When we hear the word automation the first thing that comes to our mind is things happening around us without a human intervention. Well, that may be the end picture but getting there is a continuous and a long process and it needs to start somewhere.
What is Automation?
Automation as it sounds means Automating your work. Automation in simple words can be said as a Technology that reduces human intervention in processes.
Automation – Need of the hour
90% of employees are frequently burdened with recurring tasks. 60% of employees’ time goes into these recurring tasks that can be completely automated. Around 80% of entrepreneurs agree that automation software saves their business money and time. Wondering what all you can Automate? From data capturing, data processing, classification, verification, invoice generation, to Emails you can Automate almost any and every work.
Automation in Finance & Accounting
Financial data plays an important role for an organisation and is a key driver for moving the company forward. This means that all financial data must be free from error, up to date and presented to the right people at the right time.
Automation in finance and accounting helps organisations ensure that their finance processes are efficient, accurate and delivered on time, removing added strains placed on employees. Common reasons why automation in finance is important in business include:
- Reduced risk of being exposed to fraud and credit risk
- Reduction of manual data entry tasks and related human error
- Increased speed in processing financial data
- Improved decision making due to reports being correct, up to date and delivered on time
- Improved compliance procedures
Knowing all the facts about Automation and the issues it can solve, we hope there is no dispute in your mind regarding automation for your business.
How we can Help?
We as a firm can help you with following processes
- Designing and redesigning of existing process to make them more efficient and time saving.
- Customisation in Tally
- Automation of work of repetitive nature
- Automation in MIS reports
- Standardisation of working to optimize the system
- Preparation of Dynamic Dashboards
Rohan Mehta – rohanmehta_rma@yahoo.in
Disclaimer: The information is of a general nature and is not intended to address specific facts and circumstances. The author of this article shall not be liable in any manner whatsoever for any action taken relying on information contained here. Readers must seek independent advice and not act upon information contained here.
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