Get 466% ROI on Your K2 BPM Initiative
Today's IT departments need to deliver business process management (BPM) tools in a flexible, scalable and resource-conscious way. Low-code platforms have stepped in to save the day by helping organizations in all industries, and of all sizes, be more productive and innovative.
K2 commissioned Forrester Consulting to see if the K2 Platform, our low-code business process application, could stand up against the challenges facing I.T.
Forrester performed a financial analysis after interviewing several K2 customers and found that after deploying the K2 Platform, organizations can expect to experience the following three-year adjusted risk benefits:
- Total benefits (PV): $6.1M
- Total costs (PV): $1.08M
- Reduced application development time by 78%
- Payback: 9.2 months
- ROI: 466%*
Forrester attributed these returns to the K2 BPM software's visual, drag-and-drop designers. These allow app developers to accelerate building and scaling apps across an organization.
Forrester also found that K2 customers:
- Improved time-to-value
- Increased process efficiencies
- Enhanced the customer and user experience
- Lowered business process app development costs
Using K2 BPM to expedite change
Business process management (BPM) aims to improve business processes within an organization. The goal is to cut costs, save time and elevate corporate performance. Fortunately, process transformation doesn't have to be a complex and time-consuming process. It also doesn’t require high levels of I.T. expertise.
The K2 BPM platform empowers people to create solutions that boost productivity and increase operational efficiency — from anywhere, at any time.
K2 BPMS makes it so easy to automate your workflows and stay ahead of the competition. With this innovative, low-code technology, your business can:
- Reduce programming time and delivery cycles
- Automatically streamline apps as they are being built
- Reduce errors and business disruptions
- Be more efficient and collaborative
- Improve customer experiences
- Increase operational efficiency and staff productivity
K2 is an award-winning business app software company with offices and employees across the world. More than 1.5 million users in over 84 countries, including 30 percent of the Fortune 100, use K2 BPM software and other K2 solutions to save money, reduce risk and grow revenue. K2 BPM software can also transform old legacy systems into better, agile solutions.
Looking to impact more business in less time?
Learn more about K2 software in The Total Economic Impact™ of the K2 Platform.
*Source: Forrester Research