QAction is an enterprise content management, business process management, and data governance solution from QFlow. QAction includes a complete set of enterprise content management capabilities to capture, protect, analyze, integrate, and engage content for greater insight and action. The goal is ...
Business Process Management (BPM) Tools
Best Business Process Management (BPM) Tools
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Business Process Management (BPM) Tools Overview
What are BPM Tools?
Business process management (BPM) tools have an end goal of improving corporate performance. They provide a systematic approach to managing and optimizing a company's business processes. BPM tools usually facilitate designing, modeling, implementing and measuring workflows and business rules, thus helping companies to refine and optimize processes that involve human interaction or multiple business applications. The goal might be to reduce inefficiencies, human error, or miscommunications.
BPM is often a juncture between IT and business departments at a company.
BPM Tools Features & Capabilities
- BPM software includes a visual process design tool that allows relatively non-technical users to design and test processes and workflows. The processes can usually be designed using the standard BPMN (Business Process Model and Notation) and SOA (Service-Oriented Architecture) methodologies, and exported in an executable language format (such as XPDL or BPEL).
- Users can create complex sets of business rules and conditions as part of process design and execution.
- Users can design, test and execute complex workflows, coordinating the interactions between people, systems, and data.
- Users can build web-forms without programming or coding skills.
- The software often supports things like discussion threads, decision management, and idea management.
- Users can define metrics and KPIs and run standard and custom reports.
How BPM Software Works
BPM software supports the activity of BPM by allowing users to design, model, execute, automate and analyze process workflows. A process is usually defined as a set of activities or tasks that are linked together based on conditions. Processes might involve person-to-person interactions or system-to-system.
Examples of processes that might be designed and improved using BPM software include:
- Employee onboarding
- Expense reporting
- Time off requests
- Account management
- Invoice management
- Loan origination
- Compliance management
- Customer requests
- Complaint management
- Project management or development
Benefits of BPM
BPM suites are usually designed to help improve business processes. Here are some example of the potential benefits of using BPM software:
Ensuring regulatory compliance
Improving engagement with customers or customer satisfaction
Driving competitive advantages
Improving business agility
BPM vs. Low-Code Development
Although many BPM platforms now have low-code development capabilities, BPM and low-code platforms are fundamentally different. This is largely because they have different aims. Business Process Management suites are targeted towards achieving operational excellence in enterprises. The underlying goal is to connect all processes and functions within the organization in the name of operational efficiency.
Low-code platforms, on the other hand, are designed to expedite the software development and delivery process. Low-code is about enabling "citizen developers" to build business applications by assembling building blocks, with a reduced need for coding by highly-skilled developers.
Most modern BPM products are cloud offerings, but there are still several fully on-premises offerings which appeal to buyers for a specific set of reasons. Additionally, several products offer both a cloud and an on-premises version. Potential reasons for purchasing an on-premise product include:
Preference for keeping critical systems in-house
Requirement for extensive integration with local data
Serve very large user communities
Regulatory constraints on handling and storing sensitive data, such as HIPAA.
High focus on data security and visibility
Operations in multiple countries, some of which may have low internet bandwidth or content censorship
BPM software is complex enterprise software and prices can vary quite widely depending on a number of factors such as requirements, customizations, backend coding, on-premise vs cloud software, etc. BPM vendors are reluctant to publish pricing. In general though, enterprise cloud software is likely to be between $50 and $100 per user per month.
Business Process Management (BPM) Products
Listings (101-106 of 106)
Clear Software headquartered in Zionsville offers an attended or unattended robotic process automation (RPA) solution via its ClearWork and ClearProcess products.
MATS is a low-code rapid application development solution for BPM, from MatsSoft headquartered in the UK.
The Zvolv Platform automates and adds structure to chaotic people/data-centric collaboration processes, helping drive organizational efficiency and faster time to market. Whether it's opening new outlets/stores, launching new products, distributed data collection and business intelligence, or mac...
Epixel is a multi-level marketing software product, designed for network marketing organizations that need to manage direct sales as well as recruitment commissions. Epixel MLM Software aims to let an organization manage, control, and organize the entire MLM system with premium features and funct...
Flowingly is process management and workflow automation software. This software is designed to enable users to transform old, manual ways of working into modern digital experiences. From start-ups to the Fortune 100, Flowingly is the process platform teams love to use, according to the vendor. W...