Everything You Should Know About Enterprise Automation

Everything You Should Know About Enterprise Automation

Managing different business processes simultaneously is a painstakingly tedious task. It takes away precious time that could have been spent on much more productive work. Businesses are trying different solutions to work with similar amounts of resources. The solution to this problem lies in Enterprise Automation. Enterprise Automation allows businesses to control processes and makes it easy for businesses to manage multiple business areas.

This article will aim at answering all the questions you have may regarding Enterprise Automation. In case you have any questions, confusion or anxiety what is enterprise automation, need not worry. We will cover from basics to advanced concepts of it.

What is Enterprise Automation?

Enterprise automation is the process of using a tool or software that enables the automation of manual and/or repetitive business processes. Tracking inventory or ensuring receipt and invoice data are entered correctly are some examples of these processes. Integration of different applications to ensure smooth workflow between different departments is an example of complex enterprise automation of business processes.

Enterprise automation has become very important for businesses to adopt as the world has become more interconnected and businesses have become quite dynamic in nature. Technological advancements allow enterprises to automate certain tasks and processes which seemed impossible a few years ago. Communication within the company for employees, document sharing, and virtual collaboration on projects are some use cases of automated systems.

Different Types of Enterprise Automation

Broadly speaking, there are four main types of enterprise automation. They are:

  1. Basic Automation
  2. Process Automation
  3. Integration Automation
  4. Robotic Process Automation

Each automation type has a different level of complexity and features. Below is a detailed explanation of all four automation types.

1. Basic Automation:

Basic Automation is a type of automation wherein no user input is required to perform certain tasks. The term is used to describe the automation of repetitive and manual tasks. Departments such as marketing, sales, IT and operations mainly use basic automation. Creation of dashboards, creating and assigning tasks based on data received from websites or applications, accounting related tasks are common examples of Basic Automation.

2. Process Automation:

Process Automation aims at streamlining a department’s processes. These are software used by businesses that understand the exact needs of a team or a department and follow the process by keeping everyone in the loop.

KlearStack AI and Microsoft Power Automate are some examples of solutions that help teams easily track and manage their specific processes. Instead of using outdated means of managing workflows such as emails or physical documents, departments can take advantage of automated systems to store and share all the information seamlessly within a team. It also aims to fulfil the overall objective of the organization by streamlining the day-to-day activities of the firm.

3. Integration Automation:

Integration Automation is a method that enables the integration of data, devices and applications. This is achieved by creating a single platform and automated workflows that get the job done without human intervention. Tasks are performed and allow the flow of information independently.

This method enables accessibility and collaboration for organizations so that various applications and processes can be managed seamlessly. Organizations can cut costs and save time by reducing dependency on humans for inputs when it comes to these workflows. Human error is also eliminated from Integration Automation and therefore, ensures consistency and quality are maintained.

4. Robotic Process Automation:

Robotic Process Automation (RPA) is software that is used to complete high-volume repetitive tasks that have very specific rules to follow. RPA acts as a virtual workforce on its own that carries out instructions that are rule-based without human intervention. This is achieved by RPA by duplicating human behaviour and accessing applications in the same manner as an employee would get it done.

Studies show that RPA robots can complete nearly 60% of all business processes. That is plenty of time freed up for employees to focus on high-level thinking and add more value to the existing work, which ultimately improves company productivity and ROI.

Use Cases of Enterprise Automation 

Listed below are a few examples of enterprise automation systems.

  1. Professional Services Automation (PSA): PSA is a type of software that enables businesses to manage various parts of their operations like finance, accounting, human resources consulting and so on.
  2. Customer Relationship Management (CRM): Software type that aims at managing relationships with existing and potential customers for organizations.
  3. Enterprise Resource Planning (ERP): This type of software helps organizations to manage their supply chain and financials in a much more linear and seamless way.
  4. Data Extraction: Data extraction is made possible via enterprise automation that helps to capture information from internal as well as external sources. This includes emails, websites, old software and cloud systems.
  5. Data Migration: Data is transformed into a usable format and sent to a new location after it has been captured from a source accurately. 

Conclusion

Enterprise automation has many benefits to offer to your enterprise. Reduced costs, saves time, decreases the margin of error, boosts productivity and so on. Apart from that, different levels of automation can be adopted by your organization as per your needs.

KlearStack AI is fruitful for your business if you would like to automate document processing and achieve a high level of accuracy from unstructured invoices, receipts and other similar type of documents. Schedule a demo and learn more about our game-changing IDP solution.

Ashutosh Saitwal
Ashutosh Saitwal
www.klearstack.com/

Ashutosh is the founder and director of the award winning KlearStack AI platform. You can catch him speaking at NASSCOM events around the world where he speaks and is an evangelist for RPA, AI, Machine Learning and Intelligent Document Processing.