Benefits of Business Process Automation (BPA) – Guide
Old movies wonderfully show how different everyday business life used to be. Handwritten messages on desks, voicemail boxes flashing, closets filled to the brim, managers rushing from room to room to solve a problem. In the past, everyday office life was a little more lively, but also often unmanageable and time-consuming. It was much easier to lose important documents, lost notes and unanswered voice messages with little accountability. With the advancement in technology systems and the advent of business intelligence, organizations have managed to eliminate many of these non-optimized practices. Although phones and notes are still used to some extent, paper documents were, in many cases, fully digitized. BPA improves compliance so companies don’t break regulations and face hefty fines and fees – it also applies controls to an organization to mitigate fraud and theft within an organization. can also speed up up processes, so work gets done faster and with fewer repetitions. For example, consider software that tracks the approval of an order by different managers, as opposed to an employee asking their managers for approval one at a time.
Benefits of Business Process Automation (BPA)
Almost all business processes can be automated to some degree today. Most can be heavily automated. Research firm Gartner indicates that 89% of general accounting operations and 72% of financial control and external reporting can be automated. Business process automation tools simplify task automation. They often include templates your team can follow to automate common processes within and across industries, with benefits like:
Final note
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