Funding for Business Process Management
Business process management (BPM) has the potential to drive value in multiple areas of the business, from HR to finance, supply chain, and more. For that reason, there are a variety of different ways that BPM programs can fit within the business architecture and funding structures of an organization. In this article, you’ll learn about how organizations tend to fund their BPM programs and the role that program structures play in BPM budgets.
BPM programs don’t typically generate their own revenue, so ongoing support is critical for BPM teams to carry out their work. After discussing how organizations fund their BPM programs, we also speak to the importance of demonstrating the return on investment (ROI) of process work where possible as a key part of the business case for BPM.