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Business Process Management Techniques

oboloo Glossary

Business Process Management Techniques

Business Process Management (BPM) techniques are a set of strategies and tools used to improve the efficiency and effectiveness of an organization’s business processes. BPM is a holistic approach to managing business processes, which includes identifying, analyzing, and optimizing existing processes to achieve organizational goals. It involves the use of technology, such as workflow automation, to automate and streamline processes, as well as the implementation of best practices and the adoption of new processes. BPM also includes the development of metrics and performance indicators to measure the success of the processes and to identify areas for improvement. By leveraging the power of technology, BPM helps organizations reduce costs, increase efficiency, and improve customer service. BPM is an essential component of any successful business, and its use can lead to increased productivity, improved customer satisfaction, and higher profits.

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