Posted: Jun 4, 2020
Save time & resources by automating recurring tasks such as reporting
Robotic Process Automation or “RPA” has become a buzzword in business today, yet to many it may sound futuristic or accessible only to the largest of businesses. However, recent advancements made by services like Microsoft Power Automate and UiPath are making these disruptive capabilities available to small and medium sized businesses in a cost-effective manner.
In general, automation is best suited for tasks that are: manual, standardized, time-consuming, high-volume, and/or require precision. Furthermore, each robotic process automation should ultimately have the potential to either reduce costs or generate revenue. Tasks should be compared to these criteria and prioritized to ensure a sufficient ROI is present.
“The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.” — Bill Gates
At Pontem, we recommend that companies start small by leveraging these opportunities incrementally. We help organizations identify the most repetitive and time-consuming processes and assist them with making simple changes that can reduce or even eliminate time spent on these tasks. Three solutions we’re recommending are:
- Using data queries to automate repeat report preparation
- Data extraction, aggregation, manipulation, and storage
- Invoice preparation, vendor set up or customer notifications
Automating these tasks allow employees to spend more time on value-added activities such as customer service or stakeholder communication, thereby improving results for your business.
Have the information you need to make informed decisions, begin your journey to becoming a data-driven organization today by getting in touch with our team.
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Book a 30 minute demo where we’ll walk you through interactive reporting examples that are most relevant to your business.