Business Process Automation
Save Your Valuable Time And Automate Mundane Tasks
What Is Business Process Automation?
Business process automation (BPA) is a way to use software to automate repetitive tasks that are part of a business process. For example, if you have to manually enter data into a spreadsheet every day, BPA can automate this process by automatically entering the data for you. This can save you time, reduce errors, and make your business more efficient.
52nd Solution can help your business implement BPA by building/providing software that automates your business processes. We can work with you to understand your unique business processes and identify tasks that can be automated. We can then provide software that automates these tasks and integrates smoothly with your existing systems.
The benefits of BPA include:
Improved consistency, and
By automating repetitive tasks, you can free up your employees to focus on more important tasks. This can help improve employee satisfaction and reduce turnover. BPA can also help you identify bottlenecks and inefficiencies in your business processes, allowing you to make improvements and optimize your operations.
One example of automating a business process with cost savings is automating the invoice processing process. Traditionally, invoice processing involves manually entering data from paper invoices into a company’s accounting software, which can be time-consuming and error-prone. By automating this process using software, companies can significantly reduce the time and cost associated with invoice processing.
According to a study by Ardent Partners, the average cost to process an invoice manually is $19.50 per invoice. However, by automating the process, companies can reduce the cost to process an invoice to as low as $3.00 per invoice, representing a cost savings of approximately 84%.
For example, let’s say your business processes 10,000 invoices per year. If your process these invoices manually, it would cost you $195,000 per year. However, if you automate the process, it will only cost you $30,000 per year, resulting in a cost savings of $165,000 per year!
This example demonstrates how automating a business process can lead to significant cost savings for your business. While the initial investment in automation software may require some upfront costs, the long-term benefits can be substantial and far outweigh that initial investment.
Overall, 52nd Solution can help you achieve BPA for your business to become more efficient, productive, and profitable. This helps your business stay competitive in an increasingly digital world.