Could Business Process Automation Help You?
Chances are, even as far as technology has come, your job couldn’t benefit from business process automation. But something you do on a regular basis probably could. According to a 2017 McKinsey Global Institute study, less than 5% of all occupations are candidates for complete business process automation using current technologies. However, the same study estimates that nearly 50% of all current tasks humans perform could become automated using already-existing technologies. Okay, so what does that mean for us, the people whose tasks could become automated? The answer is, a few important things.
Business Process Automation Doesn’t Have to be All or Nothing
It’s important to ask if a semi-automated workflow could improve your team’s productivity and/or the quality of the tasks performed. Perhaps you could free up time to focus on important tasks and leave less important ones to business process automation. Really, it’s worthwhile looking into which of the tasks you and your employees do on a regular basis could be automated. Whether in whole or in part, by what technologies, and how hard those automations would be to set up. After all, just a little bit can go a long way.
The Importance of Cost Benefit Analysis
In terms of strategy for organizations, a good ‘ole cost benefit analysis is always a good starting place. Of course, you’ll want to know how to get the most ‘bang’ for your buck. But most importantly, the potential for workflow automation means you and your teammates can be freed up for other, potentially more valuable, tasks. What has your department or company wished it had the time and resources to do? Investing time in business automation can be a good strategy for organizations. It could now be the answer to making many wishes become reality.
Are you enjoying this tech talk? If so, consider reading our blog on cloud computing.
Article written by Erica Bass
Last updated March 10, 2023
