One of the most promising solutions available to companies today is process automation. Process automation allows companies to improve how all the business processes are managed, solved, and delivered. Especially in today’s reality, when most processes have been moved to a digital environment due to the pandemic, there is a real need for automation and digital transformation.
According to WorkMarket’s 2020 In(Sight) Report, process automation is liberating workforces from outdated business models. It says:
- 54% of employees believe they could save 240 hours annually through automation;
- 41% of business leaders are currently using workforce automation technology;
- 61% of business leaders believe that automation can be very easily utilized in their industry and jobs within their industry in the next 12 months.
What are the Benefits of Implementing Process Automation?
- It improves business agility;
- It leads to lower costs and higher revenues;
- It makes the company more efficient;
- It guarantees better management for all levels;
- It ensures safety and security for an organisation.
What Types of Process Automation Do We Implement?
Automation differs and varies depending on the industry. Still, some solutions we implement are Business Process Management Software and Function-Specific Automation. Let’s get into it.
BPM software
Business process management solutions allow automating routine manual business processes, managing the company’s costs, and making daily processes as efficient as possible. As a result, companies are able to identify and eliminate bottlenecks.
It is beneficial for any business industry including, but not limited to, FinTech, Education, Real Estate, E-commerce, Logistics, and others.
Function-Specific Automation
Automation of specific processes and functions empowers departments such as Finance, Accounting & Auditing, Human Resources, Sales & Marketing, and Tech Support with greater performance growth.
For instance, for one of our clients, in order to reduce the resources required to accomplish an invoices audit, we developed automation of invoice auditing. We developed an automation system that helped minimize the risk of manual mistakes as well as decreased the time and resources needed for invoices review.
Moving on to Process Automation
As we are heading to the year 2021, more and more businesses are moving on to digital-first technologies. Not only are organisations in need of digital transformation and automation of business processes, but also they need to maximize efficiency and revenue. If you want to know more about how to implement process automation for your business, send us a message.
