As an operations leader in your organization, it is your responsibility to ensure that your organization is maximizing customer value while limiting the costs it takes to deliver that value. In other words, it is your job to maximize operational efficiency. But the need to keep up with ever increasing customer expectations have driven up operational costs. Consumers now expect to have access and interaction with your brand 24/7/365. Your challenges include:

• Keeping operational costs in balance with delivered customer value
• Maximizing operational efficiency
• Optimizing the supply chain

As an operations leader, you are constantly under pressure to decrease operational costs across any number of processes, including sales, supply chain, production, and maintenance. At the same time, you are facing the challenge of driving sustainable customer value (and therefore shareholder value).

Imagine if you were able to create a virtual, dynamic blueprint of your organization based upon operational data that would help you by generating insight into how your financial processes were running in near-real time. Creating a Digital Twin of an Organization in Mavim will provide you with insights into how your business-critical processes – such as procure to pay – are currently being executed versus how they were designed. This gives you the information you need to achieve your goal of balancing the need for internal controls while reducing operational costs.