El Sol Grupo saves more than 65% with Docuten
Digitalisation in business represents an important means of creating a differential value for companies. Much of the time, those that incorporate digital transformation processes into their operations gain the competitive edge.
As we have highlighted before, the benefits to digitalisation are manifold: improved efficiency, time saved on managing processes, as well as a significant boost in cost savings.
El Sol Grupo saves more than 65% with Docuten
Our client, El Sol Grupo, is a perfect example of this. CEO Cristian G. Pastrana contends that the implementation of a tool like Docuten has enabled the company to operate more efficiently and to focus more of their time, efforts and resources on generating business.
The number one real estate development company in Asturias, El Sol Consulting Inmobiliario propels real estate industry growth with its innovative vision and exciting new projects. With multiple iconic buildings under renovation and various impressive new builds in the pipeline, El Sol Grupo specialises in asset management, market assessment, and real estate development guidance with more than 25 years of experience.
At El Sol Grupo, too much time and money was being spent managing administrative processes, and the company made the decision to contract Docuten for digital signature and electronic invoicing. Using real data provided by El Sol Grupo, our team has completed a cost savings analysis to examine the actual savings that come from implementing our services. Our findings confirm that, thanks to Docuten, the company has experienced a 65% increase in cost savings.
If you would like to have a look at the complete report, you can download our Whitepaper here for free.
Previously, the cost of getting documents signed and handling invoicing was very high for El Sol Grupo. In employing a digitisation tool like Docuten, company expenses began to decrease for various reasons:
- Time and money spent managing administrative processes was significantly reduced. As the report highlights, too much time was being lost on routine processes (like having to get documents signed in person), but, with Docuten, the number of hours staff now have to spend on these tasks is much lower. According to Cristian G. Pastrana, our services have enabled El Sol Grupo to save an average of an hour and a half per transaction.
- The cost of storage is nonexistent (signed documents and sent/received invoices are stored on the platform itself) and the cost of office supplies, like paper and ink, is greatly reduced (digital administrative management eliminates the need to print paperwork).
- Similarly, the cost of mailing documents and invoices is also eliminated since this is handled by the platform.
Ultimately, contracting a digitalisation tool like Docuten allows companies to save money by managing various administrative processes through a single provider. This has the added benefit of reducing any risks associated with bringing on board various outside service providers, along with a clear improvement in efficiency and internal operations.