Success appetite in the new economy ! How Novoally On-Demand Business System helps to meet the challenges

1. Success appetite in the new economy
How Novoally On-Demand Business System helps to meet the challenges

2. Enact Don’t Inact – You need Action not the Inertia
Just !!! Wait and watch, Don’t do anything, Wait for the time, Let the things get settled…
In the extremely challenging environment of today, there is no place for such impetuous behavior in the business. But can
the “wait and watch approach be the real strategy to manage your business in such cut throat environment? Since when,
the inertness have lead to success? The pressure always existed in the business. Hence, the companies need to under-
stand the nature of the pressure they are facing and court them with action skillfully.
What exactly are these pressures? The fact is the maxima minima are unpredictable in today’s business environment.
The business, now need to manage two clashing pressures while competing for survival through a period of novel eco-
nomic transience. These include the increasing complexity mounting due to business network and increasing stakehold-
ers demand for accountability for sustainable business practices.
To be in the flow, the businesses must see, think and act with clarity. Only those with the visibility to act effectively and
decisively will survive current conditions to emerge in a stronger competitive position. This not only improves every aspect
of management but yields sustainability. This is the reason why business leaders are focusing on visibility and clarity, to
streamline strategy with execution and accountability to key stakeholders.

3. Action by Visibility
Dripping Clarity and Transparency into the business
Success is directly proportional to the ability to address
the challenges. Clarity in enterprise provide this ability
to meet the challenges by understanding the ongoing
activities in every aspect of the business. They are pre-
pared for risk and market uncertainties and operate
with speed and accuracy. Briefly the clear enterprises
are transparent and accountable, lean and nimble,
customer focused and collaborative.
But still how the business can be clear and transpar-
ent? How to align strategies and actions together? The
answer is by pouring the initiatives that increase cogni-
tion, competency and flexibility. The Novoally can help.
Cognition
A lack of cognition or insight can hinder the business performance and decision making process. Without accurate, timely and relevant
information you cannot evaluate risk, and develop correct business strategies. For better risk handling and decision making the organi-
zation should improve the cognition across business and business network. You can achieve success with Novoally On-Demand sys-
tem, which enables you to do the following:
• Allign operations with strategy by matching plans, budgets, and operational reporting across all processes
• Ensure that strategies fits for anticipated risks and changing conditions
• Allow teams to make collective decisions by unifying information across multiple sources
• Expose key performance indicators (KPI) for better decision making
• Enable identification of inefficiencies and waste in operations and the supply chain
• Evaluate profitability and sustainability performance against set targets
• Improve visibility, enable better decision making, and help ensure timely and accurate data

4. Competency
Non competent business process causes costs and wastages. This in turn reduces the sustainability and competitiveness. The time
when organizations need to preserve the capital and maintain the resources you can achieve success with Novoally On-Demand sys-
tem, which enables you to do the following:
• Measure performance to determine if operational outcomes align with strategic goals
• Reduce operational costs through support for integrated end-to-end business processes
• Analyze expenditure to identify opportunities to save money, protect cash and maintain optimal working capital
• Accelerate the financial close and automate compliance to reduce the cost of audits
• Drive sustainability and efficiency into the supply chain and internal operations
• Improve productivity by allowing performance of day-to-day activities with built in productivity tools
Flexibility
The business dynamics are unpredictable today. The lack of flexibility will hinder the customer value which decreases the long term
competitiveness of the business. The incorporation of the new ideas into the business is the best answer to the evolving environment of
the business. With Novoally On-Demand system
and services you can do the following:
• Adapt your business processes to facilitate rapid re-
sponses to changing business conditions
• Integrate processes across companies to speed cus-
tomer-focus organization
• Share information beyond your firewalls in a secure
context to your partners and stakeholders
• Extend business capabilities through service-oriented
architecture approach
• Use On-Demand rapid innovation philosphy required
to react quickly to evolving customer demands
• Leverage the collective knowledge and skills of a broad
community of industry experts in your business

5. Advantages the Visibility Brings
The Novoally helps you align strategy with execution so that you can want. The Novoally on-demand business solution helps you protect
meet economic challenges while building a foundation for continued market share by facilitating the free flow of ideas so that you can better
profitability and growth. This will help you follow through on the initia- communicate with and understand your customers.
tives that are critical for success in today’s economy.
Optimized Performance and Reduced HR Cost
Enhance the financial visibility, preserve cash better and increase prof- The globalization exerts pressure the organizations to find the ways to
itability reward the talents while reducing the cost of HR. Clarity in enterprise
Business in clarity has the ability to accurately assess liquidity and cash provides complete visibility into available human capital and has the
requirements, maximize savings opportunities, and operate with full ability to put the right person on the right job at the right time. With
confidence in the health of its balance sheet. By supporting better deci- standardized, automated global shared services for Hr – you’ll be able
sion making and helping ensure timely, accurate data, the Novoally to reduce costs and increase efficiency. The Novoally on-demand
on-demand business solutions helps you manage cash flow more ef- business solutions supports the transparency you need to effectively
fectively and preserve profitability. communicate strategic objectives so that employees can better align
their career goals with those of the organization.
Increased Transparency and Capability
Increased transparency enables you to access accurately the require- Anticipate Risk
ments. The real-time metrics and powerful analytics help you analyze To ensure long-term business viability, organizations seek better, more
spend data so that you can identify and maximize opportunities. The efficient ways to predict risks while minimizing the rising cost of com-
Novoally on-demand business solution makes it possible to incorpo- plying with a wide array of regulations around the world. The Novoally
rate compliance into critical business processes. on-demand business solutions help you to embed risk-monitoring
controls directly into business processes for financial and line-of-busi-
Achieve Better Operations ness operations enabling better risk management capabilities.
The intensity of competitions, customer expectations, stake holder
demands and multi location business units lengthen the pressure to
achieve excellence in operations. The clarity provides the complete
view of the business and its network. The Novoally plays a critical role
in achieving this excellence.
Reduced Operating Costs and Improved agility Sustainable business practices are becoming increasingly
The visibility across the business and hence have the ability to work important to companies for growth strategies.
with agility and respond more quickly to customer expectation. The
Novoally on-demand business solutions help to reduce the operational Sustainability initiatives focus on maintaining brand, market, and share-
cost and increase business agility. You can analyze the business and holder value. The strategies applied are:
determine optimal resource allocation and increase profitability.
• Transforming the business network to share risks
Improved Market Share by Increasing Customer Loyalty • Collaboratively deliver superior customer value
The advancement in the technology and introduction of internet given • Adopting sustainable business practices to improve profitability
more power to the customers and has a direct influence over the busi- • Reducing waste
ness model, product and delivery. As a result companies should find a • Differentiating and protecting company reputation
way to protect the market share. The clear enterprise understands the • Reducing costs of compliance
changing need of the market and delivers exactly what a customer

6. How Novoally Can Help
Innovative, Effective, Superior Solutions
When it comes to bring clarity into your business the Novoally is well
furnished to help you. From the wide experience of Novoally with large,
medium and small business we have developed insight into various The Business with Clarity Path
business with our solution and services to meet your short and long term
objectives. Novoally on-demand business solutions help you to close Novoally has always provided the dedicated solutions and sup-
the gap between your strategies and execution. Novoally provides you port to its customer and help them to improve and become the
complete, single integrated platform which supports industry specific end better run and managed business regardless of the economic
to end business processes. with the ability to keep you and your system environment. This is the reason why we at Novoally have formu-
updated at all the points, you can realize following benefits: lated the following steps that can guide you towards business
clarity:
• Cognitive towards your business conditions, risks and decisions
Select the Company that can support your business goals and
• Competent to reduce cost and maximize the efficient utilization of the strategies
resources As you have the plans to develop and enable success in the busi-
• Flexibility to nimble responses to the changing business demands ness, select the company which has the clear and simple an-
swers for your strategies and questions.
With the excellence in the development and delivery of the quality busi-
ness solutions Novoally provides you an edge to support your business Develop plans to increase the strategic values
initiatives. Better ROI, customer centric ecosystem and innovation in the Work in unison with Novoally to develop strategies and create a
business is the base of Novoally on-demand solution and services. No- roadmap to get there.
voally business solutions are built around the following philosophy:
Start small and Grow Big
• Value Management to Support Strategic Goals which allow proactive Use the solutions according to your requirements and invest ac-
value management practices. On the basis of such business prac- cordingly to fill the gaps. Grow your business solutions according
tice, the organizations can better align activities to achieve the desired to your requirements with time and follow the path of clarity.
outcomes and gain more than simply a return on their investment.
Add to your Business Network
• Service and Support to Manage Investment Cycles which allow you
Asses your business network together with Novoally and deter-
to choose projects and solutions that help reduce total cost of owner-
mine how you can build stronger service delivery network.
ship and time to value through streamlined implementations and best
practices that help ensure smooth operations
Align the Strategy and Execution Gap
• Customer focused ecosystem to support innovation which allows you Develop your performance indicators to measure your initiatives
to accelerate, speed ROI and achieve breakthrough results. You’ll be and success and reply your key stake holders.
able to engage the right people, line up resources, and access rel-
evant knowledge and expertise on a 24x7 basis.
“Novoally Customers Run Business Efficiently and with Clarity”

7. What to know more ?
For more information about how novoally can help your organization choose the best option for
your business future journey, please contact us at discuss@novoally.com.
For more novoally insights and thought papers visit us at www.novoally.com/resources.
Novoally Software : A new partner in your business
From small to midsize to large business who can best judge IT objectives and investment with
business goals and requirements are best positioned to achieve sustainable and profitable
growth in this new competitive world. By working with Novoally and our experience partners
in your local market, you can get the support your company needs with a solution specifically
designed for your business requirements and your budget.
Our fully integrated and configurable, on-demand business system can help you optimize your
business by enabling better collaboration, coordination, productivity, and efficiency across your
operations. It’s no wonder that we are adding more and more customers on daily basis in small
and midsize companies and helping them to get the best out of their business.
To find out how Novoally solution can help your company be part of new revolution, contact
your local Novoally representative or visit us at www.novoally.com.
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