Today, business has become increasingly global, sophisticated, and complex ­­­ accelerating the pace of operations and response times. The need for speed is a must. To be quick and agile, organizations are increasingly seeking to automate their operations. Yet, how this be accomplished at scale and within a timely manner?

Read The Need for Speed: Automating Manual Processes and learn how low ­code platforms like TrackVia enable you to create custom workflow applications that are mobile ­ready and IT­ approved within weeks. Download the paper now.

A Survey of Operations Executives

6 reasons why operations executives give up on digitization.

Digitization means finding solutions that solve for both manual processes and legacy systems, but digitizing with or without IT’s involvement is risky, costly, and time ­consuming. It’s no surprise operation executives are giving up. In fact, 58% are reverting back to manual processes.

TrackVia surveyed over 200 enterprise operation executives in March of 2019 to discover why operations teams are unable to evolve.

Download Giving Up on Digitization Initiatives: A Survey of Operations Executives to learn more about their experience and why there’s light at the end of the tunnel.

With more twists and turns and “go back to start” than a game of Chutes and LaddersⓇ, it’s no surprise customers are looking for alternatives to the traditional mortgage process. Changing customer expectations combined with lower margin and price compression have driven digital transformation strategies across the industry. The next stop? The back office.

“The second digital revolution will focus on the back office to lower the cost for processing and underwriting.”

With a measured approach to automating middle and back office processes, lenders can: improve the customer experience, increase asset quality while mitigating risk, simplify regulatory compliance, increase efficiency, and contain costs.

Download Deliver a Winning Lending Experience now to learn how industry leaders like Stearns Lending are digitizing their back office operations to grow their bottom line.

Modernizing the Back­ Office: Digitizing Financial Services with Low Code Platforms.

Banks today operate between two distinct worlds of back­ office and front­ office operations. Yet, most banks focus on optimizing the front­end customer experience. Oftentimes, this creates even more back­office manual processes.

On average, retail banks today have between 300 and 800 back­ office processes to manage and monitor. These processes leave the back ­office staff to deal with redundant tasks, excessive manual processing, and slow response times. This is why digitizing back­ office processes have the most potential on making monumental impact to the business.

Download Digitizing Banking Back Offices with Low Code Platforms and learn how easily you can digitize back ­office processes in weeks with low ­code platforms like TrackVia. TrackVia helps banks improve operations, customer experience, as well as data quality and accessibility.

Financial institutions are counting on banking operations to help transform them into the bank of the future. But, most bank back offices still have between 300 and 800 back ­office processes to manage and monitor ­­ hampering their progress and making data breakdowns are inevitable. As a result, banks can’t bring new offerings to market quickly, and still deliver disjointed experiences that leave consumers unfulfilled.

It’s time for a better way to approach back office automation.

Download Banking on Automation for a Better Back Office and learn how digitizing your back office processes with a workflow platform allows you to:

• Automate data collection to reduce errors and standardize your data
• Digitize work flows to speed up end ­to­ end processing
• Reduce operating expenses and improve the cost ­basis of consumer offerings

Digitizing Solar Operations to Connect Field Data to the Office.

When it comes to the solar business, you’re only as good as the data coming from the construction, operations and maintenance, and storage. Yet, companies today still collect data using paper and pen.

“...88% of all spreadsheets have errors in them, while 50% of spreadsheets used by large companies have material defects.” – CNBC

Solve the problem at the source — the field.

In Prevent Data Blackouts: Digitizing Solar Operations to Connect Field Data to the Office, we discuss how digitizing operations with a mobile friendly workflow platform, allows you to.

Acquire more complete, consistent, and accurate data in real­time. Take action in a fraction of your current response time. Analyze all your data across multiple systems for faster and more informed business decisions. Download the eBook today

Digitizing Operations to Improve Performance, Quality, and Compliance.

These days, competition, regulation, and technology are fundamentally changing how energy and utilities businesses operate. As the stakes get higher, the pressure is on to do everything better and faster — while continuously reducing costs.

Energy and utilities leaders understand they need a digitization strategy that will see their organizations into the future and CEOs believe digital transformation will deliver sustainable cost reductions, enhance revenue growth, and support better decision ­making.

Yet, despite digital’s tremendous potential, energy and utilities organizations have been slow to adopt or fully implement digital initiatives. Meanwhile, the consequences of continuing to rely on manual processes and disparate systems negatively impact business — creating challenges with meeting goals for on ­time performance, quality, safety, and compliance.

Read Turn Up the Power: Digitizing Operations to Improve Performance, Quality, and Compliance and learn the day­today impacts of manual processes and disparate systems and how you can quickly implement custom, IT­ approved workflow apps that integrate with your systems in weeks.

A Survey Report from the Utilities’ Perspective.

Utility companies and service providers are at a tipping point.

TrackVia surveyed 200 utility companies about the business risks of service providers using manual processes and the results are staggering. With time­consuming and costly data entry, reporting, and auditing, as well as the inability to quickly access accurate information to address outage and customer service issues, it’s clear service providers need to evolve.

Financial institutions are counting on banking operations to help transform them into the bank of the future. But, most bank back offices still have between 300 and 800 back-office processes to manage and monitor -- hampering their progress and making data breakdowns are inevitable. As a result, banks can’t bring new offerings to market quickly, and still deliver disjointed experiences that leave consumers unfulfilled.

It’s time for a better way to approach back office automation.

Download Banking on Automation for a Better Back Office and learn how digitizing your back office processes with a workflow platform allows you to:

• Automate data collection to reduce errors and standardize your data.
• Digitize work flows to speed up end-to-end processing.
• Reduce operating expenses and improve the cost-basis of consumer offerings.

Download Banking on Automation for a Better Back Office now.

Generally speaking, the utility industry has been somewhat sluggish in its application of technology to streamline operations and productivity. However, this attitude has been shifting in recent years as companies are becoming more attuned to the significance of meeting customer expectations. In this Playbook, you will learn:

• Why many utilities are using mobile automated workflow tools to improve processes and save money.
• About how one Monterey, Calif.-based company experienced explosive growth after adopting custom-built mobile technology.
• The latest statistics and real-world examples related to how digital tools are helping utilities reap an array of benefits.
• How one single-source provider in the energy sector recently reduced its number of employee safety incidents thanks to the implementation of digital technologies.

If your company would like to learn more about digitizing operations, download our new playbook today.