19-03-2024
News
Hungary
digital transformation, Digital transformation strategy and Planning, Technology selection and Integration, Process optimization and Automation, Compliance and Regulation, Change management and Training, Data analytics and Business intelligence, PS APPS, touchless accounting
Would you please introduce yourself as PS’ Digital Transformation Director for our readers?
I come from a business background where I gradually picked up digitalization, recognizing how extremely powerful digital solutions are – from automating everyday tasks to designing comprehensive strategies. I have been working with Process Solutions for over 5 years now on process improvement and project management. At my core, I am driven by progress and helping people and businesses achieve the best version of themselves they can be. My colleagues say I can explain complex technological concepts in a way that is easy to follow and understand – I guess we’ll see about that!
Attila Sólyom, Process Solutions’ Digital Transformation Director
It’s no secret that this interview is being conducted in relation to a significant announcement concerning the extension of Process Solutions’ service portfolio with digital transformation advisory services…
In an era marked by rapid technological advancements, our company is thrilled to announce the launch of our Digital Transformation division. With a 25-year legacy in accounting and payroll services and a status as market leaders, we are embracing the digital era to ensure our clients and us are navigating the complexities of digital evolution with ease.
PS’ management emphasizes that recognizing the challenges of the digital age and offering revolutionary solutions for digital transformation are central to our modern vision.
Our comprehensive suite of services includes digital strategy planning, technology selection and integration, process optimization, compliance advisory, change management, and data analytics — all designed to enhance efficiency and inspire continuous innovation.
The division aims to transform businesses by making them more agile, compliant, and competitive in a digital world, thereby ensuring our future success together with our clients. This initiative not only signifies our commitment to growth and innovation but also reflects our dedication to transferring valuable knowledge to our clients, ensuring they are well-equipped to thrive in the digital landscape.
Why is it important for PS, a leading accounting, bookkeeping, and payroll outsourcing company (*), in today’s market to establish a dedicated Digital Transformation Team?
On the field of business process outsourcing services, establishing a dedicated Digital Transformation division is crucial due to the evolving technological landscape and the increasing demand for digital-first solutions. This move allows us to leverage innovative technologies to enhance efficiency, accuracy, and security in our services. It also positions the company to better meet client expectations for digital accessibility and insights, ensuring that together, we remain competitive and relevant in a rapidly changing business environment.
Beyond internal developments, to whom does your Digital Transformation Team recommend its services?
Our services are offered to organizations across various sectors. These are beneficial for companies at any stage of their digital transformation journey, whether they are just beginning to explore digital opportunities or looking to enhance their existing initiatives. The services are tailored to meet the unique needs of each organization, ensuring that businesses of all sizes, from small and medium enterprises to large corporations, can effectively leverage digital technologies to achieve their strategic objectives.
I will give an example: I am extremely proud of our team for the launch of PS APPS, our most recent development. It is a brand-new, modern take on traditional vendor invoice processing. It delivers a 100% precise, touchless accounting capability by taking a daring approach instead of a more common one!
This sounds exciting, could you please elaborate further on this?
It is a touchless invoice processing solution based on predefined and pre-agreed information. Unlike introducing Purchase Orders, what merely moves accounting activities to the beginning of the process, the approach offered by PS is a truly automated processing system that does not rely on purchase orders. The solution already demonstrated its effectiveness during a 1-year prototype testing phase, and now we see rapidly increasing customer demand for it. With this solution, we are able to provide a truly unique accounting experience – and thus, benefits, such as precision and efficiency – to our clients.
Suppose I am a representative of a potential client! Please provide a brief insight into the digital transformation methods and project management principles you follow to support my company’s digital transformation in the most efficient, effective, and painless manner possible?
Embarking on a digital transformation journey is much like navigating through a complex and ever-evolving landscape. It’s essential to have a clear map and the right tools for the journey ahead – we can enhance your firm’s operations to leverage the full potential of digitalization.
We can start at aligning our approaches and visions, formulating a Digital Transformation Strategy and laying down a strategic roadmap tailored to your unique business goals.
If your strategy is clear, we may focus on Technology Selection & Integration. This is where we pick the best tools for the job, ensuring they not only fit your current ecosystem but also propel you towards your digital aspirations. This works for complex projects or a limited scope as well – such as selecting a specific system for a specific process.
Process Optimization & Automation is where the real operational magic happens. We streamline your processes, eliminate inefficiencies, and automate where it counts, significantly boosting your productivity and reducing costs. We carefully consider what fits best to your specific needs – from traditional technologies such as Excel automation, through Robotic Process Automation, all the way to innovative AI solutions.
But technology alone isn’t the whole picture. That’s why we pay close attention to Compliance & Regulation. This service is all about making sure our digital transformation efforts are not just innovative but also responsible and sustainable, keeping you on the right side of regulations and standards.
Of course, transforming processes and systems is one thing, but the heart of your organization is its people. That’s why Change Management and Training are so crucial. We can help your team navigate through the changes, ensuring they are not just ready but also excited about the new ways of working.
Lastly, we can harness the power of Data Analytics & Business Intelligence. We use data to unearth insights, drive decision-making, and continuously refine your strategy. This ensures that your digital transformation journey is not a one-time project but a continuous cycle of improvement, innovation, and growth.
Together, these services form a comprehensive approach to digital transformation, designed to make your company not just survive, but thrive in the digital age. It’s about taking thoughtful, strategic steps that build on each other, ensuring that the end result is a truly digitalized, cost-effective operation that sets you apart in the marketplace.
(*) Source: Budapest Business Journal, March 8 – March 21, 2024, page 19-22