Here’s how BEE123 helped Vumatel achieve Level 4 B-BBEE compliance, with a drive to long-term improvement
Overview
Vumatel is a Licensed Infrastructure Service Provider that builds high-speed open-access fibre networks for homes and businesses across South Africa.
Challenges
Vumatel’s commitment to driving transformation was not of the same calibre as their highspeed fibre networks. Instead, the company faced many organisational challenges that obstructed its road to compliance.
- Monitoring: There was no process or system in place to measure the company’s transformation.
- Reporting: The company had several reporting requirements which were completed manually. This led to unaccomplished tasks and minimal capacity for strategic application and adjustments.
- Benchmarking: There was no structure around the company’s initiatives and timelines that created ineffective and disrupted workflows.
Solution
TRANSFORMATION MONITORING
Tracking and Reporting Technology: To remediate the company’s lack of transformation monitoring, the company adopted BEE123’s software that has enabled them to proactively track its transformation progress.
To drive efficiency and relieve the company from its administration burdens, BEE123’s sophisticated reporting tools eliminated manual drudgery and provided a proactive transformation view with real-time dashboards.
Reviews: To measure the company’s transformation progress and to ensure that initiatives and strategic objectives were aligned, Vumatel established a Transformation Team that participated in quarterly review sessions and was joined by the BEE123 Advisory Team.
These reviews helped to provide strategic direction and ensure that the company is following best compliance practices.
Results
COMPLIANCE ACHIEVEMENTS
BEE123 started working with Vumatel in 2019. Since then, the company has made significant progress by surpassing its non-compliance status, to a current B-BBEE Level 4.
Achieving long-term success
BEE123 is committed to enhancing Vumatel’s transformation and will continue to guide the company’s efforts in achieving these goals.
