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Four Automatic Ways to Cut Business Costs

Small and medium-sized businesses (SMEs) can reap the benefits of automation as well. Automation can be used by both B2B and B2C businesses to streamline business procedures and cut costs. Automation of business processes is rising on the "to do" lists of most businesses as they seek to do more with less.

 

Automation opportunities exist if your staff, management, and other personnel are required to perform multiple, repetitive tasks in order to carry out operations. The case for automation for SMEs is further supported by the potential for long-term savings and the reduction of human error.

 

The following are some areas that can be automated to save time and money:

 

1.Follow-up with customers

 

It is essential to follow up with a customer after they contact you or make a purchase. Email is the most common method of communication like fax from iphone - send fax. Even if the customer doesn't buy, you should still show your appreciation for them by saying thanks for their time and that you're available to meet their future needs.

 

All of your comments and responses can be sent to the customer's email address using tools like Promoter.io. Zapier can also be used to automate follow-up with support from the Help Desk. You can use the time you save from these to respond to feedback rather than sift through it.

 

2. Invoice

 

In order to guarantee data accuracy and ease of entry, invoice automation is required. Automation will allow you to quickly accept and record all invoices and check requests across the company and reduce paper handling, whether flipped from a purchase order, submitted electronically, or manually entered. It will save money, time, and man-hours if accurate invoice images and data are delivered.

 

With pre-purchase authorization, tools like Chrome River will give you greater control over costs. Within these tools, purchase orders can be created and electronically routed through workflow to participate in invoice matching after approval. All of your non-payroll spending can be managed and tracked using robust tools in addition to standard invoices.

 

3. Marketing

 

Automating your small business's marketing is one option. Delivering newsletters and posting updates to social media, for instance, can be automated. Tweets, post updates, and other tasks can all be scheduled using dashboards like HootSuite. However, it is essential to strike a balance when posting on social media because automated updates are less likely to gain traction if they do not occasionally feature a human face.

To avoid managing multiple systems, select a marketing automation tool that seamlessly integrates with your CRM system, such as SalesForce. Increased promotion and sales will result from marketing automation, as will a quicker diagnosis of market gaps. However, you should ensure that marketing automation is limited to a point where your personal touch remains.

 

4. Recording of records

 

By the end of the year, you don't want to have to deal with a mountain of paperwork. By allowing you to electronically record and store business cards, photographs, statements, and receipts, automation can save you time. After all reports are examined, as finished in most mechanization devices, they can be recorded in the comparing envelope inside a cloud account.

 

Records can be turned into data with Shoeboxed tools. It lets you keep track of your mileage and store business cards in addition to organizing and storing receipts. Users can also create reports using scanned data that can be accessed from any device using such tools.

 

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