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Transforming Finance: The Role of a Financial Technology Company in the Digital Age

Strategy Driven

The innovations are endless, from peer-to-peer payments to automated portfolio managers and trading platforms. Finance digital transformation involves leveraging cutting-edge technologies for better operational efficiency and enhanced strategic decision-making. It can also be done by leveraging BPM software tools to automate them.

Finance 103
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Fueling Business Process Management with the Automation Engine that Can!

Strategy Driven

Organizations deploy automation technologies as the primary resource in their Business Process Management. In the recent past, businesses had only external, third party vendors to rely on for major projects, operational emergencies, and other labor-intensive initiatives that required resources they did not have.

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Five Coaching Tips to Help Business Process Management Leaders Succeed

Strategy Driven

When organizations want to build a process culture, they need to identify leaders for each process improvement effort—namely an Executive Sponsor, Process Owner, Project Lead and Business Process Management (BPM) Team Facilitator. Remember that the Executive Sponsor and Process Owner may be new to these BPM roles.

BPM 56
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5 Early Warning Signals for a BPI Project

Strategy Driven

Let’s look at the stages of the BPM Methodology and identify early warning signals and then suggest some countermeasures that are helpful to get things righted again. This graphic shows the four stages of the BPM Methodology and the detailed phases of stage 2, the Business Process Improvement Project. Picasso and Project Management.

Project 57
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Do Your Business Process Metrics Measure Up?

Strategy Driven

Peter Fingar, co-author of Business Process Management : The Third Wave , then asks these measurement corollaries in his 2013 article “How Do Your BPM Metrics Measure Up?”. Make Metrics Visible and Accessible – Having workers, managers, supervisors, and executives see metrics helps employees make decisions and take action.

Metrics 51
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Understanding the Importance of Business Process Design

Strategy Driven

Business Process Design is one of the most critical steps of BPM that needs to be designed after the proper analysis and detection. Business Process Design for strategic management carries significant importance due to the availability of specific interpretation. Augments Operational Effectiveness: ?

Process 66
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Macro Maps Help You Align Processes and Strategy

Strategy Driven

I suggest starting with a small group of executives/managers who know the work of the department or division. (If With the managers: Begin with listing the customers – the people who receive or use the output. Explain how you built the first draft of the map with the managers, and what its components are.

Process 57