Business process management (BPM) software, workflow automation, and low-code development are all popular options for streamlining workflows in any business. Many organizations are using some form of BPM or workflow automation tools in their operations.
For instance, around 67% of businesses are leveraging business process automation solutions to gain greater end-to-end visibility across multiple systems.
But what’s the difference between them? With so many digital solutions available, it can be difficult to know what each one is used for and which one is best suited to your company’s needs. Learn how each type works and its benefits, so you can determine which solution is right for your business.
BPM vs Workflow vs Low-Code
There is a lot of confusion centered around BPM vs workflow vs low-code. Although each shares similarities, they have distinct differences. To ensure success with your business, it’s essential to understand each of them and how they are used in your organization.
What Is BPM?
Through a multitude of strategies, Business Process Management (BPM) facilitates the exploration, organization, and assessment of business processes. It centers around coordinating people’s actions as well as data from various systems and elements to produce beneficial results that support overall company objectives. BPM software allows for efficient process improvement and tight control over the entire system.
An example of BPM is a loan processing workflow. This might include tasks such as collecting customer data, verifying the information, and submitting it to a lender for approval. With BPM software, the process can be monitored and managed by setting up automated rules that ensure the entire process is running smoothly.
What Is Workflow Automation?
When comparing BPM vs workflow automation, workflow is more narrowly focused on digitizing and automating specific activities within a process. Rather than providing a comprehensive view of all business processes within an organization, it looks at individual tasks and simplifies them for greater efficiency.
Workflow automation involves setting parameters that trigger the execution of tasks based on predefined rules. It’s especially useful when dealing with complex and repetitive tasks, as well as processes that require a high level of collaboration. For example, a workflow system might be set up to automatically send an email when certain conditions are met, such as when an invoice is received.
What Is Low-Code Development?
Low-code development platforms unlock the potential of BPM strategies with increased flexibility. Low-code platforms streamline the application development process by taking coding from tedious text to simple, visual elements. For instance, it often utilizes graphical interfaces and drag-and-drop functionality to make the process design faster and more intuitive.
Low-code BPM solutions are designed to reduce the complexity and time associated with BPM development because they require less technical coding while still providing a high level of customization. This makes them ideal for organizations that need to quickly build and deploy BPM solutions, automate processes, and improve workflow management capabilities.
The Advantages of Each
Each of these solutions offers distinct advantages. Ultimately, the solution that works best for you will depend on the type of processes you’re trying to manage and your organization’s size, budget, and user base.
BPM
BPM is ideal for larger organizations with multiple, complex processes. It provides a comprehensive view of business processes, allowing for greater control and better visibility into operations.
Workflow Automation
Workflows are great for organizations that need to quickly and efficiently manage a large number of complex, repetitive tasks. It also reduces the amount of errors that can occur during manual processing due to human error and saves organizations time and money in the long run.
Low-Code Development
Low-code is perfect for organizations that want to rapidly develop and deploy BPM solutions with less coding, while still providing a high level of customization.
Which One Is Best for Your Business?
The good news is that you do not need to choose just one of these categories for your company.
Advancements in this market segment means that you can invest in a platform that provides BPM capability that leverages a low-code approach that can be used to build complex applications or simplier workflows within a single product. Platforms with this level of versatility will give you the flexibility you need to meet a variety of business challenges.
Make Your Business Processes More Efficient with ExpressAbility
At ExpressAbility, we empower businesses to achieve digital transformation goals by connecting them with the most qualified experts in BPM, low-code and workflow development. Through our software, businesses can not only become more efficient but also save valuable time and money.
Our platform approach provides the necessary tools to set up complex workflow processes, optimize user experience, streamline operational processes, and much more.
If you’re looking for a comprehensive development solution, contact us today to start the process! We’ll help you get the most out of your business processes and create an optimized workflow that best fits your organization’s needs.
