Did you know?
"According to the CMO Council studies, it is revealed that companies are losing 1 trillion dollars every year due to inefficient management of tasks, lack of productivity and lead management."
There is much money drained due to the above reasons, and the fact is that all these tasks can be easily automated. But, due to a lack of awareness of automation, businesses are losing revenues.
"Automation applied to effective operation will magnify the overall efficiency, and that is the first rule of technology" – Bill Gates.
It helps organizations to reduce human errors and compliant processes in terms of data security. Workflow Automation allows employees to save time to focus on the core competencies and contribute more to achieve the organization's goals and objectives.
But still, many organizations are unaware of what, why, and how workflow automation helps. This guide helps in demystifying workflow automation for businesses.
Put on your seat belt for a long drive!
What is workflow automation?
Why you should utilize workflow automation
How to automate common business workflows?
In today's competitive world, organizations are focusing on highly agile, error-free business processes. They depend on the most innovative workflow automation platforms to improve their overall operational efficiency and productivity. The main idea behind automation is to decrease the human interventions from the execution.
What is workflow automation?
Workflow automation identifies tasks performed by the employees and automates these tasks using the tools, applications, and technology. The lead management, data inputs, sales follow-up emails, and even human resource management and the marketing segments. By switching manual tasks to a self-operating workflow process is nothing but workflow automation.
There is a variety of reasons why businesses are adopting workflow automation. Let's consider a simple example:
Let's say if an employee enters data and spends around 1 hour a week entering data. If their hourly wage rate is $60, quick math will tell us how much it costs each week.
The Automated workflows then could help save a lot while keeping the employees happy on the other hand. Apart from the data entry automation, there are many businesses can do with automated workflows.
What are the standard business processes that can be automated?
Business processes, including marketing, HR management, finance, IT, Sales, and operations, can be automated using workflow management. Here are some imperative automation possibilities for businesses to attain their goals by automating the workflows.
Marketing automation
The workflow automation enables the marketing tasks automation that is assigned and managed daily. It helps to integrate the email marketing campaigns within a few clicks. Besides, several manual recurring tasks in marketing can be eliminated, and errors can be averted using workflow automation. The process is not just about the online business but also suitable for companies of all sizes that aim for better ROI. Companies can build relationships, get feedback, lead nurturing and improve user engagement.
Human Resources Automation
When it comes to onboarding and conducting employee training, the HR processes must be efficient and consistent. Manual operations are highly time-consuming, and automated workflows are a significant asset to depend on the business. The real-time information of the employees related to the insurance systems' medical benefits or expenses needs to be accurate. But this is not possible using the annual methods. By automating the HR operations, the engagement of the database is accurate and efficient, which saves time.
Automation of accounting and finance processes
If human errors are causing a significant interruption in accounting and finance operations management, right from the approvals of pending, calculations, travel expenses moderation, and other things can be automated in a better way. When workflow automation gets implemented, the actions can be monitored without any interruption.
Why should you utilize workflow automation?
Exciting Benefits of Workflow Automation
Every business tries to improve the efficiency of the overall processing of workflows and expects to reap good benefits. However, it is tough to improve efficiency and effectiveness when stuck with a tedious manual workflow.
Know how you can improve your business process workflows' overall efficiency and effectiveness by automating workflows.
Accelerate the task management
Workflow Automation software can help you fasten the key processes and improve the overall efficiency. It avoids postponements and reduces the delivery time in any organization.
Well, let us help you understand this benefit with a short example,
A company has many manual data entry processes in their Workflow, which took much time to complete and validate the information captured or entered in the forms.
Using the best workflow automation software, the forms can automatically populate the information from the integrated database and fill them out. The auto-validation validates the information captured in the documents, which can ensure that the data is correct. As a result, it prevents delay and improves the efficiency of the workflows.
Reduce workforce costs
More than one-third of the businesses are successfully reduced the labor costs by automating workflows with the top workflow automation software. Automation simplifies the administration and cuts down the repetitive tasks, which decreases the labor hours. As a result, companies can lower their staffing costs.
It helps in avoiding critical errors.
Though your company or organization is well managed, you can't escape from human errors. It is impossible to anticipate what and why that error happened and fix it with another investment. Human errors cannot be eliminated in the workforce but, you can avoid such mistakes with business workflow automation software. The software helps you integrate with the most effective applications that support automating workflows and business processes, and it helps reduce errors in the overall process.
Time-saving
With the help of Automation Software, every employee is responsible for their own time and completion of responsibilities assigned to them. It promotes transparency at work and cuts down the time spent on micromanaging the tasks and staff. Monitoring the progress makes it exceptionally easy to get the most out of the productivity at every stage of a project that saves a lot of time and effort.
Cross-system integrations
Workflow automation software is generally cloud-based, which comes with interoperability with the other apps. They are usually compatible with the API and the tools like Quickwork. Cross-platform integrations can help your business to automate and integrate the apps seamlessly to simplify your workflows.
Simplifies operational processes
The time spent on your team's manual processes, like collecting the details, increases the overall time frame of the particular project. By using automated business workflows, you will have the ability to simplify the general operational processes and also help in reducing the costs and time associated with the project.
How to accelerate your workforce with a Business workflow automation platform
By determining the key areas, your business workflows and processes can be simplified and improved using the best workflow automation platform- iPaaS in 2021 and beyond. It helps in enhancing the overall productivity, consistency and increases the business profits. We suggest you choose the no code model from the above trends. It gives you the flexibility in developing the new builds to automate workflows, establish better collaboration, efficiency, and improve the overall performance of your business process workflows.
Integrating the technology and automating the workflows is the key to accelerating your entire workforce on the success lane. Don't give much time to your hesitation; think about staying competitive and improving your quality and business process. Take your first steps towards automating workflows, which is the future of businesses today. Learn more about Quickwork- the best workflow automation software to help your business integrate and automate the workflows. Connect with our automation experts to give your workflow automation a competitive edge.
