What is BPM

Business Process Management (BPM) enables companies to monitor business scenarios and processes, to adapt them continuously to new strategies, and thereby manage the current economic conditions effectively. With a comprehensive perspective ranging from modeling to monitoring, BPM bridges the gap between business-management requirements and their IT implementation.

The efficiency of business processes is crucial for long-term corporate success. Organizations that want to survive in a competitive environment need transparent business models that can be adapted at any time. In order to implement innovative business strategies successfully, business-management concepts need to be transferred efficiently to the IT environment. As well as the question of suitable, process-oriented organizational structures and minimizing interfaces within process workflows, the automation of subprocesses that always run in the same way is one of the main tasks of process management.

Business Process Management (BPM) activities can be grouped into six categories: vision, design, modeling, execution, monitoring, and optimization.

The advantages of Business Process Management (BPM)

  • Reduce time and cost for process definition, implementation, operation, monitoring and optimization;
  • Rapid adaptation (Change Management) of existing process models. Transparent and flexible integration with configuration and execution models;
  • In-house process standardization and therefore shorter response times to business-management-motivated process changes;
  • Considerable cost savings and more internal knowledge about process design;
  • Process Management as a milestone on the way to a service-oriented architecture.

Source: SAP Info

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