One of the easiest ways to save money in small business is by finding the tasks that you can automate. Imagine all the time that is wasted by doing repetitive, manual tasks every day, and time wasted equals money wasted. Studies show that U.S. companies waste up $89 million a year on repetitive tasks. In your small business, imagine how much money you would save by investing in small business automation.
There are a multitude of different software options out there that could automate different processes in your business. Every small business is different and has different needs when it comes to automation, however, taking a good look at these tasks will help you to realize what small business automation software could give your business the best return on investment.
- Repetitive Tasks
Obviously, the first place to start when it comes to small business automation is knocking out repetitive tasks. These are typically mindless tasks that are done over and over again, such as report creation, some accounting tasks or email marketing creation.
- Easy Workflows
Imagine when an order comes through and your current process may be to enter in all the customer’s information, what their ordering, compare it to inventory numbers and the cost of the order. This is a lot of manual data entry that simply doesn’t need to happen. Small business automation can eliminate this type of manual entry and do the work for you.
- Specific Tasks
Small business automation can automate more specific tasks rather than just a broad overarching task that doesn’t leave you with much data to go off of. Automation will create the reports for you in those specific tasks that will give real-time insights into your small business. For instance, instead of simply giving production numbers, small business automation software can give you each employee’s production numbers to make sure everyone is hitting their mark.
- Daily Tasks
Automating the tasks that are done repetitively every day will save you the most time in the long run. You’ll be shocked by how much extra time you have by the end of the week. These tasks could be anything from sending out marketing or invoice emails to managing sales orders and quotes.
- Non-Scalable Tasks
As a small business, there may be a lot of tasks that you do now that a larger business would never be able to accomplish without automation. As your business continues to grow, you may want to consider automating those types of tasks. For example, if you currently compare your prices with competitors and you have 100 products available that are only sold by three other retailers it may take you an hour to compare prices. Once you grow to 1,000 products this report could take 10 hours. Finally, at 4,000 products it would be a full-time job at 40 hours a week.
If you related to doing majority of these tasks manually, your best option is to consider investing in ERP for small business automation. ERP software can automate a majority of daily and repetitive tasks in small business. If you already have an ERP system, but could relate to some of these manual tasks, consider adding a document management solution, business intelligence, sales tax automation, or one of the many other ERP add-on solutions.