Outcomes of ODE implementation
There were no alternatives to ODE before
We had been working with paper documents from our partners for years because there were no alternatives. Every three months, we took the documents to the archive and the hallways were cluttered with bags of papers.
Since our stores are located in district centers and villages, the logistics of documents is a big challenge. So in 2019, we made the decision to implement ODE.
What challenges were faced while implementing the ODE?
We started implementing ODE in two departments: administrative and marketing. And when the pandemic started, everyone agreed to work at Vchasno. We were lucky since we were already prepared for remote work and had our archives set up.
Initially, some employees and partners were not very enthusiastic about the innovation and did not want to refuse the paper. However, both COVID-19 and the full-scale invasion have demonstrated that it is possible to receive money and services faster, and to collaborate with partners more easily and from any location.
Currently, only the documents with those counterparties who still find it difficult to implement ODE, such as utility companies and housing offices, remain in paper form. For example, in small towns and villages.
Benefits of using ODE
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1Easier tax inspectionsWe are a large company, so we are required to undergo an annual audit. Now we don’t have to go to the archives to get the documents for the audit. We provide all documents in electronic form, which is much faster and easier.
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2QuicknessSometimes signing a contract can slow down the start of a partnership. Now, it takes 1 day to approve and sign a paper agreement instead of a week.
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3Information securityIn times of war, with systematic attacks and shelling, paper is an unreliable source of document storage. With ODE, you have nothing to worry about.
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4Mistakes minimizationAn error in numbers or incorrect wording in a contract can cause a lot of losses for a business. In an e-document, such mistakes are less likely to be made because the human factor is minimized: there is auto-correction, and the ability to make corrections or quickly re-upload the document.
Read also: How to pass a tax audit with e-documents?
Future plans for business process automation
Of course, we will continue to automate and digitize our processes. By the end of 2024, we plan to have more than 2,000 active QESs for our employees. We have already converted most of our cash documents into electronic format, and then we will introduce electronic invoices and TTNs.
Although 73% of documents have been digitized, we will not stop and will continue to move in this direction. Digitalization allows businesses to move forward and work more efficiently, and thus earn more money.
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