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According to BPM.com, the following is the official definition of Business Process Management (BPM) according to industry experts:
"Business Process Management (BPM) is a discipline involving any combination of modeling, automation, execution, control, measurement and optimization of business activity flows, in support of enterprise goals, spanning systems, employees, customers and partners within and beyond the enterprise boundaries."
In layman's term, BPM consists of various methods to study, identify, modify and monitor the workflow and processes to ensure that the business is running smoothly. The approach is systematic and the main purpose is to improve the company's business processes.
BPM helps in defining, executing, managing and refining processes that involve working with multiple software; human interaction; and handling dynamic process rules. BMP also assists in coping up with the various changes due to contingencies.
Business processes assists in the ...
* Business Process Management: BPM.com official definition, explained
* BPM components
* Reasons for the use of BPM
* Effects of using BPM
* BPM techniques explained
* 589 words
* 5 non-APA references