A well-implemented, modern Codification System brings a long list of benefits for the entire organization.

All of the benefits can be grouped into four main categories:

• Standardization.
• Effectiveness.
• Efficiency.
• Quality.

Standardization:

• Rationalize codes and the process of creating codes.
• Apply common rules to the entire organization.
• Harmonization of the code designs.

Effectiveness:

• Improve communication by avoiding duplicates and multiple references.
• Executive summaries and KPI become more readable and avoid misunderstanding.

Efficiency:

• Break silos.
• Avoid or resolve conflicts among different departments and teams.
• KPI can be created efficiently thanks to the smart classification intrinsic in the code design.
• Business Intelligence can operate more efficiently due to the build-in information available in each code.

Quality:

• Reduce human errors by avoiding relying on open fields (i.e. descriptions) for classification purposes.
• Improve the quality of products by reducing production issues due to bad codification.

Specific documentation about benefits and reasons for implementing a modern Codification system is available on the documentation page.