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BPM Working in Finance & Operations
Your Challenges
The finance and operations departments are the backbone of most organizations and many critical processes funnel through these areas—from routine items, like travel expense reimbursement and purchase order placement, to higher-level activities, such as forecasting, financial analysis, and planning.
More often than not, too much effort is spent performing day-to-day tasks, correcting errors, and chasing down information and approvals. This leaves little time to focus on what your management cares about—strategic activities that add value to the organization and have a higher impact on the bottom line.
While many companies have implemented systems to help finance and operations personnel do their jobs, there’s more to it than that. The challenge is finding ways to streamline and automate your processes to bring out your uniqueness and create true organizational connectivity. Processes must be designed to enhance productivity in a way that works within your environment, and they must extend to other departments, manage time-critical matters, and provide appropriate access and visibility.
Our Solutions
Metastorm understands the unique needs of finance and operations departments and how they can better succeed with efficient process execution. Metastorm’s proven, enterprise-level BPM platform is the foundation that enables companies to design and deploy processes that increase output and manage resources in an unprecedented manner. Metastorm’s BPM technology and proven expertise is helping organizations around the world improve planning, realize strategic advantage, maximize employee productivity, achieve process consistency, tie together silo processes and systems, and do more with less.
The Metastorm BPM platform provides an open, standards-based framework by which designers and implementers can easily integrate external applications or application components. With easy-to-use tools for modeling, designing, managing, and changing processes, business users own, maintain and optimize their processes. And, the platform provides all the components needed to support a continuous process improvement cycle using BPM. Finally, the Metastorm approach offers rapid design and deployment with complete control over continuous improvements based on insight into how the business is running.
Finance and operations departments are using Metastorm BPM to more efficiently manage business processes, including:
- Procurement activities
- Order management
- Shipping and integrated logistics
- Returns and repairs
- Order fulfillment
- Inventory management
- Production scheduling
- Demand planning
- Capacity planning
- Time keeping and reporting
- Physical inventory
- Customer and product profitability
- Credit requests/authorization
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- Monthly close and consolidation
- Treasury activities, such as currency, financing, and pensions
- Cash management
- Product and service pricing and discounting
- Collections
- Travel and expense reporting
- Check requests
- Capital expenditures
- Asset management
- Budget planning
- Invoicing
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Proven Results
Increased Revenue
New and improved business processes contribute to company growth. A strong, reliable BPM platform changes how your company manages existing accounts, acquires new customers, interacts with partners, delivers new products and services, complies with regulations, and communicates with external parties. Employees spend less time on manual tasks and focus on innovative, value-producing activities. Communication with all audiences is automated and timely, and processes are streamlined and integrated with core systems. More to the point, you run your department more efficiently and produce faster results.
Decreased Expenses
Finance and operations departments have always found new ways to do more with less, and BPM is today’s way of reaching that goal. BPM improves productivity with fewer people—and that’s the bottom line! With new and improved processes, your people work smarter and better.
Metastorm BPM delivers a host of benefits that drive down expenses, such as:
- Automating paper-intensive, error-prone tasks
- Enabling more intelligent and faster exception resolution
- Promoting better staff collaboration with process consistency
- Providing real-time insight into inefficient stages of daily business operations
Metastorm BPM helps finance and operations departments quickly adjust how they operate and enables efficient response to changing conditions, new regulations and mandates, and higher demands for service. It is not just about doing more with less, but rather doing more by working smarter.
Successful Implementations
Metastorm BPM enables companies to cut costs and grow their business through better management of financial and operational processes—just ask these customers:
Air Miles
American Greetings
Bachmann Group
Bendigo Bank
Coopers Gray
Field Boxmore
Johnson Matthey
London Underground
Lloyds of London
Morrison
Newport County BC
Norbulk Shipping
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North East Chamber of Commerce
Northgate Motor Holding
Parex Bank
R Twinings
Rockefeller Foundation
Sheffield Children Hospital
Stonehage Trust Holding
The Marketing Society
USDAVitesse Networks
Vizard Oldham
Wilmington Trust
Wragge & Co
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Finance/Operations 
