Seminar for SMEs on how to digitize their business held

Govt is expanding digitalization various areas like revenue, citizens services, irrigation, water works: Srinivas Pendyala, Jt Secretary, Govt of Telangana Hyderabad, April 19, 2019: SAP Ariba on the occasion of its Info Day on Friday night held a Seminar for SMEs on how to digitize their business held here in the city at Hotel Marriott. Srinivas Pendyala, Joint Secretary, ITE & C, Govt of Telangana was the chief guest. Speaking on the occasion he told how they, the Government was expanding digitalization to various areas like revenue, citizen services, irrigation, water works and how digitalization is helping several govt department In managing their procurement and he stressed the need for organisations too to digitalise their processes to achieve maximum benefit and grow faster. The Seminar which was organized by Apsolut is a top-listed SAP & SAP Ariba partner, was attended by over 50 SMEs, CEOs and CFOs, informed Raghuram Prasad Siddi, Head, Sales & Marketing of ApSolut in a press note issued in the city today. Experts like Nikhil Kamat, Krishnendu Das both from SAP India and Paparo Madasu and Vishwanath Peyyety both from Apsolut addressed the seminar and enlighten participants on Digital Advantage. Most of the organisations are using digital platforms. But are limiting it to recording of transaction or for improving sales. But overall growth of the organization, these two aspects are not sufficient. They have to digitalise several other areas or processes. They have to do it without which they still lag behind and cannot achieve their dreams of becoming MNC’s said Raghuram from Apsolut. There are several other areas like Supplier Management, expense management, supply chain management. Digitalisation of these areas are key to improve customer satisfaction and profitability of the organisations Nikhil of SAP India demonstrated to participants how using SAP Ariba one could digitalise their supplier management and procurement Processes and leverage benefits. He provided case studies on how benefitted using the tool. Apsolut is a top-listed SAP & SAP Ariba partner for on-premise, cloud & hybrid solutions (SAP SRM, Ariba Network, SAP S/4HANA Enterprise Management). Our focus is on strategic & operative purchasing and can guide SMEs on their Digital Transformation journey with products and tools required to do so, added Raghuram Over 50 million SMBs currently contribute 37% to the country's GDP. However, large portion of them, to be precise, 70 percent of them are still offline. It is inevitable to go digital, otherwise they will lag behind in the race. The seminar is aimed at SMEs use digital technologies build strong digital capabilities and participate in the Digital Economy. This Digital Empowering Seminar for SMEs helped them staying ahead in an Age of Disruption, states Raghuram Prasad. Digital empowerment helps SMEs increase their turnover and profitability informs Raghuram Prasad. It helps them in customer acquisition, supplier management, operational efficiency, workforce enablement and Risk management. So it is a must to attend Seminar for SME’s as it will help them digitalize their procurement processes and supplier management.