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Home Personal finance

What are the top 3 strategies for business automation?

If the last few years have taught businesses anything, it’s that productivity and management can be key when navigating the ever-changing needs of the modern workforce. As a result, more and more companies are beginning to consider how automation can be of benefit - and the general sentiment is looking positive. As automation can help reduce outgoings, increase function and improve work/life balance for employees, it may be time to put some business process automation into practice.

by The FINANCIAL
January 19, 2023
in Personal finance
0
What are the top 3 strategies for business automation?

Brainwork. Group of young interracial focused people discussing schemes and diagrams standing at large table while working on project in office

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1. Business Process Automation (BPA)

When you want to optimise the functionality of your entire business, Business Process Automation can be the best strategy to implement. This focuses on making use of software applications that perform recurring tasks across entire professional workflows.

Examples of BPA include:

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  • Onboarding new employees (both national and international)
  • Operations management
  • Report generation and distribution

2. Robotic Process Automation (RPA)

RPA strategies prioritise the use of specific software robots instead and often focus on maximising responsiveness and flexibility for menial task completion. RA is the best strategy for businesses that want to improve employee productivity, satisfaction and workflow/task engagement. This is where tools like the https://unrubble.com/Features/Online-Work-Schedule-Maker can come in handy.

Brainstorming and discussion process. Photo young business crew working with new startup project. Man holding blank screen tablet.

Examples of RPA include:

  • Automated invoice creation
  • Automated account report generation, order processing and more
  • Automated marketing campaigns, split testing and content creation/distribution

3. Intelligent Process Automation (IPA)

API is the least-known strategy of the three, but it is quickly growing in popularity and use in a host of sectors. This uses AI to simulate human activity via machine learning protocol for businesses that want to increase their overall output. API allows for the speed and efficiency of RPA software to be enhanced by the flexibility and decision-making capabilities of artificial intelligence.

Examples of IPA include:

  • Historical and real-time data analysis for workloads
  • Automated data extraction
  • Automated customer service software

Why can business process automation benefit from a strategy?

Not all businesses are the same and will have different needs when it comes to their automation processes, so defining a strategy can help to ensure that you implement the tools and software that are going to work best for you. The overall benefits include:

  • Less time spent delegating menial tasks
  • Better employee onboarding processes
  • A higher employee retention rate
  • A more productive working environment
  • The potential to build a stronger brand
  • The potential for faster business growth

An important thing to keep in mind when using AI, machine learning and automated software is that these pieces of tech are not designed to replace human workers in any capacity; they have been developed to offer support and faster function so that time in the workplace can be better dedicated elsewhere.

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