Wikipedia defines Automation as the technology by which a process or procedure is performed without human assistance. What does Automation mean to you and your business today, and how can it help?
In terms of management, as with most things in business, “time is money” and every minute lost to tasks that can otherwise be completed Automatically, literally means a deficit in revenue.
Think of tasks that are repetitive, or that need to be completed to a schedule, Running Reports, Emailing Reports, Sending Invoices, Chasing Unpaid Invoices, Sending Reminders, Chasing Updates, Time Sheets, Updating Data … and the list goes on. These tasks and many more can easily be automated to complete on their own at specified intervals, and progress updates emailed or sent to you via sms text messaging. Through Automation, you can now go from spending a few hours a day running these tasks, to spending less than 5 minutes checking status updates on your mobile phone or email. How much is your hour worth?
Now this spells trouble for some professions, like Data Entry Clerks in the very near future. When data can be entered Automatically by your users/customers via their usual processes, and verified by Automated systems, again, there are great savings to be made here. With the potential of cutting down your number of staff to just a handful, you would potentially be multiplying your revenue without seeking out another customer.
Companies with more than 20% revenue growth are 61% automated on average, whereas those with a flat or a negative growth are only 35% automated. It’s evident that more automation delivers financial growth greater productivity.
SO HOW CAN YOU GET STARTED WITH AUTOMATION?
I’ve already got a management system, how can I automate it?
I don’t have a management system, how can I start automating my processes?
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