Did you know that companies lose 20 to 30 percent of revenue every year due to inefficiencies? Every minute squandered in business is lost forever. Think about the profits your small business could have achieved if the time was utilized in the right manner. Well, these inefficiencies can be mitigated by automating your day to day to day tasks. Workflow automation aid in cutting down cost, speeding up progress and boosting overall revenue. It is a way to release yourself from the burden of manual processes and replace the hard work with rule-based logic. How can workflow automation reduce cost and increase revenue? By setting some predefined rules, you can eliminate various time-consuming tasks hampering your productivity. Only 4% of common workplace activities involve human creativity, and only 29% require a human ability to sense and respond to emotion. The daily activities are performed more effectively in an automation-oriented environment. 60% of occupations could have 30 percent or more of their constituent activities automated. Workflow automation gives you more hours to focus on building strategies for surging the revenue growth of your small business. Let’s explore how workflow automation can reduce your cost and boosting revenue 1. Fewer errors better process We often read about million-dollar mistakes in the newspaper. Even the most skillful and experienced professionals make mistakes. We can’t deny the fact that tasks handled manually are prone to errors. Many opportunities are lost due to these errors. Yes, some errors can be corrected, but that requires extra efforts. Instead, why not embrace workflow automation and reduce these unwanted mistakes. There are fewer chances of errors when a cutting-edge technology does your work. You don’t need to worry about entering or collecting the wrong details. For instance, there can be errors when you compile the contact information entered by the website visitors on your contact forms. You might enter the same detail twice. When you create an automated workflow, this information is fetched and streamlined by the system in a centralized repository automatically. 2. Less dependency New subscribers are the beacon of hope for a small business. They can be the reason for the steady flow of revenue if treated well. Engaging these subscribers is crucial for a business. Instead of being dependent on someone to send them welcome or greeting emails, it’s better to create workflows based on certain conditions. The workflow will trigger automatically, and the welcome email will be sent whenever someone subscribes on your website. No one needs to do it manually. The best part is that the emails will be sent at the right time. When you are dependent on someone to send an email, there are possibilities of delays. 3. More with less Every entrepreneur aims to increase the company’s revenue with minimal investment. Well, this is the smartest way to expand business profits. Automation helps you in achieving maximum results without putting in much time, money or resource. Identify the repetitive tasks that can be automated and make the most of your time. Automation eliminates the need for hiring new employees. You can get the work done by maintaining the same staffing level. 4. Complete work in real-time For increasing your business revenue, your sales reps will have to convert more deals. But how will they do if they aren’t assigned on-time? Managers are busy with various tasks like designing a strategic sales plan, creating reports, setting objectives and training employees. While doing all this, they forget to assign the deals to the sales reps. By the time the deals are assigned it's too late. The competitors easily approach and impress your customers in that period. Therefore, it's essential to act in real-time for capturing and converting prospects into paying customers. This can we be done by automating the task of assigning deals to the sales reps. Set a simple workflow, like whenever a new deal is created, it will be assigned to a specific sales rep. So, every time a new deal is created, the action will be triggered as per the set criteria. In this way, your work will be done automatically at the right time. Wrapping up With workflow automation, you can reduce your workload and boost your productive hours. All you need to do is find the areas you can automate and search for the right automation tool. Instead of opting for an automation tool. It’s preferable to use workflow automation within a CRM for your small business.
Workflow in a CRM- A CRM like Salesmate gives access to a wide number of features for managing your sales along with automation. Salesmate CRM is renowned for its exceptional automation capability. Using Salesmate’s workflow automation, you can organize and automate your daily activities like following up with clients, assigning tasks and updating records. Try Salesmate for free to explore workflow automation and other features. Comments are closed.
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Salesmate is a truly intelligent sales CRM helps sales reps be more productive, increases their sales and engage deeply with their customers. Salesmate helps businesses close more deals faster. With Salesmate, it got easier for businesses manage their pipeline, save time at all stages of the sales cycle and win new customers without breaking their back on busywork. Categories |