© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Can Automation Help to Eradicate Human Error in the Workplace?
Posted 27th September 2022

Can Automation Help to Eradicate Human Error in the Workplace?

Each day, businesses across the country handle countless transactions and obtain vast amounts of data. Unfortunately, while processing and utilizing this data, the opportunity for human error is high. These mistakes can be costly.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Can Automation Help to Eradicate Human Error in the Workplace?
Automation

Written by Colin Dean, Major Accounts Director at M-Files

Each day, businesses across the country handle countless transactions and obtain vast amounts of data. Unfortunately,  while processing and utilizing this data, the opportunity for human error is high. These mistakes can be costly.

When it comes to obtaining data, human error has the potential to have financially damning results for a business. Gartner research placed the average yearly cost of poor data at $12.9 million in 2021. That year in the UK, organisations likely spent between 10% and 30% of their total revenues responding to data quality problems.

Whilst data has been labelled as overtaking oil as the world’s most valuable commodity, bad data can in fact prove costly to not only business operations, but its coffers as well.

 

Time to consider automation

Consider a manual process such as a financial controller; your business services its clients and at the end of each month invoices them for the work you delivered – as agreed upon. However, the presence of human error will always be lingering if automation is not placed at the centre of processes such as credit control. The financial controller may: send a late invoice, fill out incorrect details, or simply forget all together. The reality is that these errors will happen so long as human beings are undertaking these tasks. The power of automation can help provide seamless and efficient processes – saving businesses precious time and money – at a time when they are facing strong financial headwinds.

Being open to new technologies is a cornerstone to entrepreneurial success, and those businesses that are more resistant to new offerings are leaving themselves vulnerable to lagging behind the competition. New technological solutions can catalyse a dramatic improvement of productivity, staff and customer satisfaction, and any other factor that can impact a business’s growth.

 

Help is here when needed most

At a time when businesses slowly recover from the economic-bashing inflicted by covid, coupled with the deepening cost of living crisis – businesses simply can no longer afford to remain exposed to the threats posed by costly human errors.

The importance of offerings such as innovative information management solutions can now be seen as priceless to business operations. Applying digitalisation to your business’ document management – at a time when hybrid work is set to become a permanent fixture for many – will only add value to your business operations and eradicate human error.

 

Don’t neglect your information management

You can increase the efficiency of your business by creating a holistic view of all your data. Giving employees access to all relevant information to support decision-making is vital to a company’s success.  Businesses cannot afford to leave themselves exposed to the threat of siloes; employees need easy access to relevant information when they need it. Automation is vitally important to ensure employees are able to access correct workflow and information.

The use – and archiving – of information can be more efficient by automating user and access rights, information categorisation, version control and archival. Additionally, the inefficiency of manual processes can be removed by automating information workflows that support business processes. Manual work takes time, creates costs and is prone to human error. 

Automating workflow and information management ensures that documents will always be correctly shared from the correct user to the next. Allowing workers to gain easy access to correct information on demand. The alternative being the manual processing of information management typically leaves businesses vulnerable to human error through the creation of data siloes or even sharing incorrect information.

Cost-effective automation solutions are on-hand to help businesses navigate these challenging times. Gone are the days of automation being solely reserved for the deep pockets of larger businesses. Now, businesses of all sizes can automate key processes – saving time and money during a time when every penny matters.

Categories: Innovation, News


You Might Also Like
Read Full PostRead - Eye Icon
Sterling Bancorp Acquires Damian Services Corporation
Finance
08/04/2015Sterling Bancorp Acquires Damian Services Corporation

Sterling Bancorp Acquires Damian Services Corporation

Read Full PostRead - Eye Icon
Investing in Yourself
News
01/06/2021Investing in Yourself

At the end of the day, if you want to become an expert in business, that means that you're going to be spending a lot of time making investments. Some of these investments may seem obvious: You'll have to invest in equipment, real estate, and employees. Some i

Read Full PostRead - Eye Icon
The Prudent Group
Finance
25/10/2016The Prudent Group

The Prudent Investment Fund seeks to provide long-term capital appreciation by offering an attractive yield. The Board of Director’s approach in selecting investments for the Prudent Investment Fund is focused on individual company analysis.

Read Full PostRead - Eye Icon
Fossil Group, Inc. to Acquire Wearable Tech Innovator Misfit .
Finance
13/11/2015Fossil Group, Inc. to Acquire Wearable Tech Innovator Misfit .

Acquisition of Leading Technology Platform and World-Class Engineering Team Will Fuel Rapid Growth in Wearable Technology

Read Full PostRead - Eye Icon
How Fleet Insurance Can Enhance Risk Equations For SMEs?
News
15/06/2022How Fleet Insurance Can Enhance Risk Equations For SMEs?

Fleet insurance is insurance coverage for a business’s vehicles. Instead of getting insurance for individual cars, you can get collective insurance for the fleet. It will save you the hassle of monitoring each vehicle’s separate car insurance policy and re

Read Full PostRead - Eye Icon
Auditing culture, values and behaviours is essential in a #MeToo world
Leadership
22/03/2018Auditing culture, values and behaviours is essential in a #MeToo world

Within 10 days of the first tweet being posted, over 1.7m people in 85 countries had referenced #MeToo on Twitter. That number has now exploded and as a result, the hash tag has become the emblem of a global movement that is impacting businesses, countries and

Read Full PostRead - Eye Icon
Drillisch’s Acquisition of Phone House Germany
Finance
21/05/2015Drillisch’s Acquisition of Phone House Germany

Drillisch's Acquisition of Phone House Germany

Read Full PostRead - Eye Icon
Fresh Water Anytime, Anywhere
Innovation
06/09/2023Fresh Water Anytime, Anywhere

Water shortage is a very real issue plaguing a multitude of countries, and most are starting to feel the effects now more than ever. However, SkyH2O has been tirelessly working to resolve the issue before it spirals out of control. Now heralded as the Best Atm

Read Full PostRead - Eye Icon
In-House Legal Team: Should You Invest or Continue With Outside Help?
Legal
23/11/2022In-House Legal Team: Should You Invest or Continue With Outside Help?

There is no hiding from the fact that companies, both large and small, need to invest in legal aid to help with the smooth running of their operations. And, with more than 90% of legal and tax professionals saying their work provides them with a significant se



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow