Why Enterprise Automation = The End of Spreadsheets


    If you’re afraid of robots taking over the world, then you may want to put some tin foil on your head and call it a day… but not in the way you might think. Bots and automation have allowed workforces in all industries to take on higher-level tasks, and get more enjoyment out of their jobs, by taking on mundane tasks.

    So wear that tin foil hat all you want, but realize the bots we’re talking about very much come in peace. That said, no matter what you do, stay away from those dreadful Excel spreadsheets if you can!

    Not only is working in static spreadsheet documents outdated, it’s plain inefficient. It’d be like stirring cake batter by hand, rather than using a mixer. A better way to work is right in front of you – are you ready to embrace it?Let’s dive in:

    The Issue With Spreadsheets

    So, without going off the handle immediately, understand that not all spreadsheets are bad. Some are effectively used for family budgets or schedules. Even with innovations in Google Sheets, which updates automatically, these innovations only eliminate some of the doom and gloom. They do not, however, alleviate all the challenges that come with spreadsheet errors and back-and-forth communication.

    Between sales, manufacturing, and even healthcare, imagine the repercussions of a spreadsheet being emailed to and from different workers. With security breaches happening left and right, you definitely don’t want to trust your business’s security to an Excel sheet, and here’s why:

    Did you know that up to 88% of spreadsheets contain errors according to Market Watch? Those errors can translate into costly mistakes and miscalculations, especially if there are hundreds or even thousands of cells. In this case, human error cannot be overlooked.

    Often, the issue lies in the fact that there aren’t enough internal reviews and checks in place to monitor possible errors; it’s just taken for granted that everything’s been inputted correctly.

    Also, spreadsheets don’t analyze data – a spreadsheet is simply a place for you to data dump information. You have to make the insights and determinations yourself. You have to manually add in new data and information.

    Cue the headaches and annoyance. You don’t need that in your life.

    Why Enterprise Automation?

    Think of enterprise automation as that new friend that has their s@%$ together. They’re more agile, more auditable, and, best of all, more efficient. Leveraging business process workflow automation means your business has more opportunities for getting things done and less for opportunities for human error.

    It’s largely considered the next level of IT, where basic processes and tasks are automatically routed based on your business’s workflows – all while maintaining security and compliance.

    For example, let’s take an invoice. That invoice in accounts payable comes from the customer and is sent to an account administrator. From there, it must be indexed and routed to the proper person, and the recipient needs to be notified of said invoice in order for it to be approved and adjusted into the business’s financials. Rather than doing all of this manually, with enterprise automation, you can create this workflow with the necessary people involved, and they’re pinged through the system once the invoice is ready for them to look at/approve/etc.

    Read More: Alimera Sciences Case Study saw a 93% reduction in invoice  processing time with enterprise automation

    In most cases, enterprise automation has a variety of benefits, including:

    • Integration with your existing systems, so there’s no need to overhaul what you have or backtrack
    • Quick ramp-up and implementation
    • Highly customizable features for convenience, efficiency, and high adoption rate
    • Ensured security and compliance with encryption
    • Helping usher in a uniform workflow system for every task
    • Eliminating the need for added human resources
    • Advanced analytics for increased visibility into operations

    The Future Looks Bright

    Technology is continuing to innovate and transform the way we do business. It’s ultimately up to you whether or not you want to join in, increase efficiency and boost your workforce’s happiness. Either way, trusting your valuable company data to a spreadsheet could very well lead to a costly error or mistake that takes months, or even years, to reverse.

    You can mitigate human error with enterprise automation, and get all your tasks routed to the right place without the guesswork or pointing the finger. With some upfront planning and foresight, you can craft a customized business solution that works best with your industry and workforce.

    It’s a no brainer that we’re going into a world where we need to be more efficient and productive than ever before. If you’d like to learn more about how enterprise automation can solve your specific business needs, we invite you to check out our resources or request a personalized demo with us!

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