Energy

A recent boom within the Energy sector (from oil and gas to utilities) has brought with it critical environmental compliance issues that requires Energy companies to adhere strictly to policies and procedures. The complexity of transactions within this industry has driven the enterprise–wide initiative for aligning work towards a common business goal. Understanding process and implementation for diverse operation units, Innovative product portfolios and evolving regulatory compliances are proving to be major pain areas for Energy companies. Although existing ERP systems help manage itemized organization processes, there is a need for a unified process management system that encompasses the entire business ecosystem.

The BPM Opportunity

  • Reducing Human Intervention
    Business rules in processes can help automate the routing and processing of tasks — often reducing the amount of human intervention needed by over 80%.
    Real-time visibility and control over processes: Managers can view real-time process performance and proactively manage bottlenecks.
  • Extend the value and life of core systems
    Leverage existing applications by reading and posting transactions while introducing more efficient Web-based forms and interfaces.
  • Process conformation to standards
    Process models that actually run the process provide consistency, adherence and audit trails to ensure compliance with regulations such as Sarbanes-Oxley.
  • Agility
    Revise processes to respond quickly to organization or regulatory changes.
  • Resource Utilization
    Streamlined processes and approval workflows for human capital and asset management allow decision makers to optimize the use of organizational resources.
  • Transparency
    A single platform for information management through the length and breadth of the enterprise, aligned with business processes will ensure clear audit trails for business transparency and increased accountability.