Published on March 15, 2022 – Johannes Strasser, Solutions Consultant SAP S/4HANA Finance & Business Process Intelligence at Westernacher
Pandemic. Lockdowns. Volatile markets. Inflation. Changing consumer behaviors. Shifts in priorities. Emerging technologies and trends. Geopolitical conflicts. Unclear developments. All this has happened over the past two years alone. Scary on the one hand, a beautiful challenge to tackle on the other hand. Today’s fast changing business environment consequently comes with the conditions to either win or lose market share. An opportunity. For you as a company. To win. To outperform. Let’s do this.
The challenges of today’s business world
Our globalized world is so crazily fast moving that there is even a term for it – VUCA. VUCA stands for Volatility, Uncertainty, Complexity as well as Ambiguity and represents the umbrella term for challenges businesses are facing today. Disruptions through new technologies and business models are additionally taking place in almost every imaginable business area. At the same time, we find increased complexity in terms of product variety, business processes and stakeholder relationships.
In this newsletter series, we focus on the latter. SAP Business Process Intelligence (BPI) helps you to reach the next level in our VUCA world.
How SAP Business Process Intelligence can help
BPI by SAP provides a comprehensive portfolio to drive your business process transformation beyond functional silos. The holistic approach fully supports end-to-end transformation and process improvement initiatives while ensuring a seamless handover from process insights and guided recommendations to value-adding improvement actions.
BPI solutions represent the base for the intelligent enterprise of tomorrow. They allow you to chart your digital transformation at your own speed and on your own terms, regardless of your starting point. It requires a solid understanding of your customers’ pain points, in-depth process analysis, benchmarking with your industry peers, process reimagination and a smooth collaboration of all involved parties, to name a few, in order to cope with the modern business challenges mentioned above. BPI from SAP is the first to bring all these components into a unified set of solutions, combining deep process analysis with the tools needed for process re-engineering or creating entirely new and innovative business processes. It covers business process design, benchmarking, gap analysis, improvement, and process change management – with the ultimate goal to reach your next level in today’s fast-moving world.
The challenges related to the VUCA world are real. Volatility, uncertainty, complexity and ambiguity are a byproduct of the fast-moving and digitalized business world we are living in. It requires a certain agility and transformation in order to compete in such a globalized environment. Traditional approaches insufficiently support fast-paced change and lack significant business process insights, resulting in decision-making based on outdated information, and ultimately leading to unhappy customers and consequently reduced competition.
Nevertheless, there are strong opportunities to unleash the full potential of your company and to outperform your competition despite heavy market conditions. BPI by SAP brings it all together in a holistic business transformation suite, harmonizing your business processes, data and systems while emphasizing the human aspect of your organization. As BPI lays the foundation for the intelligent enterprise of tomorrow, its solutions provide both next-gen and end-to-end capabilities for strategic process transformation and the reinvention of customer experiences.