AMS was one of the sponsors for the recently released NZ Tech report - Digital Nation New Zealand, from Tech Sector to Digital Nation
. It provides an analysis of the economic impact the Tech sector is having on the New Zealand Economy. It is the first report to quantify the impact of technology and is fast becoming how we measure the growth and impact of technology in New Zealand.
As an enterprise workforce management solution provider, AMS aims to increase public sector companies’ productivity via intelligent automation and smart end-to-end processes. It is very interesting that the report states that an improvement in technology productivity could potentially impact all industries productivity. And based on the NZIER research
, “a 4% Tech sector productivity improvement would cause NZ GDP to expand by 1%”
which represents "$2.7 billion expansion of the economy
Similar findings are evident in the Treasury BASS (Benchmarking Administrative and Support Services) report, which provides information on the back-office functions across the NZ State sector and is produced annually.The latest BASS report
, which was released last month (July 2016) identified that “HR services are not particularly efficient or effective by international standards
” and that “HR processes remain cumbersome and are characterised by low levels of automation
Having the agencies that are below median efficiency reach median efficiency generates productivity gains of $37.7 million annually.
Last year, an analysis made on the BASS report has shown that AMS offers the most productive and best value for money HRMIS system to NZ Government agencies
Automated processes using AMS Business Process Management (BPM) to drive intelligent workflows reduces the time spent by FTE on administrative tasks, to focus on more strategic tasks.
Better use of resources efficiently and effectively “could be critical for the agencies that cannot generate more revenue but need to optimise the use of their existing resources to increase the service levels and output
”. More than increased productivity, automated intelligent processes improves customers’ experience and have a greater proportion of public funds utilised for front-line resources. * FIN6 (Payroll productivity) and HR5.5 (core HR process productivity) metrics have been grouped by solution supplier, excluding suppliers with just one agency.