Business process management (BPM), having evolved over the past fifteen years, has finally reached a level of maturity where vendors are now abolishing functional silos to allow the enterprise-wide flow of business processes. It replaces the old, manual system of coordinating activities in a company and improves functionality and effectiveness through modeling, documentation, certification, collaboration, automation, and compliancy to minimize costly errors.
project management strategy pm
enable them to manage projects, tasks, or transactions in a work team approach. Business Process Compliancy . Establishes the process''s readiness to comply with internal and external regulations (such as Sarbanes-Oxley [SOX]). The compliant certified processes are then used to achieve governance certification, audits, or both. Business Process Optimization . Responsible for continuous process improvement (CPI), including tools to assess the performance of the actual process against internal norms or indus