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8-13 and 8-16 - 813 (BPM) the core processes that normally...

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8-13   Business Process Management (BPM) Software is a technology tool that is used “…to automate  the core processes that normally occur in an HR office. For example, HR departments are  increasingly turning to technology to help with such diverse responsibilities as recruitment,  oversight of legal and regulatory compliance, benefits administration, training, performance  evaluation, and safeguarding confidential employee information” (Braganoff). However, BPM  software has evolved past usage in just HR departments and has now become widely used in  most aspects of a business.   Nowadays, “BPM packages help companies collect corporate  knowledge,   data,   and   business   rules   into   a   business   system   to     improve   core   business  processes. Think of BPM as a combination of software tools and management practices that  enable entities to accomplish business processes more efficiently” (Braganoff).   In essence,  BPM software helps to model a company’s processes and ultimately provide the platform for  these processes to function, and for employees to interact. The benefits are efficiency and  consistency, making for easier regulatory compliance. An important function of BPM has become Sar-Box compliance software.   These software  packages can be bought  as standalone  software that performs Sar-Box compliance tasks  individually (typically called GRC – Governance, Risk Compliance), or as a software package  that   provides   Enterprise   Resource   Planning   (ERP)   functionality   and   includes   a   Sar-Box  compliance   component   (GRC)   by   inclusion.   It   is   possible   that   the   Sar-Box   compliance  functionality works almost seamlessly in the background within some larger ERP type programs. “The market for these software packages is substantial – over $1 billion” (Braganoff) If  I  were  going   to choose  a  large  (but   expensive)   ERP   type  software  package  or  buy  a  standalone product in which I expected the company to grow, I would consider SAP. They are  the industry leader and one of the largest in the business. I like the fact they offer so many  different applications and that these programs are scalable, interoperable and can be modular.  They also have functionality which they call “extensions” which permit outside vendor software  to be connected to their technology. If I were to consider a smaller software package that  focused   on   GRC   functionality   only,   I   would   consider   Paisley   Enterprise   GRC   or  Compliance360’s software.  SAP GRC and ERP*
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SAP   BusinessObjects
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