The Difference
Surajee Ratnayake
Founder & CEO of WorkHub24. | Digital Transformation Evangelist | Visiting Lecturer | Product Evangelist | Works on Business Planning, New Partner Sales Channels & Technology Marketing.
When we speak of 'Business Process Automation', many have the initial reaction of, "Isn't it part of ERP?". While ERP is very common, the term BPM may be quite new to some of you & for those who know it's often confused. However, they both contribute to,
1. Increase efficiency & productivity
2. Reduce cost & increase profits
it’s vital that you choose the right software according to specific goals & functional needs of the organization or else you could end up wasting time & money.
ERP
The core feature of an ERP system is its ability to store and pull data from a common database, allowing for a single source of truth. They come with a preset number of capabilities and rules. ERPs have integrated applications from several different business activities, such as:
* Purchasing and invoicing
* Payroll
* Inventory management
* Manufacturing
This enables all your employees to work with the same set of data, ensuring that they stay on the same page which leads to more confident business decisions.
BPM & BPM Software
A BPM Business Process Management is a discipline that focuses on capturing & improving business processes to make an organization more efficient & productive. Business Process Management Systems enables the creation of workflows to automate a broad spectrum of processes. Examples of such systems are: workhub24.com & processmaker.com.
A unique differentiation of BPM Systems is that, they enable organizations with circles of continuous improvement which consists of observation, design, modeling, execution and monitoring; key thing is, all these are done by the customer staff (such as business analysts or system analysts).
Systems like workhub24.com goes beyond traditional BPM Systems. It gives a no code, visual builder environment to build workflows that can even be operated by a person from a non-IT department.