Interview with: Bill Wood, ChiefExecutive Officer, Visionship, Inc.“Visionship offers leading edge TMS andMobility Applica...
About Visionship, Inc.Visionship – is a Product Supply Chain focused company that continually strives to design, develop, ...
Upcoming SlideShare
Loading in …5
×

Why Going Paper Free Makes Sense from a Financial Perspective: Interview with: Bill Wood, Chief Executive Officer, Visionship, Inc.

202 views

Published on

Why Going Paper Free Makes Sense from a Financial Perspective: Interview with: Bill Wood, Chief Executive Officer, Visionship, Inc., a solution provider at the upcoming marcus evans Chief Procurement Officer Summit 2013, on how companies could save money if they made their supply chains paper free.

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
202
On SlideShare
0
From Embeds
0
Number of Embeds
4
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Why Going Paper Free Makes Sense from a Financial Perspective: Interview with: Bill Wood, Chief Executive Officer, Visionship, Inc.

  1. 1. Interview with: Bill Wood, ChiefExecutive Officer, Visionship, Inc.“Visionship offers leading edge TMS andMobility Applications to manufacturingand distribution companies; which,allow any company to have a paper freesupply chain,” said Bill Wood, ChiefExecutive Officer, Visionship, Inc. Formost shipments today there are manyand required documents. Each of thesedocuments must be created, printed,signed (multiple times and copies) anddated before being filed.These manual processes createmeasurable inefficiencies and significant“unrecognized” costs for companies.Chief Procurement Officers (CPOs) maywant to consider the cost savingopportunities of compressing theseb u r d e n s o m e p r o c e s s e s u s i n gVisionship‟s electronic signature captureand document storage applications,Wood proposed.Ahead of the marcus evans ChiefProcurement Officer Summit 2013in Atlanta, Georgia, April 22-23, whereVisionship, Inc. is a solution provider,Wood points out different areas whichcould be automated in a supply chain.Why should CPOs consider a paperfree supply chain?Many companies are forced to maintainlarge filing cabinet rooms andwarehouses filled with requiredhistorical transportation documents.Documents such as: Bills of lading;Proof of Deliveries, Packing Lists;Commercial Invoices; etc… All of whichwere used to Purchase, Manufacture,and Deliver products to market.Companies can easily overlook theinefficiencies and costs of preparing,executing, and storing a singledocument. Obviously there are “harddollar” costs such as paper, printer,copier, facsimile, ink, pens, folders,filing cabinets, storage space, and soon. In addition to those fixed coststhere are also the manual processes(“soft dollar”) involved. For example anEE has to manually enter the discretedata to the document, the documentmust be printed and retrieved, oftenmultiple copies of the document arerequired, multiple sets of signaturesmay be needed, scan - fax – and file thedocument, manual errors are made tothe document, time wasted looking forthe lost document(s), and many moresoft costs exist… Visionship offers abetter way.How could Visionship helpcompanies go paper free?W ith Visionship‟ s Simple AppTechnology (SAT), companies can nowhave mobile, executable, customdocuments – accessible by anypermissioned EE, or user – and whereever the user is. The real timecompression of manual processesenables any company to make timelyand accurate data driven decisions.Visionship has applications that can beloaded on a desktop or mobile device,that allow companies to take theirtemplates and proprietary documentsmobile. Companies can load documentsfrom their PC and then access auto-filled documents from a mobile devicesuch as an iPad. Signatures andannotations are captured to completethe document on a mobile device beforeconverting to PDF and saving withsignatures and time/date stamps. Thisprocess alone saves labor time, greatlyreduces the cost of paper, filingcabinets, filing folders, fax fees, scanfees, storage space, and lostdocuments.What do CPOs overlook that youconsider critical for success?Evolution can be difficult for both peopleand companies. When a company hashad a number of successful years doingwhat they do, change can be difficult. Itis human nature to continue on in thesame manner, and expecting the sameresult. However, with the velocity ofchange in today‟s marketplaces, manysuccessful CPOs are enabling theircompany to get out of its comfort zone,and embrace change in order tomaintain or grow their market-share.For example, automating seeminglysimple and historical manual paperdriven processes will increase EEproduction and output, while improveEE morale, and deliver residual FTEsavings to the company.Companiescan easilyoverlook theinefficienciesand costs ofpreparing,executing,and storinga singledocumentWhy Going Paper Free Makes Sensefrom a Financial Perspective
  2. 2. About Visionship, Inc.Visionship – is a Product Supply Chain focused company that continually strives to design, develop, and deploy leading edge„Efficiency Applications‟. Today Visionship applications are marketed cost effectively as true SaaS products. Visionship applicationscan actively manage a company‟s open PO‟s; create real-time paper free environments; intuitively manage all company productshipment deliveries; and, more... Visionship is creating sustainable, measurable, and cost saving efficiencies with every engagedcompany.www.myvisionship.comAbout marcus evans Summitsmarcus evans Summits are high level business forums for the world‟s leading decision-makers to meet, learn and discussstrategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity toindividually tailor their schedules of keynote presentations, think tanks, seminars and one-on-one business meetings.For more information, please visit: www.marcusevans.comTo view the web version of this interview, please click here: www.cpo-summit.com/BillWoodThe Finance Network - marcusevans Summits group deliverspeer-to-peer information onstrategic matters, professionalt r e n d s a n d b r e a k t h r o u g hinnovations.Please note that the Summit is aclosed business event and thenumber of participants strictlylimited.About the Chief Procurement Officer Summit 2013This unique forum will take place at The Ritz Carlton, Buckhead, Atlanta, Georgia,April 22-23, 2013. Offering much more than any conference, exhibition or tradeshow, this exclusive meeting will bring together esteemed industry thought leadersand solution providers to a highly focused and interactive networking event. TheSummit includes presentations on streamlining the purchasing function, supplierperformance management, procurement technology and talent retention.www.cpo-summit.comContactSarin Kouyoumdjian-Gurunlian, Press Manager, marcus evans, SummitsDivisionTel: + 357 22 849 313Email: press@marcusevanscy.comFor more information please send an email to info@marcusevanscy.comAll rights reserved. The above content may be republished or reproduced. Kindlyinform us by sending an email to press@marcusevanscy.com

×