Business Automation | Mike McRitchie | Resume and LinkedIn Profile Writer

You will definitely be aware of AI by now, but have you ever considered how it could be a game-changer for your company? That’s what we are going to explore in this piece: the revolutionary power of artificial intelligence and automation for businesses big and small.

What does automation actually mean?

Automated business software basically cuts your workload in half, while doubling your efficiency. It involves carefully coded programs that do the work of human beings, but twice as fast, with no room for human error.

Your company can use automation software to enhance your processes seamlessly, like an invisible employee that is always working day and night.

What are industry leaders saying about AI and business automation?

Leaders across multiple industries around the world are making headway by using automated software as their main strategy. Yann LeCun, a professor at New York University, said it best:

“Our intelligence is what makes us human, and AI is an extension of that quality.

Artificial intelligence is extending what we can do with our abilities. In this way, it’s letting us become more human.”

Although AI has a bad reputation in movies, it can truly be used as a force for good!

3 Ways Automation Can Help Your Business To Thrive

Now let’s take a look at ways that your business, no matter how big, can thrive by using automation at the heart of its operations.

Error-Free Accounting.

Accounting software is making accountancy much easier for small businesses, by giving them the option to put all their accounting through software rather than an actual accountant.

Not only does this save your business money, but it also allows your accounting, including payments, taxation, calculating overhead, revenue and more, to be completely free of human error.

Low Employee Costs.

One of the greatest expenses that small businesses face are the employees who work for them. Employees cost businesses a huge chunk of their outgoing budget, meaning that if you can afford to hire fewer people while performing to the same standard, you should!

By using automated software you can save thousands, if not millions per year (depending on your company’s scale) by cutting back on staff and letting your computer do most of the work.

Greater Opportunities For Revenue.

Marketing and sales are the two departments that drive revenue most of all. And while some jobs in those departments can only be performed by humans, AI sales automation has come on leaps and bounds in recent years. Your business can automate its data collection using revenue intelligence, which essentially collates and analyses all your company’s revenue streams.

By using this software, your business can analyse its revenue in a streamlined and efficient way, figuring out your next steps with a fully backed up strategy.

To sum up…

If you want to cut costs and revolutionise the way your small business runs, take our advice and start building up your automated services today. You could slash your monthly outgoings and be rewarded with a highly efficient, completely reliable system that never lets you down!

Business Efficiency

There are a lot of things that you have to consider when running a business. After all, a business is constructed of so many different elements that it can often be a serious challenge to keep all of those plates spinning at once. Out of all of those things, there’s one thing that’s more important than just about any other, and that’s efficiency. An efficient business is one that is able to create an environment where every single aspect works in perfect harmony and no one aspect obstructs any of the others. However, actually achieving this can often be incredibly difficult and involves a great deal of hard work. With that in mind, here are some things that you can do in order to make your business more efficient.

Automation

Automation is one of those things that sound very dramatic and futuristic but has been used in businesses since the dawn of the industrial revolution. However, instead of conveyor belt factory lines, we now have things like excel automation specialists who can help your business to collect and analyse significant amounts of data without the need for constant human intervention. These methods of digital automation are pretty much essential for all modern businesses. Otherwise, you’re simply going to have too many things to focus on that will cause serious problems for your business very quickly.

Outsourcing

A lot of business owners are unsure about whether or not to embrace outsourcing, often because it indicates that they’ll have to hand over certain aspects of their business to someone else. This letting go can make them feel as though they’re lacking in control. However, being able to hand things over to experts not only means that you have more time to focus on other things, but it also means that those aspects of your business are going to get all of the attention and expertise that they really need. This will help your business to become significantly more efficient without a great deal of extra work from you.

Improved communication

No business can function without extremely strong communication. This means that you not only need to be able to communicate within the workplace but also remotely through things like email, instant messaging, and video conferencing. Of course, the importance of communication also in regards to your business’s clients and customers. If you’re not able to communicate with your customers effectively, then you’re really not running a business that has any place in the 21st century. Of course, thanks to the internet and social media, communication is easier now than it has ever been before. You just need to be sure that you’re using these resources properly and to their fullest effect.

It’s important to understand that, as crucial as it is to create an efficient business, you should also be willing to be flexible as well. If your business is overly rigid and you refuse to adapt to new things, then it’s never going to be able to be as successful as it otherwise could be.