The Importance of the BPR:
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1. Improved Productivity

Research suggests that over 40% of employees spend at least a quarter of their week on manual, repetitive tasks such as email, data collection, and data entry. Implementing a technological change or a custom application can automate these repetitive tasks, and employees can reallocate time to core aspects of their job.

2. Enhanced User Experience

76% of managers feel that companies need to reengineer their user experiences, bringing people and technology together in a more human-centric way. In its recent attempt to become a metaverse company, Facebook aims to leverage advanced technologies such as AR & VR to merge the physical and digital worlds like never before, changing the very nature of human interaction at every front – from gaming to work.

3. More Agile

Flexi-processes are critical for staying competitive in the market. Business process improvement focuses on implementing flexible processes that are easy to deploy and adapt as your business needs evolve.

4. Cost Reduction

Process improvement methodologies result in lower resource requirements and reduced waste by finding solutions to generate the best process output. These methodologies allow businesses to save on expenses such as unplanned overtime and premium shipping costs, resulting in substantial savings.

5. Compliance

With changing business requirements, the regulatory standards also change. Ensuring your employees are prepared requires regular compliance training, which becomes difficult without help from external experts. With process improvement techniques, third-party consultants thoroughly document all compliance-related policies, procedures, and internal controls. Building compliance into your new business processes allows you to prevent unnecessary penalties & fines.For example, Google undergoes independent verification audits of its security, privacy, and compliance controls, to maintain global standards. It works continuously to improve its business processes and associated compliance offerings.

6. Reduced Cycle Times

Adopting process improvement methodologies such as the Kanban model helps companies deliver value to customers quickly. Additionally, by eliminating waste and improving communication and collaboration, process improvement leads to faster delivery cycles.

7. Improved Quality

In addition to accelerating product development, business process improvement can also improve product quality. For example, by deploying proper testing methods, organizations can ensure that products will advance to the production stage only after the performance, security, and other issues are resolved.