Most major companies are already using process automation tools to become more efficient and save money on labor costs. Any manager needs to be fluent on the scope of automation solutions and reduce manual work.
Before we share our comprehensive list of process automation solutions, we will explain why they are important now and classify them.
2 reasons explaining why are process automation tools are relevant now
1- Scope of automation is increasing. While most major automation projects in 2000s involved IT system upgrades, currently there are numerous tools to automate tasks on a myriad of systems. Improvements in machine vision, OCR and machine learning enabled bots to understand user interfaces and perform actions.
2- Automation has numerous benefits: This is obvious but still it’s the most important reason why automation is now and will remain relevant.
- Reduce manual processes
- Reduce errors in critical data-entry routines like email-marketing programs. Everyone cringes when you accidentally send out newsletters with outdated pricing information.
- Increase process execution speed which improves customer experience. For example, your customers loan applications can be approved automatically rather than waiting for a day for approval.
- Create information transparency which makes it easier to hold individuals accountable for their responsibilities.
These are a summary of the benefits of automation, for more please see our guide on benefits of automation.