Provides Steps for Assessing the Current Landscape while Providing Viable Options for Updates
Hyperion Global Partners, apremier business and technology consulting practice for the legal profession, today announced the release of the company’s latest TrendView™ Report, “Assessing Your Options in Law Firm BPM Solutions,” focusing on the unique confluence of events over the past several years that have left most law firms on legacy, aging Business Process Management (BPM) platforms that need updating.
Hyperion’s latest TrendView Report offers insight into current market dynamics and discusses the options available for selecting and implementing a new BPM solution to address upgrade challenges.
Recent research by the company found that a majority of firms will be evaluating New Business Intake (NBI) systems for upgrade within the next 12-24 months. BPM systems are being used more often to automate and streamline operations within law firms. Core processes, such as NBI, conflict clearance, check requests, new employee provisioning, lateral intake and expense management are all examples of high-priority focus areas for BPM.
“Most law firms face daunting challenges regarding their legacy, aging BPM platforms, which are quickly phasing out of sync with rapidly changing enterprise infrastructures,” stated Bobby Tindel, managing director of Hyperion Global Partners. “Our ongoing market intelligence research has revealed this as an area of concern that all BPM users should be aware of. Our TrendView research program provides independent, objective analysis and insights into the BPM market to help guide the conversations law firm managers need to have about the solution market and process automation best practices.”
The full TrendView Report is available at Hyperion Research.
Copyright © 2023 Legal IT Professionals. All Rights Reserved.