New Business Process Improvement (BPI) in 3 Easy Steps
Nov 12, 2019
business sector in increasingly competitive, which creates a demand for
businesses to continually streamline and improve internal functions of every
business. As organizational expectations change and new technologies arise,
competition grows. This is the fast-paced reality of successful business today.
Of course, this presents advantages for larger, more substantial businesses
that can afford to keep up with ever-changing technologies, but what about the
rest of us?
following are four tips to help you get better business process improvements
out of your business:
Identify Business Process
Improvement Areas: The initial step in the BPI process is to identify the need for
change. Conducting an internal business process audit is a helpful way to
recognize business improvement opportunities.
External business process improvement audits
provide an objective opinion on a small business’ processing systems. Many
small business owners do not have an in-depth understanding of fundamental
processing principles. They prepare information the best they can according to
basic standards. Professional processing auditors can review this information
and provide business owners with insight on the accuracy and validity of the processing
data. As a result, the audit will identify current issues or potential risks for your
company. From the audit report you will be able to prioritize your areas for
business process improvement.
Which Business Process to Improve First: Following the review of the
process improvement audit, you will be able to decide which business processes
needs improvements first. Once you’ve decided where to begin, you’ll want to
observe and evaluate the current business process. This way you can fully
understand the process from start to finish and establish realistic business
process improvement objectives. Consider which aspects of the process are not
preforming to the level you expect. Are there any roadblocks in the current
process keeping performance low? Is there a step in the process consuming too
much time resulting in processing delays? Is there a portion of the process
with excessive cost? After reviewing the business process step-by-step and from
all angles, creating a plan to streamline the business process will be easier,
more effective and cost-efficient.
Commit to The Plan: There is
no point in investing time into identifying business process improvement areas
if you do not plan to follow through with a viable solution. The success of the
business process improvement project is dependent upon support across the
company. It is vital for management to be included and for each team member to understand
the need for business process improvement to ensure they will support change
initiatives and future process change recommendations. In order to be
successful, business process improvement can be time and resource intensive,
which means all players much be on board and support new business process
Your Answer to Business Process
The most cost-effective way for your business to
succeed implementing business process improvement strategies is to partner with
a business process management expert.
The Integration, Inc. team offers extensive internal
business processing experience, bringing great benefits to your company.
Integration, Inc. values and understands that the business process automation
technology playing field is constantly in motion and progressing. That is why their
team works diligently to remain current and successful for their business
clients every day. When your business does not have the resources to keep up
with this ever-changing business environment, that’s when Integration, Inc. can