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In order for businesses to operate efficiently, they have to consolidate information inputs from multiple departments. The best way to do this and avoid inevitable human error is to automate various processes. To begin with, you should start by automating the smallest and easiest administrative processes such as your bookkeeping system. Then slowly you can start automating other processes like inventory control and include solutions such as document management software. All your automated systems and software should be able to be integrated. You are then able to control functions and view activities via an integrated dashboard.
Most business process automation systems (BPA) are modular
They offer a simple, standalone automation solution appropriate for each facet of your business which can be build up as your business grows. Ultimately, you end up with a robust enterprise resource planning (ERP) system that gives a complete overview of company functions and maximises your efficiencies. An ERP system will streamline your operations and provide an accurate overview of your business’ activities.
Automating bookkeeping, inventory control, and document management solutions as a smaller business
And, most small business owners believe they should only look into BPA once they’ve grown into a massive corporation. However, small businesses can benefit greatly from implementing automation into their startup operation right from the get-go. Also, new business owners are of the belief that automation costs a lot of money. Yet, there are many BPA solutions available that are specifically designed for small businesses that don’t cost a fortune. These can form the foundation of an ERP system to be built at a later date, when the company has expanded.
Why BPA is also for smaller business
In smaller entities, BPA systems are able to relieve the workload of a tiny workforce or of an individual who is a startup owner going at it alone. It lessens the workload by automating the administrative tasks and all pertinent information is readily available at the click of a button. As a small business owner, by automating your administrative and financial processes you can become completely transparent and remain fully compliant at all times.
This is because these systems are built to keep you toeing the compliancy line. What’s more, when you’re handling all of your business functions by yourself human error is a risk. If an error is made due to the manual input of data it can create a domino effect of errors in your systems. But, by automating you increase accuracy levels across all functions which also makes it easier to run an audit of your business.
BPA offers a lot of value to any type and size of business. By employing this type of system you will eventually see how it positively impacts your client interaction as your communication becomes more efficient and your service delivery is on point with all the necessary data at the ready whenever you, or your customer, need it.
The content in this article was provided by LexisNexis South Africa. LexisNexis is part of RELX Group plc, a world-leading provider of information solutions for professional customers across industries.
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