Businesses have understood that they need to raise their IT budget with technologies getting outdated- 44% of businesses plan to increase tech spending in 2020, up from 38% in 2019.

“Improve productivity and efficiency with a profound business process assessment service provider.”

Every enterprise includes a business system containing various individual processes with each process comprising a series of tasks and activities. In order to deliver a quality product, a business must utilize an effective process and to propel its effectiveness it’s necessary to assess the process, both existing and planned one. An effective and efficient process determines the overall growth and development of the company. To do this, companies first operate through lower costs, then it performs at higher competitive level and finally, it improves its bottom line

A deficient business process would lead a company to suffer from high overhead costs and ultimately lower revenue. It is often estimated that 70% of organizational problems come into existence from undefined business process and department silos. Therefore, it becomes crucial to systematically analyze its business process and implement performance improvement to avoid further financial setbacks and losses.

What is the business process?

Business process assessment is a methodology to know and analyze the health of various operations taking place within a business to improve process efficiency. The term also refers to the blend of various separate steps towards the final objective. It is also defined as a collection of tasks and activities to be carried out to achieve organizational goals and objectives. The process includes clearly described inputs made up of factors directly contribute to the added value of products and services to achieve the desired output.

Business process analysis is a significant part of any ERP (Enterprise Resource Planning) and selection project. It starts with the assessment of existing processes through current state mapping. Some of the business process tasks and activities include- shipping products, receiving orders, generating an invoice, updating employee or client information, defining market budgets, etc.

Why do we need to assess business process?

According to research by Gartner, 80% of the companies conducting BPM projects will experience the internal rate of return better than 15%. Profound and thorough analysis and assessment can improve functionality and productivity, and operations can be streamlined at every level and substantially reduced extra expenses. Every enterprise has pockets of inefficiency throughout the current system, therefore a business process analysis is designed by keeping in mind to identify and terminate these inefficiencies.

How do we assist you?

• Gap Analysis to find out the missing information of the process
• Value-added Analysis to find each task that adds value to the process
• Root Cause Analysis to find the core reason to find the reasons responsible for a particular problem and fix it.
• Observation to analyze the process in action on the floor, see if it works as intended or not)
• Experience Examination (Talk to experienced staff in your organization, see what inputs they have)

How do we benefit you?

FASTCURVE helps to assess your business process systematically and gives you a better understanding of how the process is being carried out and what further improvement can be brought about.

What we deliver to our clients?

• Clear documentation of the process and greater understanding
• Robust data on how the process is performing
• Identify the obstacles that cause delay to certain processes
• Identify which user actions are hindering the process and where inefficiencies are
• Better training for new employees taking on the process

Ten core business process

• Customer Relationship & Strategies
• Employee Satisfaction & Human Resource Development
• Quality, Process Improvement & Change Management.
• Financial Analysis, Reporting, & Capital Management.
• Management Responsibility.
• Customer Acquisition (Sales)
• Product Development.
• Product/Service Delivery.

How it can help you to survive in the long run?

• It enables to reach more potential customers & develop a better organizational relationship.
• It provides an efficient and unique service to customers
• Support better relationships with key partners
• With the streamlined operations, reduced costs, improved efficiency, maximized profit, and minimized waste, divot talent to core business instead of over-heading it.
• Enables a business to rise above its competitor to establish itself as the most progressive and forward-thinking enterprise.

Some of the Key findings-

Businesses have understood that they need to raise their IT budget with technologies getting outdated- 44% of businesses plan to increase tech spending in 2020, up from 38% in 2019.

One in four organizations tends to increase their IT spend in the year 2020 because of increasing security incidents.

Business adoption of edge computing is expected to double while of AI-powered technologies is expected to triple by the year 2021

75% of large enterprise with employee capacity of more than 5,000 is planning to deploy 5G technologies by the year 2021.