Press release
BPX Leverages Business Impact Analysis to Cut Costs During Major ERP Transformation
BPX Leverages Business Impact Analysis to Cut Costs During Major ERP Transformation
In an age where organizations are trying to stretch every dollar on digital transformation, Business Process Xperts (BPX) has shared a case study where a well-developed BIA strategy decreased costs and risks in a recent ERP transformation project for one of its major clients. The project was a fairly standard transition from an old legacy system to a new ERP suite in the cloud. Like many enterprise technology matters, there were high stakes involved and the project was on a timeline.
Delays, and the effects of disjointed legacy business processes could easily lead to unnecessary expenditure, or worse, operational interruption. But by conducting a business impact assessment (BIA) prior to the ERP transformation, BPX positioned the client to anticipate and discover the critical processes, their dependencies, and areas of risk.
Get Insights from BPX to Streamline your Business Processes: https://businessprocessxperts.com/contact/
BIA is a proactive business impact analysis approach to business transformation, where BIA is not simply a risk mitigation approach but one of organizational strategy and advantage. In this case, BPX took a business analysis and process management approach by mapping every department's critical functions, and understanding the impact of the system transition on each component.
"Too often we see ERP transformations go bad not due to a technical issue, but organizations skipping steps for the foundational business impact analysis steps." said Nikhil Agarwal, Founder BPX.
Get Insights from BPX to Streamline your Business Processes: https://businessprocessxperts.com/contact/
The Business Impact Assessment (BIA) and risk assessment process at BPX involves a multi-step understanding of the organization's critical business activities, determining the impact of potential downtime, agreeing upon acceptable lead or lag recovery timeframes, and developing contingency measures. This BIA process approach means that BPX prepares organizations not only to transform but to be resilient through transformation.
The upside of conducting a BIA business impact assessment is BPX's client achieved over 15% in projected budget savings. The ERP implementation even finished two weeks ahead of schedule which is very rare in the enterprise technology space.
"BPX is not just about system implementations. BPX is about sustaining operations through change. This is where BIA fits, it helps ensure that businesses are not surprised by the knock-on effect of transformation," said Rupal Agarwal, Co-Founder of BPX.
The business case study also reviewed how the BIA and risk assessment supported re-prioritization of certain modules during the project, based upon business criticality, which was another avenue for savings and efficiencies.
Get Insights from BPX to Streamline your Business Processes: https://businessprocessxperts.com/contact/
Although ERP will afford you agility and scale, without a clear understanding of management considerations and business outcomes, the risks around implementation are enormous.
As digital transformation becomes more complex, the integration of planning becomes even more significant. A structured bia and risk assessment ensures that organizations are not simply reacting to problems but considering and anticipating them.
Rupal Shah Agarwal
BusinessProcessXperts
+91 98604 26700
consult@mindamend.net
About BPX
Business Process Xperts (BPX) is an international consulting company that helps businesses thrive through streamlined operations, process excellence, and digital transformation. BPX has experience in many industries and serves specializing in business analysis and process management ( https://businessprocessxperts.com/business-process-management-bpm-consulting/ ), SOP development ( https://businessprocessxperts.com/standard-operating-procedures-manual/ ), ERP transformation planning ( https://businessprocessxperts.com/bpr-for-erp-transformation/ ), and operational efficiency.
Get Insights from BPX to Streamline your Business Processes: https://businessprocessxperts.com/contact/
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