Executive Q&A: Eric Wold, Vice President, Datatech-SmartSoft
Datatech SmartSoft VP Eric Wold offers creative ideas and strategies to help printers grow and profit from changes in the industry.
Q: Tell us about your company, the segment of the market it serves, and who you consider to be your core users.
A: Datatech SmartSoft is leading provider of workflow management software; providing data hygiene, mailing software, and print workflow solutions to thousands of customers across a wide variety of industries and services —from commercial printers to government agencies, financial institutions to national printing franchises.
In 2009, Datatech SmartSoft acquired PressWise, an end-to-end print workflow system designed to replace the need for printers to purchase separate Web-to-print, production workflow management, print MIS, and mail preparation software. PressWise offers an all-in-one, browser-based workflow system that handles all shop orders, from point of entry to shipping and fulfillment.
PressWise is ideal for any print service provider looking to reengineer their workflow to leverage the benefits of cloud computing and remove as many touches from the work process as possible.
Our customers range from smaller shops of fewer than 10 employees to larger commercial printers with more than two hundred on staff. All have benefited from greater productivity, faster turnaround times, and higher margins as a result of a more efficient workflow.
Q: What is your background and how did you get involved with your company?
A: A serial entrepreneur, business consultant, and former printer, I created PressWise in 2003 to help manage my growing digital print fulfillment company and the product continued to grow and evolve with the company. In 2008, I launched the PressWise Software-as-a-Service product to the wider industry, and the following year PressWise was acquired by Datatech SmartSoft.
Q: What do you consider to be your greatest achievement in this market?
A: Challenging two ideas that seem to have taken root. Firstly, that only big companies with a staff of developers and a big budget can participate in automation. PressWise works on an SaaS pay-monthly model, with no annual contracts, and is very competitively priced, making it affordable for just about any size printer.
Secondly, that Web-to-print is something that only works for a few select customers on your client list. PressWise customers are successfully rolling out storefronts across their client base, taking advantage of the unlimited storefronts that PressWise offers.
Q: If you could change anything, either about your career, your company, or the market as a whole, what would it be and why?
A: I would cure procrastination. Every printer knows that the business has changed and they need to evolve to survive, but we keep seeing companies fail that could have made it if they would not have spent the last few years in ostrich mode.
Q: What do you consider to be the greatest challenge for the industry right now?
A: Redirecting labor from non-value-added processes to value-added processes. Stop throwing bodies and payroll dollars at mundane tasks like order processing, writing quotes and job dockets, and endless production meetings. Clients don’t pay for these activities, so the less time you spend on them, the better off you will be.
Q: What do you consider to be the greatest asset for the industry right now?
A: Marketing know-how and the accumulated trust that our clients place in us to help them accomplish their objectives. We need to be on the leading edge of helping our end clients evolve and survive in the changing landscape of modern communications or this asset will erode.
Q: What do you consider to be the biggest changes to the way we communicate with one another in the past few years? How would you recommend that our industry take maximum advantage of those changes?
A: The present changes are not about the transition from offset to digital, even though a lot of that is going on and we can profit from it. We are looking at a fundamental landscape shift in the way humans are communicating with each other. Grandmothers now use Twitter and text messages to keep in touch with the kids—or they don’t hear back from them.
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