10 Statements on Digital Transformation

Digital transformation is a necessity in every company. We are constantly seeing new and innovating startups that are pushing the digital envelope and, what we are realizing is, they aren’t just developing great programs, applications and processes, but they are developing the future.

Understanding exactly what some of these ready-to-scale startups are offering, and how they can digitally transform your organization, may be crucial for the future of your company.

1.“RPA is the future and we can’t deny it.”

Yesterday, typing in customer data, line after line, hour after hour, was both tedious and costly. Today, Digital Workforce is taking organizations into the future through RPA and eliminating those painstaking processes of the past. They are the only company purely specializing in Intelligent Process Automation services on an industrial scale in the Nordic countries and Poland and, through RPA, they have developed a way to dramatically reduce the time it takes to input routines of computer based knowledge work.

Learn more about Digital Workforce here.

2. “We provide automated solutions to verify the authenticity of identity documents and customer identities.”

In a world where identity theft is a challenge that many startups are attempting to overcome, Identt is a solution that is an incredible option for institutions where identity verification is important for legal and security reasons in order to prevent fraud. Identt can automatically verify identity documents such as passports, driver’s licenses and national identity cards. Identt has the ability to verify documents in over 200 countries giving the opportunity to verify information for ATM withdrawals, setting up bank accounts and many other services.

Learn more about Identt here.

3. “Enterprise Performance Management with collaboration and full support for budgeting and planning processes.”

Bilander has developed a way for businesses to more effectively manage their data and ultimately become more efficient. Covering areas such as reporting, data analysis, budgeting and more, Bilander is flexible and practical and can be easily used in organizations of any size.

Learn more about Bilander here.

4. “We determine live-ness like no other face recognition security can do.”

Face verification is used in many companies in order to confirm the identity of users. The challenge is there are many threats to live face identity verification including the replication of a face, recording a face and/or corrupting files. iProov has solved this problem with their patented Flashmark technology. By recording a live face using a series of color sequences that cannot be duplicated, they have become the world leaders in face authentication. With one of their largest clients being the US Department of Homeland Security, iProov is a trusted option if face verification is a need you have.

Learn more about iProov here.

5. “We are not in 2012 anymore, it’s all about developing software faster.”

Like you, Kinetise has realized that mobile apps will continue to eat the world. Even though mobile apps are gaining more and more momentum, they are still facing a couple very big challenges: time and cost. It can cost over $30,000.00 to create a mobile app and the time it takes can be longer than 6 months. Kinetise has developed a way that allows you to create your own mobile app in only minutes by using their drag and drop editor. This feature also means you don’t need to code and dramatically decrease the cost of custom app development.

Learn more about Kinetise here.

6. “Take control of your data.”

Piwik Pro offers integrated marketing suite that can be deployed on your own premises and allow you to be GDPR compliant. Their platform includes Analytics, Tag Management, Personalization and Customer Data platform modules. They have been incorporating privacy by design long before it was mandatory and ensure their partners retain full data ownership.

Learn more about Piwik Pro here.

7. “Qvistorp fundamentally changes how corporations assess new strategic business opportunities and evaluate growth strategies.”

Have you ever listened to a great sales pitch and thought, “Just give me the facts.”? Qvistorp has developed a process that collects the data out of a project from programs such as Excel, Word and PowerPoint, and puts all the data in one integrated tool to determine which projects should be invested in and which ones could be put on hold. With a team that can focus on analysis, transparent and fact driven decision making and no longer investing in projects simply because of a great sales pitch or sharp presentation, companies can now have the data and cold hard facts, therefore creating a dramatically improved return on investment.

Learn more about Qvistorp here.

8. “Artificial Machine learning has changed the way we work in finances and accounting TODAY.”

Many companies believe that AI is the way of the future. What SMACC has realized is that it is the way of today. They have become a leader in applying AI to automate finance and administrative processes in companies. An example of this is found in invoicing. Invoices can be time consuming, expensive and prone to errors. SMACC’s auto invoice has seen a 95% cut in time, a decrease from 5 euro to 1 euro in expenses, and an error rate of less than 1%.

Learn more about SMACC here.

9. “Traditional banks need to prepare themselves for the next generation of entrepreneurs. Partnerships with fintech is the key to bank survival.”

Let’s face it: it is a difficult time for banks. We are living in a world where everything is accelerating and businesses are facing challenges such as accounting, invoicing and developing customers within a millennial anti-establishment generation. In order to overcome these challenges, Younify has created an incredible invoice processing solution. Younify’s service can be utilized by banks to allow their clients’ invoices to come into one location on the banks customer portal. The data such as due date, amount owed, account number and address can be pulled off of the invoice and paid with one click. Why make your clients pay all their bills individually and hunt for all the important data when you can let Younify can do it for them?

Learn more about Younify here.

10. “The focus is on customer experience. You must always deliver the best experience for your customer.”

“For accounting press 1. For customer service press 2. For English press 3. To speak to an agent press 4. To repeat this menu press 5.” And then you press 3, only to be put on hold for 5 minutes and transferred to two other people before you finally get your questions answered. We all relate to that struggle which is why just reading that is frustrating! Dial Once has developed a way to actually care for your customers. They understand that nobody wants to sit through the automated voice and elevator music they are expecting when they call your company, so they developed digitized phone calls. Imagine calling your bank and instead of a voice greeting you, a menu on your smartphone pops up allowing you to touch select where you need to go. You can have wait times given right on the screen and, at any time, press for an option to speak to a customer representative. Dial Once brings us a solution that finally makes me want to call my credit card company.

Learn more about Dial Once here.

At The Heart, we have determined that, in the competitive market of Digital Transformation, these companies are among the top and are ready to scale. They have proven themselves by overcoming the initial challenges the market offers and are beginning to see incredible success throughout Europe and around the world. As you assess what your organization needs in the area of digital transformation, these companies can help, and perhaps you can continue to develop the future together.

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