Business Process Management: The Strategic Role

Jan 8, 2019 5:00:00 AM

Business Process Management: The Strategic Role

Business Process Management plays a very crucial role as it aims to eliminate the ambiguity and risk from ERP implementations and help companies move forward with their business strategy. An apt BPM solution facilitates and advances strategic execution. The solution extends knowledge management capabilities that allow business stakeholders and consultants to collect and share the organization’s business process knowledge. The solution makes it easy to incorporate industry-best practices and implement the ERP system in a standardized manner, with minimal customization.

Your BPM tool delivers a way to realize the alignment of business processes and applications. By providing a centralized record of all information related to ERP implementation goals, business objectives, and processes, it enables repeatable, predictable implementations. This can generate the business value, and competitive advantage companies seek from their ERP systems.

Following the ERP deployment, with all the right elements in place for a sustainable alignment between business processes and applications, a company can move forward in executing effectively to its business strategy. BPM helps businesses to document and share their business goals and strategy across the organization. In doing so, they can set priorities and make smart decisions on the requirements and priorities for IT to come up with a productive solution strategy. In addition to defining the applications to be implemented and the most effective deployment models, the solution strategy needs to deliver the solution capabilities the business needs - manage its day-to-day operations, comply with quality and regulatory standards, and manage teams and processes for best results. By using the right BPM tool, companies can make sure their solution strategy follows the direction of the business strategy and can serve to gain a competitive advantage.

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