Business Process Management (BPM) software helps organizations gain a competitive advantage by enhancing operational efficiency, improving process optimization, and increasing service innovation. All this will ultimately assist business leaders in improving overall organizational performance and refining operational business processes
In recent years, cloud computing has made an impact within the business environment through its various benefits such as easy deployment, subscription models, scalability and flexibility. Because BPM takes into account all operational areas and processes of a business, it’s important for business leaders to take a step back and consider two important factors when thinking of implementing a cloud-based BPM solution for the first time – or transitioning from an on-premise system.
Being consistent is one of the most vital and successful ways to continually grow a great business. As BPM software designs, implements, monitors, and optimizes your business processes, this is a very important aspect to consider. To really see the benefits of a BPM solution, organizations need to maintain consistency across all processes and their life cycles. The cloud doesn’t always provide a concrete data set necessary for BPM software to carry out all its functions, so in this case, on-premise BPM software could serve the purpose better than the cloud.
Consider the Pro’s and Con’s of Making the Transition – Do You Absolutely NEED the Cloud?
Typically, organizations begin thinking about implementing a cloud BPM solution to benefit from lower costs, simplified workflow management, scalability and/or improved collaboration. Therefore, businesses should be aware of the immediate benefits of implementing a cloud-based BPM solution. We suggest making a pro’s and con’s list of how a cloud solution can and will help you reach any business goals, or how making the switch may hurt you. For instance, how long will it take for you to shift your BPM system to the cloud? Will this negatively affect critical business processes? How long will they be decommissioned for?
After considering business consistency and listing the pro’s and con’s of migrating from an on-premise BPM system to the cloud, here are just a few benefits you will see after making that leap of faith – or if you decide on implementing a cloud-based BPM solution the first time around:
Flexibility: cloud BPM software ensures agility and provides access to important information to employees at any time, from any location. Individuals simply need an Internet-connected device (smartphone, laptop, tablet, etc) to access the system.
Lower Operating Costs: a cloud-hosted BPM solution ensures lower operating costs for businesses because of the subscription model. Instead of the enterprise having to pay for hardware and infrastructure maintenance and upkeep, the cloud vendor does it for them.
Collaboration: cloud-based software solutions are extremely scalable and flexible, making integration with existing systems easy. There’s no need for IT hassles, which allows you to focus on business value, and collaboration between systems just ensures increased business growth.
Looking for more? Download our Business Process Management Buyer’s Guide for free to compare the top-24 products available on the market with full page vendor profiles. The guide includes four key capabilities to look for in a BPM platform, plus questions to ask before purchasing. It’s truly the perfect resource for anyone looking to find the right BPM for their business/organization, or those looking to replace an existing one.