Today’s modern businesses are encountering growing challenges resulting from factors like globalization, evolving competitors, strong industrial laws, rapid innovation, and the need for improved customer service. Organizations need robust business processes, seamless collaboration among stakeholders, and valuable insights for better decision-making to meet these requirements. Business process management (BPM) helps in the systematic management of an organization’s processes to deliver excellent customer service, ensure regulatory compliance, and achieve efficiency by better documentation of business operations and records.
What is Business Process Management?
Business Process Management (BPM) is the use of technology and software to automate and streamline business processes, tasks, and workflows. It involves designing, implementing, and managing automated processes to reduce manual effort, increase efficiency, and improve overall productivity within an organization.
Types of Business Process Management
There are different types of Business Process Management (BPM) approaches that organizations can adopt to improve their operational efficiency and effectiveness. Here are some key types of BPM:
This type focuses on optimizing and automating day-to-day operational processes within an organization. It aims to streamline workflows, improve collaboration, and reduce manual effort, leading to increased efficiency.
Integration BPM focuses on seamlessly connecting different systems, applications, and data sources within an organization. It ensures smooth data flow and communication between various software tools and departments.
Human-centric BPM emphasizes improving the human experience within business processes. It focuses on enhancing user interfaces, usability, and collaboration tools to make processes more user-friendly and employee oriented.
This type of BPM revolves around the efficient management and automation of document-based processes. It includes features like document creation, approval workflows, version control, and secure storage.
Case Management BPM
Case management BPM is suitable for complex, dynamic, and ad-hoc processes. It allows flexibility in handling unique cases and supports collaboration among multiple stakeholders.
Digital Process Automation BPM
This approach creates process models with technologies like Robotic Process Automation (RPA) and Artificial Intelligence (AI) to automate end-to-end processes. These models guide the automation and execution of processes, helping organizations align their operations with their strategic goals.
Mobile BPM extends process management capabilities to mobile devices, allowing employees to access, initiate, and complete tasks while on the go.
These types of BPM can be implemented individually or in combination, depending on the organization’s specific needs and objectives. Organizations can achieve greater efficiency, flexibility, and competitiveness in their operations by adopting the right mix of BPM approaches.
Improve Your BPM With Docsvault’s DMS Software
Docsvault is a Document Management System (DMS) software designed to help organizations manage and streamline their document-centric processes. Integrating a DMS like Docsvault with Business Process Management (BPM) can significantly improve workflow efficiency and document handling. Here are some potential ways how Docsvault’s DMS software can enhance your BPM:
Docsvault serves as a centralized repository for all types of documents, including emails making it easier to manage, organize, and retrieve critical business information. This enhances efficiency and collaboration across various processes.
Document Capture and Indexing
Docsvault’s document capture features facilitate the automated capture of documents, scanning paper documents, and extracting relevant data from digital files. This automation accelerates the document entry process, improves accuracy, and ensures documents are correctly categorized and indexed for easier retrieval.
Automated Document Workflows
Docsvault offers powerful workflow automation capabilities, enabling the creation of automated document workflows. You can design and implement document-centric workflows without programming that automates tasks, approvals, and notifications, reducing manual intervention and improving process efficiency.
Version Control and Collaboration
With Docsvault’s version control, you can track changes to documents, maintain a document history, and prevent version conflicts. This feature ensures that users collaborate on the latest version of a document, streamlining collaboration and document management.
Compliance and Security
Docsvault provides robust document security features, allowing organizations to set granular access controls for documents. You can restrict access to sensitive documents based on user roles and permissions, ensuring data confidentiality and compliance. Read: What Data Compliance Program Means for Your Business
Document Search and Retrieval
Docsvault’s advanced search capabilities enable users to quickly find documents using metadata, full-text search, or custom tags. This improves information retrieval speed and ensures users have easy access to the documents they need.
Docsvault provides mobile apps that enable users to access, review, and approve documents on the go, ensuring that critical processes can continue even when users are not at their desks.
Business Process Automation Examples
Here are five real-world examples of Document Management automation in Business Process Management:
When a new employee joins an organization, Document Management automation can handle the entire onboarding process. The system can generate and distribute digital forms for new hires to fill out, automate verification processes, and store all the necessary documents securely. This automation streamlines the onboarding process, reduces paperwork, and ensures all required documents are collected and stored efficiently.
Claims Processing in Insurance
In the insurance industry, BPM can automate claims processing. When a claim is submitted or received by email, the system can automatically scan and extract relevant data from supporting documents, such as accident reports or medical records. The system can then route the claim through predefined workflows, coordinating with different departments for review and approval. Automated notifications keep stakeholders informed about the progress, leading to faster and more accurate claims processing.
Purchase Order Processing
For procurement processes, BPM can automate purchase order approval processing. The system can capture and extract data from purchase orders and automatically route them for approval.
Customer Document Collaboration
In customer-centric businesses, BPM can enable document collaboration with customers. When customers submit documents, such as contracts or application forms, the system can automatically notify internal teams for review. Customers can also access their documents through the secured Guest Portal, reducing the need for manual document sharing and improving customer satisfaction.
These real-world examples demonstrate how Implementing Docsvault as part of your BPM strategy can significantly improve document management, streamline processes, and enhance collaboration. By leveraging the automation and intelligent features of Docsvault, organizations can optimize their business processes and achieve higher levels of efficiency and productivity.