Wipro Holmes: Artificial Intelligence & Automation Platform

Enterprises, know more about the core aspects of your business that you can automate easily with modern business process automation strategies to get automation benefits.

Areas Where Business Process Automation Can Improve Efficiency

Business process automation is ongoing.

This frees up your employees to concentrate on the more important decisions in running your business while minimizing human errors that often occur in mundane tasks.

It also frees up your employee time so that when they do have contact with your customers, the focus is more on customer satisfaction and less on the risk of manual data entry errors that can happen with older systems.

Automating this process saves time, can offer more robust reporting to better oversee on-boarding procedures and gives new hires the tools they need to succeed in their position.

Automation in their area improves communication between internal departments that might not always see each other physically and eliminates the errors caused by too many members of your staff having contact with a client without updated information.

Over the years automation is an aspect that has touched almost every industry across the world.

The best software development company can effortlessly integrate these aspects into the software they build.Business automation software helps businesses to drive revenue and thrive in challenging markets.

Research by IBM suggests that AI-supported automation will generate billions of dollars worth of labor value in 2022 alone.

In this article, we will delve into the benefits of business automation and its most commonly overlooked aspects.What is Business Automation?Business automation is concerned with the use of technology to perform repetitive and laborious tasks.

Business marketing automation includes tasks such as:Lead generation, segmentation, and nurturingAdvertisement managementEmail marketingSome of the most famous marketing automation tools are Marketo, Hubspot, Eloqua, and Salesforce to name a few.Accounting, Book-keeping, and Accounts payable AutomationWhile marketing automation is concerned with the external processes, the accounting, book-keeping, and accounts payable automation is more concerned with the internal processes of the business.The automation of accounting accounts payable and book-keeping helps a business simplify the financial processes and remove needless manual labor in financial activities.

Normally the financial automation deals with the following areas:Bank account managementGeneral ledger managementInvoice managementThe purpose of accounting, book-keeping and accounts payable automation is to simplify and streamline the various financial processes and reduce the potential for error in the process.

Wipro's intelligent process automation, offering RPA solutions, cognitive process automation leverage AI to enhance business processes while delivering customer value

Robotic process automation provides smart business solutions as everything is done on a virtual basis. RPA process not only improves the performance but also saves on time. The best part about the process is integration. As it integrates with the system and servers of the company, you can expect great efficiency.

RPA offers scalable options to business solutions. Most business functions are time consuming and redundant. RPA process helps to eliminate the redundancy in work to perform repetitive tasks at ease. Robotic process automation helps to automate all the business tasks and applications to give you the best solutions for business.

In the last few years, many big companies have invested in some sort of process automation with a thought to bring transformations in the operation and other processes.A report from Gartner, predicts that the estimated revenue of global Robotic Process Automation is forecasted to reach approximately 1.89 Billion Dollars by the end of the year 2021.Robotic Process Automation allows the configuration of digital workers for the capturing and interpretation of tasks that are already available on the pre-existing applications.

For RPA, the most optimal use these days is to set the workers free from the repetitive and boring routine tasks, so that they can focus on other higher-value tasks.The tasks that are repetitive, recurring, rule-based, and prone to human errors are the main and ideal targets for automation through various Robotic Process Automation tools.

A notable benefit is also observed with improved retention rates of employees and reduced demand for additional human resources.

The need for heavy training that was to be provided to the newly joined employees has also reduced.Some additional benefits of RPA are -Improved quality of servicesLow costsImproved analytics and reportingEnhanced employee experience and engagementsBetter security and complianceIncreased agilityReduced implementation time and costRobotic Process Automation Tools - FeaturesThe field of RPA is very vast and a variety of Robotic Process Automation tools are available in the market.

Prioritizing of the Manual WorkflowsAfter this, the companies can be innovative and move faster consistently.

when integrated with some smart automation platforms, empower the citizen developers in the achievement of digital workflows for uplifting productivity and accelerating work to a new level.3.