What exactly isbusiness process automation?

Business process automation refers to theuse of advanced technologies to automate repetitive tasks associated with processes and workflow. All while improving efficiency, reducing costs, and increasing staff and customer satisfaction.

Process automation seems to be a new business approach, but this is not the case. As early as the industrial revolution of the 19th century, the factory saw the integration of automated processes to improve productivity. It was not until the 2000s, however, with the power of IT, that process automation began to take hold, becoming an integral part of modern businesses with increasingly accessible tools.

Process automation is one of the best strategies for any organization in order to save time and costs. What needs human intervention is delegated to software so that resources can be freed from operational tasks by devoting themselves to actions with greater added value. The interesting result is that the entire workforce will be more productive and efficient.

Within the processes affecting a business, there are a number of repetitive tasks involving the document environment: data entry, intake, and document management. This article lists the main benefits of document process automation. Let's look at them together.

The advantages

• Saving time and money
• Reduced errors and improved data quality
• More productive and happy employees
• Leaner, faster and more efficient processes
• Improved compliance and data security

Saving time and money

A key goal for any company is to be able to reduce costs. Intelligent document processing solutions can help companies save time and costs by automating entire workflows.

Using technology that reduces operational time and costs is an effective approach to realizing profitability. Therefore, throughtheIntelligent Document Processing (IDP) companies are able to reduce the time required to process documents and also the associated labor cost. By adopting an intelligent document processing solution, business resources complete numerous tasks quickly and in a short time.

Reduced errors and improved data quality

Manual processing of documents causes incorrect data: this is the most common error when entering data into the system from documents. It occurs especially when large volumes of data are attempted to be entered quickly. An unintentional error results in incorrect and disorganized information, causing a number of harmful consequences for a company.

The use of intelligent document processing solutions eliminate the need for manual work and data entry, while also being able to handle any errors. All this can greatly reduce the risk of human error, resulting in more accurate and quality data.

More productive and happy employees

Processing documents by hand results in repetitive and alienating work on the part of company resources. This causes a slowdown in workflows as well as an unfulfilling work life for the worker.

Automating manual document processes can help organizations increase productivity and reduce time spent on repetitive tasks. Removing boring tasks in favor of more meaningful tasks encourages creativity and promotes a happier and more serene work environment where employees can focus on more important projects. In addition, customers will be more satisfied with the final product and service as they will get more accurate and consistent data.

Leaner, faster and more efficient processes

Every company would like to operate as leanly and efficiently as possible, improving performance in terms of time and result.
Managing large volumes of documents causes overwork for resources in the company, so much so that processes slow down, making them inefficient.

Among the benefits of automating manual document processes is theacceleration of business processes and makes optimal performance in terms of time, cost and result. Solutions such as these, make processes more efficient and create a seamless workflow.

Improved compliance and data security

As we mentioned earlier, IDP solutions can automate tasks and reduce risks from human error. This means that such technologies can also help companies become more compliant.
Compliance is a very important issue for each company nowadays, as people are increasingly concerned about the security of their data and how they use it.

Intelligent document processing improves the security of processed data, reducing the chances of human error and enabling better document tracking and management.

Conclusion

As seen so far, the benefits of document process automation are many and affect multiple facets within the enterprise. From the standpoint of reliability, productivity, performance, and time and cost reduction, adopting intelligent document processing technology is the best choice a company can make.

myBiros with its state-of-the-art technology helps companies in digital transformation and supports them in eliminating repetitive document-related tasks.

Are you interested in learning more? Write to us and let's analyze your company's processes together and find the solution that best suits your needs.

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