Overcoming Business Challenges With Process Automation
Process automation can provide your organization with a number of benefits. The most notable?
- More productivity
- Faster workflows
- Less expensive procedures
And the more you automate, the more you stand to benefit. Here’s a deeper look.
The Problem With Manual Business Processes
Most of the processes that keep your business running have manual traditions. While those processes may be sound (and may even be crucial to your company’s success), they may actually be holding you back.
So – how can something be essential, yet problematic?
Most have to go through several different people – or departments – before they’re finished. This involves lots of emails (or snail mail), phone tag, and uncertainty.
You need to have your people, your projects, and your transactions all on the same page.
Sharing Data to Eliminate Silos
According to Deloitte, many companies that don’t yet have automated workflows have a patchwork of disparate applications. These technologies don’t talk to each other, and there’s often a duplication of effort. In these cases, technology doesn’t ease the workload – it only makes it harder to collect data and achieve meaningful insights.
More time (and money) spent collecting information, unnecessarily high cycle times, inconsistent quality, and impaired agility.
Not exactly a recipe for success, but this is commonplace for businesses that have been unable to eliminate silos.
When Organizations Grow, So Do Their Processes
There’s also the issue of growth. As companies grow, employees take on larger workloads. Sometimes, companies do hire additional employees to help scale operations – but that’s always at a cost. Employees have to be recruited, trained, and brought up to speed on a company’s (often complex, and often poorly documented) internal processes. And if two companies merge together? It’s an ever larger tangle of procedures to consolidate.
One Way to Reduce Business Process Costs by as Much as 30 Percent
Deloitte also notes that automating workflows can reduce costs substantially. For a typical organization, that figure comes in at around 30 percent. That comes primarily from time and resources saved, although there’s also the matter of accuracy. Never having to go back and correct a wrongly completed process means more efficiency – and more benefits.
Repetitive Processes are Easier to Report
McKinsey brings up another benefit of automated processes. Workflows that are automated are less prone to variance and error, and easier to report. Regulatory compliance and auditing are less of a hassle when you have complete paper trails.
Let IntelliChief Help You Capture These Benefits With Process Automation
At IntelliChief, we can help you capture the benefits of automated processes with our ERP-integrated workflow automation software. It not only helps you speed up your processes and complete them more efficiently, but it also lets you streamline collaboration from end to end.
In addition to reduced costs, our customers can achieve:
- A high level of flexibility for ever-adapting processes
- More accurate data
- Higher levels of employee engagement (as they are able to spend less time on repetitive work and more time on creative initiatives)
- Faster project and transaction cycle times
- Increased throughput
- Increased customer satisfaction
- Effortless regulatory compliance
To explore the solutions that make these benefits possible, contact IntelliChief. We’ll show you what process automation can do for your business – and just how easy it is to achieve.