How to make working from home work for you
In these challenging times where the pandemic impacts how we live and work, many workers now must work from home. While for some this may not be a new experience, for many others used to working in an office or shared service environment the change is dramatic. For the executives and managers of shared services and back office operations that must continue to serve the core business, the challenge of a remote workforce can be even more compelling.
One of the most substantial advantages of workin from home is cost reduction. By downsizing office space or eliminating it altogether, companies can save significantly on rent, utilities, and maintenance. Additionally, remote work can lead to increased productivity as employees often experience fewer distractions at home. Studies have shown that remote workers tend to have higher job satisfaction and lower turnover rates, resulting in a more stable and engaged workforce. Furthermore, expanding your talent pool to remote workers allows you to access a wider range of skills and expertise, fostering innovation and creativity. By embracing remote work, companies can enhance their bottom line, improve employee morale, and position themselves for future success.
How to make a smooth transition to remote work
The news is not all bad. ICG Consulting has a suite of solutions that can be implemented rapidly and provide organizations the ability to equip remote workers with tools to process transactions and manage vendors from their home offices. These cloud-hosted tools include:
- AP Vendor Portal – invoice submit, payment inquiry, dispute submit & track
- Procurement Supplier Portal – vendor onboarding, vendor maintenance, PO dispatch & update, RFx dispatch & update
- Electronic Invoice Submit – invoices from email (Document Assembly Tool), EDI, vendor portals, remote scan
- AP Automation – workflow, data capture, OCR
If your organization is struggling with how to maintain continuity in your back-office operations under the current circumstances, contact ICG and let’s discuss how we can partner to ensure you meet your operational obligations. It’s time to learn how to make working from home work for you!