COST REDUCTIONS

As is versus to be

To understand the return on investment the as-is process needs to be mapped and costed to define where cost reductions can be made. This will then provide the basis to determine what the to-be process needs to return. B2BE can help in this respect during any mapping processes but your organisation needs to have a good understanding of the as-is processes.

Qualitative and qualitative return

Return on investment can be quantified always but some aspects of the qualitative returns are harder to measure. For example, you can cost out an accounts payable process to determine the cost of paying an invoice. But paying all supplier invoices on time and in full allows you to negotiate with suppliers when you want to move a payment date because you pay promptly is difficult to quantify.

So, bear in mind, many aspects of return on investment are qualifiable but some may now always be as easy to quantify but offer considerably returns.

Work on the ROI and aim for it

No matter which way you determine return on investment make sure, when the project has been delivered, it’s been achieved or bettered. B2BE like to think that as a supplier to your organisation we have a better run rate on return on investment and want your organisation to share in this success.

Related Solutions

Accounts payable

How much does your organisation want to automate and streamline your accounts payable environment? B2BE’s solutions can automate in part or in total your accounts payable functions to improve throughput and accuracy.

Document distribution

B2BE’s document distribution solution allows intelligent routing of documents so they’re sent from your organisation electronically and B2BE handles the distribution methodology based on the defined approach set by your organisation or your organisation’s clients.

E-Invoicing

Automate and streamline your organisations e-invoicing environments to improve processes, increase throughput and allow accounts payable and accounts receivable environments to focus on adding value.

Procurement

B2BE’s procurement solutions facilitate several areas within the procurement process to provide a sophisticated, yet straight forward, procurement environment.

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