Self-Assessment: Is Your Process Ready for Automation?
Use this self-assessment to quickly evaluate whether a specific finance process is a good candidate for automation. Answer a few structured questions and get an overall readiness score to guide your next steps.
Why Use This Self-Assessment?
- Quickly screen processes before deeper analysis.
- Identify strong automation candidates early.
- Engage process owners in a structured discussion.
- Support transparent decision making.
How to Use the Self-Assessment
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Choose one finance process (for example, invoice processing, reconciliations, or reporting).
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Answer each question in the checklist and assign a score from 1 to 5.
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The scores are added and the overall automation readiness level is shown.
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Use the result to decide whether to move forward with more detailed analysis and design.
Key Assessment Questions
- Is the process repetitive and performed frequently?
- Is the process rule-based with clear, consistent steps?
- Is the data used in the process structured and digital (not paper-based)?
- Is the process currently time-consuming or resource-intensive?
- Is the process stable (not changing every month)?
- Does the process have measurable benefits if automated (time, cost, risk)?
- Are stakeholders supportive of automation for this process?
- Are there no major legal or policy barriers to automating this process?
Interpreting Your Score
- High Readiness: Strong candidate for automation – consider moving forward.
- Medium Readiness: Potential candidate – may need adjustments or further analysis.
- Low Readiness: Not ideal for automation right now – consider process redesign first.
Download the Self-Assessment Checklist
Download Self-Assessment Checklist (Excel)
The checklist includes all questions, automatic scoring, and a simple readiness rating.
Need Help Evaluating Your Processes?
Financial Factory can support you in assessing, prioritizing, and designing automation for your finance processes. Contact us for support.