Before going into details on how business process management (BPM) software is helping firms, a word about BPM per se. It is a part of the operational aspects of management and focuses on ways and means to optimise a company’s performance levels. It is distinct from traditional forms of management techniques in that, modern and advanced software is used to streamline the management process to increase efficiencies leading to exponential business growth and development. It also helps to cut down on operating costs while boosting revenue generation therefore enhancing profitability margins.
Examples of a couple of software related to BPM will make the point clearer. Consider Keep it Simple & Smart Workflow (KiSSFLOW), a BPM tool available in Google Apps Marketplace. It helps owners devise the best workflows in business operations. A retail outlet in Melbourne can configure the software to take in inventory levels of individual items or use it to notify when cash collections exceed a certain pre-fixed limit. Similarly, for a company specialising in office cleaning in Sydney, this BPM software can be structured to work out cleaning routines, manpower allotments and inventory levels of cleaning solutions.
Another award-winning BPM software is The Revel POS System. It is very effective and is good for almost any businesses such as hotels and restaurants and retail outlets even if it is spread over multiple locations. The Revel POS software helps maximise customer relationships, payroll management, monitoring of inventories and sales tracking to name just a few.
There are many advanced BPM software and most of them can be strategized to be industry-specific. For any business to increase market share and brand awareness as well as optimise operating processes, it is imperative that these softwares be an integral part of the company.