Any reasonably sized company or startup will have some kind of Technology to automate and manage the systems and processes. Typically most of the companies start off with some ready to use solutions and later on end up having an internal IT department of their own. It could be only a few people to begin with. Slowly and steadily things like security, responsiveness, bandwidth etc keep getting adding up, increasing the staff as well as budget.
As per research*
- Average small company (less than $50 million in revenue) spends 6.9% of their revenue on IT
- Mid-sized (between $50 million – $2 billion) spend 4.1%
- Larger companies (over $2 billion) spend a relatively tiny 3.2%
Unfortunately in most of the organizations, Technology is not seen as adding to the Top line of the Bottomline. Moreover, when in tight economic situations, it becomes really hard for the staff in the IT department to show value.
CashOS has found out an innovative way of running the IT infrastructure. With the BRING YOUR OWN DEVICE model!!!
Nowadays seveal companies are following this model wherein employees bring their own devices to the work. (Of course the security aspect is taken care of). How can we achieve this model in an Industry such as Distribution or Retail? CashOS has shown it can be implemented in any industry even where majority of the people are in Blue collar. This is done through the workflow data capture, where every employee uses their own smart phones with the relevant applications installed, capture the data of the work they are doing.
Imagine, an employee walks in and punches his attendance through his mobile phone, starts entering the data as he does his work, then sends a message to his supervisor in case he has any questions. At the end of the day he scans his bills and submits his expenses and logs out before leaving home.
All on a smartphone.
CashOS has made this possible. Would you like to know more?
Reach out to us at info@CashOS.com
1) * https://blog.techvera.com/company-it-spend
Founder & CEO
Written on 16th October 2018