What is Business Process Management (BPM)?
BPM is a best practice of improving the efficiency and effectiveness of any organization by automating the organization’s business processes. In relation to the business process it allows you to bring processes, people and information together. BPM not only involves managing business processes within the enterprise but also involves real-time integration of the processes of the company with those of its suppliers, business partners, and customers.
What is a Business Process Management System (BPMS)?
BPMS is a new category of management software that opens a new era for IT-powered business infrastructure. It “enables” companies to model, deploy and manage mission-critical business processes that span multiple enterprise applications, corporate departments, and business partners – behind the firewall and over the Internet.
Avoid the Failings of Many BPM Programs
Unfortunately, many of today’s Business Process Management Suites, which are supposed to be the engine for most business processes and the lifeblood of many companies, not only fail to help, but, actually accentuate the challenges they are there to solve.
There are several factors that lead to failed BPM initiatives. These include high license and maintenance costs, steep learning curve, increased dependency on vendor and developer resources, long projects, and reduced agility as a result of extensive coding and the overall proprietary nature of most BPMS solutions on the market.
Traditional BPMS’s major limitation is that it still heavily relies on overtaxed IT resources and these rigid code-based alternatives that are traditionally created are prohibitively expensive to maintain, integrate, and enhance.
It is not uncommon to hear that organizations have spent near or above $1,000,000 for software and related costly annual maintenance fees only to put the production the shelf, never to be used again.
These high costs along with typically long projects lead to difficulty in achieving widespread adoption. The ultimate goal of BPM, at the end‐state is a self-improving ecosystem in which a company starts to think of everything in terms of processes. On average, most companies only deploy one to three process-based applications using traditional BPMS products. Forrester Research calls this “flameout”.
What’s different about TeamCloud BPMS?
TeamCloud BPMS promotes what we call BPM 2.0, which in the ideal form recognizes that businesses need their software to be more cost effective, flexible, better aligned with their business focus, and consist of highly adaptive processes.
TeamCloud BPMS is the next generation of management software which empowers business users across all functional areas to quickly enhance existing business processes and/or create new processes with little or no IT involvement.
TeamCloud BPMS enables process owners and business analysts to create enterprise-wide process flows that encompass people, systems, and information sources. These process flows can provide clarity, promote common understanding and induce effective collaboration on all end-to-end business operations in a real-time environment.
TeamCloud BPMS allows organizations to transform into highly efficient enterprises capable of continuous optimization, accelerated agility and effective decision-making. It provides organizations with a substantial short-term return on investment (ROI) as well as significant long-term value. Contact us to learn more.