Do more with less: ERP automation
In the fast world of business, where every penny counts and productivity reigns supreme, one concept has gained remarkable prominence: automation. And it’s not just about saving time or money; it's about transforming your business operations in a way that allows you to accomplish more with fewer resources.
Let's delve into how Enterprise Resource Planning (ERP) automation can help your business shift gears and reach new heights of efficiency and productivity.
What is ERP automation?
ERP automation means using technology to make a company's computer system handle tasks on its own, like updating inventory or sending invoices, without people doing them manually. It saves time and reduces errors, making the company run smoother and more efficiently.
From low-pay staff to high rewards
When businesses invest in automation, they unlock the potential to pay their employees higher wages. This not only makes for a happier workforce, but also reduces turnover rates and associated recruitment costs.
For instance, consider a manufacturing company that automates its production line. With automation, the company can increase output without significantly expanding its workforce. As a result, they can allocate a portion of the cost savings toward higher wages for their existing employees. This boost in income leads to greater job satisfaction, improved morale, and reduced turnover as employees are more likely to stay with a company that values their work and rewards them accordingly.
Save on space, rates and density
In the realm of business expenses, three significant cost drivers often take center stage: space, business rates, and storage density. Space refers to the physical area a business occupies, while business rates encompass fees levied by local governments for space usage. Storage density, on the other hand, relates to how efficiently a business uses its storage space.
Let's take the example of a retail business with a physical store. The cost of leasing commercial space and paying business rates can be substantial. However, with the implementation of automation, the business can optimise its inventory management. Automated systems track inventory levels in real-time, ensuring that storage space is used efficiently. This results in reduced space requirements and potentially lower business rates.
Turn labour shortages into an opportunity
Automation's power lies in its ability to transform challenges into opportunities. Take the labour shortage, for instance—a challenge faced by many industries. Instead of viewing it as a hindrance, businesses can leverage automation to bridge the gap.
Imagine a scenario where a company deploys automated customer service chatbots. These chatbots efficiently handle routine customer inquiries, freeing up human customer service representatives to focus on complex issues. This not only increases overall productivity but also leads to improved customer satisfaction as customers receive quicker and more accurate responses.
Keep your workforce happy
Contrary to the fear of job displacement, automation often leads to a more pleasant work environment for staff. Employees can transition from mundane and repetitive tasks to more engaging and meaningful roles. For example, in a finance department, automation can handle routine data entry, allowing finance professionals to concentrate on strategic financial planning and analysis.
Moreover, working alongside technology can be empowering and enhance employees' skill sets. As they interact with automated systems and data analytics tools, employees acquire valuable technical and analytical skills that are increasingly in demand in today's job market.
Ready to start your journey with automation?