Workflow automation is an effective way to simplify repetitive processes. It also makes employees more productive, enabling them to focus on value-generating activities. Workflow automation increases employee morale and gives them more time to do work that adds value for the company. Despite the obvious benefits, workflow automation is still a relatively new technology that requires careful consideration before implementing it. Here are some of the key benefits that businesses can gain by adopting workflow automation:
Market Dynamics:
The increasing adoption of workflow automation in various industries such as BFSI, telecom and IT, retail and consumer goods, healthcare and pharmaceuticals, manufacturing and logistics, and energy and utilities is expected to drive growth of the global workflow automation market during the forecast period. Moreover, the demand for workflow automation is increasing among small and medium-sized enterprises (SMEs).
However, high cost of implementation and data security concerns are likely to hinder adoption of workflow automation, which in turn is expected to obstruct the market growth in the forecast future.
Key features of the study:
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