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Strategic Automation for Revenue Collection Efficiency: Insights from Global Tea Factory, Bushenyi District, Uganda

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  • Zula Mugala

    (Postgraduate student, school of Business and Management, Kampala International University)

  • Tom Ongesa Nyamboga

    (Lecturer, School of Business and Management, Kampala International University)

  • David Ongabi Nyambane

    (Lecturer, School of Business and Management, Kampala International University)

Abstract

Effective revenue collection is a critical success factor in the tea manufacturing industry, where it is inextricably linked to strategic automation initiatives that drive operational efficiency and earnings optimization. The synergistic relationship between revenue collection and automation is pivotal in determining financial performance and profitability, as automated systems enhance accuracy, reduce manual errors, and facilitate real-time financial tracking. The purpose of this study was to establish the influence of technology and automation on revenue collection of Global Tea Factory located in Bushenyi district in Uganda. The study was anchored on transaction theory. The study employed a quantitative research approach and was guided by a correlational research design. The target population for this study consisted of 299 staff from the production company from whom a sample size 171 was obtained using Slovin’s formula. Quantitative data was collected using self-administered questionnaires. Piloting was done to the test the questionnaires for validity and reliability. Collected data was analyzed using both descriptive and inferential statistics with the help of SPSS version 26. The findings from simple linear regression indicate that there was a significant positive relationship between Technology & Automation on Revenue Collection (t=7.800, p=.000,

Suggested Citation

  • Zula Mugala & Tom Ongesa Nyamboga & David Ongabi Nyambane, 2024. "Strategic Automation for Revenue Collection Efficiency: Insights from Global Tea Factory, Bushenyi District, Uganda," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(10), pages 2082-2098, October.
  • Handle: RePEc:bcp:journl:v:8:y:2024:i:10:p:2082-2098
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