Why would an organization invest time and resources into business process modeling?
There are three key benefits of implementing business process modeling: 1) Clarity: Business process modeling identify and clearly document a business’s most strategic business processes, and helps optimize those business processes to drive maximum ROI and competitive differentiation, as well as conforming to corporate standards. For example, by using business process modeling with simulation, business users and IT can clearly identify which processes have the best ROI, so that those projects are given top priority. By having a clear understanding of business processes and related costs and resources needed, business can reduce costs by eliminating unnecessary process steps, duplicate processes, and manual processes. Business process modeling fosters stronger communication between the business and IT teams to work together to support the company’s strategy. 2) Responsiveness: Business process modeling enables increased operational effectiveness for IT and a better match with business r