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The Ultimate Guide to Process Management in 2021

This guide highlights various concept and benefits of process management alongside a handful of best process management software available in the market.
Table of Content

     

    The organizational paradigm is made up of many small cogs that have to be grasped in order to make the whole machinery function properly.

     

    If you fail to do that, you are going to have a business that doesn’t have the ability to evolve into something better or even function properly as is.

     

    This “oiling the cogs” in the organizational paradigm is Process Management.

     

    What is Process Management?

     

    what-is-process-management

     

    Process Management in the organizational paradigm is used by all types of companies and businesses to make sure that their work operations as a whole are working well and how they can make them run more efficiently in order to bring more value to the company.

     

    Usually, Process Management consists of the following:

    • Purging any redundant and wasteful process
    • Improving the work processes so that work can be done in less time
    • Creating a work environment of continuous improvement

     

    In this article, we are going to talk about what business process management is all about, what are the benefits of implementing a business process management routine, and what are some of the best process management software in the market that you can use in 2021.

     

    What is Business Process Management?

     

    Business process management is the routine or process to control, create, transform, and analyze different core business processes within a business or organization.

     

    Basically what this process helps to do is to run an organization more efficiently and become a powerful entity that is capable of meeting all of the objectives that it set out to achieve.

     

    Importance of Process Management

     

    There are many benefits of process management routines for your business or organization but if you don’t act quickly and implement this process in your overall business or company structure, the following things are going to happen.

    • Employees that are working for the development team are not going to be in control of the work that they are doing
    • The team members are not going to have any knowledge of who’s responsible for each individual process that is being performed in the project development process
    • There will be no way to track the progress of the tasks and process that are being performed as part of the project development process
    • If there is no failsafe process in place, there will be dire complications for the business because, in that situation, even a single error can derail the entire project and shut everything down

     

    Benefits of Implementing Business Process Management

     

    Benefits-of-process-management

     

    Here are some of the benefits that you and your company can have when you effectively implement Business Process Management.

     

    1. Reduced Production Costs

     

    One of the biggest benefits of Business Process Management and something that every single business owner in the world liked to hear is “Reduced Production Costs”.

     

    How business process management helps in reducing those costs is that the business owners can see how much the processes involved in the project development processes are costing the company and also the resources that the processes required to function properly.

     

    So how does that help you? Well, when the business owners are able to see this information, they can make an informed decision to get rid of the processes that are not cost-effective and require automation.

     

    2. Increased Operational Efficiency

     

    The other major benefit of Business Process Management is that it enables the managers or the people in charge to track and solve all of the inefficient processes that are involved in the project development process.

     

    The BPM is designed to perform this task and it helps companies identify their weak areas and helps them find different solutions to resolve them.

     

    Top Process Management Softwares to Use in 2021

     

    As with everything, there are many software in the market that you can use to infuse Business Process Management in your business structure, but we are not interested in every software there is in this category.

     

    Let’s take a look at some of the BPM tools that can help you to generate more value for the company by streamlining the project development processes.

     

    1. nTask

     

    gantt_chart_hero

     

    nTask is an application that can help you make your business processes smoother and align them with your business goals. It enables your team to use a single platform to manage anything in their projects, tasks, and business operations.

     

    It gives your interactive Gantt charts, time tracking, financial summary, budget management, issue tracking, and many other incredible features for your business success.

     

    nTask application integrates with your favorite tools, such as; Zapier, Zoom, Slack, Google Calendar, Outlook Calendar, and more.

     

    Key Features:

    • Task creation and assignments
    • To-do lists and task progress tracking
    • Task timer and timesheets
    • Risk management
    • Issue tracking
    • Visual and interactive Gant charts
    • List, grid, board, and calendar view
    • Project planning, execution, and monitoring
    • Resource planning
    • Task dependencies and sub-tasks
    • Team collaboration
    • Document management

     

    Pricing:

    • Free basic plan
    • Premium plan at $2.99/month
    • Business plan at $7.99/month
    • Custom Enterprise plan is available.

     

    • App Logo
    • Use the Best Process Management App, nTask.

      Manage all your tasks, projects, team collaboration and more in one place. Sign up today!

     

    2. Monday.com

     

    Monday

     

    Monday.com application is an incredible project management software that you can use to perform BPM for your company or organization very easily. It enables you to perform many different business activities without indulging yourself to use the typical management tools that you generally use.

     

    Let’s take a look at the software that Monday.com can be integrated with.

    • Slack
    • Google Drive
    • Jira
    • Gmail
    • Dropbox
    • Trello
    • GitHub

     

    Key Features

    • Customizable Fields
    • Email updates
    • Time tracking by project
    • Visual progress display
    • Workflow management
    • Motivational tool
    • Relevant updates
    • Activity Logging
    • Due date tracking
    • User access controls
    • Survey
    • Execution board
    • Pipedrive integration
    • Tags & Keywords

     

    Pricing

    • There is a free trial available of the software for use if you want to check out the software before you make the decision to purchase the subscription
    • The Paid subscription of the software can be purchased for $39/month

     

    3. Novacura

     

    Novacura

     

    Many times in the organizational paradigm, there isn’t much software that can be integrated with other applications or even ERP systems. If that’s a problem too, then you should get Novacura to hook up your ERP with it.

     

    The software enables you to generate low-code business-oriented software that you can push directly to the users. The software can be integrated with tools like MS Office and IFS applications among many others.

     

    Key Features

    • Business Process Automation
    • Process Change Tracking
    • Process Mapping
    • Alerts/Notifications
    • Access Controls/Permissions
    • Collaboration
    • Process Modelling & Designing
    • Visual Workflow Management
    • Business Rules Management

     

    Pricing

    • There is no trial of the software available for use
    • If you want to purchase a subscription to the software, you need to contact the company so that they can tailor a custom subscription for you according to your needs and requirements

     

    4. iGrafx

     

    iGrafx

     

    iGrafx is an incredible automation tool that allows you to perform your BPM operations very easily without any hurdles. Just take a look at the arsenal of features that it provides to the users.

     

    Key Features

    • Process Capture
    • OSHA Compliance
    • Customizable Dashboard
    • Access Controls/Permissions
    • Templates
    • PIA / DPIA
    • IT Risk Management
    • File Type Conversion
    • Knowledge Management
    • Reputational Risk Management
    • Discrete Event Modeling
    • Business Rules Management
    • Drag & Drop
    • Business Process Automation
    • Functions/Calculations
    • Risk Reporting
    • Visual Workflow Management
    • Alerts/Notifications
    • Audit Management
    • Process Change Tracking
    • HIPAA Compliant
    • File Sharing
    • Workflow Configuration
    • Drag & Drop
    • Reporting/Analytics
    • Reporting/Analytics
    • Document Assembly

     

    Pricing

    • If you want to check out the software before you make a purchase, there is an incredible trial version to use, which has a lot less functionality than the full version, but it is an excellent demonstration of the power that this tool provides
    • If you want to purchase the software, you need to contact the company so that they can custom tailor a subscription for you according to your needs and requirements

     

    5. Orchestly

     

    Orchestly

     

    One of the best BPM tools in the market right now is Orchestly. It allows the customers to manage, automate, and manage different process-related activities to make sure that the business is running smoothly, and you are generating more value.

     

    Let’s take a look at the numerous features that the software has to offer.

     

    Key Features

    • Business Process Automation
    • Form Customization
    • Request Tracking
    • Alerts/Notifications
    • Flowchart Creation
    • Reporting/Analytics
    • Workflow Configuration
    • Access Controls/Permissions
    • Compliance Tracking
    • Process Modeling & Designing
    • Visual Workflow Management
    • Business Rules Management
    • Process Mapping
    • Third-Party Integrations

     

    Pricing

    • If you want to check out the software before you make a purchase, you should use the free trial that the software offers, which has limited functionality, but you can check out the power that this tool exudes
    • The paid subscription of the software starts at $8/user/month

     

    6. SAP Business ByDesign

     

    SAP Business ByDesign

     

    If you want to tether all of the operations that are happening in your company and also in the project development process, you need to check out the software called SAP Business ByDesign. It is an incredible tool that allows you to connect your business services in a quick-to-integrate package.

     

    Key Features

    • Billings Management
    • Cash Management
    • Period Close
    • Automatic reordering
    • Order entry
    • End-to-end order visibility
    • Dashboards
    • Plug-ins
    • User-level audit trail
    • Customer Receipt Applications
    • Asset Management
    • Transactions Tax
    • Location management
    • Credit card processing
    • Order exception Resolution
    • Standard reports
    • Role-based user permissions
    • Automated Invoice Processing
    • Customer Collections
    • Travel & Expense Management
    • Subledger Reconciliations

     

    Pricing

    • There is no trial of the software available if you want to check it out before making a purchase
    • The paid subscription of the software starts at $17/user/month

     

    Conclusion

     

    If you think that we missed something or if we mentioned something incorrect in the article, contact us and we will get back to you as soon as possible.


     

    Recommended Readings:

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