Straight-through processing meets consumers’ need for speed

Posted by EOX Vantage on Jul 2, 2021 1:38:13 PM

Interviewed By Adam Burroughs | Smart Business Magazine | INSIGHTS Digital Transformation

While immediacy has long been high among consumer demands, the pandemic has created a heightened expectation of speed to market. This has opened the door to increased automation, with options such as straight- through processing helping to facilitate the immediacy and ease consumers’ want while providing the data and decreased labor outlay companies are seeking.

Smart Business spoke with Mike Fieseler, vice president of business development at EOX Vantage, about how automated tools, such as straight-through processing, are helping companies satisfy consumers’ need for speed of purchasing.

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Topics: Digital Transformation, Smart Business, EOX Vantage News

Signs That It's Time to Update Your Legacy Systems

Posted by EOX Vantage on May 4, 2021 1:45:00 PM

Interviewed by Adam Burroughs | Smart Business Magazine | INSIGHTS Digital Transformation

Legacy systems are relied upon to perform an organization's day-to-day work. But, in many cases, technology has improved drastically since companies first implemented those systems, leading to a point at which the tasks those systems perform could strain those systems beyond what they can handle. This opens the door to failure, user frustration and more.

"When your system no longer supports scalability, you lose the competitive advantage in the market," says Nishan Kumar, project manager at EOX Vantage.

Smart Business spoke with Kumar about how to recognize when it's time to address the problems caused by older legacy systems, and how upgrades can improve workflows.

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Topics: Digital Transformation, Smart Business

How Automation is Making a Difference Within Organizations

Posted by EOX Vantage on Mar 16, 2021 2:45:00 PM

Automation looks to solve problems that arise through manual reporting, an often tedious process that's prone to errors. It also enables organizations to supply the same information to multiple parties or segment it based on their relationship to the data.

"The big thing for organizations now is trying to get clean and consistent information," says Varun Badarinath, senior product engineer at EOX Vantage. "Manual processes tend to create errors that affect data integrity, a foundational component of decision-making. Automation works to get things standardized so data is timely and consistent."

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Topics: Digital Transformation, Smart Business

How Data Collection Automation can Lead to Better Decision Making

Posted by Mike Fieseler on Jan 22, 2021 1:15:00 PM

Interviewed by Adam Burroughs | Smart Business Magazine | INSIGHTS Digital Transformation

The typical data collection process within companies is often fraught with challenges. Just the magnitude of it can create issues when it comes to formatting, reading and interpreting data. And data can also quickly become dated either because of issues with the consistency of collection or where visibility relies on manual entry.

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"Companies often make real-time decisions based upon reports comprised of old, "stale" data," says Mike Fieseler, vice president of business development at EOX Vantage. "That's akin to managing in the rearview mirror."

Fortunately, there are now a variety of ways to automate gathering and consolidating that data. 

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Topics: Digital Transformation, Smart Business

On the Same Page: How APIs Improve Connectivity, Visibility in Data

Posted by EOX Vantage on Nov 12, 2020 10:45:00 AM

Interviewed by Adam Burroughs | Smart Business Magazine | INSIGHTS Digital Transformation

Businesses should use data they collect to validate decisions, measure performance and find areas of improvement. To do that, data should be visible, consistently formatted and shareable. But it's typically not.

"Business data often needs to be formed into a better, more consumable shape," says Mehul Kenia, a product architect at EOX Vantage. "That's usually because it's stored in discrete systems, even when companies take a cloud-based approach to storage. That makes data hard to link for a clear, holistic picture."

Enter Application Programming Interfaces (APIs). This data management solution can add value to data, offer real-time data and generally make things more efficient.
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Topics: Digital Transformation, Smart Business

How to Introduce Workflow Automation in Your Business

Posted by EOX Vantage on Sep 10, 2020 11:00:00 AM

Automation 101

Interviewed by Adam Burroughs | Smart Business Magazine | INSIGHTS Digital Transformation

Workflow automation, a key element of the solution strategies known as "digital transformation," enables companies to automate various business processes. This can have a big impact not just on efficiency and accuracy, but on motivation and morale as well.

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Topics: Digital Transformation, Smart Business

How to Stay Productive and Efficient When Working Remotely

Posted by EOX Vantage on Jun 2, 2020 11:00:00 AM

Interviewed by Adam Burroughs | Smart Business Magazine

Many companies understand the importance, or at least the utility, of cloud platforms and have migrated a great deal of their systems and applications there. Some have digitized processes as a way to save time and money and help move staff to more productive tasks. In these cases, employees are comfortable working and accessing information on the cloud.

"That's really helped them minimize the loss of productivity or efficiency that companies with only on-premise systems likely experienced when, suddenly, their workforce was compelled to work remote," says Sudhir Achar, CEO of EOX Vantage.

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Topics: Enterprise Operating System, Smart Business

How to Get Your Business Data Under Control and Create More Value

Posted by EOX Vantage on Mar 24, 2020 11:15:00 AM

Interviewed by Jayne Gest

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Organizations don't always have complete control over their data. Perhaps, a third party hosts it, the data isn't in the right format for those who need it, or employees are spending time manually inputting data or moving it from one system to another. 

However, data that isn't controllable, accessible or shareable is pretty much worthless. It can't be used to improve business decisions.

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Topics: Tech Tuesday, Enterprise Operating System, Digital Transformation, Smart Business

How to Make Your Digital Transformation a Success

Posted by EOX Vantage on Feb 18, 2020 3:39:35 PM

Interviewed by Jayne Gest

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Topics: Tech Tuesday, Digital Transformation, Smart Business

How Technology Helps You Ride Out Regulatory and Business Changes

Posted by EOX Vantage on Feb 4, 2020 11:15:00 AM

Interviewed by Jayne Gest

Staying legally compliant is an ongoing challenge for business owners, especially when disruptive regulations like California's Assembly Bill 5, or gig worker bill, pass swiftly with little time for feedback. 

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Topics: Tech Tuesday, Digital Transformation, Smart Business