Triaster Blog

This is How to Get the Best ROI From Process Mapping Software

Posted by Emma Harris on 03/03/17 13:56

We all want to get the best ROI possible from any business purchases. Being sure of the value of purchases is critical to getting the best ROI from your process mapping software and convincing stakeholders to greenlight the purchase.

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Topics: Increasing ROI

How to Calculate Return on Investment with Business Process Management

Posted by Brad Fagan on 03/01/17 17:52

Nothing gets us into the Business Improvement spirit quite like increasing profits and learning How to Calculate Return on Investment. Making changes in your processes is an easy way to save time, money and ensure you aren't leaking money all over the company.

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Topics: Increasing ROI

Return on Investment: Why Business Process Management Is Crucial

Posted by Brad Fagan on 17/11/16 11:33

There’s perhaps no three words that are sweeter to a business person’s ears than ‘Return on investment’ or ROI.

Many entrepreneurs get into business with high hopes of climbing that money tree, shaking it until they make their profits and then watering and nurturing it until it’s time to harvest those profits all over again.

In your pursuit of that magical ROI however, you may have neglected the cow of Business Process Management in favour of the magic beans that may come from chasing the more lucrative option. And sure, who doesn’t like the sound of a magic beanstalk growing in their business backyard? However, I would humbly suggest that you can have the magic beans, the cow and milk it too.

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Topics: Increasing ROI, BPM

Calculating Return on Investment (ROI) on Business Process Management (BPM)

Posted by Emma Harris on 15/09/16 16:02

A recent Gartner research note states that 80% of organisations conducting business process management (BPM) projects will experience an internal rate of return better than 15%.

Of the 20 companies who responded to their survey, 55% had returns in the $100,000 to $500,000 range per BPM project.

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Topics: Increasing ROI, BPM

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