In every organization there are common business processes designed to help meet objectives. Yet all business processes are susceptible to inefficiencies and performance issues. Process-driven enterprises must continuously evaluate, improve, and optimize their business processes withbusiness process management (BPM).Many of these organizations eventually come to the inconvenient realization that traditional BPM initiatives are not enough. Business processes continually evolve and multiply as an organization scales, reaching a point where they become unmanageable.In a McKinsey report,Getting Ruthless with your Processes, the authors examined the difficulties that global organizations face when managing their processes.They found that nearly one third of the 317 executives of global organizations surveyed said that their organization would be more effective if it reduced the number of its standardized processes. One of these executives, in charge of a large oil company, reported having “30 different processes for the simple act of folding a seat on an oil rig.”For organizations that have already implemented some level of process control, adopting a powerful automation tool like business process management software (BPMS) can help take them to the next level.
BPM Software as the Solution
BPM software is a process automation tool that allows organizations to model, design, execute, optimize, and manage their business processes. With BPM software, organizations can overcome the rigidity of standardized processes, allowing them to create complex business processes spanning different departments.
How BPM Software Adds Value to Organizations
Organizations that have implemented business process management initiatives are already experiencing the benefits of streamlined processes. Yet to overcome traditional BPM growth inhibitors and work towards digital transformation, a comprehensive process automation tool like BPM software is needed. More specifically, BPM software adds value to process-driven enterprises in four key areas:
