Maintain Business Growth Rate with BPM
A discipline that improves enterprise performance by driving operational excellence and business agility can be called business process management. That is Gartner’s definition. Sure, but there is a lot more to BPM than just enhancing performance.
Within every organization there is a common business process calibrated to meet objectives. However, for any number of reasons some of these processes may be slow, inefficient, unreliable, duplicative and redundant. A BPM puts all of these processes under fresh scrutiny, using models, metrics and analysis to make evaluations and identify needed improvements that will produce better performance. When implementing new processes businesses can use BPM to make sure those processes integrate smoothly and perform properly.
As Gartner puts it,‘BPM brings attention to the
highest value processes the ones that are most aligned with the business goals and strategy for the best return on investment.’
BPM software is important because it can help organizations gain a competitive advantage by assisting business leaders to improve organizational performance by analyzing, designing, implementing, controlling and modifying operational business processes. It also helps managers and CEO’s measure, respond and control all operational processes and apply IT solutions directly to them. BPM solutions also help coordinate the improvement of staff productivity by automating the daily workforce tasks they would be doing manually if a BPM system wasn’t in place.
Agility, visibility and efficiency are 3 most crucial benefits of BPM. It is becoming increasingly important that business processes adapt to new conditions, especially as the business environment stays in a constant state of change. BPM software helps make business processes more agile through a framework that requires rigorous documentation of the steps in a process. This rigor in BPM technology helps provide a clear comprehension of each step in the workflow process. BPM uses complex software programs to automate processes, monitor business performance and reveal the details of how well business processes operate in real time. Process automation shows how the process is functioning without requiring labor intensive manual monitoring techniques. This increased transparency can give management a better understanding of the processes they monitor along with giving them the ability to directly modify the structure and flow of processes while tracking the resulting outcomes.
So we can say, it’s a win win situation for replacing their legacy monitoring systems with BPM software. In this edition, we have brought forth, 10 most recommended BPM Software providers. I certainly hope these providers can make a difference and catapult your organization’s productivity.
Do let us know what you think.