With the development of technology, business processes have become more efficient and practical with automation technology. For this reason, many businesses, new or old, include automation in their business management processes. In this way, they achieve more effective results. Automation technology can improve business management in many different dimensions. Of course, this has different methods and key points. In this article, we have compiled the management processes that you can use most effectively for your automation approach:
What’s the ROI of Automation?
Every business wants the return on investment made in business management to be fast and in high amounts. So, what do you think is the return on investment made in automation? More precisely, what is the ROI of Automation?
Automation technology is a system implemented or implemented quickly in many procedures, especially in multi-tasking companies. This system has actually become a method that will make life easier for small and medium-sized businesses that operate with few people.
SMEs are exploring automation technologies the best way possible, and for a good reason. According to a study, 63% of small and medium-sized businesses that use automation in their daily work stated that it helped them overcome the problems they experienced due to the epidemic. However, almost 70% of them state that automation is an indispensable process. It is effectively used for standard transactions related to customers or for general information such as campaigns and announcements. Thus, automation, which also saves time and costs, is likely to be used more in such businesses.
Best Practices when Approaching Automation
Small or large businesses have to perform many operational processes to manage their daily business management processes. These include many simple but important operations such as invoicing, debt procedures, sending documents, sharing, and stock control. With automation processes, these simple processes can be managed easily and without errors. Here are some automation practices for you:
One of the areas where automation systems are used the most is measurement and evaluation processes. With effective automation, you can measure the performance of both your employees and the machines you use and evaluate them with the data you get from here. You can follow the maintenance, malfunctions, or other requirements of the machines that play a role in your production or management activities in your business with the automation system. You can measure and compare your workflow before and after automation to see its impact. You can observe the profitability status by looking at the difference.
- Set Goals
You can automate your processes by setting many different purposes, such as sending documents, notifying, warning, and approving. For example, you can automate your processes by setting goals such as notifying your customers towards the end of the license period they have to use your product or creating invoices and sending documents by pre-accounting before payment. Using automation for these processes, which are vital for the survival of your business, will both reduce errors and allow you to follow up on your business on time.
- Rebuild Your Team
The recruitment process is a process that needs to be taken into consideration and done with an objective point of view. Although it may seem like a simple procedure, staff recruitment entails many different tasks. You will need to fill out employee information forms, hold induction meetings, hold training sessions, set up bank accounts, collect key documents and appoint advisors, to name just a few of the required actions. Without automation, the entire procedure has the potential to become extremely disorganised, which can result in:
- Never-ending documents
- Losing some things
- Dissatisfaction among employees
- Low productivity
- Non-observance of duty
When used for employee onboarding, business process automation will enable seamless transitions from one activity to the next, keeping relevant personnel in the loop and providing visibility into the status of the process.
Not only that but also daily work–task distribution and their follow-up after recruitment can be made much more organised and effective with the automation system.
- Offer a Test
Automation is heavily dependent on data. Any form of BPA, whether simple RPA systems or intelligent automation solutions, is only as good as the data that supports it. If your business has gaps in information visibility, then you cannot automate these use cases. If you depend on manual data entry in some business units, you will limit your efficiency in automating processes. If your database has errors or duplicate information, you will have to face these errors in your automation setup.
One of the biggest benefits of business process automation solutions is the elimination of employee errors for repeatable work. If your data collection and management systems are error-prone or limited, you undermine the gains you can make with automation.
- Evaluate the Outcome
After implementing automation in your organisation, you should evaluate the results and seek ways to integrate automation technologies into more automatable processes. According to Gartner’s report, basic automation technologies like RPA can save businesses 40% of their labour costs in the first years of implementation. With better, AI-based automation solutions like hyperautomation, the ROI only goes higher.
As an automation powerhouse, we’re ready to join forces to explore how automation can ease your process and increase your ROI.
There’s More Than Automation: Meet AutomMate
AutomMate’s next-level automation capabilities offer businesses the ability to streamline repeatable operations and eliminate error-prone manual tasks. With the rise of artificial intelligence and the strengthening of the digital transformation movement in manufacturing enterprises, business process automation is becoming more valuable. To take full advantage of process automation, businesses need to use not only robust software systems but also the core software technology systems that enable automation solutions to work. At this point, there is a system that will fully meet the automation process of the enterprise: AutomMate. With AutomMate, business process automation technology is available in a variety of forms and developed in a purely business-oriented manner.