Creating Government Cost Savings with BPM

Recent efforts to dramatically reshape the way government agencies have approached IT systems have forced agencies to evaluate systems in an entirely new way.
Government CIOs must evolve and adapt to the new demands, and Appian’s business process management platform is a business-ready solution that can deliver the flexibility needed to optimize operations today and in the future.
In past years, the returns generated by government IT improvements have been small compared to private sector gains. In-house development and commercial-off-the-shelf software is costly, and often limited by the questions asked during development. In addition, what’s requested today may not meet needs in the future as agency requirements evolve.
Appian BPM delivers a code-free platform to rapidly deploy new applications – and quickly adapt them over time. This puts new business capabilities in employees’ hands quickly, and eases compliance with Federal CIO “First” mandates, such as Cloud First and Future First.
While “Cloud First” is an important part of shifting IT priorities, there will always be data sources that need to stay behind firewalls. This means cloud-based systems must securely interoperate with on-premise data sources, while also providing complete portability to an on-premise environment.
Mobile and social technologies are also an important part of “Future First.” The growth of smartphones in the business world shows that mobile capabilities are essential, while the problems inherent with tracking work via email show that social can help accelerate better – and more visible – decisions.
Appian BPM gives government agencies a modern, flexible platform to keep pace with changing requirements without costly rip-and-replace approaches. That helps government agencies see real ROI from their IT.

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Compliance Automation: Need of the Hour

The frequent changes in regulations aimed at effective law enforcement and consumer security across diverse industries ranging from healthcare, finance, insurance, life sciences, pharmaceutical, and utilities has made compliance automation the need of the hour.

In general, compliance means conforming to a rule such as a specification, policy, standard or law. It is the alignment with a set of general policies, where the type of compliance required depends upon the region and currently ruling government, industry and business types, and supporting legislation. For instance, in the financial industry, after the financial crisis of 2008 and failure of banks like Merrill Lynch and Lehman Brothers, several new regulatory measures were instituted to govern the financial services, banking, and private equity industries. A few regulations governing the finance industry are Basel III, Dodd-Frank Act, Volker Rule and FATCA.

In order to achieve compliance, organizations are investing enormous amounts in multifarious systems ranging from COTS (Commercial off the Shelf) IT solutions to expensive ERP software. However, more often than not, these systems have failed to assist organizations with the formidable task of automating the ever-evolving and increasing list of compliance related regulations. Most COTS systems cannot be customized and do not meet the needs of the organization completely, while an expensive team of programmers is required to design a completely custom solution, which is laborious and time consuming to build. By the time, the design completes, it is likely that the regulations have already changed. Many a times, organizations are seen to employ disparate systems to manage each of the numerous regulations. This leads to confusion, inefficient communication across the different arms of the organization and delays. As a result, despite huge investments and several efforts, they continue to struggle with compliance issues.

The solution is a unified business process management system (BPMS). As opposed to non-customizable COTS products, a BPMS can be quickly configured according to the particular organization’s compliance requirements. It includes a zero-code graphical modeling environment enabling technical and non-technical team members to more effectively collaborate on compliance solution design. Its no-training work-social feature promotes communication and coordination across the organization, while its mobile capabilities quickly involve decision makers, eliminating delays. All these reasons make BPMS the intelligent choice to manage compliance.

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