Business Process Automation: Running a Successful Business in the Digital Age
Business Process Automation. Only a few short years ago, the thought of investing and implementing automated processing to your business was uncertain. As a business owner, considering the cost of transitioning, training and maintaining new automated processes seemed risky. Could automated systems really save companies money and increase revenue? Fast forward to today and the answer is undoubtedly, yes! Today, more than ever before, businesses must discover new ways to reduce overall costs, while increasing efficiency and saving time in order to remain relevant and competitive. To achieve this kind of cost-savings and increased efficiency, business process automation is key.
Why is Business Process Automation so important?
Business process automation is important for businesses of all sizes to consider, small or large. For any business to continue doing things “the way they’ve always been done” means losing out on opportunities to refine processes for more effective processing and also missing opportunities to cut business processing costs substantially.
Business Process Automation Statistics
According to a survey conducted by Redwood Software, 300 corporate managers reported that “79% of enterprises said automation delivered time savings, 69% cited improved business productivity as the key benefit to [business process] automation, and 61% said automation regularly provides cost savings.” Additionally, a survey collected by Brother International Corporation found that, “the average US office worker loses up to 38 hours per year simply looking for misplaced office items.” Once you begin researching the benefits of business process outsourcing, the areas of your business to which business process outsourcing can be applied are nearly endless.
Understanding Business Process Automation
Business Process Automation has the potential to be highly successful based on choosing to automate a business process that must be repeated regularly and for a long period of time, such as payroll, invoicing, third party billing, Electronic Data Interchange (EDI), check printing and/or check writing, barcode labels, rebate processing, etc. For example, because a business uses certain processes, such as billing and rebate fulfillment, this business knows they will need to process third party billing and rebates for an undetermined amount of time. Knowing this allows a business the opportunity and cost-savings associated with agreeing to a long-term Business Process Automation contract.
Finally, one of the most favorable benefits of choosing Business Process Automation is being able to partner with an expert that has worked to refine their processing expertise over time. Their investment in cutting-edge technology and streamlined processing now becomes an asset to your business. One you did not need to invest in, which offers even more savings to your business. According to Vinod V. Sople, Author of Business Process Outsourcing: A Supply Chain of Expertises, “In Business Process Automation, the outside provider not only takes on the responsibility to manage the function or business process, but also re-engineers the way the process has been traditionally done. The next generation of business process automation has emerged as a priority for businesses looking to better options in managing their application [business]…Business Process Automation saves precious management time and resources and allows focus while building upon core competencies.”
Meet Integration, Inc.
Integration, Inc. is an industry-leading business process outsourcing provider specializing in business process automation services, such as Electronic Data Interchange (EDI), check writing, check printing, check processing, rebate processing, barcode labels and third party billing to thousands of companies across the globe. As a primary business process automation outsourcing provider, Integration’s goal is to empower all its client’s to focus on their core areas of expertise, while leaving the business process automation services to our team of experts. This is accomplished by supplying excellent business process automation services that enhance your company’s ability to provide increased reliability and cost savings to your customers. Integration enables your company’s success by providing a complete IT outsourcing solutions for business process automation. As a result, this allows your organization to respond rapidly to changing business environments, while meeting your customer’s needs consistently and in a more cost effective manner.