What is needed is a fresh look
at the business processes, so that efficiencies are driven into the entire
business process supporting the organisation - at the most basic level this is
Straight Through Processing (STP).
What does it mean?
STP is all about the integrating and streamlining of
business processes in a move towards the goal of creating
"a highly efficient business entity" while increasing the
control and effectiveness in which a business interacts with its tenants,
suppliers, regulatory bodies and anyone who is connected with the
operation of an association.
The key goal if to cut down the amount of manual
intervention that is required to take a business operation from identification
through to completion. This offers a number of benefits including:
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The
ability for operations, maintenance, finance, Funders and management, etc
to access the information that they require specific to their job function
without creating new reports each time
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Reducing
the amount of mistakes made by human error
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Standardisation
of procedures resulting in, amongst other things, reduced staff
training times
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Increasing
the performance of working operations and the ability to monitor the
performance
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Improved
Cost and Time Efficiencies the need for paper based information and
processing will be reduced dramatically. In addition to this, all areas will be
informed quicker, enabling a more efficient processing of the business.
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Identification
of bottlenecks The process can be monitored more effectively, enabling
both the managers and staff to identify inefficiencies that can be smoothed out
so that they dont affect the speed of the overall process.
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Example
During the processing of invoices for repairs - this
information may be keyed in once on receipt of the claim and then passed
through a number of stages before it is finally accounted for and funds
allocated. The stages it goes through may involve several systems and
departments, each with their own set of procedures.
One approach is to automate the capture and routing of
the invoice by using work flow technologies.
However, this will not be sufficient as information may be required to be
updated and processed in other disparate systems. Increasingly, the need
to integrate the business processes is becoming vital to enable the changes in
the work practice. The latter will be particularly important as the
e-commerce initiatives mature.
Our offering within STP
Every association continues
to develop its businesses as quickly and as efficiently as possible. With the
ever increasing demand for information and cost reduction, automation can often
be the only viable solution.
However, incorporation of new technology is not simply
about installing a piece of software and new hardware. It is time consuming and
does require tight project management and qualified resources to ensure that
the benefits are quickly realised.
At ILLY we regard our business clients as our partners
and to whom we offer a guaranteed service which is based on our three founding
principles:
Customers are the
reason we exist
Quality is not for
compromise
Focus and Delivery are
our Strength
As a professional software house, we believe in
delivering a production quality solution to our clients using a tried and
tested methodology. This includes:
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Clearly understanding the
business and technical requirements. |
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Recommending business
solutions which will meet the requirements and enable future expansion using
the most up-to-date technologies. |
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Guaranteeing a fixed price
and delivery to meet our client's expectations. |
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Tailored training and
service levels to ensure independent usage of the system |