Why do i need bpm

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The specific benefits of BPM for companies fall into three main categories: Efficiency. Many processes are often fraught with waste due to a number of factors such as manual effort, poor interdepartmental handoff and a general inability to effectively monitor overall progress.

Shedding a fresh light on processes helps companies recognize and eliminate inefficiencies to the benefit of the bottom line. Once a process becomes more efficient, BPM can then be used to make that process more effective. Among the many benefits of greater process effectiveness is the ability to handle exceptions faster and better, the ability to make better, more informed decisions, and the ability to execute consistently, which is critical for providing a better customer experience.

When all processes are running effectively, and are aligned with corporate strategies and objectives, companies become more profitable and more competitive. In today's ultra-competitive business world, the need for a company to be agile is more critical than ever before.

In fact, companies with outdated, inflexible processes are going to get left behind. The need to change can come from almost anywhere, both inside and outside of an organization. New opportunities may necessitate change in order to capitalize on them. New business partners or customers may require change in order to accommodate a different way of doing business.

And don't forget, state, federal and international regulations may require a company to change its processes. Map the flow of work between people and systems and evaluate any dependencies or handovers. Execute — Carry out processes identified and designed in the previous step.

This can be done manually or using automation. Monitor — Track processes to stay up to date on their status and performance. Flag areas that are underperforming or serving as potential bottlenecks. Optimize — Use the information gathered in the monitoring phase to make process improvements to achieve cost savings or greater efficiencies. To be clear, BPM is a practice, not a market.

But some vendors offer tools to support the application development of technology solutions to carry out business processes. With Gartner identifying hyper-automation as one of the top 10 strategic technology trends for , there are several process automation tools to choose from, for different levels of complexity of business processes. For simpler to medium processes, there are simple workflow management tools, robotic process automation RPA , and no-code and low-code tools.

For medium to complex processes, there are traditional BPM tools, some more advanced low-code tools, and modern application development platforms. The last two, are not strictly focused on BPM but provide sets of tools to address a wider spectrum of use cases that include process management while removing the complexity of BPM software.

Modern app development platforms like OutSystems remove the complexity of development through configurable tools, resources, and reusable components. This way, your team can quickly create or change simple or complex BPM solutions with minimal effort through a built-in workflow engine without worrying about the different steps for modeling and implementing business processes. In addition to that, OutSystems provides several products catered to automate different types of business processes, depending on their complexity.

If you want to learn more about how to automate and optimize your business processes with OutSystems, I invite you to check our OutSystems for Business Process Management page. Looking to accelerate the digital transformation of your organization? Then join us on November 16 for our annual conference NextStep , designed for IT leaders who want to deliver innovation as fast as the business demands. By submitting this form you consent to the processing of your personal data by OutSystems as described in our Terms and our Privacy Statement.

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They may be set by us or by third party providers whose services we have added to our pages. Business Process Management BPM — a holistic systematic approach to achieving optimized business outcomes. BPM enables organizations to align business functions with customer needs, and helps executives determine how to deploy, monitor and measure company resources.

When properly executed, BPM has the ability to enhance efficiency and productivity, reduce costs, and minimize errors and risk — thereby optimizing results. Implementing best practices in BPM contributes to sound financial management and provides visibility into how well an organization is succeeding in meeting its goals.

BPM has been demonstrated by companies like GE to deliver double-digit improvements in measures such as margin, capacity, resource utilization, and capital utilization. Typical improvements included:. BPM is also a way to get more benefit from existing investments, IT investments in particular. Businesses should be looking at ways to increase their ability to create new value from money spent on systems and technology.

All of these real world examples above are representative of what has been and can be achieved with BPM.

The landscape has become intensely competitive for almost all businesses. For some businesses this is driven by globalization; for others, weakness in their local market economies is the driver of increased competition. As barriers-to-entry to competitors become lower, businesses have to fight harder than ever to keep and grow their market share in an uncertain economy.