Automation technology comprises all processes and work equipment that enable plants and systems to run automatically.
These include machines, apparatus, equipment, and other devices. Human intervention is minimal.
Millennials are now the largest generation in the workforce and businesses are being forced to adapt their antiquated processes to accommodate this tech-savvy, educated group of individuals.
As a result, businesses now more than ever are investing in automation technology to streamline manual, cumbersome tasks - allowing their staff more time to focus on strategic operations.
As it turns out, many people don’t know a lot about the history of automation.
From when it started and why, to who has leveraged it - there are many surprising facts spanning the topic.
Whether you are reading this for fun or to find a fact to help enforce a business initiative, here are five interesting facts about automation technology that you may not know.
Esker is the only cloud platform that can handle automating processes across the procure-to-pay (P2P) and order-to-cash (O2C) spectrum.
This means you have the freedom to pursue digital transformation in virtually any area of your business - automating as much or as little as you want, with the ability to expand to different processes or departments beyond your starting point.
On the P2P side, Esker’s solutions span critical processes across; supplier management, procurement, and accounts payable.
For O2C leaders, Esker offers intuitive solutions for optimizing order management and accounts receivable processes, including; credit management, invoice delivery, payment, cash application, deductions, and collections management.
With a 360° view of supplier information, Esker’s automated platform spans the entire P2P process - equipping finance departments with AI and RPA technology and helping them effectively manage compliance, gain full process visibility, reduce staff workload and achieve true positive-sum growth for their company.
Today, the P2P process is fundamental to being a competitive, financially agile enterprise. That’s why Esker has the P2P tools and technologies you need to make meaningful business transformations;
Supplier Management Automation
This ebook is for accounts payable (AP) and procurement professionals looking to leverage AI-driven supplier management automation to improve cash flow, strengthen supplier relationships and promote continuous, scalable growth. Download Now!
Supply Chain Automation: Optimizing Cash Flow in the Age of Uncertainty
This eBook examines the current challenges faced by supply chain leaders and the increasingly important role that automation is playing as businesses push for cash flow optimization. Download Now!
The Total Economic Impact™ of Esker’s Order Management Solution
Esker commissioned Forrester Consulting to conduct a Total Economic Impact™ study and examine the potential ROI that enterprises may achieve with Esker’s Order Management solution. Download Now!
4 Reasons Supply Chain Leaders Are Investing in Order Management Automation
This ebook details how supply chain leaders work in a competitive environment, and in order to get ahead of the competition, are increasingly turning to order processing automation solutions. Download Now!
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