Business Process Management Strategy for your Small Business

4 Key Pillars to Ensure a Seamless BPM Experience for your Business

Small business entrepreneurs often think about how much to invest in digital tools that empower their business operations. The question arises mainly because they are unsure if their organization has attained sufficient scalability to bring on-board a digital enablement platform. Among these, one area where most small businesses cast doubt on digital transformation is business process management. 

There is a notion that BPM and BPM software is meant only for large enterprises with well-defined processes and departmental policies. BPM is a practice even small businesses need to follow and cultivate as a cultural trait right from their startup days. 

Now, the question is when should a small business start adopting BPM in its operations? The need for BPM is driven by the demand for efficiency which ultimately leads to better customer service. On this note, here are 4 key pillars you need to build in your company to ensure a seamless BPM experience:

1. Approval Matrix

In most small businesses, bottlenecks in efficiency occur due to a lack of sync in processes. Employees often wait at managerial desks seeking approvals for implementing changes or customer requirements. Managers, in turn, wait for approvals from senior leadership for various essential affairs. 

Delays in submitting contracts and postponing commitments create a wrong impression on the customer. This can be eliminated by formulating an automated process workflow culture in the organization when metrics on items can determine its approval chances. A simple example could be classifying an approval matrix based on the size of the project. A smaller deal would require just a manger’s approval while bigger ones could require review and approval by higher authorities or leaders. Once this is defined, it will be easier to build a business process around it and ultimately automate it through a BPM software.

Related Reading: 5 Ways A Project Management Tool Can Help Your Business Grow

2. Building Awareness

As you grow from a startup into an established small business, there will be a rise in the number of employees as well as departments. For collective growth, it is important to ensure that all employees have access to the right information about the company and its offerings. Only then would they be able to handle internal business process improvement practices as well as become effective spokespersons for the company in front of customers. 

Employees should be aware of how every activity in the organization leads to better customer experience. This can be achieved by having a well-defined organizational induction program for new joiners and a continuous learning initiative for on-boarded employees. This learning experience can be used to integrate employee thoughts with business objectives which will ultimately transform employees into torchbearers for BPM practices within their respective roles.

3. Encourage Autonomy

This is a continuation of the learning experience element we mentioned. There are processes within the organization that may have been brought into existence from a very complex background and scaled meaninglessly over time. To break it into simpler business models, it is important to ensure autonomous decision making by employees involved in these complex business operations. 

Related Reading: 5 Ways To Improve Business Growth Through Employee Engagement

Employees should be given time to identify and map activities to processes with guidance gained from experts whenever needed. Hiring BPM specialists to disrupt and re-write such complex processes within one day is not advisable as it may throw employees into a tantrum and lead to highly frustrating experiences.

4. Drive Data Generation

This is one of the most important pillars that need to be established while adopting business process management in a small business. Every department or team in your organization needs to have a standard data generation policy. This generated data should be a base for determining the KPIs for tracking employee performance and growth, defining their intra-departmental or team dependencies, validating their customer satisfaction objectives and much more. Once everything is defined by data, it becomes easier to bring in automation between workflows, thus enabling better process management through BPM software.

Business process management is a transformational initiative that can bring about unparalleled operational efficiency in a small business. But as illustrated here, it needs a strong foundation and support from your entire organization for effective implementation. This is where a well-defined BPM capability built into your organization’s digital backend can be a game-changer. InfinCE, with its cloud-ready enterprise digital platform, can integrate seamlessly into your operations and enable a sound BPM strategy within your company. Get in touch with us to know more.

5 Key Features Every Project Management Dashboard Should Offer

The key ingredients that make up an ideal project management dashboard.

Project management is an irreplaceable asset of any business. It plays a crucial role in driving successful business results. Across the globe, companies are increasingly investing in project management tools to help track the progress of their customer deliverables and ensuring efficient operations. 

But are you investing in the right project management capabilities needed to succeed?  

To answer this question you need to be aware of what a project management software needs to offer as features in today’s highly disruptive and digital-first business scenario. 

Here are our picks on the top 5 features you need to make sure are present in your project management dashboard. These will help your workforce to seamlessly deliver successful results for customer projects every time.

Related Reading: 5 Ways A Project Management Tool Can Help Your Business Grow 

1. Smart Workflows

All your efficient planning and strategic direction of managing a project will not find a smooth ride to success unless there are automated workflows that help synchronize different stages of project activity. In simple terms, a workflow can be defined as a series of steps that will be automated to ensure that people and project tasks move seamlessly through defined project milestones. With smarter workflows, team members can be empowered with capabilities such as automatic tracking of project communication, approvals and status updates and much more.

2. Budgeting

The success of every project irrespective of it being a customer-facing or an internal one is primarily dependent on how well it has been budgeted. By budgeting, we mean that there is a transparent view of the project’s budgetary scope and it will be easier for finance or payment teams to view the progress of project schedules and raise invoices according to pre-defined contractual obligations. 

It becomes easier for decision-makers to get a holistic view of how the project is utilizing resources to efficiently manage budgets and scope changes. It also helps them to have knowledge about how much of these budgeted figures have been accepted by the customer or internal teams that required the project. The project management dashboard that you utilize should have a clear space for tracking your budgets and trace anomalies and unexpected escalations in billing.

Related Reading: 5 Must-have Features In A Project Management Tool For Small Businesses

3. KPI Indicators

In the age of performance-oriented work culture, there are quite a lot of Key Performance Indicators (KPI) that every project manager needs to keep track of in a project. The KPIs could be related to the project’s budget, milestones and schedules, resource utilization, employee performance, time and effort, customer satisfaction indices and much more. 

The project management platform is the perfect place to have a comprehensive view of these KPI elements and hence your project management software needs to incorporate KPI visibility as a key pillar.

4. Team Management and Collaboration

Customer-facing projects often require a collaborative and constructive approach from multiple team members who may be spread across offices or continents in several cases with different time zones. Bringing them together and offering a seamless collaborative environment is an essential factor and the project management software you choose can play a big part in it. 

By having a dedicated section in the dashboard for team communication as well as collaboration options, platforms like InfinCE foster a culture of togetherness within the company that will be beneficial for sustained growth in the long run. Examples of collaborative options that employees can directly access from the project management dashboard could be joining meetings virtually through audio or video interfacing, sharing and working collaboratively on documents and files, tracking dependent task progress and much more.

InfinCE also supports you to quickly transit to remote working. InfinCE enables your workforce to get up and get running remotely, within the shortest time and without the need for any special equipment.

Related Reading: Effective Work From Home Tips – Infographic

5. Reporting

Decisions are often made by leadership by analyzing reports from project managers. These reports cover a wide spectrum of operational and functional parameters of a business. It includes employee performance reports, budget and billing reports, marketing and pipeline or lead generation reports, profit and loss reports, project progress reports and much more. And each of these reports may have multiple variants or sub-reports depending on factors such as geographical classification, vertical or industry-wise classification, product or service wise classification and much more. 

A project management dashboard needs to incorporate a powerful reporting feature that can provide comprehensive yet simplified insights of the entire business or project which will then allow decision-makers to utilize it for their next step or strategic planning.

Managing a project successfully requires considerable effort from managers and team members. But without a digital platform to organize all activities and tasks, there is no way people can handle complex project activities of today manually. This is where enterprise platforms like InfinCE can be the game-changer. Our cloud-based enterprise collaboration platform enables you to successfully manage big or small projects seamlessly with intuitive dashboards offering all the necessary features you need. Our consultants can customize the platform to suit your unique business needs thereby ensuring continuous success for your project management activities. Get in touch with us to know more. 

Effective Work From Home Tips – Infographic

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INFINCE Presents A Technology Guide For Small Businesses

Join Us to Conquer Business Battles With Technology

Free Registration: https://www.infince.com/workshop  

District Hall, 75 Northern Ave., Boston, 6pm April, 2019:

On 4th April 2019, INFINCE is sponsoring a free workshop targeting the tech needs of small industries. The workshop to be held in the District Hall of Boston aims at preparing small business owners to beat market challenges with available technology options.

In today’s world where market competition is intense and customers expect a faster response, businesses are striving to enhance their efficiencies by turning into “internet companies”. However, numerous factors like limited budget and lack of tech awareness restrain a majority of the new and growing business owners from transforming digitally.

Considering these hurdles, INFINCE has pulled together this workshop to help growing businesses make better technology decisions for rapid industrial growth. The workshop will present ways to organize a firm’s IT options in the most cost-effective and streamlined manner.

“In today’s world innovation is no longer an option but a necessity. The workshop aims at leaving attendees well informed on choosing the right digital options to solve their prevailing business situations and prepare their whole organization for a remarkable future”, says Stephen Cummings, Senior Vice President, Fingent.

Focusing on better preparing small enterprises to accommodate growing technology changes, this workshop will walk small business owners through the many do’s and don’ts of digital transformation. The workshop will be a technology guide for those small businesses who are taking their first step towards a technology future to battle immense market competition. After the workshop, those interested will be able to have a hands-on introduction to INFINCE, a new platform designed expressly to provide small business owners control over their digital capabilities now and in the future.

 

For free registration sign up at: https://www.infince.com/workshop  

 

About INFINCE

INFINCE is cloud technology optimized for small businesses and a platform to run IT without any hassles. Stephen highlighted some of the key traits of INFINCE that makes it different from other cloud platforms. Quick deployment is one such, where a company can set up and run INFINCE within minutes. INFINCE is also economical as it integrates optimal cloud configurations that cut down cost without sacrificing on performance.

 

INFINCE Presented with the 2018 Great User Experience Award

INFINCE Presented with the 2018 Great User Experience Title for Business Process Management Software by a Reputable Directory for Business Software

The highly reputable website for B2B and SaaS reviews FinancesOnline has certified INFINCE Cloud Servers with the 2018 Great User Experience award for delivering a well-designed IT solution with a consistent quality user experience. FinancesOnline conferred this award after they conducted a thorough evaluation of all our platform’s elements and features, from the “economical” Infince pricing to its core capabilities that simplify one’s technology needs.

To be eligible of FinancesOnline’s 2018 Great User Experience award, a solution must have an intuitive design, clutter-free interface, and user-friendly features. Comparing us against the top business process management tool in the market, FinancesOnline highlights INFINCE as a comprehensive solution that provides users with “total control” overall activities while simplifying repetitive processes through automation.

Other highlights for the FinancesOnline team include INFINCE’s “top class” administrative control, frictionless interdepartmental communication and collaboration, accessibility on any device, and customizable packages to perfectly suit specific requirements and specifications. All of these allow businesses to start achieving more with less time and effort, within a secure environment.

Aside from the comprehensive review, FinancesOnline also praised the platform as an efficient business process management system, with INFINCE earning a spot in its esteemed top 10 list. The cherry on top is FinancesOnline’s 2018 Rising Star award presented to INFINCE. This award is given to software solutions that have quickly increased in popularity and have established itself as a reliable brand despite being newcomers in the SaaS market.

Simply your business technology today on a smart and modern workspace with INFINCE!

 

Rising Star and Great User Experience Award to INFINCE

Leading BRB Reviews Firm Confers Rising Star and Great User Experience Award to INFINCE

The leading B2B ratings and reviews platform CompareCamp has recognized INFINCE for its reliable cloud model by conferring the Rising Star of 2018 and Great User Experience Award.

The expert review team at CompareCamp came to the conclusion after a close evaluation of INFINCE’s capabilities in serving both small and large scale businesses with cutting-edge cloud IT solutions. Together, the review team undertook a detailed analysis of INFINCE, particularly in its ability to deliver. According to CompareCamp, INFINCE’s “top functionality centers on IT essentials which include secure cloud hosting, run-your-business software, and concierge IT services.” This indeed confirms the usability and versatility of our infinite cloud solution for small and medium businesses alike.

CompareCamp gave an overall 83 points for all the capabilities offered by INFINCE combined. In their product quality score, the review team gave the highest rating of 8.4 for the array of features embedded in INFINCE. They highlighted key features that differentiate our platform from the rest, which includes optimized information management, total administrative control, enhanced team collaboration and availability of plug and play business applications. From utility apps to file sharing, management and communications capabilities, INFINCE encompasses everything that a modern business must have at their disposal to maximize productivity and thrive competitively.

 

User Experience Award

 

For ease of use, INFINCE managed to obtain an 8.2 score with its perfectly streamlined and centralized dashboards that enable effortless navigation and usage. The Great User Experience Award is conferred to INFINCE by considering its simplified cloud administration and management model. CompareCamp also lauded the inclusion of complete support for deploying and managing cloud services in INFINCE with minimal costs.

We conceived INFINCE with the aim of equipping small and medium business with state of the art cloud technology. It relies on a flexible cloud infrastructure with complete support for open source, SaaS and custom applications that encompass the IT requirements of most businesses. Besides, CompareCamp especially noted the excellent support offered by INFINCE as reflected in its 8.3 score for customer support.

Having a dedicated cloud solution with proper customer support ensures that your business is served with the right IT needs at all times. Moreover, it comes handy when you need additional compute resources or applications to accommodate the growth of your business.

INFINCE corresponds to an economical cloud solution that uplifts your business by offering affordable software options running under its secure cloud environment. It drastically cuts your IT spendings significantly through its optimally configured cloud and open source licensing.

Besides, the pre-configured setup gives you the right amount of computing resources needed to run your business smoothly. With it comes a horde of essential computing resources that will ratchet up your business productivity, all the while giving you the advantage of a true cloud service that you can access anywhere at any time.