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Companies today face the challenge of making their processes efficient and avoiding time bottlenecks. This is where Business Process Management (BPM) comes into play. In this article, we will explain what BPM is and how it helps companies save valuable time and optimize their processes.
We can say that Business Process Management is both a discipline and a technology.
As a discipline, it deals with how we examine or analyze, identify, optimize, and monitor business processes to ensure that they produce the right results over time.
As an intelligent automation technology, however, BPM connects processes, people, digital workers, data and software. This enables tasks to be completed faster, more efficiently and more accurately.
One example of how BPM can save companies time is the integration of systems like SugarCRM and Infor. Let’s say a company wants to create a prospect as a new customer in SugarCRM. With a well-defined BPM workflow, this process can be automated by simultaneously creating a new record for the customer in Infor. This eliminates the time-consuming manual entry of customer data into both systems. The BPM workflow ensures that the information is seamlessly synchronized between the systems.
This automation not only saves time, but also reduces the risk of errors that can occur with manual processes. By streamlining the integration of systems and using BPM, companies can work more efficiently and free up valuable resources for more important tasks.
In addition, BPM enables continuous monitoring and improvement of processes. By collecting data and analyzing process performance, companies can identify bottlenecks and optimize them in a targeted manner. The result is a steady increase in efficiency and improved quality of business processes.
Business Process Management is a long-term and complex task, and yet companies should tackle it because the benefits it brings far outweigh the time and effort required. Here are some of the key benefits at a glance:
Increased efficiency: BPM enables companies to analyze, optimize and automate their processes. This identifies and eliminates bottlenecks, redundancies and inefficient processes, resulting in a significant increase in efficiency. By automating repetitive tasks, employees can focus their time on more valuable activities.
Cost reduction: More efficient processes also mean reduced costs. By identifying and eliminating waste, duplication and sources of error, resources are saved. In addition, automating tasks can reduce personnel costs.
Better quality: BPM enables companies to standardize and control their processes. This minimizes errors and improves the quality of products or services. By introducing quality assurance and control measures, companies can also increase customer satisfaction.
Customer centricity: BPM focuses on the entire customer lifecycle and helps companies align their processes with customer needs and expectations. By optimizing customer interactions and quickly handling inquiries or complaints, customer satisfaction is increased.
Agility and adaptability: In a constantly changing business world, it is important to be agile and flexible. BPM enables companies to quickly adapt processes and take into account new requirements or market conditions. This promotes competitiveness and enables companies to respond more quickly to changes.
Transparency and control: BPM provides companies with a transparent view of their processes. By documenting, modeling and visualizing processes, companies gain a comprehensive overview of their operations. As a result, bottlenecks, bottlenecks and inefficiencies can be identified and eliminated. In addition, BPM enables the monitoring of process performance and the identification of optimization potential.
Overall, it can be said that Business Process Management (BPM) helps companies save time and increase their efficiency. By identifying, automating and optimizing processes, companies can use their resources more effectively and become more competitive. BPM makes it possible to eliminate bottlenecks, reduce errors and improve the quality of business processes.
We are excited to announce a promising new partnership between FELLOWPRO and partners 2 innovate!
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