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oboloo Glossary

Business Process Management App

oboloo Glossary

Business Process Management App

Business Process Management (BPM) is an approach to improving organizational efficiency and effectiveness by managing and optimizing a company’s business processes. It involves the design, implementation, monitoring, and optimization of the various processes that make up a business. BPM is a systematic approach to improving the efficiency, effectiveness, and agility of an organization’s operations. It involves the identification, analysis, and improvement of existing processes, as well as the development of new ones. BPM is used to create an environment where processes are managed and optimized in order to achieve organizational goals. BPM is a holistic approach to managing business processes that takes into account the entire process lifecycle, from design to execution. It involves the use of technology, such as process automation, to streamline processes and improve efficiency. BPM also involves the use of analytics to measure and improve process performance. By utilizing BPM, organizations can improve their operational efficiency, reduce costs, and improve customer satisfaction.

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