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Would you sail or fly to New Zealand? Consultancies and technology.

BY Michael Bulman |

02nd April 2015 |

The importance of speed and efficiency

Flying to New Zealand is one of the longest journeys that we can take from the United Kingdom. For those of you that have done the trip you are well aware of this fact.

However, when you fly this far, you fly in comfort. Even those of us braving the rigours of cattle class are furnished with pillows, blankets, TV and food of questionable yet improving quality. The blinds come down, the lights dim and you fall into a comfortable stupor, albeit in a considerable range of unnatural and worrying positions.

In time the lights will come back on as the captains voice is heard over the telecom informing you of your arrival time. The stewardesses will offer you a hot towel, drinks and a hearty breakfast. All helping to prepare you for the arrival in what is best described as a hot Scotland; the land of Sheep and overrated rugby teams (as of 2015, one hopes).

Now, take a step back from this idealistic version of long haul flights and consider this:

Sailing to New Zealand

QV_default

For arguments sake let us first say this will take a month (it could be anywhere from three to six weeks normally). Admittedly you are not going to be travelling in one seat the entire time and you will have the opportunity to move around the ship.

Then again whilst you will get a bed this bed will not be value for money. It will cost at least ten times what you would expect to pay for your 22 hour flight.

As a businessman this is not going to be the most efficient way of getting to a meeting.

So what is the moral of the story?

Whilst the analogy may be questionable this is actually a blog to emphasise the importance of good communication within a company. In particular global companies with consultants or staff dispersed throughout.

An atypical example is a consultancy based in the UK. Here in the head office there will be a small group of accountants. Let’s say up to ten and their job will simply be to enter data into the centralised system. This is because the company’s consultants will be logging their hours on Excel spreadsheets and emailing them in.

This significantly increases the chances of human error whilst also being incredibly inefficient.

This is the cruise liner of the business world - expensive, inefficient and understandably error prone.

It is a common fallacy that you save money by resisting financial software in favour of excel and extra accountants.

 Download the Sage ERP X3 White Paper

The solution - buy your own Lear jet

Ultimately business is very simple. It is all about making money. Efficiency plays a big part in this.

So take the time to have a look around find out if someone can provide you with the metaphorical Lear jet. Find someone that will look at your business; will learn about it, understand it and in time provide a solution to all of your pains. Ultimately all your consultants will be delighted to be on board.

learjet-45-xr-performance

Human error will be limited; speed will be enhanced with consultants entering their data into the system directly wherever they are in the world. They will have access to anything they need and you will have a complete, live view of the company’s finances.

Using technology to create real value within one's company is crucial in this day and age.

 

Michael Bulman

Sage enthusiast and Acuity advocate.