You work hard, you’ve got your priorities straight and you follow your productivity plan to a tee. But no matter how hard you work or how hard you prioritise, you just can’t seem to find enough hours in the day to do your job. Does that sound familiar? If you find yourself stuck between a rock and a hard place each and every day, automation could very likely be your saviour.
Automating your processes means using a software application (e.g. an API) to make your work processes run seamlessly and effortlessly. Still not convinced automation is for you? We have selected 5 compelling reasons why your work processes should be automated.
Automation is all about simplifying day-to-day tasks by letting machines and software handle them for you. If your business, for instance, deals with different currencies, your employees spend time on manually making FX trades. By implementing an API that automates your FX pricing and underlying trading, your FX trading can be executed within seconds, saving time and effort. Automation leads to faster processing of extensive tasks and reduces turnaround.
Accuracy and consistency
A drawback with manually handling and processing of tasks is the possibility of errors. Humans tend to make mistakes, especially when large volumes of data are involved. Manual processes are also inconsistent, as there is a risk of missing one or two steps in the process. Automation eliminates the chances of errors and leads to enhanced accuracy. It also follows a clear operating procedure ensuring consistency.
Being on time and minimising risk
Automating your work processes ensures that your process is always processed at the same time – and more importantly at the right time. So, you will never miss a trade, a risk mitigating action, an update or a test. If you are engaged in FX trading for instance, you know that if you skip a beat it can end up costing you money. Adding an FX API to your work processes can therefore add value to your business.
Follow the leader
Business process automation follows a standard operating procedure which gives you a clear and predictable view of how the processes are being handled. Automating your processes helps you to recognise and follow a given policy framework, and it ensures that you never stray away from this framework.
Happy employees, happy life
Dehumanisation is a consequence of automation – or is it? Executing recurring daily activities gets mundane and monotonous for employees. Automation can handle the mundane and monotonous tasks allowing people to take up more challenging and rewarding activities, leading to higher employee satisfaction. Satisfied employees perform better, and they tend to stick around. As a bonus, a happy employee is less prone to stress and other work-related illnesses.
Automation – a winning strategy
Regardless of the size or the nature of your business, introducing automation can prove to be a winning strategy. It can transform your business significantly as you save time and keep your employees and compliance happy. Finally, adding an API may lead to less human errors, which again can end up saving you money – especially if you choose the right FX API. See more here.
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