As current business landscape continues to become more and more complex, it can be extremely difficult to keep track of various complex business processes using traditional methods. Manual business processes can be extremely time-consuming and repetitive. Therefore, this could potentially cause unforeseen delays and bottlenecks in organizational operations.
Business process automation is defined as the use of digital technology to automate various repetitive, time-consuming business processes. Business process automation can help make current organizational operations much more efficient, increase profitability, improve productivity levels, minimize human errors, standardize various complex processes, simplify regulatory compliance and much more.
Therefore, business process automation can be extremely beneficial for streamlining and optimizing various day-to-day organizational tasks. A recent study has found that 97% of organizations believe that business process automation is crucial for digital transformation.