Creativity is the essence of innovation, so it’s no surprise that newly established operations often implement inefficient processes until their strategic vision meshes with operational and market realities to arrive at a stabilised business model. Along the way, however, they are likely to develop ad-hoc and jury-rigged procedures involving costly manual processing that eventually must be re-engineered for the enterprise to achieve optimal output for full success.
To avoid the cost of revising or replacing legacy processing, one VIPR client, a newly formed US fronting company determined to be a standard-setter in its business, was equally determined to implement the right technology, systems, and processes at the outset to maintain optimum results for the long term.
At its launch, this company was operating with manually developed internal dashboards, and it’s time-to-market with new products and programs was 2-3 weeks. Today, with support from VIPR, it can have products in the market in as little as 2-3 hours. Also, VIPR’s unique combination of an off-the-shelf system with customizable fields eliminates steps and reduces the time needed to migrate programs from one platform to another.
As part of the implementation, VIPR specialists helped this client establish effective data control and governance, ensuring that actions are taken by authorised persons acting within internal protocols and external contractual terms.
“At its launch, this company was operating with manually developed internal dashboards, and it’s time-to-market with new products and programs was 2-3 weeks. Today, with support from VIPR, it can have products in the market in as little as 2-3 hours.”