Why Wovex?

Modified on Tue, 07 Nov 2023 at 01:58 PM

The team at Wovex are constantly talking to people just like you.

Whether they are a portfolio manager in an Enterprise or a specialist benefits team in Government, when we ask how people are managing benefits realisation, they almost always say it looks like this:

  • Incontistent materials are pulled together in Word, Excel, PowerPoint or Visio.
  • The process is hard work because it relies on their own knowledge and experience at fighting with the tools and not everybody has access to the information they need.
  • More often than not a lot of people who need to be involved have not mapped, tracked or reported benefits before.
  • Benefit maps and data are kept separate in Excel and Visio, and nobody really knows for certain which is the latest version.
  • There is a lot of copying and pasting into other documents.  The focus is more on simply getting documentation together, rather than helping to drive better decision-making. 
  • The number of people involved in a process to approve and influence plans is complex and changes all the time.  
  • To agree on measures and start tracking and reporting anything is a very slow process and inconsistent from project to project. 
  • And last but not least, if one of the team has some expertise and is holding this process together when they  leave then no one remembers how the process works and everyone starts from scratch again on the next project.
  • In fact, 70% of benefits management time goes into creating, capturing and formatting information, whereas only 30% of the time goes into discussions and improving decision making.
  • Wovex wants programmes and portfolios, change teams and organisations to focus on what will really make the most difference – helping to achieve Benefits in better ways.

This is why we built Wovex.

Wovex can save you up to 40% of your effort on each programme, because the whole process is centralised, as is the information and access. Also the responsibility to manage benefits is spread across the organisation with easier access and engagement in the data capture and resulting insights.

Wovex offers an easy approach to managing benefits, delivering greater value and meeting all your targets and Key Results.

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