At its most basic level, Business Process Management (BPM) improves system functionality by managing and tracking work. At a deeper level, BPM is an operations management discipline, using a combination of methods, which can include discovering, modeling, analyzing, measuring, improving, optimizing, and automating business processes.
However, what organizations will want to know is this: How does effective BPM save time and cost?
As a starting point, an effective BPM approach utilizes processes as key assets of an organization to provide value-added products and services to clients and customers.
All organizations have workflows, but BPM has advantages over workflow because:
To know more about BPM vs. workflow, you can read this blog.
What are the benefits of good business process management?
Here are some features of BPM that are important to understand:
BPM practices in the real world – Sagitec Software Studio (S3)
The Sagitec Software Studio (S3) is a web-based XML generator that serves as an Integrated Development Environment (IDE) for binding your benefit administration solution with Business Entities (including data) during design time. S3 allows you to visually design, implement, and execute BPM 2.0-compliant business processes with a few clicks. You can bind screens, business rules, web services, and communication templates to your business process model – then, you can deploy, monitor, and fine-tune your run-time processes.
Sagitec visually models BPM processes within S3. The BPM engine simulates execution for each process instance as it progresses through various tasks, gateways, etc.
The Sagitec BPM engine also provides configurable escalations for user tasks and processes to notify supervisors /managers – it provides configuration to raise, via notifications, any exceptions while executing system tasks. The process engine is highly scalable and can run on multiple servers.
S3 also lets you take advantage of one integrated system rather than switching between multiple tools for system design. The IDE provides comprehensive facilities for modeling business entities and defining business rules (e.g., logical rules, decision tables, excel rules) associated with these entities and scenarios to verify rule accuracy.
For Sagitec’s clients, S3 has helped make BPM more efficient – clients can model, program, test and deploy various business processes.
To know more about S3, click on the link below.