Are you drowning in business admin? Automation is the answer. Agilis Books can help you identify automation opportunities and choose the best apps to drive an efficient business.
Better Productivity Through Automation
Automation is an important way to ease your business workload, with a host of different business apps and cloud solutions offering ways to automate your admin.
With ‘smart business tools’ increasing in number and choice, software is utilising automation algorithms, artificial intelligence (AI), machine learning and cognitive solutions to help remove the mundane admin tasks from your workflows.
Core processes that will benefit from automation include:
- Automated bookkeeping – Just take a photo of your receipts, expenses, and invoices and ‘optical character recognition’ (OCR) technology will digitise the output and pull it through into your accounts software. No data entry, no human error, and no lost receipts.
- Automated credit control – Chasing up debts and late-paying customers takes time. Automated credit control apps track your debtor numbers and automatically sends out customised chaser emails as soon as an invoice is late. This reduces your credit control time, speeds up cash collection and cuts your aged debtor figure.
- Automated payment collection – The easier it is to pay you, the faster your customers will pay. Automated card payments and cloud-based Direct Debit solutions allow you to automatically take payment from a customer as soon as an invoice is due. Some solutions will even automate the invoice matching and bank reconciliation process.
- Automated reporting and forecasting – The better your reporting and business intelligence is, the easier it is to make informed decisions about your company strategy. Accounting platforms and fintech tools now offer automatic, real-time reporting and forecasting, giving you access to the important numbers and metrics, fast.
Talk To Us About Embracing The Power of Automation
If your administration is starting to hold you back, contact Agilis Books and we can discuss how automation can pick up some of the heavy lifting as well as giving you the metrics you need for decision making.
Agilis Books can help assist in finding the best solution for your needs from one of the leading software solutions, to help to drive your business efficiently.
This blog was originally published by BOMA, with minor edits made by Agilis Books for the benefit of our readers.