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All News / 2017 03 31 Implementing IT Solutions for Business Process Optimization

UAB "Precizika Metrology", having received the support from the European Union Structural Funds, implemented the project "Implementing IT Solutions for Business Process Optimization" (project No. 03.3.1-LVPA-K-806). The project was implemented in accordance with the "E-business LT", priority 3 "Promoting the Competitiveness of Small and Medium-Sized Businesses" of the EU Strategy for Investments 2014-2020, aimed at "Encouraging SMEs to adopt the latest ICT solutions for business processes (customer service, supply chain management, enterprise resource management, etc.), thereby creating favorable conditions for growth in their productivity. The eligible costs of the project amounted to EUR 53640, of which up to EUR 26820 were earmarked from the EU Regional Development Fund and EUR 26820 were made up of own resources.

The project was aimed at optimizing company processes through IT systems. The need for the project was determined by the need for more efficient company process management, as the current situation hindered the company's growth of productivity, development, export growth. The result of the project was the implementation of e-business solutions - a modern and integrated IT solution was acquired that allowed to optimize the management of all processes of the company's activities, thereby creating favorable conditions for the growth of labor productivity, which directly influences the competitiveness of the company.