Better processes produce lower cost, higher revenues, motivated employees, and happier customers. Business Process Management (BPM) is an approach that's designed to produce better processes through the combination of technology and expertise. BPM is a collaborative effort between business units and the IT world, and this effort fosters a new paradigm of efficient and logical business processes.
In today's dynamic business environment, organizations need to be agile and flexible so they're ready to respond to whatever challenges come their way. BPM provides that agility and flexibility by giving you more direct control over your operational processes. You can make better use of technology and your entire enterprise becomes far more responsive, helping you meet your goals.
BPM helps create value for the enterprise through growth, improved performance, better productivity, higher staff effectiveness, and better customer service. All of these improvements result directly from improved processes.
In today's economy you need to do more with fewer resources. Applying BPM principles helps your enterprise increase its productivity.
Speed to market: When a new idea or product comes along, effective BPM helps you be one of the leaders, not one of the followers who were too late to take advantage of the new market.
Reaching the global market: BPM can help you streamline and scale your supply chain operations, so you can take advantage of opportunities no matter where they may exist.
Achieving compliance: Keeping up with complex compliance, regulatory, and corporate governance requirements can be very costly and time-consuming. Using BPM, you can keep these costs under control.
Accelerating innovation: You need a business environment where innovation isn't only encouraged but also where innovation is a normal part of daily operations. Here, too, BPM can help make that possible.