With the technological advances and innovations in business continue to exponentially grow within their practices. The biggest challenge is all the pressure they face to stay afloat. From high climbing costs to having the fiercest competition with other companies. Long term, this causes danger to viability and businesses cannot afford to screw up continuously. To address these issues, a software has been implemented that eventually became the foundation of “digital transformation”, according to Digital Journal.
This is called Business Process Management (BPM), a software providing tools to quote “streamline processes, manage compliance, and adapt to shifting market conditions”. BPM is used to touch various different areas like different departments, locations, and IT systems. A revolutionary tactic has been made here, due to this process helping managers efficiently track and pinpoint errors & inefficiencies. Also for the team members, they can have a clear understanding of their goals and mission(s).
Speaking of efficiency, this is essentially the first and most important benefit (arguably) that users hopefully will recognize. A lot more tasks can be completed in a higher-level manner. Let’s use a couple of examples: finance and healthcare. To treat and prevent illnesses, increased automation creates higher capacity. For financing, provider automation keeps secureness over companies against fraud and error. This translates to transparency, where these companies get to view their status and performance, in turn increasing accountability.
Despite the pros, all ideas come with its cons. BPM is not a straightforward process that is easily implemented whatsoever. Some businesses and organizations are limited in terms of skill gaps, fear of change and redesign complexities. In order to resolve this, companies need to broaden their vision by being open to the idea of BPM. Seeing the benefit will lead to greater outcomes in the performance as a whole.
Why is this important to discuss? The business industry is constantly changing, from the amount of businesses being formed, their structure outlines, idea creations, improving outcomes, etc. Depending on the size of the business (whether it’s yours or you work for one), there needs to be some sort of structure and process to have smooth outputs and less friction. For me personally, I knew that all businesses had their own processes in terms of how they’re run, but BPM is a new term I had never really learned or tapped into.
Moving forward, with the knowledge of programming and software development that I’m currently learning through a curriculum, I can hopefully bring a new/different perspective into a business when I am ready to delve deeper into the work field. Maintaining business process management will improve productivity, so it is not something to ignore at all.
Source: BPM software and the move toward smarter business practices – Digital Journal
From the blog CS@Worcester – theJCBlog by Jancarlos Ferreira and used with permission of the author. All other rights reserved by the author.
