Digitisation business intelligence is essential for analyzing data and facilitating informed decision-making for businesses. The document emphasizes the importance of transitioning to digital systems to automate finance tasks, enhance cash flow, and ultimately save time and money. It highlights Scotland's low R&D expenditure relative to other countries and encourages business owners to leverage digitisation for greater efficiency and value generation.

2. DIGITISATION

3. Business intelligence (BI) is a technology-driven
process for analysing data and presenting actionable
information which helps executives, managers and other
corporate end users make informed business decisions.
ammu - Data Analytics & Blockchain Accreditations

4. As you will see, from the graph below, Scotland’s overall expenditure on R&D
as a percentage of GDP is low relative to comparator countries. This
indicates Scottish firms are still not maximising their potential from R&D.
Source: OECD:Scottish Government: towards a robust,
resilient wellbeing economy for Scotland

5. What Do We Mean By “Digitisation”?
- Digitisation is the process of converting information from a
physical format to a computer format
- Using software as a digital filing cabinet
- For example, taking physical hard copies of purchase
invoices and storing them in a digital location

6. Why Digitise My Business?
- 92% of the finance function can be automated saving you
valuable time and money
- Covid-19 has thrown up accessibility issues and work pile
ups because staff can’t access systems from home
- Gain confidence from the information which aids with
decision making
- Improve your cashflow through automated payment
collections

7. - The truthful answer is VERY
- Transition to a cloud based system like Xero takes a matter
of hours
- Routine, every day finance tasks can be then automated
saving days worth of time
- Simple training programme – 2 or 3 30 minute sessions only
How Easy Is It To Digitise?

8. - Sales invoices automatically raised and sent to customers
- Payments are automatically collected from customer through
GoCardless, Stripe or Paypal
What Tasks Can I Digitise?

9. - Purchase invoices are fetched, optically read and sent to your cloud
software
- Bank statements automatically imported
- Bank transactions, invoices and receipts intuitively matched
What else can I digitise?

10. What Next? Go Beyond!
- This simple automation of routine tasks is just the beginning!
- Go beyond with EPOS systems, stock systems, project
management systems
- Integration is key to reducing time & costs

12. Digitisation Opens Doors…
- Digitisation creates a ball of timely and accurate information
waiting to be used
- Time saved opens doors to analyse and understand the
information
- Understanding what’s going on helps to drive the business
forward

13. Key Takeaways…
- Digitisation of your business saves you time and money
- Transition to digital systems so simple and quick – automation
starts within hours!
- 92% of bookkeeping can be digitised including data collection
& processing
- As UK/Scottish business owners – awareness of the need to
invest in Business Information
- Go beyond the basics and create real value, make informed
decisions and drive your business forward!

14. Digitise Today…
Questions

15. Thank you!