Maximize Roi With Business Process Automation
When recession hit the industry, organizations started finding solutions to become
more productive and this gave rise to the concept of business process automation. Commonly known as BPA, Business Process Automation refers to the process of streamlining, optimizing and automating the key processes that drive the business. The main objective of any organization for applying BPA is to cut costs, by integrating applications, cutting labor and substituting software applications for manual processes.For maximizing the shareholder's return of investment (ROI), any organization must identify unnecessary amount of work and inefficiency of labor. For this Custom BPA (Business Process Automation) software are the best solution which allow organizations to pro-actively detect and respond to events making the business processes robust, faster and better.
Business Process Automation basically rests on three pillars; orchestration, integration and dynamic process automation. While orchestration relies on easy-to-use and visually compelling interfaces. During this phase, the data and events are actually transformed into information that enables in decision making. The process of integration on the other hand, allows critical data existing along different platforms to be read, modified and exchanged. The third and the most important pillars of business automation is automated execution that allows the organization to streamline manual repetitive tasks and manage the development process to remove the hassles in the long term.
Business process automation has been around for a long time and has been proved successful in automating plethora of business processes like data gathering, invoice processing and account provisioning. However, the traditional BPA tools were costly and difficult to use, the latest automation software tools are sophisticated and useful for queuing up work, assigning it to sources, meeting service levels and tracking the results.
The standard business automation software such as ERP, SCM and CRM have a fixed integration of the process definition and software technology. The next generation of BPA tools on the other hand, are supported by software architectures and consist of three main components: process definition, integration and application. While the application software provide the functionality needed to support business software, integration systems (also referred to as business process automation engines) enforce the necessary process logic through their work flow component. These software help in offering flexibility necessary for supporting next generation business at acceptable costs.
Various organizations have now opted for these BPA tools. The implementation of these tools help organizations to visually lay out processes, create graphical forms for the employees and put the automated systems into production.
These software not only offer the superior speed, but also have integrated concepts like quality monitoring, real time supervision and workforce optimization. So, in short, it would not be wrong to say that business process automation is now a compelling option for organizations looking for a quantifiable return of their investment.
by: Christian Steven