As a business owner, you have numerous options when it comes to choosing the right software for your establishment. One of those software solutions is IBPM. Since it is a new buzzword in the business software industry, we have decided to help you understand the potential of IBPM system.
Here are the three things you have to know about IBPM before you can decide whether you want to implement it or not.
What is IBPM?
If you are under the impression that IBPM has something to do with business process management, you are on the right path. In fact, it stands for intelligent business process management, an advanced version of BPM systems that are very popular solutions on the business software market.
According to the current developments, IBPM is set on a course to become a viable BPM successor in the enterprise domain. Its features extend the functionality of popular BPM systems by introducing intelligence and cloud computing.
IBPM systems are now completely capable of linking the systems a company is already using, improve the decision-making process by adding a real-time element to it and enhance event processing.
At the end of this section, let us remind you that although IBPM is very popular now, it is not a new concept. It has been with us for 6 years now, but it took some fine-tuning and technological achievements to really make it work in 2018.
IBPM vs BPM
IBPM system is a more applicable version of the BPM. Thanks to the cutting edge technologies, companies can now use IBPM to enable the staff to use it despite their location, draw powerful insights thanks to analytics engine, and model, optimize, oversee and create business processes on the go.
IBPM brings the true agility to the BPM landscape by making the entire system more useful and applicable. The old BPM solutions had one serious problem – failed to meet the requirements of modern business process management, especially the dynamic aspect of it. Since IBPM solutions are significantly more operationally responsive than the BPM ones, they have been recognized as a more powerful solution.
To be intelligent, a BPM system has to come with the following features: cloud computing, real-time analytics, support for complex event processing and be completely mobile ready.
Benefits of IBPM
IBMP systems are made to be easily integrated with other software solutions a company is using. This becomes especially useful in terms of data tracking and recording, and analytics. Businesses can now use one platform to draw valuable insights from. More importantly, IBPM solutions can now enable multiple departments to increase efficiency and productivity at the same time.
Thanks to the automation feature, IBPM solutions now stand ready to automate repetitive tasks in an organization. This minimizes the risk of human error, while enabling the staff to focus on core business actions. The most modern IBPM systems are able to recognize the repetitive actions and suggest to moderators which ones should be automated.
Ease of Use
IBPM systems are very complex solutions. What makes them so popular is that despite this complexity they are very easy to use. Even people with no coding or technical experience are able to use the most advanced features of IBPM, such as automation, and process modelling and optimization.
Thanks to cloud computing and mobile support, your teams will be able to use IBPM systems wherever they are. This significantly increases team mobility.
These were the three things you have to know about IBPM. As you can see, they are far more advanced solutions that the legacy BPM ones. With this much functionality and ease of use, it is safe to assume that the adaptability rate of this software will increase exponentially in the future.