Digital transformation is a concept that’s constantly shifting shape. As new technologies are trialled, lessons are learned and businesses adapt their thinking, priorities are evolving.
After research revealed that more than 50% of digital transformation efforts stalled during 2018, Forrester predicted that 2019 will be “a year in which transformation will go pragmatic”. This involves a move, in many industries, towards digital investments that can deliver tangible business value.
One technology approach that can fit snugly into the “pragmatic” category is robotic process automation (RPA) – provided it’s deployed to run the right types of tasks, as part of a sound business optimisation strategy. When used in tandem with other process re-engineering efforts, RPA can yield significant benefits.
Software Robotic Process Automation (or RPA for short) is used to automate every-day, rules-based tasks. RPA solutions, often referred to as ‘bots’, can be configured to manage mundane business activities independently and in many cases, with little or no human intervention.
Business optimisation through technology is a focus area for many organisations today. According to Brian Kropp, group vice president of Gartner’s HR practice, more than two-thirds of business leaders believe that their organisations could lose their competitive edge if they do not achieve significant digital transformation by 2020.
“Long-term success requires faith – faith that your efforts to plan and execute the process will lead to the desired outcome.” Tony Dungy, first African-American football coach to win the Super Bowl. Coach Dungy’s words ring just as true in business as in football.
Business process automation has been on the cards for some time now. You know you need it. You know how it will impact your company, but you’re not quite sure how to go about it. Here at Velocity IT, we are BPA pros and have seen it all. Let us take you through the three main steps we recommend you take to catching the process automation train.
So, you’ve started your own business and, so far, things have gone swimmingly well. Demand is increasing, and you’ve even got a small team. But resources are limited, and optimising time and making your investments work harder for you are crucial to taking the business to the next level. While it’s still tempting to be a jack of all trades and do many of the tasks yourself, there are certain processes that, if automated, will help you make those much-needed time-savings. Here are three simple ways of getting started with BPA.
How to grow a company without having to increase spending? That’s the question on many a small business owner’s mind. Traditionally, to scale a business, a decision will be made to hire more staff because more staff equals higher capacity to manage demand, and to manage the day-to-day running of the business. But with process automation, this is no longer necessarily the case. Automating business processes gives small business owners the ability to put digital processes in place. This allows the company to take on increasing demand and generate higher revenue, without increasing costs proportionally. Let’s take a look at some of the ways BPA helps to scale a business more effectively.