Long before assembly lines revolutionized industries, specialization was the key to efficiency. Bakers bake, brewers brew, and builders build. But it’s rare to find a baker who enjoys scrubbing pans, a brewer eager to mine aluminum, or a builder who relishes chasing down lien waivers.
Continuously evaluating internal processes can reveal opportunities for specialization, leading to cost savings and overall process improvement. A baker crafts better bread when focused on baking, not washing pans. Similarly, an asset manager delivers better insights when analyzing data—not chasing down operating statements.
This is where technology-enabled services can make a difference. Just as solutions exist to onboard vendors or streamline invoicing, services can also manage the collection, validation, and routing of critical documents. By outsourcing non-core tasks, internal teams can concentrate on maximizing the value of real estate investments.
Every company is different—some may have in-house expertise for tasks that others prefer to outsource. The first step is an objective assessment of internal processes to determine which tasks are core and which are not.
Now is the perfect time to scrutinize internal workflows, uncover cost-saving opportunities, and enhance key functions. By focusing high-value labor on high-priority tasks, businesses can drive significant returns.
imkore Millennia Group and its imkore partners provide workflow, document management services and solutions, IT strategy, data fabric and ERP managed services.
Comments