Four Ways To Approach Process Automation Process automation can be a daunting task, but there are four key ways to approach it: -As a way to improve efficiency and quality -As a compliance measure -As a customer service initiative -As a way to reduce costs. Each of these approaches has its own merits, and the…
Welcome to our extensive investigation into the world of Business Process Automation (BPA). In today’s fast-evolving, digital-era, the term BPA is not merely a jargonistic buzzword, but a vital strategy that aids companies in improving efficiency, reducing errors, and enhancing the overall quality of their operations.
Business Process Automation is a technology-based procedure of organizing and integrating recurring business tasks and processes. Its primary objective is to streamline processes, reduce costs, and elevate efficiency and productivity. For companies seeking to boost their performance, the automated route offers a promising trajectory. These trends not just remove human drudgery but also offer substantial time and cost savings.
BPA stands as the pillar of digital transformation for many businesses. McKinsey reports that businesses can automate about 50% of their workplace activities, reaping 20-35% cost savings in numerous functions. With this automated trend on the rise, it’s predicted that by 2024, organizations could potentially lower operational costs by 30% through combining hyper-automation technologies with redesigned operational processes.
While BPA might seem like a modern tongue, in truth, it’s a concept that has been around since the advent of computing. However, it’s only recently that the technology has really taken centre stage owing to the proliferation of digital tools, advanced algorithms, and the rising demand for bespoke software, app, and web development solutions.
Nevertheless, BPA isn’t only about adopting new software sets or eliminating human interference. It’s essentially about shifting the responsibility of routine tasks from humans to technology, allowing employees to focus on high-value tasks that necessitate human competencies like strategic thinking and creative problem-solving.
Furthermore, BPA facilitates consistent and accurate data. This inherent feature of digital processes results in improved transparency, compliance and offers better insights for making data-driven decisions.
In its most sublime form, BPA isn’t simply about automating existing processes but about reimagining and changing these processes to achieve digital transformation, enabling organisations to perceive their business goals distinctly and deliver improved customer experience.
We encourage you to delve deeper into our Business Process Automation section or browse our main blog for more enlightening discussions on automation and other trending topics. If at any time you would like to discuss these topics, the York Apps team would be delighted to lend their expertise. We steep ourselves in helping organisations, companies, and startups realise their digital transformation goals.