1. Boost internal efficiency
Digital transformation improves the way of working, freeing up time for employees to focus on things that create true long-term value, like innovation, says Philippe: “Look at approval flows, for instance. Instead of waiting for each other’s approval, with digitization, several people are invited to approve a document or a process at the same time. That helps to speed things up.”
As digital transformation drives efficiency, it also helps cut costs, “which, of course, is often a key driver to boost digital transformation,” Philippe admits.