How to manage Business Processes in an Enterprise
No matter where you ask - could be in the financial area, marketing agencies, insurance companies or even in the automotive sector - what every expert in the market will agree on is the key indicator of a successful enterprise: Business Processes Management.
When we talk about BPM (Business Processes Management) and its effect on companies, especially large associations, there are two variants that should be considered:
- How well-defined are business processes?
- How are these processes implemented in practice?
- How easily can they be adapted and iterated?
What is a Business Process?
A business process is a well-known method used to better understand how a Business produces its product/value, by breaking down every strategic decision along the way and across all of the departments.
Basically:
- Every Process is created to serve a concrete goal;
- To achieve its goal, each process is organized in a series of Steps, arranged chronologically from the very beginning to the expected end.
- Each Step of the Process is formed by Tasks
- Finally, in order to complete the Step, every Task is assigned to individual team members or groups.
That way the lifecycle of the service or product can be better visualized and analyzed, which can be a huge facilitator when looking for errors in the keychain or ways of improving production.
Needless to say, business processes are major imperatives in any company structure as it helps streamline activities and optimize
How to manage business processes
In order to unlock an enterprise’s full potential of production, it’s absolutely necessary to ensure that all processes are well-designed and tested. The best way to achieve that is by adopting an organizational discipline called Business Processes Management, or BPM.
In BPM, the company holds the key to a complex overview of every process in its business core. Meaning every single task that needs to work together in order to make the business function.
It also helps to identify doable improvements, mainly focused on ways to create a more efficient organization.
That is why BPM is present in every single successful case of the market. What differentiates BPM from other management methods is the fact that its approach doesn’t target only individuals events (tasks) or one-time flows (projects):
BPM is designed to improve and deal with the structural part of the company, the repetitive and ongoing processes that will always need to be executed, no matter what, because they are connected to the very existence of the business.
How BPM can help?
Let’s take a Finance Department from a major company, for example.
One of the many cases that they have to deal with could be daily Travel Requests.
- Every time some employee needs to go on a work trip, being a salesman or some field researcher, the finance team receives a paper form or an e-mail about it.
- The request then needs to be taken for approval and confirmed.
- After the trip, the employee presents the receipt with travel expenses.
- The finance team files the receipt and add it to the accounting sheet.
Without proper management of Business Process this flow alone could bring havoc to the routine of an entire department!
But implementing a BPM system doesn’t do all the trick.
If we are talking about effectiveness and safety, then digitizing all these processes, tasks, and analysis via a trusted BPM Automation Platform is certainly the best way to manage business processes in an enterprise.
BPM automation platform
To assure your BPM system is working with its maximum optimization can be quite a challenge, and a huge expense too.
That is why many decision-makers are facing a huge strategic question right now: how to choose a bpm automation platform?
Thanks to our ‘new normal’ scenario, provided by a global pandemic adapting economy -, and the consequent acceleration of demand for automation in every sector - there are a lot of vendors option in the marketing right now.
So, we selected some of the must-have features every BPM automation platform should bring to the table:
- Intuitive workflow engine
- Possibility of complex dependencies and rules
- Low-code technology
- Easy drag-and-drop Form Builder
- Single sign-on (SSO)
- Full-Integration with existing apps
- Dashboard for reports and analytics
- Robotic Process Automation (RPA)
- Tasks for individual and groups
The devolute.cloud platform
We are currently offering a free demo of our own BPM Automation platform, the devolute.cloud, and its core product Dashboard.
To book a private session and try one of the most complete solutions in the market, sign up below with your favorite option.