Summary: To vacation or not to vacation? The age-old challenge for organizations and their teams. With the introduction of robots, to vacation is the answer.
Whether vacationing or staycationing, chances are your finance and accounting teams are clamoring for time off this summer — a good thing for them, and for you.
Today’s leading organizations understand what study after study has shown — that from improving morale and productivity, to decreasing churn and errors, employee vacations have good ROI.
However, while organizations understand that granting time off is better for them in the long run, in the short run, it can cause headaches for management and the co-workers they leave behind.
Remaining staff are burdened with additional work as month-end closings and other tasks must still be completed on time. More work plus less people can equal staff burnout and poor work outcomes — ironically, the very scenarios time off is meant to avoid in the first place. Moreover, with fewer people working, less essential tasks may be delayed. If invoice coding and approval lag behind, payments to vendors will too, and late payments aren’t known for being great morale boosters.
Thus, how can organizations mitigate the tension between the benefits of employee holidays and the challenges they present? Robots can help.
Robotic process automation, or RPA, is automating business operations with the help of machine-learning, software-based robots …and no, they aren’t coming for our jobs.
Rather, RPA is enabling the efficient allocation of human resources and it’s rapidly changing the way accounting and finance teams operate. Robots are happy to work on repetitive, mundane, labor-intensive tasks 24/7, 365 days/year, with zero vacation, freeing your teams to spend their valuable time on strategic work that impacts the bottom line — or on holiday during the dog days of summer. It’s a win-win-win for all.
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