TRENDING REPORTING COURSES
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Advanced Excel | MIS Reporting | Model Building
TAILORED BI REPORTING COURSES
BY INDUSTRY
20 Hours
Before Automation
2.9 Hours
After VBA Automation
17.1 Hours
Time Saved per month
Company Profile: It is an American multinational technological manufacturer, with corporate headquarters in Singapore and administrative in Silicon Valley, California. It is the third largest global EMS, ODM Company by revenue.
Need for Automation:
Conducting Intra-branch contests for staff on key business parameters is one of the motivational measures used at our bank. Such contests are conducted at frequent intervals and the performance of each staff has to be recorded and updated on a daily basis consuming 10 man-hours monthly. Thereby, a simple automation would allow me to focus on other importance aspects of the business.
Cost-Benefit Analysis (Post Macro Implementation)
| Activity # | Description | Frequency | Time Consumed - Manually | Time Consumed - After Automation | Time Saved | Time Saved Per Month |
|---|---|---|---|---|---|---|
| 1 | Filling RA Template | 132 times/1056 Minutes | 8 Minutes | 1 Minutes | 7 Minutes | 924 Minutes/ 15 Hours & 24 Minutes |
| 2 | Updating AR Aging | 132 times/66 Minutes | 30 Seconds | 10 Seconds | 20 Seconds | 53 Minutes |
| 3 | Actual Payment Received | 4 times/20 Minutes | 5 Minutes | 0 | 5 Minues | 20 Minutes |
Cost-Benefit Analysis (Post Macro Implementation)
Description
Filling RA Template
Frequency (Monthly)
132 Times
Time consumed manually
8 Minutes
Time Consumed for automated activity
1 Minutes
Total time savings per activity
7 Minutes
Total time saved Per month
924 Minutes/ 15 Hours & 24 Minutes
Description
Updating AR Aging
Frequency (Monthly)
132 Times
Time consumed manually
30 Seconds
Time Consumed for automated activity
10 Seconds
Total time savings per activity
20 Seconds
Total time saved Per month
53 Minutes
Description
Actual Payment Received
Frequency (Monthly)
4 Times
Time consumed manually
5 Minutes
Time Consumed for automated activity
0
Total time savings per activity
5 Minutes
Total time saved Per month
20 Minutes
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