Business process management (BPM) refers to the process of executing operations by taking advantage of effective management. The goal here is to ensure that business objectives are met, errors reduced, and inefficiencies dealt with. To achieve this, using the best BPM software is important.
There is countless BPM software available one click away but finding the one that compliments your business model the best can be challenging. To simplify this process for you, we have narrowed it down to the five best BPM software for different businesses.
What should I look for in good BPM software?
The primary goal of every BPM software is to enable you to optimize your business’s daily activities to identify, track and deal with the challenges. Furthermore, your goal behind using BPM software should be to improve your organization’s efficiency to the fullest.
For deeper understanding, BPM software maps out your business workflow to provide you with a way of optimizing your business’s daily activities to identify and deal with challenges. You can use on-premise BPM or a cloud-based system depending on your company’s needs.
A good BPM software will minimally include the following (and much more):
- a graphical business process and/or rule modeling capability
- software integration capability
- a process registry/repository to handle the modeling metadata
- a process execution engine and a state management engine or rule engine (or both).
- Real-time reporting and KPI evaluation
Does my business need BPM software?
Regardless of the industry or size of the business, every business can benefit from using BPM software. What this software achieves is limitless. Their proficiency in developing, navigating, and improving inter-departmental processes and workflows makes the entire business work smoothly in a holistic manner.
After all, who doesn’t want their business to be more efficient?
But, hold your horses. Choosing the right BPM software for your business is easier said than done. With so many BPM software providers, with such diverse functions, it becomes intricate to pick just the right one. Continue reading to learn more about the top 5 BPM software of 2022.
List of top 5 BPM software solutions
5. Oracle Netsuite
Oracle Netsuite is a business management suite that encompasses everything ranging from ERP/Financials, and CRM to e-commerce and is currently serving more than 31,000 customers. NetSuite meets the evolving business requirements of fast-growing companies at every stage of their growth.
Pricing: Oracle NetSuite Accounting software pricing includes a $999 monthly licensing fee, plus a per-user fee that starts at $99 a month and no free trial. Remember, that this is just an estimate and your costs would be completely customized based on your business needs. Since they perform a wide range of complex business management functions, ERP platforms are typically priced on a custom basis after accounting factors such as business size, annual revenue, and desired features.
However, Just Oracle Netsuite Accounting software has the aforementioned pricing. You can imagine if you want all the integrated functions, you might be looking at a hefty price tag. Hence, small businesses might find this pricing a little steep. However, it sounds like a good match for some mid-scale and large-scale businesses.
4. SAP Business One
SAP Business One helps you troubleshoot all the challenges you face regularly such as managing cash flow, supply chain, and operations to taking care of remote work and employee engagement, all while meeting fluctuating market conditions and customer needs. Therefore, SAP is very promising in catering to a business’s evolving needs.
Pricing: $56 per user per month for a Limited License and $108 per user per month for a Professional License. The prices are an estimate and can vary according to your business needs.
However, one drawback that businesses face is that they find the application quite complicated. Moreover, it is very expensive to implement the SAP program because companies need to additionally buy the software and hardware needed to run the program which ranges between $22,000-$80,000.
Connecteam is an award-winning employee management solution for everyday operations, communications, and human resource management. It is known for its user-friendly interface that makes it easy to engage and manage non-desk employees, improve communication, and enhance daily processes and productivity. Connecteam offers a lot of features on the go at a very competitive price.
Pricing: $29 per month for up to 30 users with a free 14-day trial is one of their most affordable and integrated pricing plans.
Nevertheless, users have reviewed Connecteam’s pricing plans as complicated with limited features for the primary plans and an overall lack of the ability to customize.
2. Monday.com BPM Software
Monday is a project management and collaboration software to help teams plan, manage, and track work. Monday enables teams to stay on top of their work by organizing work and projects that are relevant to their business. The software allows smooth team collaboration virtually as well.
Pricing: Ranges between $8-$16 per member per month but for the “Enterprise” plan, the prices are not available online.
But it is important to note that per-user pricing significantly limits the number of people. Many users find the interface too disorganized as well. Moreover, users also claim that the mobile app does not sync and update in accordance with the desktop app.
1. MeMate Business
It might sound biased coming from us, but as MeMate Business offers more than the existing competition at competitive prices, it is honestly one of the best business management software out there. MeMate is organized and easy to navigate despite having a wide range of functions.
Apart from the features common to the other software mentioned, MeMate also adds a whole range of unique features such as:
- Live project progress tracking: see your team’s progress in real-time
- Subcontractor pool creation: easily send a job order to multiple individuals or teams
- Live financial tracking: this feature can adapt and account for all work expenses such as materials, labor, and permit costs to provide an accurate view of your budget and profits
Pricing: $99/month, which includes a desktop app and 15 mobile apps, with the option to add more mobile and desktop apps at an additional cost.
One of the best things about MeMate is that it is ideal and affordable for businesses with 2-15 employees (which makes up more than half of the Australian Businesses)!