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Business Process Monitoring

oboloo Glossary

Business Process Monitoring

Business Process Monitoring is the practice of frequently and systematically assessing the performance, efficiency, and accuracy of key business processes. It can involve conducting regular audit checks to ensure compliance with relevant standards, as well as employing a range of analytics tools to track and analyze operational performance. When done correctly, Business Process Monitoring helps organizations gain insights into how their processes are functioning, identify any areas that may need improvement, and make informed decisions about future action. This approach enables businesses to operate more efficiently and see better results in terms of customer satisfaction, cost savings, and revenue growth.

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