Low-Code BPM: Simplifying Business Process Management

Business Process Management (BPM) has long been the go-to approach for organizations seeking to optimize their business processes. By gaining insight into workflows and resource utilization, they can pinpoint issues and seize growth opportunities. Ever-growing IT backlogs and a shortage of IT resources make low-code BPM technologies an attractive proposition. They enable companies to do more with existing resources and leverage less-technical employees to drive process innovation. A low-code platform enhances BPM initiatives by speeding up process design and automation, enabling businesses to achieve faster results.

What is low-code BPM? 

Low-code BPM involves employing a low-code platform to help teams design, implement, and refine business processes with minimal coding effort. User-friendly interfaces, intuitive drag-and-drop features and pre-built templates enable users with varying levels of technical expertise to automate the simple and complex processes that support daily business operations.

What are the benefits of low-code BPM? 

Reduced costs 

In an era where businesses need to stretch their budgets, low-code BPM allows organizations to do more with less. Gaining a better understanding of business processes and utilizsing resources more effectively allows organizations to reduce operational costs. In addition, by minimizing the need for extensive coding and specialized IT resources, low-code platforms can significantly reduce the costs associated with BPM initiatives. 

Rapid deployment 

Designing the perfect process is one thing but getting your new solution live and reaping the benefits quickly is another. Traditional BPM solutions often require lengthy development cycles. Low-code BPM platforms significantly reduce deployment time by enabling quick prototyping and iterative improvements. 

Enhanced collaboration 

Every business process involves various stakeholders, each bringing valuable insights to the table. Low-code BPM fosters collaboration between technical and non-technical stakeholders, resulting in better communication and alignment between teams, leading to more efficient and effective process implementations. 

Agility 

Internal and external changes can require businesses and their processes to shift in line with new demands and challenges. Low-code BPM enables businesses to react to change quickly, putting them in a strong position within the market.

Low-code BPM success 

Stone Coast Fund Services, a private fund administration firm in the US, utilized Bizagi's low-code BPM platform to digitize and automate its business processes across all departments. Their first application went live within just six weeks and after scaling up the program, they have noted improvements in risk mitigation, transparency, and efficiency. 

Key features of low-code platforms that support BPM 

Workflows 

Workflows are essential for automating and orchestrating the flow of tasks and decisions within a business process. They enable users to define the sequence of activities, set up triggers for task assignments, and establish rules for how tasks move between different stakeholders, ensuring that processes run smoothly and efficiently. 

Form builders 

User-friendly form builders make it easy to create customized, intuitive interfaces for data entry and approval processes. With simple drag-and-drop tools, anyone can design forms that capture exactly the information they need, all while keeping things seamless and straightforward for both users and stakeholders. 

Business rules 

Business rules let organizations define and enforce intricate business logic within their processes. By allowing the specification of rules that govern decision-making and operational procedures, business rules engines ensure consistency and compliance while providing the flexibility to adapt to changing business needs. 

Integration capabilities 

A robust low-code platform offers extensive integration capabilities that allow organizations to easily connect with various systems, applications and data sources. This ensures that data flows between disparate systems and enables real-time information sharing, which is critical for effective decision-making. 

Reporting and analytics 

Advanced reporting and analytics tools are integral for monitoring and optimizing process performance. These features enable organizations to collect, visualize, and analyze key performance indicators (KPIs) and other relevant metrics. By facilitating data-driven insights, businesses can identify bottlenecks, streamline operations, and continually improve processes for enhanced efficiency and effectiveness.

The future of BPM is low-code 

As businesses increasingly embrace digital transformation, the demand for agile, efficient, and user-friendly BPM solutions will continue to rise. Low-code BPM platforms empower organizations to innovate faster, streamline operations, and stay ahead in a competitive market. 

By integrating low-code BPM into your business strategy, you’re not just optimizing processes - you’re building a foundation for sustainable growth and success.