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A ‘typical enterprise’ is tasked with many different activities that ultimately (and ideally) result in an increase in profits. That is what drives the structure and energy of the business. Within the different functions that take place every day, most groups, whether or not they contribute directly to revenue generation, work to improve how they operate. They focus on increasing productivity and efficiency. The belief is that with greater efficiency come greater insight and management— and, ultimately, business optimization.
Increasing efficiency is not a simple task yet it is achievable for organizations that give serious thought to applying and improving their business processes, while leveraging existing investments in technology, infrastructure and company culture. With a focus on efficiency, employees are free to be more productive and fewer cycles are spent on redundant tasks.
BP Logix customers have realized significant improvements in addressing their workflow and process automation needs. What usually helps these customers realize benefits is that they have clear goals regarding what they want to change and accomplish. When they initiate projects, their emphasis is on making users more productive and management of the processes less onerous. On top of that, they want to know what the processes are doing — and how insight into them will identify better ways of operating.
In our Value Estimator infographic, we have highlighted three companies that have experienced dramatic changes in the way processes impact their overall businesses. NEC Labs protected its intellectual property through a new approval process, Liquid Controls uses Process Director to support parallel tasking, and Multi-Plan is seeing faster processing of capital spending requests, as well as managing its assets and contracts.
The Value Estimator, and the resources listed below, provides examples of what efficiency looks like. Of course, what is needed varies depending on industry, company size, or strategic focus. One constant remains, however —and it is that greater efficiency enables employees to be more productive, and increased productivity leads to a better bottom-line.
Have a closer look at how you can leverage Process Director to impact your organization's levels of efficiency.
- To Gain a Competitive Advantage, Make BPM Inclusive : Michael Porter, Harvard Business School professor (and one of the leading authorities on corporate strategy) says that being efficient with processes is one of the most important competitive advantages an organization can have. Learn how BPM helps.
- Efficiency, Precision and Growth: Business Process Management at Liquid Controls: BP Logix customer, Liquid Controls, relies on Process Director to streamline internal processes while it grows and adapts to new markets.
