The need to work smarter and more efficiently is increasing in all industries. Technology is evolving rapidly and it can be challenging to know what steps to take to keep up. By mapping how automated your business is, you can more easily find ways to improve your working day and work more efficiently.
Do you know how automated your business is?
What is automation?
Automation is a familiar word to most people, describing the use of technology to streamline tasks and processes, reduce costs and eliminate manual work. With robots, software and AI, virtually anything can be transformed. Automation also contributes to increased productivity and the reshaping of working life as we know it.
The degree of automation is a measure of how much of the work processes are automated using systems, compared to what is done manually. In the Compello system, this is measured by assessing various parameters that indicate the extent of automation. By setting the level of automation, organizations can streamline their work processes by identifying areas for improvement and increasing the proportion of tasks that are handled automatically. This leads to faster processing, reduced error margins, and higher productivity.
In Compello, you can easily see your current level of automation in the dashboard.
The importance of automation for businesses
Today, automation is the key to business success and competitiveness. By automating repetitive tasks and processes, companies can not only increase efficiency and productivity, but also free up valuable employee time. This allows them to focus on more complex, value-adding tasks.
Especially in invoice management, manual processes are time-consuming. Our promise to customers is that they will achieve an 80% automation rate within six months of using Compello. We're not stopping there either, and of course we're aiming for 95% within the first two years with us. Thanks to over 40 integrations and great customization possibilities, your company can turn its attention to what creates value for your company and employees.
Benefits of automation:
- Faster process: Processes invoices much faster, so payments go through quicker.
- Saves money: Cuts down on what it costs to process each invoice thanks to less manual work.
- Fewer errors: Reduces human error, ensuring higher accuracy in key processes such as production.
- Flexibility and scalability: Automation makes it easy to adapt to changes without high costs.
- More overview: Gives you up-to-date info on where invoices are in the payment process, making it easier to keep track.
- Better data insight: Automation gives you access to up-to-date data at all times, so you can make important decisions on the right basis.
Success stories from companies
Many companies have had great success in automating work processes. A good example of a forward-thinking company that has taken automation seriously is Europris. They have managed to achieve as much as 93% automation with their invoice processing, and have therefore been able to free up many manual tasks in the finance department.
Our biggest goal is to ensure that the transition to these new, automated systems is as smooth and comfortable as possible for you.
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