BP Logix is the only company to offer a BPM software solution (Process Director) with Process Timeline technology-- a workflow engine that incorporates the dimension of time all the way from model to execution. Traditionally, BPM software has been driven by two key factors:
However, many BPM solutions have neglected the element of time. Time allows businesses to obtain additional control over processes by allowing for prediction elements, or business process intelligence, to determine timeliness.
Imagine if your BPM software included an automated solution that could alert you when the timeline for a specific task wasn’t met, or if future tasks are at a risk of not being met? How could that change efficiency for your organization?
The element of time management is crucial to planning and oversight. Intelligent Business Process Management (iBPMS) allows for human intervention when a workflow process gets off track, or can trigger a different event in the process. Traditional BPM focuses on quality and business process governance, but adding a workflow engine with business process automation capabilities along with the predictive element of time gives the user the ability to see how later process stages will be affected by the previous ones. This adds huge value to the managed process by allowing the earliest possible notification of potential delays to allow intervention before timeline problems arise.
In workflow processes, there is a review and approval step in place, but it doesn’t answer the questions:
“When will this task complete?”
“When will this entire process complete?”
These questions are of great importance in management, because while it may be great to know you are on track to hit a specific goal, it is still important to know what is currently happening. It is similar to comparing the act of looking at a transactions in a register to discover errors, rather than simply looking at a monthly profit and loss statement.
Time efficiency is achieved often through business process automation, with cost savings as the most obvious goal.
Outside of automation, these savings come about by removing process redundancies and streamlining business processes, usually through the support of BPM software. More efficient use of time, less paper consumption, and business process automation can certainly tighten processes and reduce expenses, creating a higher ROI. Reduced risks and lowered costs of non-compliance issues also effect the bottom line.
A flowchart will say, “What happens next,” while Process Timeline's workflow engine will more importantly ask, “What must be completed before this step begin and how long will it take?”
The two benefits of BPM software, process efficiency and process governance, are now improved on by incorporating the critical element of a time-focused process technique, found only in BP Logix Process Director. Process Director BPM platform includes Process Timeline workflow engine, which results in even greater benefits.
BP Logix developed Process Director BPM software and the workflow engine, Process Timeline, in order to address the critical element of time in business process management. Process Timeline equips businesses to build robust process models without the need to develop code, making it a preferred BPM software solution. And because flowchart workflow automation is appropriate for some processes, Process Director has integrated both models, allowing traditional and intelligent processes to work together to create complex and manageable processes for optimal effectiveness, quality, and compliance needs. Contact us to learn more and schedule a free demonstration of Process Director today.