1. Optimize business processes - The number 1 benefit of digital transformation
Digital transformation allows businesses to apply modern technology and software to improve the efficiency and effectiveness of business processes. Automating manual tasks and using smart data helps businesses reduce time and costs and increase work efficiency. From there, businesses can minimize errors and speed up production and business progress.
For example, a business can use data analytics tools that help generate real-time reports to improve decision making, or use the benefits of digital transformation to improve communication and coordination between employees
2. Improve employee work efficiency
Digital transformation brings businesses advanced tools and software. Employees can use these modern technologies to help make the work process more efficient and focus on projects, improving professional capacity. The benefits of digital transformation will help employees improve productivity and increase work efficiency. Some practical benefits that employees can benefit from digital transformation:
- Automate manual, repetitive tasks
- Easily access information when needed
- Easily collaborate with teams, groups,...
3. Digital transformation helps businesses digitize products
The benefits of digital transformation in businesses help create better products or improve existing products through the integration of new technology and data. Digital products will meet market needs more quickly and expand potential markets, bringing outstanding revenue to businesses.
4. Increase customer experience - Benefits of digital transformation in businesses
Nowadays, customers increasingly value shopping experience and want to use highly personalized products. Personalization in the production and business process will give customers better experiences, they will feel special to businesses.
Digital transformation also helps businesses collect information from customer data to better understand their needs, preferences and behaviors. Businesses can take advantage of the benefits of digital transformation to optimize the shopping experience, improve satisfaction and meet increasing customer expectations.
In addition, the benefits of digital transformation in businesses can help enhance interactions between businesses and customers by using tools such as chatbots, social networks and livechat,... This can help businesses provide better customer service and build stronger relationships with customers.
5. Save operating costs, increase profits for businesses
According to a SAP report published in Las Vegas, thanks to digital transformation, more than 80% of businesses have increased profits, 85% of businesses have increased market share in their industry (source: SAP Center for Business Insights and Oxford Economics). It can be seen that digital transformation is greatly helping businesses in optimizing costs and increasing profits. Thanks to the benefits of digital transformation , Vietnamese businesses have gradually switched to digital signatures and electronic contracts thanks to saving a lot of time on meetings, sending documents, etc. Besides, businesses Businesses can also reduce labor costs when optimizing the process of arranging and storing data.
In addition to optimized operating costs, using digital transformation also helps businesses more easily reach customers through many online channels instead of one traditional channel as before. Thanks to that, sales costs such as display costs, inventory costs, etc. are also optimized.
6. Digital transformation helps control and manage information and resources effectively
One benefit of digital transformation in Vietnamese businesses is that it helps information be digitized and easily managed. Administrators will not need to worry about old information on paper being lost, damaged, blurred, or data being scattered and asynchronous, leading to time-consuming control and sometimes being impossible to grasp. . In addition, managing documents and information through the benefits of digital transformation also helps administrators better understand the status of their businesses and customers every minute and every second. From there, they can make the right decisions at the right time.
7. Streamlining processes within businesses - Benefits of digital transformation
Previously, to sign a document, contract, etc., Vietnamese businesses would take up to 3-4 days just to move, print, send documents, submit signatures, etc. countless departments, levels, etc. Nowadays, thanks to the benefits of digital transformation , employees in the business only spend a few minutes sitting in place and signing documents with a few clicks instead of because it takes time to find the boss to submit it for approval.
Managers can also review and confirm issues anytime, anywhere instead of having to be present at the company all the time. The browsing process of enterprise systems is also easily connected to each other thanks to digital transformation, becoming simple, streamlined and effective. Thanks to that, human resources and operations departments can easily control and handle more problems.
8. The benefit of digital transformation is to bring business flexibility
Thanks to digital transformation, administrators can easily control information flows from which they can predict risks, problems, and opportunities to make decisions appropriate to their business model and business model. market. For example, when Covid 19 broke out, digital transformation businesses encountered problems and were able to adapt to "Work From Home" without affecting their business processes. Besides, Enterprises also flexibly adjust their business models according to user tastes in the new era such as selling online instead of focusing too much on offline segments.
9. Increase transparency and efficiency in the corporate governance system
Thanks to digital transformation, managers can easily evaluate the capacity and productivity of their employees. Besides, this also helps reduce conflicts among personnel and brings fairness to all employees in the business. Because when applying digital transformation, businesses will have reports on the capacity, productivity, working situation, sales,... of each employee, each department,... in the company.
Thanks to the benefits of this digital transformation , managers will have appropriate suggestions for subordinates as well as the company. Besides, employees also understand their own level of ability and see the capabilities of others, thereby understanding their own strengths and weaknesses so they can easily improve their capabilities further. This is one of the extremely important digital transformation benefits in the business system.
10. Contribute to building a better corporate culture
Digital transformation will create a new change for corporate culture. Digital transformation will help foster an automated, proactive culture in every business. For example, when applying Viindoo digital transformation software, employees in the enterprise will update their work on the system as well as easily exchange between departments. This will create a sense of responsibility for work and increase control for employees. Besides, digital transformation also creates a culture of sharing and support when departments have problems
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