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Automation – How to save your business money and time

automated business alerts

Automation – How to save your business money and time

Automated business alerts…what are they and why do they matter? 

Automated business alerts…what are they and why do they matter?

Your business is talking to you. Can you hear it?  

Ok, I’m not crazy. What I mean is that every day your business sends you signals, hidden messages, and alerts that you often miss.  

  • Maybe an anomaly in reporting has occurred.  
  • A problem in stocktake has arisen.  
  • Risk in your budget has exposed itself. 
  • There’s potential fraud occurring within the business. 
  • Are customers paying on time, or is an ongoing issue arising. 

Believe it or not, these are common problems. Do you try to fix the issue before it becomes a problem, or would you instead put out a raging fire when it’s too late? 

But why does this matter? 

Fix an issue quickly; problem averted. Fix an issue too late; catastrophe alerted. 

I’m not being dramatic. Picture this: Business problems cost money—a lot of it. Imagine if you could identify trends within your business and automatically get notified when an irregularity outside those trends occurs in real-time. This data visibility is a way you can take action more quickly and with more accuracy.  

It even goes further. 

Automated business alerts help you streamline and automate business process checking so you can free up your time to get on with the important things like analysing where your business is going. 

It’s the ultimate way to ‘work on your business.  

Ignore it and watch this happen… 

We are past the days of reporting on a quarter and then making decisions for the next. Life moves too fast; businesses are becoming too productive to be using such an old-school practice.  

Here are some real world examples of what happens if you ignore this: 

  • Automatically Monitor Supplier BSB and Bank Accounts to reduce the risk of errant employees’ fraud. 
  • Automatically run quality control reports and send them to the Manager/CFO/CEO to advise potential issues before becoming a costly problem. 
  • Automate the request for updated Professional Indemnity Insurance details from your principal consultants by sending an email request directly to them a month before their existing policy expires. 
  • Automate the follow-up of unpaid customer invoices and automate the process of emailing customer statements. Sometimes customers are slow to pay simply because they have overlooked the invoice. 
  • Put this customer on credit hold automatically once a set late payment trigger is activated. 
  • Automate the reporting of employee leave trends and notify the HR manager before it becomes an issue. 

The list could go on forever.  

Want to know the best part? 

You can monitor all of the above, send alerts or reports to management, or trigger changes in your ERP system.  

Automated business alerts are truly a matter of reducing resources and increasing output. It’s a beautiful thing to watch! 

Speak to Thrive today about how we can help you achieve more visibility, more output and with fewer resources.