Business Process Management (BPM) focuses on optimizing company performance and efficiency. It is an iterative practice that tracks KPIs, improves processes, manages resources and risk to ensure streamlined operations.

Business Practice Management (BPM) reminds us that attacking the gap between actuals and targets (and generally improving performance) is an iterative closed-loop strategizing planning monitoring adjusting process.

The Plan zone goes beyond the identification of target values: It is where budgets, forecasts, and models are built for analysis and decision support.

Identify the leading and lagging indicators of your company’s performance

Use your performance indicators to fine-tune company strategy and internal processes

Deploy business analytics and custom-built data model

Preparation of Annual Budget

Monitor expenditure variances monthly/quarterly

Summarize historical data/trends

Discover areas that are ripe for cost reduction and streamlining

Aging payables and receivables

Expected value of new leads

Referrals and marketing efforts

Operating, financial and investment activities

Develop a balanced scorecard to give a wholistic view of your business’ health

Optimize operations by following the BPM approach

Discover practices and efficiencies to streamline operations and go lean

Maximize worker efficiency by automating their most repetitive tasks

Engineer proprietary solutions to optimize your unique internal processes

Institute a chatbot that answers your team’s most common questions

Follow your own KPIs and industry benchmark data from one central canvas

Access your dashboard 24/7 on your mobile phone

View a snapshot of the firm’s cash standing (payables, collections, receivables)