Pega, Bizagi, IBM, Oracle: The Role BPM Plays in the Business World Today

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With the new wave of technologies sweeping over the world, businesses everywhere are standing by waiting to see what the next innovation will be to deliver them from the industry angst that swarms a company daily.

Pega
BPM

Without contest, the winner will be the business process management or modeling technology that is constantly being rolled out. If you are unfamiliar with the terminology, then your business probably needs one of these services more than most, but before you can see who is who in the market, you’ll first have to learn when and why companies need BPM solutions.

What is BPM?

At a very rudimentary level, business process management tools (BPM) take the needs of a specific organization and formats the business processes into a beautiful and synchronized system that is solely focused on that goal. While many tools may already do some of the tasks that are attributed as assets of BPM, none will be able to single-handedly delegate, manage, and maintain the entire system as a BPM tool can.

This type of processing solution can manage documents, organize personnel accounts, monitor access, and handle all the work overflow that your company can throw at it simultaneously, without getting bogged down by the workload.

Why Use BPM?

The main reason that a company would and should begin using a BPM solution is that there is a lag in the production process. The majority of organizations are adversely affected by time delays in many of their programs, whether it be inventory updates, payment transactions, or bug fixes; BPM is the natural solution to help companies to clean out their problem areas and create a smoother, faster, and more efficient processing atmosphere.

There are additional reasons that a business would consider using one of these solutions, including:

  • The need to automate several processes throughout a large network.
  • Increase the efficiency of the task force by providing more accurate and consistent results provided by an automated system.
  • Collect and analyze data with unprecedented speed.
  • As a tool for recording necessary information that is relevant to the company across the board or within specific areas or departments.
  • Managing and monitoring the current position of current assignments.
  • Switching from one process to another on a consistent basis.

Some BPM solutions that are worth considering are Bizagi, BPMS Enterprise Edition, Pega and IBM Business Process Manager. You can read reviews by real users of each of these and other BPM products at IT Central Station and Become a part of the “Yelp for Enterprise,” as referred to by the Wall Street Journal.

Have experience with a BPM solution? If you haven’t already, sign up with IT Central Station and share your experiences with the community by posting a quick comment today!

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