The key steps start-ups should consider to automate their businesses in 2022
When you’re starting out in the big wide world of commerce, automation should be one of your best allies. Although inexperienced entrepreneurs may regard automation as an expensive luxury, automated services provide a significant return on investment in a variety of ways. It’s no longer a technology that only big businesses can afford.
Consider the following five areas where automation could complement your business objectives in 2022 if you’re just getting your feet wet as a startup.
Make your funding rounds more straightforward
Growing firms have traditionally had to rely significantly on third-party lawyers when seeking seed capital or Series A rounds to take their businesses to the next level. When it comes to organizing their financing rounds, today’s start-ups don’t have to rely on traditional firms. Automated procedures are now available that can close funding rounds up to eight times faster than a traditional legal firm. Tasks such as finalizing your agreements, conditions, and specific provisions, which formerly took weeks (and a large amount of money) for lawyers to complete, may now be created and automated in minutes.
Email automation saves time and resources
When it comes to responding to inquiries and leads, it’s critical for a startup company to recognize the importance of speed. With just a 30-minute delay in reaction times, the chances of converting a lead are reported to drop by 21 times. In today’s world, there is a strong desire for quick connection and fulfillment. That’s why email automation software may be a game-changer when it comes to providing quick, on-brand responses to kick off potentially profitable discussions.
Customer service chatbots that are always available
Automation can save significant time and money in terms of human resources, building on the preceding point and the requirement to give fast and economical solutions to consumer enquiries. AI-driven chatbots can be used to provide easy answers to low-level frequently asked inquiries, allowing customer care to focus on more complicated issues and concerns. Human customer service representatives can also use the chatbot software to read consumer conversation scripts. This allows them to better manage consumer demands and provide more relevant, value responses.
Social media content scheduling for maximum engagement
Optimizing and timing your company’s social media activity is critical for saving time and resources. We’re not discussing automating every component of social media marketing, such as one-on-one conversations. We’re talking about arranging a week’s worth of social postings on days and times when customers are more likely to be active on their social media profiles, such as at the end of the day or during lunchtime.
Modernize and improve your hiring strategy.
One of the keys to your sustainable long-term success as an ambitious start-up is the kind of personnel you can acquire. Finding and attracting top personnel to new businesses with little or no industry experience is not always straightforward. However, organizing and managing appropriate candidates for all vacancies inside your company might help to automate the recruitment process to some extent. There are automated recruitment solutions that work similarly to sales automation software in terms of driving engagement at every stage of the interview process.
Don’t be scared to automate those time-consuming, repetitive procedures. It’s all about making the most of your time so you can focus on the challenges that require a lot of human input and imagination to move your company forward.
ARTICLE from Business Cloud