Prior to implementing frevvo as its BPM tool, the contracts process took 7 to 10 days to complete, as multiple parties had to sign all paperwork manually.īy switching to frevvo, Initial Saudi Group has now automated this process, accelerating it considerably. Almost half of all organizational leaders say that they spend at least 20% of their day doing routine tasks that aren’t important to their core roles.īy introducing process improvement measures, such as business process automation, 78% of business leaders believe they could save up to 30 hours a month. Process improvement also helps with time management. 80% of business leaders agree that optimization tactics such as process automation can propel companies forward in new and exciting ways.įirst off, business process improvement helps your organization better reach the objectives outlined in your business strategy.įor example, 75% of process experts agree that a BPM tool helps their organizations achieve objectives better. The value of updating each existing process can’t be overstated. However, business process optimization helps to ease these pain points by delivering better organizational structure to improve operational efficiency and drive competitive advantage. Even if you find your organizational leaders are overwhelmed, you may feel like there isn’t enough time or there aren’t enough resources to disrupt the status quo. In fact, this can be the same, even if the opposite is true. When your organization appears to be on the up and up, it can be tempting to keep working with business as usual. What’s the Value of Business Process Optimization? With process documentation in place, it’s far easier to make and communicate a process change and make sure everyone is following it immediately. You’ll also find that business processes heighten agility within your organization, simplifying change management. Officially documented processes make business process analysis easier, enabling organizations to track overall performance and tweak the business system to give themselves a competitive advantage.įor example, 35% of organizations are focusing on boosting business processes to improve existing products, while 38% are enhancing them to increase customer satisfaction. What’s more, operational processes offer a framework for continuous improvement.
With a process map drawn out, bottlenecks become more evident, so it’s easier to see how to improve processes to increase efficiency and effectiveness.įor example, almost 70% of firms are tweaking business processes to drive productivity and lower overheads. Plus, official written processes make process improvement more straightforward. Not only that but documented processes help streamline communication between departments and across external stakeholders.īusiness process documentation provides an easy-to-follow process map of how workflows should be carried out so that everyone is on the same page and accountable for their tasks in the workflow. With replicable processes in place, you’ll experience more consistent outcomes as all staff are completing workflows the same way. How to Improve Your Business Processes?Įffective business processes are the backbone of your company, providing the organizational structure and support needed to hold everything together.įirst, business processes help you design and communicate the different facets of your business strategy so that those measures are executed in a repeatable manner.What’s the Value of Business Process Optimization?.
Read on to learn why business processes are so important and what you can do to make sure yours are under control and performing to the best of their ability. If you don’t understand the value of optimizing your business processes and you’re happy with business as usual, you’re going to fall behind your competitors. Not only do business processes enable you to pinpoint inefficiencies before they become crises, but streamlined processes also enable you to produce consistent results and scale up your business operations. The importance of business processes cannot be overlooked.
More than 50% of organizations are making significant strides to improve their business processes because they recognize that businesses perform better when their processes are aligned with overall organizational objectives.