Redefining the IT Specialist role The fusion of technology and strategy

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Technology is evolving at an unprecedented pace, and the future of IT specialists looks very different from just a few years ago. The classic paradigm, where programmers’ work was predominantly centered on coding, is shifting to a more complex model where understanding business processes is just as important as technical skills. 

 

A paradigm shift: IT and business processes go hand in hand 

 

In a recent discussion, Bogdan Florea, Co-CEO and founder of Connections Consult, spoke about the direction the IT industry is heading and how specialists need to adapt their skillsets. In his view, the future of IT professionals lies not only in their technical knowledge but also in a deep understanding of clients’ business needs and processes: 

 

This shift requires a transformation of the traditional IT specialist role into that of a consultant who can communicate effectively and align technological solutions with the strategic objectives of organizations.

 

An opportunity for specialization: business intelligence and global infrastructure

With rapid advances in artificial intelligence and automation, more and more foundational technological processes can be accomplished with minimal human intervention. In this context, specialists who focus exclusively on a narrow set of technical skills risk becoming irrelevant. To thrive, they must broaden their expertise, including gaining a solid understanding of operational and strategic processes within organizations.

 

“IT specialists should either choose to explore business concepts and operational processes or specialize in infrastructure, but in an integrated manner, understanding how all components work together,” adds Bogdan Florea.

 

The development of AI, the most complex large-scale challenge

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Author: George Radu, The Multitasker

In the swiftly evolving landscape of technology, where innovations emerge at a brisk pace, the term “artificial intelligence” (AI) has become increasingly prevalent in our daily conversations. This phenomenon leaves many individuals curious and intrigued about the specifics of AI and its functioning. The aim of this article is to shed light on some of the complexities surrounding this subject by categorizing different types of AI into three general categories and illustrating, where applicable, their practical utility in our day-to-day lives. 

Well, but what exactly is AI?  

Artificial intelligence has been defined in numerous ways, some interpretations being so ambiguous that even for an IT professional, it could be difficult to provide a clear explanation. However, in its essence, artificial intelligence refers to the development of machines that can perform tasks traditionally associated with human intelligence. Whether it’s virtual assistants responding to our voice commands or recommendation systems predicting our next favorite movie, AI has become an integral part of our lives in recent years. 

The popularity of Artificial Intelligence (AI) among people has seen a significant increase when, last year, OpenAI introduced its free chatbot. This innovative technology has captured widespread attention, demonstrating an impressive ability to comprehensively respond to almost all questions, creating the illusion of genuine understanding. The OpenAI chatbot not only showcased advancements in the field of artificial intelligence but also marked a significant moment where technology that was once intended for a limited number of people became accessible to a broader audience. The chatbot’s ability to interact and especially to understand the subtleties of users’ questions has contributed to a widespread recognition of the potential of artificial intelligence (AI). 

For a more detailed analysis of the economic potential of artificial intelligence, you can consult the article “What’s the future of Generative AI? An early view in 15 charts”. 

Depending on their ability to mimic human intelligence, we can classify AI into the following categories: 

  1. Narrow AI (or the Specialist): Also known as Limited AI, this form of AI excels at specific tasks without possessing general intelligence. These types of AIs have been widely used for a long time. Some examples include Siri and Alexa on phones, certain chatbots on websites, or even image recognition systems that easily identify objects in photographs. Adapted for specialized functions, Narrow AI proves to be a valuable tool in various applications, simplifying processes and enhancing user experiences.
  2. AGI (or Artificial General Intelligence): Representing a more sophisticated form of artificial intelligence, AGI demonstrates the ability to understand, learn, and apply knowledge in various domains. We can liken this race to develop AGI – currently underway between various IT companies and even some governments – to the space race of the ’50s and ’60s. At this moment, AGI represents a formidable challenge where machines (computers) are required to achieve a level of adaptability similar to that of human intelligence. While remarkable progress has been made, achieving AGI remains an objective for the future development of artificial intelligence, promising advances that could revolutionize a new category of applications incorporating artificial intelligence. When this stage is reached, our way of life will undergo an irreversible transformation. Some experts suggest that this moment is imminent, but rumors (without any evidence) speculate that OpenAI has already achieved this feat.
  3. Super Artificial Intelligence (ASI) (or the Living Machine): ASI raises the concept of artificial intelligence to a higher level by surpassing human intelligence in all dimensions. The potential ramifications of ASI, both beneficial and concerning, have sparked extensive discussions among experts. Prominent figures in the AI community, such as Elon Musk, Stephen Hawking, and many others, have expressed concern about the risks associated with unrestrained ASI development. Exploring ASI raises profound questions about the ethical and practical implications of developing intelligence that exceeds human capacities. 

As artificial intelligence (AI) continues to advance, important questions about ethics and challenges arise. People discuss potential biases embedded in artificial intelligence algorithms and worry about job loss due to automation. Finding a balance between encouraging innovation and ethical responsibility is essential. It’s like walking a tightrope, ensuring that as AI systems improve, they help all of us without leaving anyone behind. Navigating these issues is akin to exploring a constantly changing landscape, so constant attention is needed to ensure that AI development aligns with our values and does more good than harm. 

In conclusion, there is much to be discussed and explored about artificial intelligence, but I wanted this article to be brief and direct, providing an overview of the evolution of this new and captivating technology. From its classification into Narrow AI, Artificial General Intelligence, and beyond, to exploring its applications in real-world industries, AI actively shapes our present and future. 

According to information presented in a recent article on ExplodingTopics, interest and demand for AI-based solutions are experiencing significant growth. In this context, whether you are passionate about technology or simply curious about what the future holds, understanding the basics of AI is a necessary step to grasp the transformative potential of this revolutionary technology. 

*George RADU is a technology enthusiast and Business Development Manager @ Connections Consult. 

Meet our Connectors. George Radu, The MultiTasker. 

Connections Group increases its net profit by 273% in the first half of 2023 and passes 40 million lei turnover

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Connections Consult (CC), a digital transformation company listed on the BVB-market AeRo, increased its net profit by 273% in the first half of this year, reaching 3.6 million lei, (37% above budgeted figures), while turnover increased by 62% compared to the same period in 2022, reaching 40.9 million lei. The results include the activity of all companies in which Connections has control, and the largest contribution to growth was made by Software Development services in the first half of this year. 

In 2023, the company’s activity was largely focused on winning new customers and high-profile contracts, i.e. strengthening corporate governance and carrying out the 1:10 bonus share capital increase, completed in August. The company’s development strategy focused both on short-term results and on consolidating its position as a market leader in complex digitalization projects in the medium and long term.

 “Connections achieved a number of notable improvements in the first half. We have strengthened our competencies in bidding and delivering complex projects for public institutions; we are continuously developing our corporate governance towards budget discipline and predictability; we are emphasizing assessment processes and career plans for our internal team, and our portfolio is diversified (public-private; software-infrastructure-business process management-technology integration). We have solid foundations and a business construction able to cope with potential imbalances and contractions due to external factors, so that we can bring further benefits to our shareholders and employees, and all these successes are reflected in the figures obtained”, says Bogdan Florea, Connections co-CEO.

During the reporting period, the company’s gross profit showed a significant favorable variance (46%) compared to the estimate, both due to higher-than-expected revenues (unbudgeted projects) and cost savings. Compared to the same period in 2022, however, the evolution was remarkable, up 216%, on the back of growth in activity overall and in the Software sector in particular.

“2022 was a key year in which Connections continued the major commitments made at the end of 2021 in the Software Development service line and won a number of significant projects in this area, the benefits of which partially materialized at the end of 2022 and continued to be realized in the first 6 months of 2023. Commitments involved careful preparation of capacity to deliver new projects by engaging highly skilled resources. As a result, the gross margin of the whole group improved in H1 2023 both compared to the same period last year and compared to what we had originally estimated for the current year. Attracting highly qualified staff is an ongoing concern and is already making a difference”, says Radu Marcu, Connections co-CEO.

Semester 2 perspectives

The company expects the second half of 2023 to continue to deliver earnings growth, at least in line with the management team’s original budgeted estimates.

Connections has recently signed 2 new contracts with significant financial relevance. The first, signed in August 2023, is worth 26 million lei, with an expected gross margin of 8%, and is with a public institution in Romania. The contract provides for the design and implementation of a hardware and software infrastructure for the management system of the Romanian justice system.

The second recent contract, dated September 2023, amounts to 56.48 million lei, with an expected gross margin of 4%, and the beneficiary is a public institution/government agency in Romania. The contract involves the delivery and implementation of a cyber security infrastructure – hardware and software elements.

The Connections Group expects the second half of this year to continue the upward curve in terms of results and the focus of the operational team is to ensure a high standard of delivery.

More information about the results of the first half of the year can be found here.

Connections Consult, revenues up 24% in 2021

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connection consult revenue increase RPA service line

Bucharest, 2nd May 2022 – Connections Consult (CC), a group of digital transformation companies listed on the main market of the Bucharest Stock Exchange, reported consolidated revenues of 45.32 million lei in 2021 and a gross profit of 3.46 million lei, an increase by 25% compared to 2020.

During the reporting period, the Connections Group recorded a 24% increase in revenue compared to the previous year, amid new projects under the software and RPA service lines, as well as the increase in the volume of software consulting and outsourcing services offered together with Outsourcing Support Services SRL and Brusch Services SRL. Gross profit increased by 25% compared to 2020, and, at the same time, there was a change in the composition of the main contributors to the group’s revenue structure. Thus, the line of services that represents software development reached a share of contribution in revenues of 22%, and hyper-automation services (RPA) represented, in 2021, 6 per cent of total revenues.

At the same time, Connections Consult exceeded the financial estimation for 2021, mentioned in the memorandum of private placement and in the September 2021 technical listing memorandum, in terms of revenues (21% increase compared to the estimated figures) and gross profit (9 per cent increase compared to the estimated figures).

As a result, the Connections Group maintained its commitment to its investors and continued to invest resources in developing potential service lines to maximize the value of the group’s net assets. At the time of publication of the 2021 Annual Financial Report, Connections already reached another important goal in the strategy presented to investors at the time of the private placement: the creation of the US subsidiary, Connections Consult LLC. Considering the division of shares (10:1 ratio) and the budget of revenues and expenses above the initial estimates from July 2021 (at the date of the private placement), the Group is optimistic about the year 2022.
In a highly volatile international and local market context, with many uncertainties and difficulties to manage: the war in Ukraine, inflation, the potential food crisis, the energy crisis and the supply chain crisis, therefore, in a complex landscape, the Connections Group maintains its energy, perseverance and positive estimations for 2022.

The financial information presented in the annual financial report is in line with Connections’ business development strategy, which is proof that the Group has the ability and takes commitment to increase the value of its assets.
The year 2021 was meant for the company Connections Consult SA the strengthening the financial position on the Balance Sheet. The company recorded an increase in the value of easily convertible assets in cash, as shown in the comparative balance sheet 2020 versus 2021. The increase in current assets is mainly generated by two important factors: capital inflow as a result of listing on the AeRO market and careful management of working capital.
At the end of 2021, the issuer registered a balance of Current Assets in the amount of 19,775,687 lei, of which 7,9 million lei was represented by cash.

According to the budget for 2022, Connections SA aims to achieve a consolidated turnover of 59 million lei and an EBITDA of 5,64 million lei. This estimation includes the results generated by all group companies, including Brusch Services – a company acquired by the Group in 2021.
Annual Report 2021 – PDF

Best Practices for Introducing RPA to Employees

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Studies have shown that ineffective organizational change management is the leading cause of RPA failure*. Introducing this revolutionary technology to employees through efficient change management can mean the difference between Robotic Process Automation success and failure. 

connections consult RPA implementation company

*According to the Global IA Report by the Shared Services and Outsourcing Network (SSON), 44% of businesses reported that a lack of effective change management was the number one reason why their RPA implementation efforts failed.

Implementing Robotic Process Automation (RPA) in your business is so much more than just a technology project to streamline business processes and increase efficiency. It is an initiative that affects everyone in your company, and as such, it is crucial to focus on the “people side” of implementation just as much, if not more, than you would on the software developments. This mindset shift from a focus on technology to a focus on people will allow you to prepare your employees to embrace the implementation process and make the most of the new technology available to them.

Organizational change management is the process of communicating upcoming changes to team members in an effort to ensure that they are well equipped with the knowledge, understanding, and skillsets required to successfully work with the new software. 

Follow these change management best practices to introduce RPA to your employees in order to ensure that your RPA implementation is successful.

Prepare an introductory demonstration

There is a common misconception that automation technology, like RPA, will replace human employees, and make their jobs redundant. This is, of course, completely untrue. As revolutionary as RPA software is, there is only so much that these robots can actually do. The reality is that the software will only automate those elements of the job that are repetitive, mundane, time-consuming, and rather quite dull. Educate your people straight from the start, show them exactly what the software can do and how it can, and will, benefit them.

Encourage input

Engage with employees to come up with ideas of where automation can be used in the organization. Not only will this encourage innovation and buy-in, but it will highlight whether your people have a good understanding of where and how RPA software can be used.

Get management buy-in, and communicate every step of the way

Support and buy-in from senior management should flow down through to employees, and a thorough understanding of the software and the implementation process will allow management to educate and keep employees updated so that they know exactly what to expect at every stage of the project.

Train and upskill

Ensure that your RPA implementation partner offers training to upskill employees, and be sure to reward participation. 

Celebrate successes, and acknowledge setbacks

Businesses that benefit most from RPA implementation will consider their people’s needs as well as those of the company. Rather than trying to sell employees on theoretical advantages of Robotic Process Automation, communicate how the technology will directly benefit them by making their jobs less routine and freeing them up for higher-value work. Actively involve them in the implementation process and reward their interest and buy-in. This will win them over and help to ensure that your RPA implementation is successful.

 

Are you ready to implement RPA to transform your business? Make sure to partner with the right experts to ensure that your attempts do not fail. With over 15 years of industry experience, Connections are here to help. FIND OUT MORE.

4 Common Business Processes You Can Automate with RPA

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If you think that “Digital Transformation” is just a trendy buzzword, it is probably safe to assume that your business is lagging behind. In today’s competitive digital age, if you are not implementing the latest technology to increase efficiency, streamline business processes, and improve the customer experience, your company will lack the competitive edge necessary to stand out from the crowd.

A key component of digital transformation is the implementation of Robotic Process Automation (RPA) to automate those repetitive, tedious, time-consuming activities that require little creativity or deep thinking from employees. 

In order for the digital transformation of your business process with RPA to be successful, your business needs to identify the right processes to automate. These should ideally be a series of interrelated activities and tasks, performed in a specific order, following a set of rules and a fixed structure. Their implementation serves a particular purpose and is intended to produce a specific outcome.

To give an indication of the types of activities that can benefit from RPA implementation, we take a look at four (of the many) common business processes that can easily be automated with RPA.

1. Speed up Procure to Pay

Many businesses need to have a Procure to Pay (or P2P) process in place in order to purchase goods and services from suppliers. This process typically includes requesting quotes, creation of purchase orders, goods receipts, and invoice creation, and all of this before payment can even take place. As time-consuming and tedious as this process can be, this cycle needs to run efficiently and systematically if the business is to continuously manage its cash flow, build goodwill with suppliers, develop profitable relationships and generate revenue.

RPA software technology is ideally suited to automate the P2P process, reducing operational costs and increasing efficiency. Adopting this technology not only frees up the procurement team to focus more of its efforts on high-value-added activities, but also enables the accounts payable department to be more productive and cost-effective. 

2. Dealing with Sensitive Data

Working with sensitive data associated with payroll, benefits, and business travel is another time-consuming exercise that requires high levels of concentration and accuracy as well as confidentiality. 

RPA robots can input this data, check for accuracy, and process payments in less time than a human, with better accuracy and without the risk of errors. As this sensitive data is no longer being seen by multiple employees, the chance of leaked information means higher confidentiality and improved compliance.

3. Interacting with Multiple Systems

Businesses often have multiple systems that deal with the same data but for different purposes. Transferring and cross-checking data between different platforms, such as ERP and CRM systems, is tedious, time-consuming, and often costly, as it takes additional manpower.

Software robots easily integrate with any system, platform, or application, allowing for the complete automation of data collection to processing, transfer, compliance verification, updating, and archiving. Processes that once took an employee hours to complete now takes minutes, significantly cutting costs and increasing productivity and efficiency.

4. Invoicing Made Easy

Companies that interact with multiple customers or partners often have to deal with invoices in a variety of different formats, such as paper, email, Excel, PDF, etc. Manually transferring this critical data into one harmonized system or database for processing is both time-consuming and dull, and is prone to human error. 

Not only can a well-programmed RPA robot automatically process invoices received in any format, but it can also verify the data, enter it into the appropriate database, and even correct errors. What’s more, the robot can automatically generate invoices at greater speeds meaning faster turn-around times, reduced call-handling times, and a significant improvement in customer experience.

Are you excited to kick-start your business automation journey, but not sure where to start? CLICK HERE to access our free tool to discover whether your business processes are RPA-ready, and get ready to take the first step towards true digital transformation.

RPA for business process success 2022

How to Ensure Business Success in 2022 and Beyond

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 RPA to ensure business success in 2022

 

 

 

The global pandemic wreaked havoc on businesses across the globe, but along with chaos and uncertainty, it brought a number of valuable lessons too. 

In the last few years numerous organizations, and in particular, SMEs, were forced to shut their doors, and if your business is one of the fortunate few who managed to survive, take a moment of well-deserved commendation. Although it seems that things are finally starting to look up, this is not a time for complacency. Indeed, if there is one key learning that COVID-19 has taught us it is that business owners need to take proactive measures to prepare for anything. Implementing new processes is crucial to building resilience in order to see to it that your business process continues to survive, and thrive, during a period of constant change and instability. 

We investigate some of the critical processes that business owners should consider implementing in order to ensure their business’ success in 2022 and beyond.

Utilize data and analytics to make smart business decisions

It is no secret that we find ourselves in a data-driven world, and organizations that are not actively collecting and investigating valuable data are certain to be left behind. 

As a business owner, you want to be sure that every important action taken is backed by solid evidence and not hypothetical assumptions. Gathering crucial data on every aspect of your business, including customer behaviour, is only the first step towards making informed decisions. Performing a detailed analysis on the raw figures is where the real value lies. 

Recognizing patterns and identifying trends will enable you to identify strategic opportunities, solve challenges, and make necessary adjustments to propel your business forwards.  

Encourage customer feedback

A recent survey conducted by Shep Hyken showed that a staggering 96% of customers will switch brands or companies after experiencing poor customer service. Besides gauging whether your customers are experiencing a positive interaction with your brand, requesting feedback serves to show them that you care about them, and allows you to pinpoint areas for improvement. 

Although many business owners may take the stance that “no news is good news”, not providing your customers with an opportunity to share their feedback may be limiting the opportunity for establishing relationships and cementing loyalty to your brand. Customers want to feel that their opinion matters and actively requesting their valuable input helps to make them feel heard and valued. 

In the same breath, it does not mean much-requesting information from customers and not using the learnings to improve. As mentioned in our previous point, feedback data should be collected and then analyzed, and relevant suggestions need to be implemented in order to ensure that customers do not ditch you for competitors.

Improve internal communications

Effective internal communication is a core component of achieving business objectives and goals. When communication breaks down, collaboration suffers.

Ensuring that employees and departments are effectively communicating not only facilitates teamwork, helps to avoid miscommunication and confusion, and increases productivity, but it also helps to develop a positive corporate culture, improves employee morale and encourages insightful feedback and ideas for improvement.

As with the above point, it is not only customers who need to feel heard in order to feel valued. Besides showing employees that they are an indispensable part of the team, promoting a culture of open communication can also provide business owners with valuable insights into ways to improve. Employees may be able to spot areas that could be made more efficient or processes that could be streamlined, and by making sure that they feel comfortable and encouraged to offer their feedback and voice their opinions, your business process can only benefit.

Look after your number one asset – your employees

With record numbers of people leaving their jobs over the last few years, retaining employees has become a valid concern for many businesses. Besides the cost implications of recruiting new talent and replacing lost staff, having a high employee turnover is bad for corporate culture, makes your business look bad, and can negatively affect productivity. 

It is therefore vital to ensure that employees feel engaged, motivated, and valued, so that want to stay and see the organization succeed. In order to keep your workforce happy consider implementing value-added incentives and benefits, career coaching and development, and remote and flexible work opportunities. Ensuring your employees’ overall well-being also includes investigating ways to improve their day-to-day tasks, freeing them up to focus on meaningful work that stimulates and challenges them.

Outsource to trustworthy professionals 

Outsourcing certain business processes to trusted professionals can not only drive performance and increase efficiency within an organization but also results in significant cost savings over time.

As a business owner, if you are attempting to do everything on your own, you may be limiting your organization for potential growth. Partnering with expert service providers provides access to teams with specialized skills in key areas, and frees up employees to focus on core business functions.

Implement automation technology 

Finally, automating repetitive, time-consuming business processes is a necessity to increase speed and efficiency, reduce human error, and ensure that employees are not wasting valuable time and energy on mundane robotic tasks.

Robotic Process Automation (RPA) uses intelligent software technology, or ‘bots’, to automatically complete rule-based and trigger-driven digital tasks that once required human action. Implementing RPA software can transform and streamline an organization’s workflow, resulting in increased cost-saving, a boost in ROI, improved customer experience, greater flexibility and scalability, enhanced compliance, improved productivity, and an increase in employee satisfaction. 

To the above point, partnering with a team of knowledgeable experts to implement automation software, such as RPA, will ensure that the transition is seamless, and will propel your business forward towards success.

Utilizing data and detailed analytics to derive meaningful information to drive smart business decisions, listening to valuable customer feedback, ensuring employee satisfaction, outsourcing certain business processes, and implementing automation technology are all ways in which business owners can improve processes, increase efficiency, and ensure that their organization is prepared and future-ready. 

Click here to find out more about how Connections can help you to transform your business for success in 2022 and beyond.

Implementing RPA in business

Implementing RPA in Your Business: How to Guarantee Success

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Implementing RPA in business procesess

It is a no-brainer that implementing RPA (Robotic Process Automation) is a surefire way to save your business time and money. It is, however, an investment into the success of your company and certain steps should be taken to ensure the best possible outcome.

Do you know how much time and effort your employees are wasting on dull, repetitive computer-based tasks that require little to no cognition? The answer would probably shock you. This is where the magic that is RPA comes in. These digital tasks can be completed with ease by RPA software technology with increased speed and accuracy, freeing up your workforce to focus on the important stuff.

Are you ready to implement Intelligent Integrated Automation into your business? Kudos! You’ve made the right decision. To help you along your journey we’re looking at some important factors to make sure that the transition is as smooth and successful as possible. 

Have Realistic Expectations

There is no doubt that RPA is transformational technology, but it is necessary to be aware of its capabilities and its limitations. If implemented correctly your business can anticipate a reduction in the cost of existing manual operations, an increase in productivity, and the recovery of up to 100% of your investment within 6 – 9 months after implementation. Plus all of this can be achieved without the need to change any of your existing systems. Do keep in mind, however, that you can’t achieve 100% automation in your business.  Implmenting RPA technology automates clearly defined rules-based trigger-driven business processes but it will not be able to automate those digital tasks that fall outside of their programming parameters.

Similarly, the automation software, or “bots”, are able to perform a massive number of computer-based tasks at higher speeds and with greater efficiency, but they aren’t able to adapt when something unexpected, like an application update, happens. It is for this reason that you need to ensure that you have an exceptional team of experts implementing your RPA software. They will be able to anticipate and prepare for many of these process exceptions and will ensure that the software will achieve the desired results. Plus, they will offer the necessary training, support, and maintenance to ensure that your automated processes are as efficient as possible.

Get Your People Onboard

It won’t come as a surprise that employee resistance is a significant reason why RPA attempts flop. One of the biggest misconceptions that human operational workers have is that RPA software will replace them, and with that belief, it is completely understandable that they may be against the implementation of the software. Staff should be educated on how implementing RPA can benefit them directly by eliminating mundane drudge work and freeing up their time and energy for more value-added tasks. 

Another big misconception is that learning to interact with the RPA software will be difficult and this could lead to employees being resistant to change. The reality is that RPA “bots” are super easy to use. The process is as intuitive as using drag-and-drop to move files around and hitting the record, play, and stop buttons. Once your workforce realizes how easy the software is to interact with, and how much it will benefit them on a daily basis, their buy-in will be as good as guaranteed.

Partner with the Best Support Team

The benefits of implementing RPA software in your business cannot be understated. From reducing costs and increasing revenue, decreasing errors and increasing productivity, improving customer service and customer experience, to enhancing employee satisfaction and engagement. The reality is, however, that in order to ensure that investing in this digital transformation in your business is successful, it needs to be implemented properly. The software may be easy to use and interact with but the complexities of implementation should not be underestimated. 

You will want to partner with an RPA implementer who has a proven track record for success, a provider who will not only perform process analysis and optimization and deliver exceptional RPA implementation but who will also provide the required training and Center-of-Excellence set-up support, as well as the maintenance and support for the automated processes.

Contact us today to schedule a free consultation with a Connections RPA Implementation Expert and find out how we can help you to transform your business.

Connections Consult debuts on the AeRO market

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Connections Consult debutează pe piața AeRO

Tomorrow, September 22, at 10:00 a.m., the Connections Consult team will ring the bell of the Bucharest Stock Exchange on the occasion of the start of trading in the company’s shares on the AeRO market. Both the private placement and the listing were made with the support of TradeVille. The event will be broadcast LIVE on the social media channels of the Bucharest Stock Exchange (Facebook, YouTube and LinkedIn).

ABOUT CONNECTIONS CONSULT

Connections Consult is a leader in the digital transformation market in Romania, with over 300 employees, offices in Bulgaria and Serbia and sales representatives in Germany and Saudi Arabia. The company specializes in Intelligent Automation, IT Infrastructure Support, Digital Business Process Management and Software Development On Demand, and its clients are global companies and Romanian mid-sized companies in industries such as Banking, FMCG, Oil & Gas, Telecom and Retail. As of July 2018, Connections has partnered with UiPath, the Enterprise Robotic Process Automation (RPA) platform with the fastest adoption worldwide, with whom it has already successfully implemented robotic automation processes in key industries. Connections Consult is also constantly investing in the development of software products for industries as diverse as audit and consulting, green energy, and specialist accounting and HR software Connections ended 2020 with a turnover of €7 million.

How oil and gas companies can benefit through outsourcing software development

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How oil and gas companies can benefit through outsourcing software developmentOil and gas companies around the world are increasingly looking to do more with their software teams, without increasing their costs, while maintaining overall efficiency. Dedicated team-based outsourcing, to Romania in particular, enables companies to do just this.

One of the most important facets of expanding a software team is the process of onboarding new developers. A major pain point for HR professionals is the sheer amount of time and money that goes into this process for each new hire- from job ads to interviews, to getting developers up to speed. We look to eliminate this with our outsourcing model, based on pre-selection and fast onboarding. By pre-selecting available developers to add to our talent pool, we maintain a large database of ready-to-go talent that our clients can pick from at a moment’s notice- whether they are just starting to work with us, or they need to add a new specialist to an existing team, fast. We also look to streamline the onboarding process by way of emphasizing open communication and offering strong support in HR and local project/team management.

As we’ve written previously, working with Romanian developers can be an excellent way to save on personnel costs while ensuring high-quality workmanship. As the market rates for software developers in Romania are lower than elsewhere in the world, and the local cost of doing business is quite reasonable in comparison with other countries- it’s no surprise that outsourcing to Romania can be a major bargain for firms based in certain countries. Saying this, as Romania boasts a large, ever-expanding tech industry, it’s not at all difficult to find the exact sort of developer that you’re looking for, however specialized or experience-warranting your requirements might be.

Between getting expert developers for bargain prices, and getting who you need, when you need them, without the added legwork that comes with conducting hiring rounds internally- it could be said that software development outsourcing to Romania presents a unique set of advantages to companies in the oil and gas industry. Whether you’re looking to efficiently expand your software team, decrease costs associated with software development to increase overall profit margins, or some mix of the two- outsourcing to Romania might be the way to go.