The power of TWO – K2 FAST FWD Roadshow post-event brief
By Raymond Sabharwal | July 2, 2014
I recently read an article on National Business Research Institute on the factors affecting productivity. One of the stories caught my attention: it was about how technology can improve business productivity. The writer mentioned a study on the habits and productivity of 100+ Intel employees. These employees were upgraded to wireless notebooks. It was found that there was a gain of more than 2 hours/week (interestingly more than the cost of their upgrades in the first year). It was also discovered that productivity increased when employees were able to control more of their time.
It is common knowledge that automation leads to efficiencies in addition to the reduction of errors. We’re all aware of this and most of the time embrace it; yet we all get tied up with relentless daily tasks and last minute fires that at times cause us to overlook this important aspect.
Improving efficiencies with effective partnerships
The main message of the K2 FAST FWD Roadshow was to reinforce the value of automation. We tried to share a fair variety of stories reflecting automation so that the audience could relate and have their own a-ha moments. And trust me, many of them did have that moment and I suspect the remainder had already implemented and were there to see what was new!
K2 helps organizations build and run business apps. This allows organizations to automate their workflows, forms and data. Since all of these elements require and deal with documents or content at some given point, it becomes a no-brainer to standardize and automate the content as well!
To walk you through a simple scenario – let’s say an insurance adjuster has to collect and submit information from field to head office and in return expect the approval of claims. Imagine if the adjuster could design and run a business app to ensure his claim files/content channels through one singular process and he is aware of the status of any individual claim at any given time. Now layer this with the scenario that the adjuster has decided to standardize and automate all of this content to PDF. This means he can click pictures of the damage in the field, prepare a statement in an Excel format and write his report in Word. When submitting his report to the office, at a click of a button he can merge all of these different file types (along with any other file type – let’s say a design file in DWG format) in one PDF, add watermarks, digital signatures, table of contents, page numbers and a host of other features! Now isn’t this 25th-century stuff?
But there is more to this. Think about this same adjuster being questioned about this very claim 12-15 years from now. The answer is to follow the process (previously designed with K2) and retrieve the PDF file! No need to worry about file format (whether it will be readable or not), native application programs or running to a data center to produce a paper copy!
Adlib and K2 integrate to provide this astonishing efficiency. Another important aspect of this integration is that this combination works with the industry’s top Enterprise Content Management Systems (ECMs).
So Adlib + K2 are what I call the power of TWO! Take a look at this on-demand webinar where you can see this partnership in action with a joint customer.
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