For those businesses that want to lower operational costs, the idea of adopting Business Process Automation (BPA) has become one of the top solutions. The incorporation of software applications, integrating applications and restructuring manpower throughout a company or institution is the general definition of BPA. There are three primary methods of delivering Business Automation Applications.
- Extension of BPA to existing IT systems. Most IT systems are intrinsically automated. By linking BPAs to these existing IT systems, you are able to obtain the desired automation. In this way, automation can be designed especially for that organisation’s needs. The downside is that it is difficult and time-consuming to train or find qualified people both internally or from outside.
- Purchase a specialised BPA tool. As BPA utilisation becomes popularised, many specialists in different fields are providing BPAs that are purpose-built for specific needs of an organisation, such as monitoring social media trends. Many of these types of BPAs come with easy to use interfaces that allow “non-technically qualified” staff to operate it. This saves the company time and money since they don’t have to train them in its use.
- Purchase a BPM solution that comes with BPA extensions. Though Business Process Management (BPM) systems are very different from BPAs, building automation “on the back of” BPM is achievable. This solution’s benefit is also its drawback. A BPM model delivers a structure for all functions in the organisation to be mapped, but this also causes delays in individual processes, making whatever benefits you would expect to be lost or decreased in the meantime.
Seems like every industry known to man is becoming automated these days. And as 2017 turns into 2018, this trend of automation will only gain in speed and popularity. Even now, the world of media has seen the rise of the “journalists that never sleep.” Even social media platforms are seeing AI taking control.
Here is a quick glance at three trends in automation.
Medical Practice Management Software
Medical Practice Management Software (PMS) is a form of healthcare software that automates the daily operations of hospitals, clinics and even dentists’ offices. Patient demographics, scheduling or patients’ appointments, and billing are now done by PMS.
AI Financial Services
One big trend that is set to really take off is the use of AI in banking. Though AI isn’t new to the realm of banking, most banks and credit companies have been slow to adopt it. But as data continues to increase, these institutions that were once fearful of using AI (primarily of failure) are finding a greater need for it in today’s financial market. AI has the power to further personalize banking for consumers as well.
Soon Our Taxes Will Be Done By Automated Machines
People may want to reconsider pursuing that lucrative accounting career once they realise that automation is fast adapting to the world of accounting. In a recent study, 1/3 of accountants now play different roles other than what they were hired for. Imagine taking your calculator and applying an artificial brain to it: it’s called “computerized accounting.” Whatever you call it, the benefits are far better accuracy, better access to data, reliability and amazing speed, only to name a few.
How Automating Your Business Be Advantageous
One of the greatest virtues of business automation is the reduction of human involvement in mundane activities such as clerical tasks. Customer data, creating reports, payroll and work schedules are only a few examples of how automation is changing the workplace. Some automation allows those who don’t have much computer experience to create compelling presentations and even websites with the click of a mouse. Storage space can be greatly reduced for information systems through automation by speeding up data retrieval and allowing employees to access the data simultaneously.
Some Office Automations Come With Disadvantages
As with anything new, there are some disadvantages to introducing automation to any longstanding SOP. Some companies find that senior employees find it difficult to adjust. Less skilled employees may find it intimidating. Ancillary training can become time-consuming and bog down workflow.
Nevertheless, this is why purchasing specialized Business Process Automation has become more popular among SMBs. Usually, such BPAs have simple interfaces and very affordable monthly rates. Take website building/designing, which takes a certain set of skills in order to do, along with costing you thousands of dollars. By using automated website builders, even those who have no knowledge of code can simply “drag and drop” a website together.