Importance of digitization in business

A notable case of the advantages of digitization is the possibility of obtaining financing online in a simple way, without having to go to a bank branch.

How does the digitization process of a company begin?

The digitization process of a company is one through which it, through the adoption of technologies, tools and the creation of digital ecosystems, seeks to increase the value it provides to its customers. Thanks to the new tools, it is possible to generate innovative solutions and improve the consumer experience.

The importance of digitization lies in its great capacity to generate tailor-made solutions for new problems, and its adaptability to change. In this sense, it allows to increase the competitiveness of a company thanks to qualities such as:

• Task automation.
• Big Data analysis to improve services and optimize processes.
• Flexibility in the forms of collaborative work.
• Better distribution of tasks and administration of Human Resources.
• Reduction of costs due to physical procedures or administrative redundancies.
• Ease of internal and external communication of the company.
• Streamlining of different tasks and procedures.

The digitization of SMEs in Mexico

The digitization of SMEs is a fundamental aspect of this transformation process, since technology represents the best tool to allow them to grow and adapt quickly to market needs. In this way, promoting the digitization of SMEs is promoting the growth of the Mexican market.

However, despite all the advantages that this process implies, the Business Coordinating Council (CCE) estimates that 70% of Mexican companies have not yet digitized. In this context, adapting their ways of operating to new digital trends is still the great challenge that many small and medium-sized companies face in the future.

Online financing

One of the most notable advances in the digitization process of SMEs is the ability to speed up online procedures. A notable case is the possibility of obtaining financing online quickly, easily and with a high approval rate.

This format allows SMEs to obtain the financing they need to increase their competitiveness and boost their digital adaptation processes, through a simple online application process.

PyMEs Capital wanted to become part of this process, offering different financing options that work completely online and that offer different advantages:

• Financing plans 100% tailored.
• Response within 24 hours.
• Quick and easy to complete form.
• Payment schemes that allow debt to be settled as the business grows.

PyMEs Capital allows a company to obtain the financing it needs without having to waste time and resources in face-to-face procedures. In this way, more SMEs will be able to take the first step to join the digital transformation.