Every business whether any scale, are confronted with the challenge of cost control parallel operation with the mission to ensure efficient operation. However, not every enterprise is successful. This article Lac Viet Computing will provide the solution cost optimization in business aim to achieve the highest performance.
1. Optimization what is the cost?
Cost optimization in business is the process by which businesses use budget resources most efficiently, with the goal of reducing costs and achieve maximum value. The implementation of the optimal cost is the goal of most businesses today, aimed at achieving high performance through careful deliberation between expenses and profit on.
Depending on the particular business will have different types of expenses in different businesses, however, have the kind of basic costs in business such as:
- Fixed cost: includes all costs such as rent, cost of salaries of employees, fixed costs, insurance and other costs do not change with production volume.
- Variable costs: these are costs that vary directly according to the level of production or services, including raw materials, cost of labor, temporary, shipping costs, energy.
- Cost of sales and marketing: includes advertising costs, sales charges, the expenses related to the development of the market.
- Management costs: The costs related to the operation management business, such as administrative costs, office costs.
Determining the types of costs which need optimization depends on several factors such as industry and business, scale the business and strategic goals. However, usually the business priority optimization, the cost has a major impact on profit as the cost of raw materials, labor costs and operating costs.
2. Solution optimize costs in business
2.1 document digitization reduce the cost of printing stored
Document digitization is one of the popular solutions to optimize costs in the business, reducing the cost of printing and storage. The conversion of paper documents to digital format helps save the cost of paper, ink, storage space, cost of document management.
Moreover, digitization also helps businesses easily access, share information, reduce the errors caused by humans in the process of work. This is an important step to help businesses modernize workflow, enhance competitiveness in the market.
With support features archive material science, digitization information software, LV-DX Document is one of those apps help businesses optimize cost management documentation. LV-DX Document allows the members of the organization store, share, shared document repositories with the ability to decentralize closely, ensuring high security.
2.2 automation of jobs duplicate
The automation of jobs, duplicate solutions are indispensable in the process of cost optimization. Applied automation technologies help reduce workload, from which reduce errors, save time.
For example, in the process of accounting, the automation software can handle the financial report and bills quickly, optimize the operation repeated as often as data entry, invoice,... Use the software to digitize processes with LV-DX Dynamic Workflow, allows businesses to remove 80% of the action, work is repetitive, contribute to improving performance in the process of operation.
2.3 Standardized processes operate smoothly handling the business
Establishing a process that will help operate throughout, optimize costs in the enterprise, minimize the risks due to lack of consistency. A consensus process, including the detailed step from receiving the request, processing, inspection, to the feedback results. Thanks to that, every employee knows exactly what they need to do, reducing the time and resources wasted.
In many business processes, approves the document, the contract crafts do take more time due to go through many parts. Currently, with the support of the software approved electronic, this process is significantly shortened.
Besides, monitoring and evaluation of performance is integral solution, an important step to help businesses detect problems early. The management tools, performance modern allows businesses to track every aspect of the process with an intuitive, multi-dimensional, from the work efficiency of the employees to the level of performance.
Solution LV-DX Dynamic Workflow is the foundation to solve the problem of the standardization process operating on the foundation of helping businesses operate across the optimal cost. Perform conversion of simple – compact – efficient.
LV-DX Dynamic Workflow do to simplify the conversion process of?
Provides system management – standardized process of comprehensive
- Free build standardized processes for each business, based on the requirements given and the structure departments, by operation of business when BUYING a software package process of Vietnam.
- The system allows the storage of the entire workflow on a single platform, data is synchronized, unified, easy synthesis and analysis.
- Provide inventory process standard reference model for construction business.
Provides system management – standardized process of comprehensive
Every activity, work performance managed, tracked live realtime (real time) on the process
- LV-DX Dynamic Workflow integrated management software, job LV-DX Task to help work directly on the process.
- Automatic transfer of tasks to employees, the next division at the end of the 1 stage in the process.
- Track progress of implementation of the process, the work performance of each employee in real time.
- Warning system work smart, auto send notification to employees involved when a process is established, the transfer task alerts, overdue done, ...
Every activity, work performance managed, tracked live realtime (real time) on the process
Application AI to help optimize performance operating procedures business
- Integrated LV-DX eSign help job approval, signing a number of fast everything, everywhere on the process of. Leadership does not need to come to the company to make up for document browsing, now all operations can be performed remotely at all times with LV-DX Dynamic Workflow.
- Integrated chatbot WHO Lost Vietnam to help the leader out of control, the accurate data on the file browser to help the number quickly, avoid reporting anything complicated, optimal time is work, leaders have more time to build your business strategy, long-term performance improvements for the organization.
Application AI to help optimize performance operating procedures business 
Contact get Demo software operation for free or contact now for detailed advice
2.4 Apply the new method of work to the optimal cost
Remote work has become an inevitable trend in the post-COVID-19. This model has help optimize costs in the business, saving the cost of leasing office space, resources, creating conditions for employees to work more flexible. Besides, working remotely also minimize the costs related to moving, help employees have more time for family and personal activities, thus strengthening the satisfaction associated with the company.
Hybrid working is pattern matching between working at the office, working remotely. With this model, business attract and retain talent genZ – those who love the weight and flexible.
3. Proceed to the conversion of comprehensive optimal cost and sustainable development
Transformation of not only the trend but also the goals required for the business in the era of 4.0. The rapid development of technology has created pressure for businesses to adapt and convert the number if you want to survive.
The conversion of numbers to help businesses enhance competitiveness, improve results, operate, create new business opportunities. At the same time, convert numbers also help businesses optimize costs through the automation of processes, document digitization, apply the new technology.
Lac Viet is one of the solution providers transform of the current top, with products and services help businesses optimize costs and enhance operational efficiency.
Lac Viet provide the solution converter of comprehensive, including:
- Management software: The solution, LV-DX with the features of enterprise management, financial, personnel, and customers.
- Infrastructure, platform: Provide infrastructure services, virtualization, network security, and monitoring.
- Technology services: maintenance, maintenance, equipment rental, and hosts, along the IT services onsite.
- IT equipment: Supply of equipment such as servers, storage devices, and software copyright.
- The ecology of Lac Viet is designed to be easy to use, optimum cost and rapid deployment according to your business needs.
Cost optimization in business is the key to organizational sustainability in the business environment fluctuations. By applying the solutions to digitize, automate the business to reduce waste, improve operational efficiency, create a solid foundation for the long-term growth.
