Process Monitoring is a management tool that helps identify, monitor, and improve business processes. It allows organizations to set up clear performance standards and measure their success in real time. With Process Monitoring, businesses can increase efficiency, reduce costs associated with mistakes or delays, and improve customer satisfaction. By tracking key performance indicators, managers are able to monitor process time, cost, accuracy, quality, speed and other factors. Ultimately, Process Monitoring provides business leaders with a holistic view of how their organization operates and the necessary insights to make strategic decisions about future development.