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Is Your Business Threatened By Automation?

Is Your Business Threatened By Automation?

Automation is considered a buzzword in the digital age. Many businesses are viewing it as an innovative way to get things done. As large businesses continue to open their doors to technological evolution, small businesses are seemingly in doubt of what is in store for them. Most of these businesses are not yet ready to embrace digital transformation. The clouds of doubts and fears are hindering SMBs from moving forward. The million dollar question is: Should small businesses be threatened by automation? 

To find out whether automation is boon or bane, let us look at how things were done in the past decades when Internet was not yet in the picture. Everyone saw that big corporate lump, dragging workers to the desk of doom: the manual tasks. As businesses searched for strategies to survive in the concrete jungle, the era of paperwork brought burden, making it hard for employees to carry out each task. Managing payroll was not easy for bookkeepers as they need to ensure accuracy, or sometimes numerical precision. 

In the past, reducing manual tasks was as tough as defying gravity. You had to be chained to your desk to finish the task. If you had to review your reports, this would mean coordinating with your bookkeepers and accountants. If there were discrepancies in the information, you must start from scratch by reviewing the process. You cannot enjoy the freedom of flexibility in the era of paperwork. 

Now comes the age of paperless. Everything can be done in an instant sans the error. It makes life complicated and stress-free. Imagine reviewing your financial statement while dealing with other business endeavors. If you want additional information, you will simply ask your bookkeeper to communicate with you via collaboration tools. The best part is your bookkeeper is a thousand miles away from your location and yet this factor does not affect the way you do business. 

And yes, the manual task! Everyone dreads sitting for hours just to get out of an intricate maze of bookkeeping. This is something one would most likely fear because it can be a sick cycle as you go around in circles. Automation reduces your workload without running the risk of compromising quality. What you used to tackle in days can be done in minutes. Speed is coupled with accuracy to ensure employee and customer satisfaction. 

For small businesses that have not yet realised the potential of automation in making day to day business obligations easy, fast and convenient, now is the time to give automation a chance to streamline processes. 

Tamara Deterding

Written by : Tamara Deterding

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