It’s no secret. The future is all about automation, and that future is now. Every industry from automotive and financing to customer service and food service is turning to automated solutions to improve productivity and better serve customers. The market for automation is so large, in fact, that the robotic process automation (RPA) market is expected to reach a whopping $5 billion by 2020. While widespread industry adoption is common in many verticals, the insurance sector has lagged slightly. The automation wave, however, is surging, and insurance providers that have already caught that wave have found incredibly positive results. If you as an insurance provider don’t want to be left behind, it’s time to adapt and adopt an automation solution. While automation sounds like an appealing idea, there are, understandably, some barriers to entry. Automation can seem scary and sound hard to implement. For many reasons, change is difficult, but it could make all the difference.
Automation Isn’t Scary
Turning to an automated insurance agency document management system can be nerve-wracking to say the least. Adopting a new machine, as opposed to human-run solution, can bring some anxiety. Will the system be able to sort and store files in the correct manner? Is it worth the investment? What about security and compliance? These are all valid concerns, and, if they aren’t addressed, automation can certainly seem like a scary prospect. But automation doesn’t have to be scary, especially if you find the right solution. Here are some reasons you may be scared to implement an automated insurance agency document management system, along with why you shouldn’t be scared.
Why Automation Sounds Scary, and Why You Shouldn’t Be Scared
- It’s new
- Security and compliance can be difficult
- It seems like a big investment
- It will take a long time to implement
- There’s a steep learning curve
- Importing existing documents to a new system sounds cumbersome