Among the many daunting phrases in the business world is “Business Process Management (BPM)”. Three critical and complicated aspects of work come together to form one niche (and one phrase) and that is why we need to tread carefully here.
But, what if we told you that it is not very difficult after all? What if we used the word “fun” to describe it instead of the regular jargon of “boring,” “frustrating,” and “scary?”
We can hear you scream at us.
Hold on, though. We are going to reason all our claims by helping you understand what business process management (BPM) is, what its benefits are, and how you can get started with it right away.
Business process management (BPM) is about conducting business in the most efficient way possible. In other words, BPM is the process of designing, monitoring, managing, and executing inter-related business processes. This means that you bring various processes in your organization together and optimize them for the overall welfare of the company.
To understand this more clearly, we should learn about a process and what it means in the world of business.
This is probably one of the most overused words today. A process is nothing but a set of tasks that are related to each other. They are initiated either simultaneously or one after the other to achieve a common goal or a result.
But, aren’t these just tasks?
There’s a thin line between tasks and processes and that’s drawn by a result-oriented approach. A process is always done keeping the end result in mind. It is easy to execute and optimize based on the situation. A process is known to increase productivity by 24,000%.
There are many different types of processes and 3 of them are important for all businesses. They are:
A business process is a set of activities, tasks and events performed by systems and people to achieve a business goal. Commissioning a process involves several steps ranging from the ideation of the process through the building, and continuous improvement of the process – this is typically referred to as the business process life-cycle of a process.
Business project management can open up an ocean of benefits for your organization as long as it is done properly. Implementing business processes through automation yields even better results compared to manual implementation. We have outlined a few benefits below:
As aforementioned, BPM has the ability to shoot up your business’ productivity and efficiency because it streamlines most tasks, notifies you of bottlenecks (and removes them), and reduces steps that are hindering the process and/or are unnecessary.
There are very few things that can boost the satisfaction of employees and customers at the same time. Optimized BPM is one of them. Employees will have more time on their hands to focus on workplace innovation and important activities. Customers, on the other hand, will benefit from this paradigm shift by enjoying better services and products.
Strategy strengthens once you introduce BPM into the system. It helps optimize resources and align the business goals to the process itself. We know the wonders that an excellent strategy can do for a business, right?
This is the gigantic cherry on top that all of us want. With better collaboration, reduced efforts, and removal of unnecessary tasks, it is obvious that the costs will go down while the productivity keeps climbing the ladder.
It’s time to understand the reasons why you should integrate BPM into your system. If you check any of the following boxes, you need it.
Let’s try to understand BPM better by picking up examples from various industries.
Admission requirements, course certifications, research grants. The list of processes is never ending in the education sector. Thank God for BPM!
The amount of paperwork one handles in the legal department is astounding. From handling contracts to reviewing them and ensuring everything is on track, the manual process is quite tedious. BPM definitely comes to the rescue.
Claims data entry, membership life changes, membership application approval, and claim grievances are part and parcel of the insurance life. What better way to make all of these easier than with a business process management software program?
Now, we are going to talk about the use of BMP in different functions with the use of examples.
The on-boarding process is one of the most chaotic tasks for the HR department. Did you know that BPM can streamline the process and further automation can eliminate the need for filling out exhaustive paper forms? Of course! The same applies to employee timesheets as well.
Invoice approvals are pain-staking. Sometimes, a typing error here or a math mistake there can stymie the whole process. BPM eliminates these obstacles through automation. There is literally no room for error!
Ah, how we pity the accounting team! They have so much to take care of and are often short-handed. The sheer number of emails they get per day is daunting. Now, imagine their workload! When you bring in BPM to such a troubled department, you ease the burden and smoothen the entire system. Travel requests, reimbursements, etc. can happen with one click!
The purchase approval system is so ancient in a few companies that it gives employees nightmares! And no, we are not even exaggerating! Rogue spending is a constant risk along with human errors and the lack of transparency. You can say goodbye to all these issues with business process management.
Business strategy, contract management, data security, operational efficiency, and project management – there’s barely anything that BPM won’t do for the IT industry.
We are positive that we have convinced you about BPM. Let’s see how you can get started with it now.
Our era calls for the convenience of no-code and low-code app development. This is why we must look at how you can use these platforms for BPM. They work to remove all complications in the process of development. Any business can create a BPM solution with minimal resources and effort. You don’t even need to spend a lot of money because you won’t hire professional coders for it. You can also customize the tool to your needs and remove all unnecessary functions.
Traditional BPM tools are still prevalent but we think it is time to shun them. Why? They are complicated. They are also very expensive and time-consuming. With new no-code and low-code platforms you can enjoy the following:
While low-code platforms are definitely an upgrade and shower multiple benefits on the user, why stop at that? Today, no-code platforms are ruling the roost with their 0% complexity formula. They require absolutely no technical knowledge and anyone can build a BPM application from the scratch. Low-code platforms still require basic tech knowledge whereas no-code application development is so simple, anyone can use them.
Business process management and workflow automation through no-code platforms are the need of the hour and the future of application development. The faster businesses embrace it, the easier it will be for them to navigate through daily business needs and processes.
Business process management and workflow automation through no-code platforms are the need of the hour. The faster businesses embrace it, the easier it will be for them to navigate through daily business needs and processes.
Quixy is among the top no-code business process management platforms. No matter what your business may be, Quixy can help you with your business process management and automation at least 10x faster. It is also extremely easy to use. Feel free to get a free demo or signup for a free trial.
Quixy Ranked #1 No-Code Platform in G2's Summer 2021 Momentum Report