Business Process Management Standards (BPMS) is a set of guidelines and procedures used to manage and improve the performance of business processes. BPMS provides a framework for companies to measure, monitor, and control the performance of their business processes. It also helps to ensure that processes are efficient, effective, and compliant with applicable regulations. BPMS can be used to optimize the efficiency of a business process, reduce costs, and improve customer satisfaction. It can also be used to create a common language for business processes, making it easier for teams to collaborate and communicate. BPMS can help organizations to reduce complexity, increase agility, and improve the overall quality of their processes. BPMS can also be used to develop a culture of continuous improvement, which can lead to increased innovation and productivity. Ultimately, BPMS can help organizations to become more competitive in the marketplace.