The editors at Solutions Review have compiled this brief resource to help enterprise technology leaders create a business case for low-code automation technologies.
The rapid evolution of technology has brought a new era of business automation. Gone are the days when businesses relied heavily on manual labor to conduct their day-to-day operations. Today, low-code automation solutions have emerged as a viable option for businesses looking to streamline their processes, reduce costs, and improve efficiency. However, with so many different solutions for various industries, company sizes, and use cases, finding a low-code automation platform with the specific qualifications a company needs can be challenging.
Selecting a low-code automation solution is only part of the process. Before you can start implementing, you might have to provide your company’s decision-makers with a business case. For example, a business case for low-code automation should outline the rationale and expected benefits of implementing a particular solution in the company. The primary purpose of a business case is to demonstrate how the proposed solution aligns with the company’s goals and objectives and how it can help the business achieve its desired outcomes. With that in mind, we’ve compiled a few of the talking points you should prioritize when creating a business case for low-code automation.
The Business Case for Low-Code Automation
By automating tasks that were previously performed manually, businesses can save a considerable amount of money. Low-code automation reduces the need for human labor, external contractors, and consultants, who would typically be required to develop custom software. Additionally, low-code automation solutions can reduce the total cost of ownership of the applications built by simplifying the development process and decreasing maintenance costs.
In today’s fast-paced business environment, time is of the essence. Low-code automation solutions can significantly reduce the time it takes to develop and deploy applications, allowing companies to bring products and services to market faster. For example, teams can use these tools to expedite development times with pre-built components and integrations that expedite the process and improve collaboration between business users and IT teams. And by reducing development time, companies can stay ahead of the competition and respond quickly to changing market conditions and customer needs.
With low-code automation, business users can easily create applications and workflows without relying on IT, freeing up valuable resources and time. Automation can also reduce errors and improve consistency, leading to higher-quality outputs. Low-code automation solutions can enable better collaboration between business users and IT teams, leading to faster decision-making and improved outcomes. Low-code automation solutions can significantly improve a company’s productivity by streamlining processes, reducing errors, and enhancing collaboration.
Better Business Agility
One of the significant benefits of low-code automation solutions is their ability to enhance business agility. These solutions allow business users to make changes to applications and workflows in real-time without relying on IT, reducing the time it takes to implement changes. Additionally, low-code automation solutions provide real-time data and insights that allow businesses to make informed decisions and respond more effectively to market changes. Low-code automation solutions can help businesses stay ahead of the competition and adapt quickly to changing business environments by improving the speed and agility of development and decision-making.
Enhanced Customer Experience
Low-code automation solutions can also help businesses enhance the customer experience. Companies can improve the speed and accuracy of their service delivery by automating manual processes such as order processing, customer support, and invoice generation. This, in turn, leads to higher customer satisfaction levels and increased loyalty. Improving the speed and quality of interactions with low-code automation can help brands develop and maintain customer relationships.
Low-code automation solutions can help businesses reduce the risk of human error. By automating repetitive tasks, companies can minimize the likelihood of costly mistakes, thus reducing the risk of reputational damage and financial losses. Here are a few examples of how these technologies can reduce business risk:
- Standardization: Low-code automation solutions can help standardize processes and reduce the risk of errors or inconsistencies by providing users with a visual interface for building applications and workflows.
- Compliance: Ensure compliance with regulations and standards by incorporating them into the development process. Low-code automation can streamline this process and help businesses avoid fines and penalties.
- Security: Low-code automation solutions often include built-in security features, like encryption and access controls.
- Transparency: Low-code automation solutions provide real-time data and insights, allowing businesses to identify and address issues quickly. By improving transparency and visibility into processes, companies can reduce the risk of delays and other problems that could negatively impact their operations.
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