{"id":760,"date":"2017-11-07T15:07:45","date_gmt":"2017-11-07T19:07:45","guid":{"rendered":"https:\/\/solutionsreview.com\/content-management\/?p=760"},"modified":"2017-11-07T15:07:45","modified_gmt":"2017-11-07T19:07:45","slug":"how-a-lack-of-digitalization-can-affect-your-business","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/content-management\/how-a-lack-of-digitalization-can-affect-your-business\/","title":{"rendered":"How a Lack of Digitalization Can Affect Your Business"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-761\" src=\"https:\/\/solutionsreview.com\/content-management\/files\/2017\/11\/How-a-Lack-of-Digitalization-Can-Affect-Your-Business.jpg\" alt=\"\" width=\"800\" height=\"400\" srcset=\"https:\/\/solutionsreview.com\/content-management\/files\/2017\/11\/How-a-Lack-of-Digitalization-Can-Affect-Your-Business.jpg 800w, https:\/\/solutionsreview.com\/content-management\/files\/2017\/11\/How-a-Lack-of-Digitalization-Can-Affect-Your-Business-300x150.jpg 300w, https:\/\/solutionsreview.com\/content-management\/files\/2017\/11\/How-a-Lack-of-Digitalization-Can-Affect-Your-Business-768x384.jpg 768w, https:\/\/solutionsreview.com\/content-management\/files\/2017\/11\/How-a-Lack-of-Digitalization-Can-Affect-Your-Business-640x320.jpg 640w, https:\/\/solutionsreview.com\/content-management\/files\/2017\/11\/How-a-Lack-of-Digitalization-Can-Affect-Your-Business-128x64.jpg 128w, https:\/\/solutionsreview.com\/content-management\/files\/2017\/11\/How-a-Lack-of-Digitalization-Can-Affect-Your-Business-400x200.jpg 400w, https:\/\/solutionsreview.com\/content-management\/files\/2017\/11\/How-a-Lack-of-Digitalization-Can-Affect-Your-Business-180x90.jpg 180w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>We live in a digital world and the enterprise is no different. However, some organizations haven\u2019t started the digitalization process and this post is tailored to them. We hear a lot about the benefits of digitalization, but not as much about what it can cost a business that has neglected to evolve.<\/p>\n<p>Let\u2019s take a look at what the lack of digitalization can cost a business:<\/p>\n<p><strong>Additional staff members<\/strong><\/p>\n<p>According to a <a href=\"https:\/\/www.youredi.com\/blog\/cost-of-lack-of-digitalization?utm_content=62780763&amp;utm_medium=social&amp;utm_source=twitter\" target=\"_blank\" rel=\"noopener\">recent blog post, Youredi<\/a>\u00a0reported that companies often need to hire additional staff members when they haven\u2019t gone digital due to inefficient processes. Sometimes the task can be as simple as answering customer inquiries, but someone has to do it. Companies are often wary of beginning the digitalization process, but starting with just a minor task can be a great way to see if it would be worth digitalizing more in the future.<\/p>\n<p><strong>Business processes implemented more slowly<\/strong><\/p>\n<p>\u201cThe lack of integration across processes slows down the implementation of the automated processes,\u201d according to Youredi. \u201cBetter, accurate, and automated business processes are the core of a business that wants to stay on the top.\u201d<\/p>\n<p>Automating processes often leads to a boost in productivity and efficiency. It\u2019s also great for an organization\u2019s pocketbook. Without digitalization, automating processes isn\u2019t an option.<\/p>\n<p><strong>Innovation prevention<\/strong><\/p>\n<p>In order to develop and grow, a business needs constant innovation, Youredi reported.<\/p>\n<p>\u201cDigitalizing processes can not only be helpful in new processes; however, it can be the engine of creating new innovations that strengthen the position of the company, allows them to differentiate themselves, and stand out,\u201d according to the post.<\/p>\n<p><strong>Losing market share<\/strong><\/p>\n<p>When companies are not innovative and growing, they can fail to create products or services that are in demand, which often ends in the loss of market share.<\/p>\n<p>Click <a href=\"https:\/\/www.youredi.com\/blog\/cost-of-lack-of-digitalization?utm_content=62780763&amp;utm_medium=social&amp;utm_source=twitter\" target=\"_blank\" rel=\"noopener\">here for more information<\/a> from the Youredi blog post.<\/p>\n<br \/>Widget not in any sidebars<br \/>\n","protected":false},"excerpt":{"rendered":"<p>We live in a digital world and the enterprise is no different. However, some organizations haven\u2019t started the digitalization process and this post is tailored to them. We hear a lot about the benefits of digitalization, but not as much about what it can cost a business that has neglected to evolve. Let\u2019s take a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":761,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[33,37],"tags":[156,196,52,11,221,26,282,229,23,3,136,242,19,238,280],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How a Lack of Digitalization Can Affect Your Business - Best Content Services Platforms\u200e, Software and Content Management ECM Vendors<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/content-management\/how-a-lack-of-digitalization-can-affect-your-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How a Lack of Digitalization Can Affect Your Business - Best Content Services Platforms\u200e, Software and Content Management ECM Vendors\" \/>\n<meta property=\"og:description\" content=\"We live in a digital world and the enterprise is no different. However, some organizations haven\u2019t started the digitalization process and this post is tailored to them. We hear a lot about the benefits of digitalization, but not as much about what it can cost a business that has neglected to evolve. 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