5 Things to Know About Business Process Automation
Posted: Sat Dec 21, 2024 3:54 am
Not a day goes by without a headline either extolling the virtues of automation or fearing it. That’s understandable. The advancement of technology can be both exciting and terrifying. But we often forget that AI is your friend, not your enemy.
With industry analysts estimating that half of all work is engineering email list automatable , it might seem like it’s time to take action and outsource all tasks to business process automation. After all, APB can increase efficiency by 20-35% and save companies over 25,000 hours of avoidable work per year. But before you jump in, you need to look beyond appearances.
First of all, what is business process automation?
Let’s start simple and leave all the complicated terminology aside. Business process automation (BPA) is the process of automatically executing a sequence of tasks. Businesses use automated technology to transform manual, mundane, and error-prone tasks into autonomous tasks that run on their own.
What types of processes do companies automate? Processes as sophisticated as purchase orders, college admissions, and opening a bank account. Each process is comprised of a series of smaller tasks that are performed autonomously, such as data entry, approval routing, signature capture, and database management.
With industry analysts estimating that half of all work is engineering email list automatable , it might seem like it’s time to take action and outsource all tasks to business process automation. After all, APB can increase efficiency by 20-35% and save companies over 25,000 hours of avoidable work per year. But before you jump in, you need to look beyond appearances.
First of all, what is business process automation?
Let’s start simple and leave all the complicated terminology aside. Business process automation (BPA) is the process of automatically executing a sequence of tasks. Businesses use automated technology to transform manual, mundane, and error-prone tasks into autonomous tasks that run on their own.
What types of processes do companies automate? Processes as sophisticated as purchase orders, college admissions, and opening a bank account. Each process is comprised of a series of smaller tasks that are performed autonomously, such as data entry, approval routing, signature capture, and database management.