Why and What is BPM software
Visibility and agility are essential in managing an organization’s workflow. Every business revolves around a core set of processes designed to meet any number of objectives. But while these processes are integral components to operations, they’re often burdened with redundancy, inefficiency, and inflexibility.
Modern Business Process Management (BPM) platforms provide an organized approach to process management that allows companies to solve strategic business issues in a cost-effective manner.
The advantages of BPM are often overlooked and the indicators that a company may need it are frequently dismissed. Businesses often assume that certain operational annoyances are simply to be expected, not considering that they could be easily addressed with the appropriate BPM solution.
5 major benefits from implementing a BPM solution are:
- Move all workflows and processes from the analogue to the digital world.
- Give a holistic systematic approach to achieving optimized business outcomes.
- Increasing process performance and compliance.
- More transparency and efficiency across the many information silos.
- Increase customer satisfaction through transparent customer journey
To compete successfully in the environment of today, businesses must find ways to reap the kind of benefits BPM delivers. Otherwise, at best they are missing out on profits and at worst they risk being overrun by their competitors.
Innovation and Transformation Agility have become critical in the hyper-intense environment of today and BPM offers a path to achieving that agility. A BPM approach will help your business innovate and transform its way to achieving more business value.
Business Process Management has in fact become a mission critical business capability.
What is BPM Software?
Different organizations “do” Business Process Management in different ways. It is possible to use basic business applications like Microsoft Excel and PowerPoint for modeling, but it is time-consuming, labor-intensive, and lacks consistency across functional units, meaning it is not scalable.
BPM Software, its more advanced than BPA (Business Process Analysis) Software, it’s mitigated the challenges faced by ad hoc BPM practitioners, by providing leadership teams, process owners, and modelers, and business users technology to effectively amplify benefits across processes, functional units, and entire organizations.
BPM Software is not simply about drawing flowcharts and process maps, though Business Process Management Software it’s the whole process of Business Process Management and CIP (Continuous Improvement Process) to boost BPM and business responsiveness and flexibility in changeable times, by supporting communication and collaboration.
Because BPM Software is specially designed to support the CIP (Continuous Improvement Process). CIP creates a positive feedback loop (analysis, design, transformation/action, monitoring/measurement), supporting efficiency and evolution. It amplifies the impact of your BPM efforts, resulting in more effective implementation, and a larger share of benefits.
BPM Software significantly lowers the barriers to increasing process performance, compliance, and seizing opportunities for innovation by allowing organizations to optimize and streamline the way they manage their processes and improvement initiatives.
By positioning organizations to “do what they do better”, to react to change with agility, and precisely align strategy with execution for market success, BPM Software can support operations across an entire Enterprise.
BPM empowers organizations to manage and ‘do’ their business processes better, as key business success attributes are built into the discipline. Boosting transparency, communication, and engagement across the business and thereby performance is what BPM is about.