Manage – business excellence by converting data into information
 Once processes have been automated is when you start to see the maximum benefits of eProcBay ™. Starting
with leveraging the intrinsic advantages of Information Technology – the ability to perform rule based
operations faster and more reliably than any human possibly could. Now you can get alerts for key operating
parameters based on predefined parameters. Things like alerts when inventory levels are falling or reminders about
wastage are things humans used to do in the past. But we have all seen that at times, even the best of us miss out. eProcBay ™ DOESNT!
Critically, with the eProcBay ™ operating principle of A3 [Access, Anytime, Anywhere], now your team do not haveto be constrained by logistics. They can view and action critical tasks from anywhere in the world. All you need is
internet connectivity!!!
While reducing dependence on human ability for time consuming, “mundane” tasks and the A3 principle are animportant benefits, the jackpot prize is eProcBay’s ™ Operations Analytics Module.
Normally, performance measurement systems are aligned towards measuring financial/ accounting/ statutory requirements, and at best, superficially report on operational parameters. Many critical areas are overlooked, that can have a significant impact on your revenue and profitability.
Now seemingly random data points converge into meaningful information as eProcBay ™ starts to present its
comprehensive MIS platform. In addition to the existing “lag metrics” that serve as a post mortem analysis,
eProcBay ™ can show you how to extract and analyse “lead metrics” . The latter is vital to preparing for the future.
For example, credit period and working capital requirements are often overlooked on an operating level and looked
at only during the last stage of negotiation. Having timely projections of your payables commitments will help you
prepare a procurement strategy and negotiate credit period with your suppliers/vendors. This reduces the chances
of funding your payable through borrowings and consequently improving your standing
Some of the areas where reporting systems would be of significant benefit include;
• Compliance Adherence & Monitoring
• Purchase Performance – Track and Monitor Orders, % Fulfilment, Age of deliveries
• Purchase Order Statement – Orders Raised, Implemented, Pending
• Stock statement – Age-wise Analysis & Disposal Plan
• Price Related reports - Item-wise Movement
A simple evolution to this would be “Spend Analytics and Monitoring” where we develop a savings tracking
methodology to help you periodically monitor savings. If the realized savings fall short of projected or identified savings, a formal analysis of the situation can be conducted and an action plan developed to ensure that realized savings come in line. |
Unlike many other vendors, we look at potential relationships as long term partnerships. With eProcBay ™, it is
never a question of just taking your money but not sharing your risk. To build a solid foundation, our approach has
been to first analyze and understand your requirements before proposing a solution. If our expert team feels that
you would not be able to effectively leverage the eProcBay ™ benefits, we will be the first to tell you.
With eProcBay ™, we don’t begin by forcing theories on you. Best practices fail, not because they were not good, but because sufficient time and effort has not been invested in understanding the individual organization’s special requirements. In addition to the team’s extensive global expertise, eProcBay ™ is backed by an entrepreneurial mindset that understands your unique dynamics. First we work on understanding your challenges, business plans, operating environment, and organization’s culture. Only if we are mutually convinced of the need to change, will something be redesigned. Our process redesign approach is based on the best international industry benchmarks extensively modified to meet your requirements. Our three focus areas are reducing waste, lead times and people dependency, the improvement of which can dramatically improve your operating efficiencies.
There are no technology investments you have to make. Even if you have your own IT set up, eProcBay ™ is
easily integrated. In fact, using our model, frees up your technological assets and investments which can be more
profitably invested elsewhere. With eProcBay ™ there is also no requirement for hiring highly skilled personnel. We
handle everything, and if required, train your existing team to effectively handle operations.
