Digital transformation has taken a quantum leap in how a business functions — If your business lacks digitalization, it is considered somehow behindhand. Automating business processes is no longer solely an IT task, but a strategic business initiative to improve and standardize processes in an organization.
The challenge to keep pace with the technology change and stay ahead of the curve is an uphill struggle. One thing corporate should consider making successful digital changes is — Know what Business Process Management is. And the other thing is — Know The “second coming” of BPM.
Let’s be clear about BPM.
Business Process Management is an advanced system that automates, optimizes, and improves business processes. This software can structure repeatable business processes and transform them into automatic workflows with minimal time and effort. So, you got a system doing these time-consuming operations for you.
Now, there are three types of BPM:
Document-centric BPM: The purpose of this type is to create a document that is approved by everyone. In other words, it’s about making standardized documents.
Systems-centric BPM: It is to focus on integrating enterprise-wide software to offer specific point solutions. It reduces manual entries that induce errors which make it easy for any business.
Human-centric BPM: It’s an automated system with the ability to make changes. It balances automation and human intervention precisely.
But what you should know, BPM is not a one-time task; processes need continuous management. This system continues to embrace technological innovation which is transforming BPM.
Here are 3 Trends That Are Transforming BPM
Trend #1: Bots Enter Process Automation – Structured processes to automate tasks that are needed today
Trend #2: Increased collaboration in the workforce – Chat and data sharing are crucial today
Trend #3: A spike in demand for low-code systems – Fully automated processes which are common today
Building a BPM can be beneficial in many ways since it helps in:
- Understanding the procedures within organizations
- Analyzing processes from start to finish
- Improving processes and business strategies
- Adapting the business process to market trends and industry requirements
- Capitalizing on emerging technologies
So, how to choose the BPM solution that works best for you?
Vendors might be offering similar features. If you want to manage your processes successfully, choosing the right BPM solution is crucial. With artificial intelligence, cognitive Machine Learning, and process mining, BPM became capable of automating more complex business processes with real-time analytics. Entities like Intalio created products to meet the business requirements based on a need assessment and consultancy from pioneers in the Digital transformation market.
Being the core of Digital Transformation, Intalio is providing advanced BPM solutions that are easy to incorporate and can support your teams. Visit https://www.intalio.com/products/process-management/ to know more.