Many of our current economic troubles can be traced back to a lack of discipline and oversight of key business practices. BPM software allows you to completely document processes, enforce adherence through process automation and business rules, and monitor and audit both human and system activities at all levels of the organization. This transparency ensures that you are in the best possible position to monitor your operations and minimize your risk.
Not only does BPM deliver value in many ways but organizations that have deployed BPM consistently report a return on investment of 10 to 20 percent per process project. In short, BPM software can help strengthen an organization’s corporate infrastructure, making organizations more effective and more agile. And, as the economy improves, an organization is primed to take advantage of new opportunities better, faster and more profitably than their competitors.
3. Increased efficiency
The process automation that BPM enables results in greater throughput with the same or fewer resources, allowing the organization to either deliver more or reduce overhead by eliminating or redeploying resources that are no longer needed to meet objectives.