The most significant cost impacting profitability is…Payroll. Employee costs have gone up consistently for over 100 years.
If there is one area with which to focus as it relates to cost containment, it would be employee cost. These costs are not only salary and bonus, but health benefits, tuition reimbursement, maternity/paternity leave, paid holidays, 401k matching, social security, workers comp, wellness programs and the list goes on.
Digital robots don’t need any of these expensive benefits. In fact, the cost of a digital worker (Robot) goes down over time. They are not only cheaper day one- but go down quickly after a few automated workflows. The bots don’t make mistakes, even while working a 24-hour day!
Learn more about embracing a digital workforce by emailing us at operations@lydoniatech.com.