AuraQuantic Case Studies New Millennia Group Ltd.: Streamlining Operations with IoT

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	New Millennia Group Ltd.: Streamlining Operations with IoT AuraQuantic

New Millennia Group Ltd.: Streamlining Operations with IoT

AuraQuantic

Technology Category	Analytics & Modeling - Real Time Analytics Cybersecurity & Privacy - Security Compliance
Applicable Industries	Cities & Municipalities Finance & Insurance
Applicable Functions	Procurement Quality Assurance
Use Cases	Inventory Management Real-Time Location System (RTLS)
Services	System Integration
Challenge	New Millennia Group Ltd., a company operating within the £28 billion per annum United Kingdom Temporary Recruitment Industry, faced significant challenges in managing its administrative processes. The company provides invoice funding, credit insurance, payroll, and administration facilities to recruitment agencies nationwide. However, the administration processes and government compliance issues were complex and susceptible to several major changes each year. From 2000 to 2010, New Millennia used several disparate software packages interconnected via manual paper systems, leading to operational headaches. The main challenges included operational process speed and security, communication between operational processes, external interaction of operational processes, supply chain system integrations, frequent change of operational processes, real-time information management, and mountains of paperwork. Read More
About Customer	New Millennia Group Ltd. is a company that operates within the £28 billion per annum United Kingdom Temporary Recruitment Industry. The company has been working within this industry since 2000 and holds both trade body and government licenses to operate. It provides invoice funding, credit insurance, payroll, and administration facilities to recruitment agencies operating nationwide. New Millennia's main objective is to provide efficient and expert financial, legal, and administrative services to help temporary employment agencies and end customers grow and succeed with their business plans. Read More
Solution	In 2010, New Millennia decided to implement an automated and centralized control of the services they were providing their clients. The company needed a system that could integrate with their client's applications, comply with legal regulations and controls in the recruitment field, and optimize resources while minimizing costs. After an extensive investigation, New Millennia opted for AuraQuantic BPM Process Management Platform in November 2010. The platform was chosen for its ability to build any process without the need for programming, enabling agencies, temp workers, and end clients to work online via their individual Portals and interact with the AuraQuantic processes. It also provided a high degree of security for protecting confidential information and a real-time information management system. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Real Time Analytics

Cybersecurity & Privacy - Security Compliance

Applicable Industries

Cities & Municipalities

Finance & Insurance

Applicable Functions

Procurement

Quality Assurance

Use Cases

Inventory Management

Real-Time Location System (RTLS)

Services

System Integration

Challenge

New Millennia Group Ltd., a company operating within the £28 billion per annum United Kingdom Temporary Recruitment Industry, faced significant challenges in managing its administrative processes. The company provides invoice funding, credit insurance, payroll, and administration facilities to recruitment agencies nationwide. However, the administration processes and government compliance issues were complex and susceptible to several major changes each year. From 2000 to 2010, New Millennia used several disparate software packages interconnected via manual paper systems, leading to operational headaches. The main challenges included operational process speed and security, communication between operational processes, external interaction of operational processes, supply chain system integrations, frequent change of operational processes, real-time information management, and mountains of paperwork.

About Customer

New Millennia Group Ltd. is a company that operates within the £28 billion per annum United Kingdom Temporary Recruitment Industry. The company has been working within this industry since 2000 and holds both trade body and government licenses to operate. It provides invoice funding, credit insurance, payroll, and administration facilities to recruitment agencies operating nationwide. New Millennia's main objective is to provide efficient and expert financial, legal, and administrative services to help temporary employment agencies and end customers grow and succeed with their business plans.

Solution

In 2010, New Millennia decided to implement an automated and centralized control of the services they were providing their clients. The company needed a system that could integrate with their client's applications, comply with legal regulations and controls in the recruitment field, and optimize resources while minimizing costs. After an extensive investigation, New Millennia opted for AuraQuantic BPM Process Management Platform in November 2010. The platform was chosen for its ability to build any process without the need for programming, enabling agencies, temp workers, and end clients to work online via their individual Portals and interact with the AuraQuantic processes. It also provided a high degree of security for protecting confidential information and a real-time information management system.

Impact #1	The implementation of AuraQuantic BPM Process Management Platform led to significant operational improvements for New Millennia. The company was able to implement over 600 processes in 2 years, from the creation of employee records right through to the payroll control, all with an automated service of alerts, alarms, and notifications and in line with compliance requirements such as HM Revenue & Customs and AWR (Agency Workers Regulations). The project successfully covered all the objectives, including contract management, process automation with a visual and intuitive real-time monitoring, compliance management, and effective document management systems integrated within the processes. As a result, agency workloads were minimized and paperwork was eliminated.

Impact #1

The implementation of AuraQuantic BPM Process Management Platform led to significant operational improvements for New Millennia. The company was able to implement over 600 processes in 2 years, from the creation of employee records right through to the payroll control, all with an automated service of alerts, alarms, and notifications and in line with compliance requirements such as HM Revenue & Customs and AWR (Agency Workers Regulations). The project successfully covered all the objectives, including contract management, process automation with a visual and intuitive real-time monitoring, compliance management, and effective document management systems integrated within the processes. As a result, agency workloads were minimized and paperwork was eliminated.

Benefit #1	Implemented over 600 processes in 2 years
Benefit #2	70% Reduction in consumables
Benefit #3	60% Improvement in internal and external communication

Benefit #1

Implemented over 600 processes in 2 years

Benefit #2

70% Reduction in consumables

Benefit #3

60% Improvement in internal and external communication

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Overview

New Millennia Group Ltd.: Streamlining Operations with IoT

Operational Impact

Quantitative Benefit