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Asset Management: Getting the most out of digital

Effective document and asset management is the key to generating value from your investments

Companies and governments are investing over $6.8 in digital technologies and transformation, but are failing to see the maximum potential it offers. Research tells us that over 70% of these initiatives are likely to fail their intended objectives. While new technology and processes may be the hallmark of digital transformation, it’s often the management of these new additions that make the difference between success and failure – especially in asset-intensive businesses.

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Join Qellus at Maximo World 2021 – booth 719

AUGUST 3-5, 2021 • ORLANDO, FLORIDA

In the first in-person Maximo event since the pandemic, Qellus will be showcasing how you can turn your data into an asset for your company. We would like to invite you to join us and the Maximo community at large to discover new innovations for your business and the upcoming trends for the industry.

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Why You Should Consider Digital Transformation

Navigating change can be tough – let us help you through your digital transformation challenges.

Projections suggest that worldwide spending on digital transformation will reach $1.3 trillion U.S. dollars, growing 10.4 percent year-on-year. In fact, 38% of executives plan to invest more in technology to make it their competitive advantage.

As a business leader, you need to find ways to do more with less every day. With increasing overheads, established competitors, and demanding customers, the only way to stay in business is to constantly improve every aspect of your company.

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5 reasons to digitally transform your invoice capture solution

Digital transformation is critical for all aspects of your business – including accounts payable processes.

Upgrading and enhancing a few processes without doing the same for others leads to bottlenecks in productivity. All of your processes and functions must be operating on the same level to prevent any hindrance to your teams’ productivity. Unfortunately, accounts payable processes are often forgotten about when it comes to digital transformation. This is a major mistake that many organizations make because suppliers and invoices naturally connect to almost every business function.

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OpenText and Qellus are hosting a Maximo document management webinar!

When: April 27, 2021 – 11.00 AM EDT

Accelerate revenue by increasing asset uptime using OpenText and Maximo

Join Ihsan Hall, Founder and Managing Director at Qellus, and Cameron Brennan, Head of Product Marketing for Energy, and Engineering Solutions at OpenText for a live webinar that takes a deep dive into the role of engineering capital projects, asset operations, and plant maintenance practices. The webinar will demonstrate how business leaders reduce maintenance costs below 10% of total manufacturing costs. Read more

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Is it time to upgrade your Vendor Invoice Management (VIM) solution?

The world is moving quickly – are your invoice management processes keeping up?

Technology is improving the way businesses conduct their operations. Everything from customer service to finance is being reevaluated, enhanced, and implemented faster than ever before. One of the areas where technology is enhancing business is Vendor Invoice Management. As invoicing and finance are connected to nearly everything a business does, invoice management solutions have the potential to impact every aspect of a company. Read more

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Effective Digital Transformation requires a commitment to process change

Transformation involves discipline, vision, and above all – determination.

Any change is difficult. Most people enjoy predictability and organizations as a whole rely on stable plans for the future. With digital transformation, these two aspects are thrown into uncertainty, and without company-wide commitment, the task can be extremely difficult. This blog post aims to give you a few pointers to get started.
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4 Needs of every asset-intensive business 

Every asset-intensive business has to address four core elements to stay competitive in business.

Asset-intensive organizations do not operate the same as normal businesses. When dealing with high physical risks, productivity drains and expensive assets, the stakes are simply higher for companies in these industries. Read more

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The 4 top challenges for asset-intensive businesses

Common challenges that prevent a business from achieving benchmarks set by your peers. Here’s how to perform with the best.

Today, asset-intensive companies have a lot to keep track of. The introduction of information and data management requirements, as well as compliance concerns, have forced companies to reconsider how they approach asset management. Data management and time optimization have become paramount to the operation and profitability of these organizations – companies now have to concern themselves with data considerations and process optimizations if they want to stay competitive.

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Extended ECM for IBM Maximo – how it works

Discover how the latest solution from Qellus helps your business operate faster and better

Qellus’ solution for Maximo allows for more efficient collaboration in asset-related activities across your entire company. It enables you to match the robust document and records management within OpenText directly to Maximo’s asset management solution. 

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