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EDICT® Workflow
- Document Management
& Workflow
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Accelerating the
road ‘Towards E-Office’
Today’s business environment
is focused on the creation and manipulation
of documents. Whether handwritten,
typed, electronic or printed, documents
are the lifeblood of enterprises in
every industry around the world.
EDICT-Workflow has been designed to
provide a clear and user-friendly
methodology by which all documents
can be digitally managed. Offering
a central document repository, tracked
movement of documents and transparent
routing of documents across various
work centers, EDICT-Workflow can improve
productivity, enable faster decision
making, reduce costs and increase
customer satisfaction. With EDICT-Workflow,
enterprises and knowledge workers
enjoy outstanding benefits, including:
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- Round-the-clock
access to business-critical information
- Increase
productivity
- Lower
overheads from reduced photocopying,
printing and physical storage
- Enhanced
and more granular information security
- Increased ability to recover
from catastrophic events such as
fires and earthquakes
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The Challenge
The key business challenge in any enterprise
setting is to make information available
to business users whenever required. Only
this way can an organization reduce the
valuable time that users traditionally spend
on non-productive tasks, such as looking
for documents or waiting for documents to
reach their desks.
Naturally, in today’s high-threat environment,
it’s also crucial to provide the peace
of mind that can only come from comprehensive
document security. EDICT-Workflow has been
designed to enable the movement of documents
between multiple users, while offering robust
levels of security that exceed those offered
by the physical manipulation of documents.
By changing the behavioral patterns of workers
in this way, EDICT-Workflow ensures ready
accessibility to information while effectively
reducing operational costs.
Solution Framework
EDICT-Workflow has been designed to streamline
and simplify document-driven business processes,
such as the processing of loan applications
by financial services organizations.
The following diagram illustrates the simplicity
that EDICT-Workflow can bring to such business
operations.
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Business Value Proposition
While the actual benefits experienced by
users are unique to each enterprise, it
is possible to surmise substantial cost-savings
in the cycle time of processing a document
with EDICT-Workflow.
For instance, assuming that the movement
of a document takes at least two minutes
to move from one work centre to another,
a document’s physical movement alone
would take 10 minutes on an approval-chain
of just five people. With EDICT-Workflow,
this time lapse can be reduced to practically
zero!
The elimination of this time lapse can be
directly translated into cost savings and
enhanced profitability, as staff efficiency
improves and the number of documents being
processed increases. In most business settings,
conservative estimates suggest that EDICT-Workflow
can deliver at least a 10% increase in productivity.
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