5 Ways Automation Can Save Your SMEs Resources
Inefficiency is the biggest threat for company’s budget. While, big companies already automated most of their work processes, automation in small and medium enterprises is still showing a very slow progress. This is difficult to understand, since we all know that inefficiency drastically decreases company’s business performance. It looks like most small business entrepreneurs are reluctant when it comes to investing money in advanced software. In order to boost automation in small businesses, we explained 5 different ways how applying this process increases efficiency and saves company’s resources.
No human errors
Everybody knows that algorithms rarely make mistakes, unlike humans. Although from time to time we hear that new driverless car got crashed, these small incidents definitely can’t be compared with horrific car accidents that are happening as we speak. Human errors can often be dreadful for small business enterprises, especially when they have something to do with accounting, pricing or storing goods. Imagine what will happen if your employee would sell whole batch of expired goods or if your accountant would report smaller income? Even the smallest mistakes in accounting department can cause troubles with an IRS, and pricing and storing mistakes can ruin company’s reputation and lead to customer claims. That is why equipping your employees with top notch software is a great way to prevent their future errors.
Many companies automate their production process, by assigning assembly line tasks to different types of robots. This is a great way to save money on labor, but most small business companies don’t have enough funds to invest in this type of advanced technology. Still some employers decide to cut their reliance on labor market and purchase machines and gadgets that will automatize parts of their production process. Most of these companies quickly increase their performance and become more competitive
However, logistics is one process that cannot be completely automatized, so when doing business which requires international shipping Australian companies turn to trusted a trusted customs broker in Sydney to handle the clearance processes so that there are no delays and business processes can run smoothly.
Another way for entrepreneurs to make their workforce more productive is by introducing advanced HR software that will enable them to accurately calculate each employee’s engagement and effort and assign them with proper reward. This change also allows employers to adapt their production or service strategy on the go, in order to increase their workforce’s productivity.
Marketing is one of the fields that got fully automated in last two decades. Software that marketing teams use is becoming more advanced, and now we can develop strategies and run dozens of different campaigns (which often include several dozen different channels), from one single marketing platform. Streaming all of our marketing processes into one app, can turn small business marketing teams into modern Mad Men, and it also enables entrepreneurs to develop and apply strategies by themselves.
It boosts sales
E-commerce platforms enable small business entrepreneurs to run all of their operations from a single user environment. It helps them with pricing, promoting and selling their products. Most of these platforms are quite inexpensive, and there are even some open source solutions like Magneto Community Edition. E-commerce platforms also enable small business retailers to run their companies by themselves without renting brick and mortar stores or employing additional workforce.
Automation is an unstoppable process. Although small business owners are still skeptical when it comes to these trends, they will quickly learn and adapt, especially when they realize they are losing significant market share to big companies that already implemented full automation of some of their departments.