BPM is an acronym for Business Process Management, which is a disciplined management approach that utilizes human resources and various methodologies, tools, techniques, and technologies to identify, design, execute, document, measure, monitor, analyze, improve, optimize, transform and control business processes, to achieve efficiency and effectiveness in meeting an organization’s strategic goals.
The main objective of BPM is to simultaneously optimize; quality, costs, and revenues in an organization to enhance efficiency and maximize stakeholder benefits.
Embracing BPM will help your organization; enhance efficiency, achieve standardization, compliance, and continuous performance improvement, become more agile, and generally achieve its strategic goals