Did you know that businesses across the United States lose $37 billion every year from human error? Human error is costly and leads to most business inefficiencies.
Luckily, technology has made it easier to automate business processes that are prone to human error. In fact, various tasks can be automated these days.
What are some digital transformation strategies that your business can implement to automate processes? Keep reading to find out.
Introduce Advanced Notifications
One of the best digital transformation strategies is to introduce advanced notifications and alerts. Decision-makers don’t have time to monitor and react to software changes.
A better way to monitor business applications is through email or SMS alerts. Both internal and external recipients can receive these data changes.
These are the notifications you can implement:
- Inventory control
- Credit control
- Support team upgrades
You’ll be alerted about stock levels, approaching credit limits, incomplete sales records, etc., when you implement this.
One of the most popular ways to automate business processes is through central integration. Businesses tend to run different software programs that don’t connect.
When you opt for IFS implementation, you bridge the gaps between applications that cause inefficiencies and weaknesses.
When systems work together, you have a central spot for business data. This allows different departments to catch any duplicate data.
Depending on the software your business uses now, you can choose from a variety of different integration scenarios.
Automate Reports and Documents
You can increase efficiencies in business with report automation. Business reports and documents are a critical part of department analysis.
This allows your team to assist in improving management and decision-making.
Manual reports are time-consuming and error-prone. Report creation also requires data from different databases.
When you integrate your system, you can easily automate reports. You remove repetitive administration reporting procedures while ensuring compliance.
The visibility of data is improved and you can create documents with reporting tools using real-time statistics.
In-house reporting tools can complete the following tasks:
- Automate stock management reports
- Automate financial reports
- Automate sales and marketing reports
- Automate credit control documentation
Make sure your reporting tools integrate well with your other systems.
Optimize Employee Workflow
You can benefit from improved organizational communication by optimizing employee workflow. For employees to perform better, you need to enforce an approval process and approval workflow engine.
Workflow authorization is manual. However, it works when multiple authorization levels are required. Create a plan that is unique to your business.
These are some common authorizations to consider:
- Single/multi-level workflow
- Price change approval
- Purchase order
- Expense approvals
With these processes, you can provide employees with a controlled workflow.
Digital Transformation Strategies to Try Now
There are a lot of business tasks that can be automated these days. Using these digital transformation strategies, you’ll find that automating business processes is a matter of a few steps.
Use notifications, integrate business systems, automate reports, and optimize employee workflow to increase efficiencies.
For more business articles like this, check out the other posts on our blog.