By Mala Ramakrishnan on Jan 31, 2013
BPM is the promise of business transformation by maximizing the potential of turnkey business processes in any organization. But majority of organizations never realize this dream and land up restricting BPM to project silos at the departmental level. This is because succeeding at BPM involves a lot more than picking the right software vendor. One of the key factors to success with BPM involves leveraging several years of experience ironing out business processes for maximum performance and establishing and enforcing best practices. These best practices evolve as BPM matures in an organization and can be very unique to the industry vertical that the organization lies in. Like most things in life, repetitive practice is what achieves perfection. Business processes get re-written and changed as years go by, people in the organization mature and acclimatize to the value that BPM can bring, center of excellence bodies get created and businesses begin to realize the value that they signed up for, when they initially decided to buy BPM.
One of the best ways to shorten the time-to-value on a BPM purchase is by leveraging the strength that experience can bring in perfecting business processes. This is the goal of Oracle Process Accelerators. Process Accelerators are fully implemented business processes that can be deployed right out-of-the-box to allow users to hit the ground running with their BPM implementation. The business processes are built-out to leverage several years of best practices that have developed from our experience deploying BPM in different verticals. What is most appealing about Process Accelerators is that they are free and available for prime time use immediately.
In the next series of blog posts, I intend going into details on vertical and horizontal specific business processes and the story behind each process accelerator in our stack. Meanwhile, to find out more, you can visit us at Oracle Process Accelerators. And if you are itching to get hands-on, contact us at: email@example.com