INTEGRATED VALUE FLOW – SUCCESS COMES WITH THE FLOW
Greater efficiency through coordinated processes, systems, and information
No business can afford to let resources to go waste. Optimising and integrating the flow of value (defined as the worth of property, goods, services, etc.) in a business can help upgrade the utilisation of resources. Comprehensive, but above all correct and complete reports must also cover logistics, production, and sales. Although forecasts from financial analyses based on inconsistent data carry little weight, the majority of businesses tend to use just 30% of the available data to assess their efficiency and competitiveness.
Loss of quality in ERP systems due to interruptions in value flow
Many businesses have to deal with uncoordinated processes, which result in heterogeneous data management and system failures. In most instances, value flow is financially managed in isolation, without considering or especially integrating it with the flow of materials and information. Consequently, businesses lack the base for integrating assessments and analyses.
Integrated value flow for higher efficiency and transparency
Standardised and harmonised processes, backed by information accessible at all times, should essentially coalesce into integrated value flow in a business. This is the precondition for boosting corporate efficiency, founded on full accounting of economic processes in all areas and systems. Hence, flows of materials and information must be converted into value flow to facilitate financial analyses and control and to help identify problems and gaps in processes and systems. Only after all processes are linked, can businesses even begin to raise the efficiency of their processes and add more value along the chain. When analysing and improving the flow of value, due consideration must be given to the purpose of reports – in order to balance the interests of competing stakeholders. You can bank on us to create the conditions for integrated value flow, because we have the necessary management and IT consulting expertise to effectively incorporate all departments, systems, and stakeholders.
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