BPM stands for Business process management. BPM is a process centric approach for improving business performance that combines information technology with governance methodologies.BPM is a standardized way to convert a set of inputs to a desired and valuable output.
Pillars of BPM:
Benefits of BPM:
Pillars of BPM:
- Processes
- People
- Technology
Benefits of BPM:
- Increase Visibility
- Identify bottlenecks
- Optimization
- Reduction of Lead-times
- Definition of Roles
- Improves process efficiency
- Improves productivity
- Improves process control, supervisor can track and control
- Flexible process modeling
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