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September 25, 2024IVPHUB: Simplifying and Automating Business Operations
97% of businesses believe that the use of process automation to streamline operations and increase efficiency is vital to Digital Transformation
Efficiency and productivity are paramount in today’s fast-paced business environment. To stay competitive, organizations must find ways to streamline their operations, reduce costs, and improve customer satisfaction. This blog presents you with one solution to all your problems; IVPHUB. Let’s discuss what IVPHUB is, how it works & how it is revolutionizing the handling of day-to-day tasks using the power of Automation & AI.
IVPHUB, a proprietary product of iValuePlus, is a comprehensive platform designed to simplify and automate complex business processes. It is a one-stop integrated platform that helps all the business operations like HR, Recruitment, IT, Finance, and Payroll providing time to perform their core activities. By integrating these tasks from essential areas into a simplified interface, IVPHUB helps companies improve productivity and allows them to focus on their core business development. IVPHUB simplifies your life with an all-in-one solution for HRMS, ATS, assessments, and more. By leveraging the power of artificial intelligence, IVPHUB can help organizations increase efficiency, reduce errors, make data-driven decisions & provide better insights. At this point, a question arises. Why do we need to automate the administrative processes? Let’s understand why-
Why Automate and Integrate Business Operations?
The most significant benefits of workflow automation for a company are higher efficiency and increased productivity. Automated workflows can be used, for instance, to follow up on pending applicants, invoice clients, generate IT tickets, or enter data into a system. This speeds up the whole process, guarantees accuracy and consistency, and saves personnel time for higher-level activities. 73% of IT leaders believe automation saves about 50% of the time.
Reduced Errors: AI-powered systems can minimize human error as the automation software works on a specific set of programs. Moreover, the power of machine learning enables the software to learn from mistakes. This ensures accuracy in data processing, time savings, and improved decision-making & quality of work. IVPHUB helps you by making informed decisions backed by real-time data & intelligence. 50% of organizations believe that automation reduces or eliminates the chances of human error.
Enhanced Customer Experience: Automation can lead to faster response times and improved customer service. An AI-based BPM(business process management) software, like IVPHUB, ensures that each step in customer interaction is handled efficiently and correctly, from the initial contact to the resolution of an issue. This improves customer loyalty and builds trust.
Cost Savings: Using workflow automation software will save the time spent on complex manual tasks carried out by professionals. Taking away the daunting and repetitive tasks from the personals would increase their creative & critical thinking. This saves a lot of money by saving time which was wasted earlier. Some human tasks can be completely automated and the wages can be applied to other operations. 51% of people believe that automation can reduce costs by 10 to 50%.
How IVPHUB Can Benefit Your Business
As iValuePlus introduces IVPHUB to the industry, we are excited to offer a tool that not only supports business efficiency but also fosters growth by allowing companies to focus more on their core activities and less on administrative complexities. IVPHUB is set to become an indispensable asset for businesses looking to adapt, scale, and thrive in the modern digital landscape. IVPHUB is applicable across a wide range of industries, including:
Healthcare: By automating processes like applicant tracking, IT ticket resolution, payroll processing, and employee onboarding, healthcare organizations can improve efficiency, enhance employee experience, gain valuable insights, and reduce costs.
Information Technology: IT firms increase productivity, boost employee satisfaction, save expenses, obtain insightful data, and improve employee experience by automating activities like application tracking, IT resolution, payroll processing, and employee onboarding.
Financial Services: By using IVPHUB for IT support, payroll processing, and employee onboarding, financial organizations can 2x their efficiency, and reduce the risk of errors and fraud.
Transportation & Logistics: Automating processes like IT, recruitment, payroll, & HR can help logistics companies save a lot of time and management becomes easy. The time saved could then be leveraged into strategic efforts.
Retail (Food & Beverages): 60% of retailers have integrated AI, a jump from 35% the previous year, marking the most significant industry increase. It simplifies processes, reduces errors, decreases the time taken for task completion, improves the accuracy of data, and saves money.
Exploring through the use cases for IVPHUB:
IVPHUB has something for everything. The easy-to-navigate interface allows different teams in businesses to cut their time by 50% and costs by 10 to 50%. Here’s what IVPHUB offers to different teams
For the Recruitment Team: IVPHUB includes an Application Tracking System that streamlines the recruitment process, making it easier to track and manage candidate applications efficiently from initial contact through to hiring.
For IT Support: The platform features an IT Asset Management and Ticketing System, which allows for effective tracking and management of IT resources, alongside a robust support ticketing process to resolve issues swiftly and maintain operational continuity.
For Finance & Payroll: IVPHUB integrates comprehensive tools for managing finance and payroll operations. This includes features for automated payroll processing, financial reporting, and budget management, which simplify complex financial tasks and ensure compliance with relevant regulations.
For HR Operations: An HR Management System (HRMS) is in place within IVPHUB to handle all HR-related activities, from employee onboarding to performance evaluations, benefits administration, and more. This system supports HR teams in fostering a productive and engaging work environment.
Perks of switching from other tools to IVPHUB
Unified Platform: You do not need to buy HRMS, ATS, or Assessment tools separately. IVPHUB will make provision of doing all these under one umbrella, saving cost to buy multiple products.
24/7 Customer Support: The team of iValuePlus is prompt in taking care of the customers facing any sort of issue using IVPHUB.
Easy-to-use Interface: The design & working of IVPHUB are such that it gives a comprehensive view for different tasks such as employee management, payroll management, new hiring, and much more. One can easily navigate through the tool which will also save time.
By automating and integrating business operations, organizations can achieve greater efficiency, reduce costs, and improve customer satisfaction. IVPHUB is a powerful tool that can help businesses of all sizes realize these benefits. Small and medium-sized businesses could tap into a $1.6 billion market opportunity with workflow automation by 2026.
Businesses must be prepared to make the investment in their success and go through the learning curve that comes with implementing new technologies if they want to fully benefit from workflow automation.
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