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How does decision automation work?

Posted by BeeckerCo on Sep 20, 2018 1:05:06 PM

Decisions_01The way in which a company responds to the constant changes in the market can be decisive in preserving the preference of its customers, this is the reason why agility of response is key for companies.

The good news is that is possible to automate intelligent decisions through the use of software that makes choices based on preprogrammed business rules.

 

Effective decision management

Decisions_02

For some companies that have always used traditional methods it might seem outrageous to hand over the responsibility of making decisions to a software.

But these specific tools  are programmed to prevent errors by making smart choices based on the company’s experience and previous decisions, so that it has a range of options based on established successes and failures.

Decision automation helps improve BI strategies within a company, as well as providing benefits in the following areas:

Efficient workflows

An excellent option for streamlining the daily activities of a company is to automate decisions. Repetitive decisions are made every day based on specific information. By creating algorithms based on this data, it is possible to increase productivity because it will not be necessary to wait for the approval of certain steps in the workflow.

Data management

Since decisions are based on business transaction data, it is possible to have better control over the operations performed in different areas of a company. It is easy to visualize the data in reports that allow for the analysis of the company's performance.

 

Why you should consider decision automation? 

Through the use of this technology, it is not necessary for a person to be monitoring each decision within a process. This, in addition to streamlining the process, allows teams to focus their attention on other more complex tasks. Additionally, it has proven to be highly successful in handling large volumes of data. 

 

Tags: IBM licenses pricing, decision automation, digital business automation

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