for those businesses creating twice as many jobs.
The fact is businesses that work with digital transformation are twice as profitable as those that do not.
Reasons why digitalisation is critical for the growth of your business:
- Digitalisation optimizes your processes: Digital transformation helps with your process optimization by introducing tools especially tailored to your needs. You will be able to perform your tasks the best way possible by leaving all the heavy lifting to machines and software.
- Digitalisation streamlines all business processes: It improves your everyday efficiencies. No more waiting weeks/months for your data, with digitalisation, you have your data everywhere with you, whenever you need it without the hassle of trying to locate the exact location of the data you need.
- Misalignments in your supply chain: Like many other supply chains, you might have too many players. Many supply chains often have too many people working to complete a task due to their manual process. Digitalisation and new technologies allow your business to make the value chain shorter and offer more value to your customers while also reducing the workload for your employees.
WrxFlo is at the forefront of digitalisation. Our main objective is to allow businesses to operate more efficiently with our digitalisation methods. The WrxFlo solution offers a 90% reduction on administration, 20% inventory reduction, 25%-part cost reduction and 15% improvement in 3PL performance in their digitalization.
Additionally, WrxFlo offers an 80-95% reduction in the paper process, and we are on track to reduce that further to 100%. We do this while achieving an increase in production by 25% for our customers.
If you’re interested in learning how we can transform your business through digitalisation, contact us for a free non-contractual demo of the WrxFlo platform today. You are one step away from a completely digitalised future.