Elbit Systems Ltd. (ESLT) is a high technology company and global innovator involved in a wide area of defense, homeland security, and commercial affairs across the world. The company, which comprises Elbit Systems plus its subsidiaries, serves in the areas of land, and naval systems, computers, intelligence surveillance, superior electro-optics & space systems, and communications systems.
They also center on enhancing existing platforms, advancing new technologies for defense, homeland security & commercial applications, and accommodating support services, including training and simulation systems.
However, they had a primary challenge of integrating varied technologies amongst all the new subsidiaries, data and process consolidation, and sharing data between subsidiaries and the parent company – all while adhering to strict accounting and regulatory requirements.
They were looking for
Elbit knew that consistently developing and upgrading their products and services while leading their competitors, typically grow market share and raise revenue. Fulfilling that goal would depend massively on delivering business applications that can liberate automated processes and consolidate digital workflows.
They had implemented a business services architecture in which IT provided re-usable services for the business to develop applications that integrate with back-end systems throughout the organization. This also provided transparency between systems, enabled better strategic planning, and gave subsidiaries the freedom to decide which set of IT systems they wanted to use.
Now, the goal of the project was to increase their operating efficiency in processing purchase orders by at least 60%.
They deployed AgilePoint to modernize application development by uniquely combining low-code/no-code technology with enterprise process automation to deliver automation at scale. Before the start of the project, the average purchase order processing time was 28 days.
“From a technology point of view, we have taken a best-of-breed approach. That means that we are concentrating on enabling more effective connections to our underlying systems to allow us to leverage them in new process-enabled applications.” ShmulikVolkenfeld says, the IT Director.
AgilePoint’s low-code framework would
For Business Analysts, the no-code platform and its support for SharePoint and Office 365empowered them to develop new applications that leveraged these components without in-depth technical know-how. What this implies is Elbit could redirect valuable IT resources elsewhere that previously controlled applications development..
The solution of the project yielded numerous additional benefits that increased Elbit’s operational efficiency. AgilePoint provided the development framework that
This sale hyper-automation yielded a 95% time decrease of average purchase order processing time - from 28 Days to 2.3 Days - and an average of less than a day for the processing time of amounts over $2M!
With the help of new possibilities in the digital age, especially through automation processes in combination with Artificial Intelligence there are three main advantages that can be used to increase sales:
Your employees, customers and not least your company will benefit from these results.
Together with our partners, we have many solutions for process automation. We will help you start into the digital age. So take your chance.