{"id":3876,"date":"2022-03-07T07:09:39","date_gmt":"2022-03-07T07:09:39","guid":{"rendered":"https:\/\/news.sap.com\/india\/?p=3876"},"modified":"2023-08-14T17:18:49","modified_gmt":"2023-08-14T17:18:49","slug":"automate-key-business-processes","status":"publish","type":"post","link":"https:\/\/news.sap.com\/india\/2022\/03\/automate-key-business-processes\/","title":{"rendered":"How to Use an Asset Management System to Automate Key Business Processes?"},"content":{"rendered":"<p class=\"\" data-id=\"3\"><span class=\"\">Automation evokes polarized opinions from both leaders and employees. For some, it is critical as it ensures business continuity, cost-effectiveness and <\/span><span class=\"\"><a class=\"\" href=\"https:\/\/camunda.com\/wp-content\/uploads\/2020\/10\/Camunda-State-Of-Process-Automation.pdf\">business efficiency<\/a><\/span><span class=\"\">. For others, it may create feelings of insecurity and panic due to the perception of the impending loss of jobs.\u00a0<\/span><\/p>\n<p class=\"\" data-id=\"4\"><span class=\"\">In fact, according to a\u00a0<\/span><span class=\"\"><a class=\"\" href=\"https:\/\/www.mckinsey.com\/business-functions\/mckinsey-analytics\/our-insights\/global-survey-the-state-of-ai-in-2020\">McKinsey report<\/a><\/span><span class=\"\">,\u00a0<\/span><span class=\"\"><a class=\"\" href=\"https:\/\/www.mckinsey.com\/business-functions\/mckinsey-analytics\/our-insights\/global-survey-the-state-of-ai-in-2020\">31%<\/a><\/span><span class=\"\">\u00a0of organizations are worried about labor displacement and job loss stemming from job automation and artificial intelligence (AI). No matter which side of the spectrum businesses lie on, to advance the trifecta of growth\u2013People, Process, and Technology, automation is essential.<\/span><\/p>\n<h2 data-id=\"5\"><span class=\"\">Why is Automation Necessary?<\/span><\/h2>\n<p class=\"\" data-id=\"6\"><span class=\"\">Automation refers to a wide range of technologies that aim to lower human intervention in processes without compromising on the quality of the final output. The business benefits of automation are aplenty.<\/span><\/p>\n<p class=\"\" data-id=\"7\"><span class=\"\">From empowering decision-makers to make quick, informed decisions to accelerating business processes, the benefits cover the entire spectrum of operational efficiency. A few data-backed advantages of using an <a href=\"https:\/\/www.sap.com\/india\/products\/supply-chain-management\/asset-management-eam.html?source=contentsynd-in-SAPNews\">asset management system<\/a> to drive end-to-end automation within an enterprise include:<\/span><\/p>\n<ul class=\"\" type=\"disc\" data-id=\"8\">\n<li class=\"\"><span class=\"\">Saved employee time: According to estimates,\u00a0<\/span><a class=\"\" href=\"https:\/\/www.salesforce.com\/content\/dam\/web\/en_us\/www\/documents\/platform\/it-leaders-fueling-time-and-cost-savings-with-process-automation.pdf\"><span class=\"\">73% of IT leaders<\/span><\/a><span class=\"\">\u00a0claim they ended up saving 10-50% of the time they previously spent doing manual tasks due to automation success.<\/span><\/li>\n<li class=\"\"><span class=\"\">Reduced labor costs: For\u00a0<\/span><span class=\"\">57% of IT leaders<\/span><span class=\"\">, automation technology saves departments between 10 and 50% on costs previously associated with manual processing.<\/span><\/li>\n<li class=\"\"><span class=\"\">Accelerated task completion: According to\u00a0<\/span><a class=\"\" href=\"https:\/\/images.adpinfo.com\/Web\/ADPEmployerServices\/%7B085dfeb6-e471-4e88-b8fb-dc0b2b9b2b07%7D_2020-In(Sight)-Report.pdf\"><span class=\"\">42% of business leaders<\/span><\/a><span class=\"\">, workflow automation speeds up completion of repetitive tasks.<\/span><\/li>\n<li class=\"\"><span class=\"\">Minimized human error: As per\u00a0<\/span><a class=\"\" href=\"https:\/\/images.adpinfo.com\/Web\/ADPEmployerServices\/%7B085dfeb6-e471-4e88-b8fb-dc0b2b9b2b07%7D_2020-In(Sight)-Report.pdf\"><span class=\"\">50% of organizations<\/span><\/a><span class=\"\">\u00a0surveyed, business process automation (BPA) minimizes human error in the workflow.<\/span><\/li>\n<li class=\"\"><span class=\"\">Increased productivity: For\u00a0<\/span><a class=\"\" href=\"https:\/\/images.adpinfo.com\/Web\/ADPEmployerServices\/%7B085dfeb6-e471-4e88-b8fb-dc0b2b9b2b07%7D_2020-In(Sight)-Report.pdf\"><span class=\"\">78% of business leaders<\/span><\/a><span class=\"\">, automating tasks in the organization boosts productivity for everyone involved.<\/span><\/li>\n<li class=\"\"><span class=\"\">Greater focus on value-driven work: A staggering\u00a0<\/span><a class=\"\" href=\"https:\/\/images.adpinfo.com\/Web\/ADPEmployerServices\/%7B085dfeb6-e471-4e88-b8fb-dc0b2b9b2b07%7D_2020-In(Sight)-Report.pdf\"><span class=\"\">85% of business leaders<\/span><\/a><span class=\"\">\u00a0believe that automating some of the workload gives employees more time to focus on the goals that truly matter to the company.<\/span><\/li>\n<li class=\"\"><span class=\"\">Increased human achievement: According to estimates, around\u00a0<\/span><a class=\"\" href=\"https:\/\/www.uipath.com\/newsroom\/new-study-shows-adoption-of-business-automation-technologies-is-driven-by-the-c-suite\"><span class=\"\">88% of CEOs<\/span><\/a><span class=\"\">\u00a0polled firmly believe that automation will accelerate human achievement.<\/span><\/li>\n<li class=\"\"><span class=\"\">With an overwhelming\u00a0<\/span><span class=\"\"><a class=\"\" href=\"https:\/\/camunda.com\/wp-content\/uploads\/2020\/10\/Camunda-State-Of-Process-Automation.pdf\">97% of IT decision-makers<\/a><\/span><span class=\"\">\u00a0attributing process automation to be a key driver of digital transformation, using the right kind of automation (think: an asset management system) and driving an automation-ready culture are important facets to consider.<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3878 size-full\" src=\"https:\/\/news.sap.com\/india\/files\/2022\/03\/01\/Deliverable_25337_1645259981466-73_851200x306.jpg\" alt=\"Automation Necessary\" width=\"1200\" height=\"306\" srcset=\"https:\/\/news.sap.com\/india\/files\/2022\/03\/01\/Deliverable_25337_1645259981466-73_851200x306.jpg 1200w, https:\/\/news.sap.com\/india\/files\/2022\/03\/01\/Deliverable_25337_1645259981466-73_851200x306-300x77.jpg 300w, https:\/\/news.sap.com\/india\/files\/2022\/03\/01\/Deliverable_25337_1645259981466-73_851200x306-1024x261.jpg 1024w, https:\/\/news.sap.com\/india\/files\/2022\/03\/01\/Deliverable_25337_1645259981466-73_851200x306-768x196.jpg 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<h3 data-id=\"10\"><span class=\"\">How Can the Firm&#8217;s Culture Support Automation?<\/span><\/h3>\n<p class=\"\" data-id=\"11\"><span class=\"\">Establishing a cross-organization cultural shift requires a change in employee and leadership mindset. To start with, there needs to be greater reinforcement of three key messages that redefine automation the right way:<\/span><\/p>\n<ul class=\"\" type=\"disc\" data-id=\"12\">\n<li class=\"\"><span class=\"\">Automation is about taking over\u00a0<em class=\"\">tasks<\/em>, not employee jobs.<\/span><\/li>\n<li class=\"\"><span class=\"\">Automation is about\u00a0<em class=\"\">complementing<\/em>\u00a0your existing team\u2019s capabilities and skill-sets instead of replacing them.<\/span><\/li>\n<li class=\"\"><span class=\"\">Automation aids in establishing an\u00a0<em class=\"\">employee-first<\/em>\u2013instead of a machine-first\u2013culture, if implemented correctly.<\/span><\/li>\n<\/ul>\n<p class=\"\" data-id=\"13\"><strong><span class=\"\">To drive automation success, the idea of automation needs to be effortlessly woven into the cultural DNA of the organization. This can be achieved by:<\/span><\/strong><\/p>\n<ul class=\"\" type=\"disc\" data-id=\"14\">\n<li class=\"\"><span class=\"\">Changing the mindset of employees and addressing a sincere lack of communication through:<\/span>\n<ul class=\"\" type=\"circle\">\n<li class=\"\"><span class=\"\">Open and honest discussions that address the employees\u2019 concerns and encourages them to speak up<\/span><\/li>\n<li class=\"\"><span class=\"\">Change-management programs that are wired to prepare people for change and are aligned with the needs of the employees as well as those of the technology, CRM, and other departments<\/span><\/li>\n<li class=\"\"><span class=\"\">Demonstration of alternative mindsets and processes that focus on the positive collaboration of the human-machine workflow<\/span><\/li>\n<li class=\"\"><span class=\"\">Open dialogues that are centered on the pain-points related to process discrepancies and employee limitations such as lack of skill, for instance<\/span><\/li>\n<\/ul>\n<\/li>\n<li class=\"\"><span class=\"\">Engaging leadership and empowering them to understand the benefits of automation and how it can alter the company\u2019s functions<\/span><\/li>\n<li class=\"\"><span class=\"\">Listening to the people, acting on their suggestions\/ideas, and developing a mutual understanding with the employees to ultimately add automation to key business functions strategically (and to the employee\u2019s advantage)<\/span><\/li>\n<li class=\"\"><span class=\"\">Resolving the divide between the IT and business departments by encouraging collaboration during deployment, designing, and maintenance of automation workflows across teams and departments<\/span><\/li>\n<li class=\"\"><span class=\"\">Encouraging the workforce to be more agile, adaptable, and flexible in their approach to new automated procedures<\/span><\/li>\n<li class=\"\"><span class=\"\">Communicating and leading with the benefits of automation for the organization, the employees, and the customers at large<\/span><\/li>\n<\/ul>\n<p class=\"\" data-id=\"15\"><span class=\"\">Building an automation-first company requires organizations to inculcate an automation-first culture and mindset. In simpler words, involving the right people-assets becomes the foundation on which a winning automation program rests.<\/span><\/p>\n<h3 data-id=\"16\"><span class=\"\">The Role Talent Plays in Successful Automation<\/span><\/h3>\n<p class=\"\" data-id=\"17\"><span class=\"\">An automation-first company, in essence, should intrinsically build a culture of innovation, creative problem-solving, and productivity. Additionally, it should foster a culture of collaboration and communication. However, automation brings with itself the primary challenge of an ever-widening skills gap\u2013one where the employees do not have the requisite soft and technical skills required to make the most of the automation software. In fact, a recent\u00a0<\/span><span class=\"\"><a class=\"\" href=\"https:\/\/www.mckinsey.com\/featured-insights\/future-of-work\/retraining-and-reskilling-workers-in-the-age-of-automation\">McKinsey survey<\/a><\/span><span class=\"\">\u00a0found that \u201c<em class=\"\">addressing potential skills gaps related to automation\/digitization<\/em>\u201d was a Top-10 priority for 66% of participants today.<\/span><\/p>\n<p class=\"\" data-id=\"18\"><span class=\"\">The proposed solution lies in leveraging the right people\u2013and empowering them with the right knowledge\u2013to augment the automation initiatives instead of viewing automation as a replacement to human talent, skills, and knowledge.<\/span><\/p>\n<p class=\"\" data-id=\"19\"><strong><span class=\"\">Businesses can address the automation-skills gap by:<\/span><\/strong><\/p>\n<ul class=\"\" type=\"disc\" data-id=\"20\">\n<li class=\"\"><strong class=\"\"><span class=\"\">Tasks:<\/span><\/strong><span class=\"\">\u00a0Identifying and mapping out the repetitive, error-prone tasks (and processes) that can be easily automated via a whiteboarding session with an experienced automation expert<\/span><\/li>\n<li class=\"\"><strong class=\"\"><span class=\"\">Teams<\/span><\/strong><span class=\"\">: Embracing a team-first approach and understanding the missing skills among the team members to conduct relevant training<\/span><\/li>\n<li class=\"\"><strong class=\"\"><span class=\"\">Training:<\/span><\/strong><span class=\"\">\u00a0Setting up training programs that focus on learning, documenting, and understanding automated processes and building a culture of continuous learning as research indicates that for\u00a0<\/span><a class=\"\" href=\"https:\/\/www.salesforce.com\/content\/dam\/web\/en_us\/www\/documents\/platform\/it-leaders-fueling-time-and-cost-savings-with-process-automation.pdf\"><span class=\"\">29%<\/span><\/a><span class=\"\">\u00a0of organizations, employee training and resistance is a challenge when rolling out automated solutions<\/span><\/li>\n<li class=\"\"><strong class=\"\"><span class=\"\">Learning<\/span><\/strong><span class=\"\">: Providing free, valuable e-learning content (think: workshops, guides, etc._ and helping employees retrain at quality educational institutions<\/span><\/li>\n<li class=\"\"><strong class=\"\"><span class=\"\">Upskilling<\/span><\/strong><span class=\"\">: Driving opportunities for employees to upskill to lower the knowledge-skill gap with respect to automation, especially since\u00a0<\/span><a class=\"\" href=\"https:\/\/www.mckinsey.com\/featured-insights\/gender-equality\/the-future-of-women-at-work-transitions-in-the-age-of-automation\"><span class=\"\">Mckinsey<\/span><\/a><span class=\"\">\u00a0states that\u00a0<em class=\"\">\u201cup to 24% of currently employed women and 28% of currently employed men might need to upskill and learn new skills due to a shift in demands caused by automation.\u201d<\/em><\/span><\/li>\n<li class=\"\"><strong class=\"\"><span class=\"\">Soft-Skills<\/span><\/strong><span class=\"\">: Paying special attention to the soft skills gap (read: emotional intelligence of employees, for example) instead of solely focusing on the technical skill gap<\/span><\/li>\n<li class=\"\"><strong class=\"\"><span class=\"\">Excellence<\/span><\/strong><span class=\"\">: Creating an automation center of excellence that documents actions in real-time and centralizes important information, making it readily available to one-and-all<\/span><\/li>\n<\/ul>\n<p class=\"\" data-id=\"21\"><span class=\"\">Long story short, there\u2019s a growing need for talented, automation-savvy workers if businesses wish to extract the maximum potential of automation processes and systems, and thrive in a competitive landscape.<\/span><\/p>\n<h3 data-id=\"22\"><span class=\"\">How can data be stored in an automation-friendly way?<\/span><\/h3>\n<p class=\"\" data-id=\"23\"><strong><span class=\"\">The final leg of adapting your organization to the automation journey is understanding:<\/span><\/strong><\/p>\n<ol class=\"\" start=\"1\" type=\"1\" data-id=\"24\">\n<li class=\"\"><span class=\"\">How can data be stored in an automation-friendly way?<\/span><\/li>\n<li class=\"\"><span class=\"\">Why should the cloud be used to store data automatically via third-party processes?<\/span><\/li>\n<\/ol>\n<p class=\"\" data-id=\"25\"><span class=\"\">Around\u00a0<\/span><span class=\"\"><a class=\"\" href=\"https:\/\/images.adpinfo.com\/Web\/ADPEmployerServices\/%7B085dfeb6-e471-4e88-b8fb-dc0b2b9b2b07%7D_2020-In(Sight)-Report.pdf\">52%<\/a><\/span><span class=\"\">\u00a0of business leaders believe they can automate 10-30% of their daily workload. This means that tremendous amounts of data get generated as the business processes get automated. Storing said data in a physical space can create issues of costs, lack of infrastructural bandwidth, etc. This is where cloud data storage comes into play.<\/span><\/p>\n<h3 data-id=\"26\"><span class=\"\">Here\u2019s how to\u00a0<span class=\"cst1\">develop a data automation strateg<\/span>y:<\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3877 size-full\" src=\"https:\/\/news.sap.com\/india\/files\/2022\/03\/01\/Deliverable_25337_1645260012773-4_Key_Steps_Automation_1200x821.jpg\" alt=\"Asset Management System\" width=\"1200\" height=\"821\" srcset=\"https:\/\/news.sap.com\/india\/files\/2022\/03\/01\/Deliverable_25337_1645260012773-4_Key_Steps_Automation_1200x821.jpg 1200w, https:\/\/news.sap.com\/india\/files\/2022\/03\/01\/Deliverable_25337_1645260012773-4_Key_Steps_Automation_1200x821-300x205.jpg 300w, https:\/\/news.sap.com\/india\/files\/2022\/03\/01\/Deliverable_25337_1645260012773-4_Key_Steps_Automation_1200x821-1024x701.jpg 1024w, https:\/\/news.sap.com\/india\/files\/2022\/03\/01\/Deliverable_25337_1645260012773-4_Key_Steps_Automation_1200x821-768x525.jpg 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p class=\"\" data-id=\"27\"><strong class=\"\"><span class=\"\">Step 1:<\/span><\/strong><span class=\"\">\u00a0Develop a well-conceived data automation strategy.<\/span><\/p>\n<p class=\"\" data-id=\"28\"><span class=\"\">Before zeroing in on a robust cloud tool, focus on developing a data automation strategy by asking the following questions:<\/span><\/p>\n<h3 data-id=\"29\"><span class=\"\">Automation-related questions to ask:<\/span><\/h3>\n<ul class=\"\" type=\"disc\" data-id=\"30\">\n<li class=\"\"><span class=\"\">Which of the company\u2019s core areas can benefit from automation?<\/span><\/li>\n<li class=\"\"><span class=\"\">How much of the asset\u2019s time is wasted doing manual work?<\/span><\/li>\n<li class=\"\"><span class=\"\">Which components and processes of the data operations are consistently failing?<\/span><\/li>\n<li class=\"\"><span class=\"\">How much time will it take to automate a procedure?<\/span><\/li>\n<li class=\"\"><span class=\"\">How to demonstrate the value of automation to business owners and key stakeholders?<\/span><\/li>\n<li class=\"\"><span class=\"\">How to execute the automation process while ensuring better reporting, machine-learning procedures, and adaptability?<\/span><\/li>\n<\/ul>\n<h3 data-id=\"31\"><span class=\"\">Data-related questions to ask:<\/span><\/h3>\n<ul class=\"\" type=\"disc\" data-id=\"32\">\n<li class=\"\"><span class=\"\">How to identify the most high-value datasets that provide easy access to the source systems?<\/span><\/li>\n<li class=\"\"><span class=\"\">Does the software, say an enterprise <a href=\"https:\/\/news.sap.com\/india\/2022\/01\/unified-digital-enterprise\/\">asset management<\/a> service, support the format that is central to the business?<\/span><\/li>\n<li class=\"\"><span class=\"\">How to schedule the data so that it gets updated on a regular basis?<\/span><\/li>\n<li class=\"\"><span class=\"\">Will the data be obtained by a central IT organization or a specific department\/agency?<\/span><\/li>\n<li class=\"\"><span class=\"\">Is there a need to assign a Data Custodian who will ultimately be responsible for maintaining data on the IT infrastructure in tandem with the business needs?<\/span><\/li>\n<\/ul>\n<p class=\"\" data-id=\"33\"><span class=\"\">As a best practice, set clear goals and realistic expectations for the automation process and ensure that the cross-functional teams are always involved in the planning process. Other important points to keep in mind include:<\/span><\/p>\n<ul class=\"\" type=\"disc\" data-id=\"34\">\n<li class=\"\"><span class=\"\">Work backward to understand what the end state of automation looks like and chart out an ideal workflow<\/span><\/li>\n<li class=\"\"><span class=\"\">Consider a cloud tool that is known for its foolproof security<\/span><\/li>\n<li class=\"\"><span class=\"\">Document your processes thoroughly and consistently<\/span><\/li>\n<li class=\"\"><span class=\"\">Take an incremental approach and start simple.<\/span><\/li>\n<li class=\"\"><span class=\"\">Always use data automation keeping the end-user in mind and ensure that it solves specific business problems.<\/span><\/li>\n<\/ul>\n<p class=\"\" data-id=\"35\"><strong class=\"\"><span class=\"\">Step 2<\/span><\/strong><span class=\"\">: Think about investing in a robust, enterprise-grade, and low-code cloud storage tool.<\/span><\/p>\n<p class=\"\" data-id=\"36\"><span class=\"\">Once you have a comprehensive data automation plan in place, it is time to consider a relevant cloud storage solution\u2013one that is dependable, well-supported, and user-friendly. Also consider whether the solution will be relevant in the long term and whether it has the flexibility to grow as your organization\u2019s needs change.<\/span><\/p>\n<p class=\"\" data-id=\"37\"><span class=\"\">It bodes well for an organization to invest in a cloud-based data storage tool. Here\u2019s why:<\/span><\/p>\n<ul class=\"\" type=\"disc\" data-id=\"38\">\n<li class=\"\"><span class=\"\">Reduces the processing time by processing, standardizing, and validating large volumes of data from disparate sources<\/span><\/li>\n<li class=\"\"><span class=\"\">Minimizes manual intervention, leading to reduced asset utilization, time savings, and improved data reliability<\/span><\/li>\n<li class=\"\"><span class=\"\">Improves an individual\u2019s performance by tackling repetitive and time-consuming tasks so that they can focus on more high-value jobs<\/span><\/li>\n<li class=\"\"><span class=\"\">Ensures better performance and scalability of the data environment<\/span><\/li>\n<li class=\"\"><span class=\"\">Saves time and money for businesses as the software can execute work quickly and more efficiently, particularly when resources are scarce<\/span><\/li>\n<li class=\"\"><span class=\"\">Optimizes allocation of talent and time as the human assets can focus on more productive tasks such as driving data-driven decision-making and engaging in tasks that require human originality, creative problem-solving, and imagination<\/span><\/li>\n<li class=\"\"><span class=\"\">Improves the customer experience and enables the team to get access to high-quality and up-to-date data, 24x7x365<\/span><\/li>\n<li class=\"\"><span class=\"\">Reduces instances of human error, bias, and fatigue<\/span><\/li>\n<li class=\"\"><span class=\"\">Accelerates work throughput as most cloud storage platforms and tools are low-code in nature, and can be easily used by any business user<\/span><\/li>\n<\/ul>\n<p class=\"\" data-id=\"39\"><strong class=\"\"><span class=\"\">Step 3:<\/span><\/strong><span class=\"\">\u00a0Outline the measures for data transformation with respect to time and resources needed, and engage in old-fashioned project management to maintain transparency and automate sustainably.<\/span><\/p>\n<p class=\"\" data-id=\"40\"><span class=\"\">The next logical step in the data automation journey is outlining the necessary steps for data transformation basis the functional challenges and clearly-identified gaps within the tech stack and the specific business needs. Also think about creating a dedicated team of automation \u2018champions\u2019 who can lead the charge, prioritize sub-projects\/tasks as needed, and ensure that the data automation project stays on track.<\/span><\/p>\n<p class=\"\" data-id=\"41\"><strong class=\"\"><span class=\"\">Step 4:<\/span><\/strong><span class=\"\">\u00a0Verify for success, test as often as needed, and calculate the ROI of automation.<\/span><\/p>\n<p class=\"\" data-id=\"42\"><span class=\"\">Once the process is underway and the data is stored, make sure to verify that the dataset was successfully loaded, devoid of any roadblocks throughout the procedure. Ideally, aim to iterate, test, and develop once an automated procedure has been prototyped. As a thumb rule, schedule the dataset to be updated on a regular basis and keep tracking the time versus cost progress to gauge what\u2019s working (and what\u2019s not). Aim to prioritize processes that save time and can offer higher ROIs for best results.<\/span><\/p>\n<p class=\"\" data-id=\"43\"><span class=\"\">Creating an automation-friendly firm starts with establishing an automation-friendly culture, keeping the employees at the forefront of the change. An automation-first firm can benefit from increased productivity, reduced operational gaps in the tech stack, increased revenue growth, and scalable as well as sustainable customer retention.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gain an understanding of how an asset management system works, and why a firm\u2019s culture and the right talent play an important role in supporting automation.<\/p>\n","protected":false},"author":3480,"featured_media":3936,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[7737],"tags":[5619175,5619647,5619173,5619172],"sapn-display":[5619873,5619871,3807326,60294],"sapn-type":[5616887],"class_list":["post-3876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solutions","tag-asset-management","tag-asset-management-system","tag-business-growth","tag-business-management","sapn-display-feature-hero","sapn-display-feature-spotlight","sapn-display-homepage-hero","sapn-display-topic-hero","sapn-type-feature"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How to Use an Asset Management System to Automate Key Business Processes?<\/title>\n<meta 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