The work of planners and accountants is associated with the processing of large amounts of data, constant checks, reconciliations and interactions with regulators. On certain tasks, departments have to do double work by compiling reports where the same information is used for different purposes.
Some time ago, our team helped a large grocery retailer automate strategic planning. The client collected information for planning from individual stores in Excel spreadsheets. Further, the tables were merged manually, and then employees calculated such vital indicators for trade as turnover, logistics, budget, etc.
The company's management demanded accuracy in planned calculations, but due to the large amount of unstructured data, this was almost impossible to achieve. As a result, employees either had to spend nights processing initial data, or take the risk of inaccuracies in assessment, consolidating information at a more generalized level.
The introduction of automated systems helped to solve these problems and delegate labor-intensive and time-consuming routine tasks to the system while employees could devote time to more important tasks such as compiling reports for a regulator or a bank.
The company could not only save a lot on the payment of overtimes. If employees comply with the work schedule, they will not have a desire to change the company, and the organization will not have to throw HR resources into finding new personnel and subsequent training.