With Business Intelligence (BI) platforms at your disposal, your organization can use data analytics to make better decisions regarding its future. However, using business intelligence platforms requires certain steps so that you can make the most of it. Here’s what you need to do to make proper use of your data. Read More
- Published: 27 Jul 2020
More than ever, data fuels business decision making. To get the best use out of the data your business collects, automated tools can be used. This eliminates the (often impossible) task of manually getting the data together and then analyzing it. Today, we’ll talk about data automation and how rethinking how you look at your data can really help your business improve its operations.
Data Automation Explained
Data automation is the collection and transcription of data using automated software systems. Some include new AI capabilities that help the system enter data and learn about it faster. This system takes the onerous task of entering data and automates it. With this process being handled by a computer, you can save money on your payroll outlay, or you can reassign staff to accomplish other tasks aimed at building more consistent revenue streams.
How Does Data Automation Help?
There are several ways that a small business can directly benefit from data automation. They include:
- Time (and thereby, money) is saved
- Your team is free to focus on other responsibilities
- Data can be entered more accurately and efficiently
Think about the grocery check-out at your local supermarket. For years, the cashiers had to manually look up and enter the prices of the products and it took a long time. After a while the pricing gun was developed and it sped the system up somewhat, but today, with the use of technology, each product (and its price) is tracked by barcode. Now the barcode scanners pick up the price, the expiration date, and all other relevant information (e.g. if an ID is required) for a product, making the whole process substantially faster and more efficient.
Does This Technology Seem Right for Your Business?
For more information about data automation or any other tool that can help your business get more efficient, call the IT professionals at Compudata today at 1-855-405-8889.