Automation: Mistakes to avoid to ensure regulatory compliance
This article offers insights on the best way to approach integrating automation compliance solutions to ensure regulations are adhered to. Financial organisations and banks in particular can benefit from a robust automated disaster recovery plan that sets up the essential steps to recovery of data and systems without the
need to drain human resources. Before you get too invested in an automation project, we’re looking at the common mistakes to avoid. Business decision makers who are heavily considering using automation but want to make sure they’re setting up the right software solutions in the correct way, this article should help.
What can be done to avoid common mistakes when implementing automation?
Cost, quality, accuracy, productivity and efficiency could all improve as a result of automation implementation. But unlocking these results, just like digging for gold, takes time, resources and a little luck. If the goal of implementing automation is to improve your compliance, this advice should support your efforts.
Align your technology choices with business objectives
Automation should never be viewed as a solution to a single problem or challenge. To get the most out of automation, it should work to enhance and streamline your end-to-end processes. If you speak to your IT leaders, they’ll be able to pinpoint those common pain points currently experienced within your organisation.
Create a centre of excellence for IT governance
Having a Centre of Excellence (CoE) helps ensure a central way of handling IT processes across your organisation. It helps reduce the risk of silos, especially if your organisation works across multiple territories.
Allocate testing time
Enough time should be allocated to test the algorithms and ensure they operate as expected. They may need to be refined to get the best outcome. Automation can be easy to use, but the right instructions need to be inputted, and that’s where the testing is needed.
No code development
Having no code platforms, you don’t need web developers on hand to set up the automation. The automation interfaces should be simple, removing the need for complex coding tasks, which are also susceptible to errors.
Understand the impact on your employees & stakeholders
Making sure that all the relevant employees have an understanding of how automation works and how their role and responsibilities may change as a result is crucial. Teams like to be kept in the loop and ensuring your team understand how to leverage the automation to their advantage is in your interest. Get them just as invested as you are in making processes run smoother while minimising the risk of potential mistakes.
It almost goes without saying, but stakeholders should also be informed. If the automation affects a broad area of your business, they should be part of the decision-making and approval process. The risk of not including stakeholders is that an issue may be overlooked.
What processes should not be automated?
Automation is not always the solution. It’s true that automation can help improve efficiency. However, it won’t be the sole answer on how to improve, mature or grow your business processes. You may require a complete overhaul of outdated systems or processes, retraining or hiring new team members or reviewing complex processes to make them simpler.
Eliminate jobs that aren’t ready for automation by reviewing the complexity of the steps involved. If a business operation has too many process options depending on circumstances, it might not be the best match for automation.
You may find in some instances that adding integration or extra functionality could also create the desired results without the need for automation.
Learn more about automation
To find out more about how automation for business works, speak to one of our experts or request a demo of one of the leading business automation software on the market. Our team will ensure that you’re choosing the right solution for your business maturity level and that your future goals are also considered. With help from the team at Ignite Technology, we can help reduce the implementation time of your digital transformation.
