#HIDDEN BUSINESS OPERATIONS FREE#

This includes the ability to extend these processes beyond corporate walls to partners, suppliers, and customers. The more businesses digitally transform, and more digital information is created and captured for business use, the greater the need will be to design, implement, maintain, and improve business processes. Not only will BPM deliver results in automating processes, but with its capability to link back-end systems, connect humans, and monitor the workplace, it brings the entire organization into focus. The time has come for process improvement and automation using BPM to take its rightful place in business as an integral part of the information ecosystem.

Even partners have been known to cheat Cash handlers can alter the books and add to their own personal bank accounts, not yours. In many cases, several steps can be eliminated as the result of no value-add. Money hidden in your books Rule number one: Never, never, never let the same person keep the books and handle the cash, the credit cards, and the bank account unless it’s yourself, the owner. If there are too many steps, identify those with value, and eliminate those not adding value. When combined, there is an interesting story to tell. Listen to your people, your data, and your production assets. When it comes to understanding risk, data can tell you things you never thought to ask. If it is a review step, assess how it may be automated so that the only things requiring human intervention are exceptions. of plant operations that can be better used to manage asset performance and operational risk.

If you uncover a bottleneck, consider using parallel processing to open it up or even to distribute and balance the workload across several resources. Whatever the reason, find the real problem first, then develop an approach, and select the right technology set to fix it. Perhaps, there is a bottleneck in the process or too many unnecessary steps that do not add value. Many times, I hear that the slow processing time is the issue when, in reality, that is the result of an underlying problem.

I have said this before and will continue until the day I can no longer speak: First and foremost, identify a real business problem to focus on-not just the symptoms. It becomes obvious very quickly that BPM is a good approach in addressing these issues and adding value to the business process. This same report shows that “stuck in process' is the biggest operational problem for 58% of respondents, while 46% indicate compliance errors as a problem. Poor processes will slow and even stall business transactions and activities.

#HIDDEN BUSINESS OPERATIONS FREE#

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Hidden business operations