Business Process Management has gained broad acceptance as a key enabler for achieving operational efficiency and process compliance for businesses in various industries. Financial institutions and intermediaries in Pakistan are looking to significantly improve their payment processing systems, in order to meet compliance and regulatory needs. Oracle can help institutions to build shared processes that unify existing payment systems across internal and external interfaces in a timely and cost efficient manner. These views were expressed by the speakers at a Business Process workshop organized by Oracle. Fusion Middleware Director Albert Tay of Oracle Asia Pacific said that having accurate and optimised business processes in place is the key to survival and growth of the businesses. Oracle can enable organizations to model, automate, monitor, and optimise key processes so that organisations can achieve better efficiency and business visibility while reducing complexity and total costs. “By undertaking a business process centric approach, organisations can achieve greater alignment between business needs and its ability to ensure swift response to change,” he said. Oracle can enable the enterprises to better-manage processes by delivering unified, industry-leading products for business process management (BPM), such as Oracle Business Process Management Suite 11g, which is the industry’s most complete, open and integrated BPM solution to help customers lower costs.
