Automation creates employee happiness, innovation, and creativity. Advancements in technology have changed the 21st Century workplace entirely by making the business operations and processes integrated in a more streamlined manner.
Automation innovations are for everyone
The biggest beneficiaries of automation are small to medium-sized enterprises. As they are run by a small group of people, these SMEs need the incorporation of business technology in their work more than anyone else. Tech innovations such professional services accounting have facilitated the running of these business organizations in carrying out all aspects of their operations and now they can boast of more efficiency than ever before.
Visit Innovation Enterprise's Predictive Analytics Innovation Summit in Chicago on October 30–31, 2018
Just a few decades back before the birth of computer systems and the World Wide Web, businesses had to deal with huge loads of paperwork as there were no digital platforms to store their inventory and the vast amounts of information they generated on a daily basis. Meetings had to be held in a physical conference room, clients meetings had businesses incur travel costs, and having the different departments in the organization communicate was an uphill task.
Today businesses can have meetings with branch managers and departmental heads without having to leave their offices sometimes in another continent using teleconferencing. The rise of big data and predictive analytics has companies store the data generated on a daily basis and analyzed to determine future trends in consumer tastes and preferences. In this article, we are going to highlight the role of automation in today’s workplace.
The ultimate goal of any business enterprise is to generate a profit and a return on investment. Today, companies are able to improve their financial health in a cost-effective manner all thanks to innovative technology software. There is the need for a dedicated workforce in every workplace to handle tasks that can sometimes be very demanding which keeps the production and operating costs a bit high. Organizations can now eliminate the need for manual task handling using SaaS tools which give automation options at any possible instance and concentrating on task integration. Automating business operations also leads to results that are more accurate and maintains the data and time for each activity. The overall management of business processes using technology and automation lowers the operating and maintenance costs thus resulting in wider profit margins for the company.
Changing business communication
The way employees, business owners, and managers communicate has significantly changed all thanks to advances in technology and office automation. The arrival of mobile devices such as smartphones and tablets, chat applications, and social media platforms has brought a new level of communication in the world of business. A manager can get a memo to the company employees over email almost instantaneously. Sales representatives can use mobile applications, texts or even phone calls to get marketing information to their target market and get feedback in real time. With the advent of technology, business information can be stored using cloud computing where employees can complete their assignments at home and get all the company information by just connecting to the internet. Managers can access the company inventory, see the number of transactions carried out at a specific time and even see who is present or absent at work remotely.
Improving employee efficiency
Proper time management is critical for the success of any company as deadlines are met on time which leads to customer satisfaction and an improved consumer brand experience. With the help of the latest tech tools, it has become easier for business organizations to manage their time effectively. Such tools have been critical in optimizing the working routines and enabling the workers to focus on the goals and objectives of the business. Technology has also reduced the time taken by managers and employees to perform a certain task. For instance, a cashier is able to generate an invoice five times faster using a personal computer that the way it was done manually in the past. It has also become easier to check whether a certain product is still in stock using automated inventory systems which significantly reduces the time taken to serve a single customer.
Register today for Innovation Enterprise's Predictive Analytics Innovation Summit in Chicago on October 30–31, 2018, to gain valuable insights from Bosch, Capital One, Groupon, MIT Sloan School of Management and many more.