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Eliminate the need for Paperwork

CashOS: Eliminate the need for Paperwork

One of the challenges Businesses face is the documentation and paperwork. Though on the face of it, having a piece of paper looks simple and easy, it creates huge challenges.

Maintain a record of the papers
Retrieving the relevant records when required
Safekeeping the records from dust, termites etc

Though technology has played a key role in addressing this issue, some pockets of the industries still follow the earlier processes. For example in the Distribution industry. It is very common to see the delivery executives taking the invoice papers along with them for delivery. Similarly, the field salespeople write down their orders on order forms, which are later inputted into computer systems. Apart from the paperwork, this also adds to cost of manpower who have to just key in data from the documents. And when the human angle comes in, errors are prone to happen, no matter how carefully the work is carried out.

An alternative to this is to automate all the processes. Imagine all your employees carry their own smartphones, track their work on their phones in the apps designated for them, the data gets consolidated.

A simple example could be said spare parts issue. Say the floor employee raises a requisition on his smartphone, the supervisor gets a notification on his smartphone to approve and once approved, the spares in charge gets a notification to issue. Once issued, he can enter the details of to whom issued etc. The complete cycle is done paperless. There is no hassle of maintaining records. Everything is tracked. A permanent log of which can be stored safely in the cloud.

Would you like your business to become paperless? Try CashOS
reach us to learn more how we can help you. info@CashOS.com

Bharath
Founder & CEO
bharath@cashos.com
Written on 29th November 2018

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What gets measured gets done

CashOS: What gets measured gets done

There is an old saying ‘what gets measured gets done’. Now what does this mean in a business context? Most of the businesses have developed elaborate goal setting processes and every year most of the key executives spend considerable amount of time and energy to develop the goals and plans for the subsequent year.

Once the goals are fixed, it trickles down to the Departments, and the people in the departments and so on. Now imagine for a minute goals are set but no one bothers to measure the progress. What would happen? Very soon the people would lose focus and goals would go for a toss..till the next year comes…

The same applies in other areas of life too..for example if you want to lose weight and say you have set a reasonable goal of losing 2 kilos per month. Setting goal is one thing. Getting into action is another thing. Most of the goals are missed not because of lack of intention but more because of lack of focus on the daily activities.

Many organizations leverage technologies to keep track of the goals. However Technology may not always available to everyone in the organization. For example a Shop floor person or a field sales person or a delivery execitive may not have access to a laptop or computer.

Now is it reasonable to expect the supervisors and managers to continuously followup on these individual goals? It is a very tiresome, friction filled process.

Now imagine each of the employees have a mechanism to measure themselves against their goals on a daily basis? And all the employees performance gets consolidated and shows up in the supervisor’s dashboard? May be he can even display the key achievers statistics on a public notice board.

What would happen in this case? Naturally everyone would be motivated to achieve their goals, while they also keep track on their daily activities, which all rolls up into the Department and organizations goals.

Would you like to learn how you can make this happen in your business at less than the cost of a cup of coffee? Try CashOS

Please reach out to us at info@CashOS.com for more details.

Bharath
Founder & CEO
bharath@cashos.com
Written on 29th November 2019

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Why CashOS

CashOS: Why CashOS?

Many people ask me why this unique name “CASH OPTIMIZATION SOFTWARE”…

We were looking for a nice sounding name..we tried several variants and landed on this one!!!

Not really …

Let me cover this in two parts.

Part 1: Why Optimize?
When we looked up for the definition of the word ‘optimize’ the following came up on internet. Wikipedia says “make the best or most effective use of (a situation or resource)”.

Part 2: Why CASH?

Once we had arrived at this conclusion, then we looked at what our technology could do for a business. Does it look at Resources? Does it focus on one particular area, say HR or Supply chain?

We all know that CASH is like OXYGEN for a business..probably THE most important resource. Of course there are other resources such as leadership, technology, employees etc but none of these would probably exist without CASH.

Our technology specifically looks at the visible and invisible cash components of a business. (Probably with so much focus, it may make many people uncomfortable!!!)

That’s how we arrived at Cash Optimization Software or CashOS.

Reach out to us at info@CashOS.com

Bharath
Founder & CEO
bharath@cashos.com
Written on 29th November 2018

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Are people Assets or Liabilities?

Are people Assets or Liabilities?

Recently I was discussing with a fellow entrepreneur and this topic came up. How do we consider our employees as? Are they assets or liabilities?

The more I thought about it, the more I felt that people are assets. In fact, they are the strongest assets of any company. A company can be built or destroyed by its people. There have been numerous examples both ways. We have seen multibillion-dollar companies being written off due to stupid decisions are taken by the executives. By the way, these decisions were not considered stupid in hindsight. Even at the time of the event itself, these acts were not in line with the ethics. A good example would be Enron.

Similarly, there are so many companies built by its people which have started from nowhere and today are global giants.

Now let’s look at the more operational stuff. Where people don’t take such path-breaking decisions. Who are involved in the mundane day to day work? The support staff, the people on the shop floor, the delivery executives, sales people etc.

A company cannot be run by its CEO’s. The nuts and bolts of the business which actually make a company run are people at the ground level. The people who execute the decisions taken by the top management. The decision is as good as the way it is executed. Which means everyone is equally important. Which also means that every individual is an asset for a business.

Now how do you measure, incentivize, reward or take care of these people who ‘execute’ the work?

CashOS may help you to set up such a system where you can convert all your working staff into assets reach us at info@CashOS.com

Bharath
Founder & CEO
bharath@cashos.com
Written on 22nd November 2018