Digital Transformation represents a change in people and organizations with new ideas through technology. It is the most critical business trend, with digitization and interconnected devices driving organizations to evolve into digital entities.

However, this transformation comes with its own set of challenges and opportunities.

Though Business Process Management (BPM) has been around for two decades, it has evolved in novel ways. For instance, companies now use modern BPM tools to bridge the divide between business and IT. Nonetheless, a BPM tool helps an organization achieve its goals by reducing costs and improving productivity through better processes and technology integration.

In this article, we will explain what BPM is all about, how it can be used for your organization's digital transformation journey, and how you can implement it successfully within your organization.

Digitalization and the Importance of Digital Transformation

Digitalization is a global phenomenon that touches every industry, sector, and business. The implications of digitalization are clear: everything will change through digital transformation. It is changing how we do business, affecting all industries, and transforming the way we work and live.

New technologies and innovative ideas pressure businesses to change how they operate. As organizations become more digitally mature, they face new opportunities to improve their processes and technologies to stay competitive in today's marketplace. To remain competitive, companies must embrace digital transformation to survive this fast-changing world.

But digital transformation is not just about technology; it's about how we use technology to create better experiences for our customers, employees, and partners.

Why Should you Start Digital Transformation Now?

Digital transformation is changing a business or organization from a traditional way of doing business to a digital one. If your organization is still clinging to the old ways, it's time to get on board. Why? Because digital transformation is the key to keeping your organization on top of its game as it tries to compete in today's market.

Role of Business Process Management (BPM) in Digital Transformation

Business process management is the key to unlocking digital transformation in an organization. It provides a way for companies to manage their internal processes and improve things in areas like:

• Streamlining operations: Businesses can reduce costs by streamlining their processes through automation, leading to increased productivity and decreased errors. 
• Improving customer experience: The quality of service offered by organizations affects their brand perception among customers; hence modern BPM technologies that enhance customer experience while reducing costs.
• Propelling business growth: Technology can be used to improve the efficiency of existing processes, allowing organizations to focus on other areas essential for growth, such as product development and marketing. 
• Increasing revenue: By adopting process innovation, businesses can leverage their investments to unlock new revenue streams. 

Conclusion

To summarize, it is essential to know that digital transformation is not a goal in and of itself. It's a means to an end—and the purpose is greater shareholder value, employee experience, higher productivity, and happier customers. If you don't have systems supporting these goals, digital transformation will be a frustrating waste of time and resources.

AgilePoint provides an end-to-end business automation platform. It enables enterprises to succeed in their journey toward digital transformation.  Request your FREE trial today and discover how AgilePoint helps you build applications and workflows that optimize resources, improve business performance, and maximize efficiency.