Is this the right time to opt for BPM (Business Process Management)?

According to Wikipedia, Business process management-BPM is a field in operations management that focuses on improving corporate performance by managing and optimising a company's business processes. It can therefore be described as a "process optimization process." It is argued that BPM enables organizations to be more efficient, more effective and more capable of change than a functionally focused, traditional hierarchical management approach. These processes can impact the cost and revenue generation of an organization.

Business Owners are claiming that they have seen a significant increase in the profit with the help of a BPM software. More details checkout @ https://kissflow.com/tutorial/what-i...ss-management/

It has always been a necessity to make modifications to an organization’s best practices in order to stay abreast with the changing conditions in the market. An efficient BPM permits the business owner to make pauses in its business processes, implement changes and re-execute it. With this, process will have the unique ability to stay on track and implement changes or redefine the tasks of its process users. The end result is a higher level of adaptability to unstable situations.

Greater control and agility allows organizations to alter workflows and re-use or customize them as necessary. Through this, business processes become more responsive through the structure that entails precise documentation of the steps involved in a certain process. The defined knowledge allows organizations to comprehend the possible impact of change on business processes. An organization that has knowledge of the effects of process modifications is more open to options that could improve profitability.

My thoughts are aligned as stated above but I would like to mention one of such vendor who has industry recognized BPM software. Newgen's BPM (Business Process Management System - BPM Workflow Software) OmniFlow is a highly scalable, platform independent BPM solution that enables wide variety of industries to streamline their business processes. Built using open technologies and having compliance with global standards, OmniFlow has seamless integration abilities, which allow it to be introduced into almost any existing IT infrastructure.

Business Process Management Software System - OmniFlow BPM Workflow Software