Nowadays, senior executives are faced with significant challenges with regards to their companies’ business processes.
Business executives are increasingly pressed to balance increasing their companies’ service levels and business process performance while at the same time holding down the costs and ensuring the reuse of existing core technological assets. This challenge is very profound in companies, which exhibit lower back-office productivity, e.g. high operating cost, driven by:
There is also increasing pressure from CEOs and competitors to think holistically about redesigning both core-strategic and non-strategic business processes. It is no longer an acceptable solution to install a process re-design that provides process improvement only for one group of employees while creating problems or barriers to other groups.
Today’s business processes often need to be designed as Web services (Could Computing or SaaS) and used to organise activities that occur across the business as a whole.
In the current state of the world economy IT spending is under greater scrutiny and is viewed through a magnifying lens. Most IT budgets have been stagnant, as companies have been seeking ways to cut spending and to maximize efficiency and profitability. However, the lack of timely investment in business process streamlining may lead to losing competitive edge in the future.
To comply with initiatives such as Sarbanes-Oxley and other laws and regulations, business processes and business systems need to provide process auditing and reporting capabilities.
Even in the current slow economy, companies cannot afford to ignore the efficiency and effectiveness of their business processes, otherwise they are risking becoming uncompetitive. Many companies are cancelling new IT investment projects and instead they are focusing on improving existing business processes leading to increased process efficiency and resource productivity.
So, if your answer is ‘Yes’ to any of the following questions, then you probably need to get in touch with us: