BUSINESS PROCESS OPTIMIZATION

Effective business process models should aim at addressing the full cycle of operations. Gaps and silos are eliminated by simplifying and standardizing processes and understanding how each process links across the entire enterprise.
Honeymark brings a pragmatic and results-oriented approach to assist clients develop and implement a target robotic process automation and process model that delivers end to end linkages with the enterprise as well as providing for continuous improvement resulting in increased process efficiency and effectiveness. 

Robotic Process Automation

Business process improvement may involve robotic process automation, complex groups of inter-related systems, information, workflows and departments.

A powerful tool, Robotic Process Automation software performs manual, time-consuming and rules-based office tasks more efficiently by reducing cycle time and at lower costs than other automation solutions.

Until now, most cost optimization and efficiency improvement initiatives have reduced costs through centralization and standardization of processes. However, forcing all or most parts of an operation into a standardized business process reduces the organization’s ability to react nimbly to changes and business opportunities. This tradeoff between cost, efficiency and business agility presents a difficult choice for businesses.

When business process optimization is successfully executed, it can yield significant benefits to an organization in terms of efficiency and cost reduction. The potential for high rewards is great, however so is the potential for missteps. Mismanaged transitions have a high rate of failure, so organizations should proceed with a well-defined plan.

What we offer:

  • Transitioning to provide a consistent, enterprise-wide service experience across business functions
  • Evolving to provide a higher level of effectiveness based on current resources
  • Increasing service transparency to support business process excellence

Who can benefit from process optimization?

We are typically engaged by those responsible for operations and budgets either for the entire organization or for a specific line of business who might be:

    • Responsible for improving operational efficiency
    • Concerned with managing and cutting costs
    • Growing a business
    • Tasked with improving process completion time and reducing investment in resources (including manual labor)
    • Looking for quicker data processing

How we improve your business process:

Our business process optimization experts can help clarify how your activities relate to overall organizational goals.

Our Team Can Help You:

  • Conduct Service Associated studies to identify optimization opportunities at the service delivery level
  • Use a Center of Excellence service model to balance cost, labor, location and time trade-offs for service delivery
  • Identify necessary skills, roles, technology and techniques to create effective business processes that support organizational growth and development
  • Apply consistent standards and processes across the enterprise (or within the project scope)
  • Deploy intelligent RPA operations at the business unit level.
  • Align new technologies and processes with business goals

What We Deliver:

We help you gain a competitive advantage by drastically improving process performance. We design process improvement strategies with your business goals in mind. Our scalable solution can expand and grow with your business and help you realize the following benefits:

  • Improved efficiency and faster processing times – without increasing head count
  • Automated repetitive processes without conforming to centralized standards, thus achieving efficiencies and cost savings while preserving flexibility.
  • Reduced operating expenses by cutting out inefficiencies
  • Increase in quality as processes are improved

OTHER SERVICES

STRATEGIC ROADMAP SERVICES

A strategy roadmap is a bridge (or link) between strategy and execution. It visualizes the key outcomes that must be delivered over a particular time horizon in order to achieve the organization’s strategic vision.

GOVERNANCE, RISKS & COMPLIANCE

Honeymark commitment to reducing your business risk extends well beyond delivering comprehensive Governance, Risk, and Compliance (GRC) solutions.