Business Process Management or BPM – the name says it all. But to make one futile attempt we would say it’s the discipline of managing disparate business processes across the enterprise. It’s the tough job of juggling the different processes, taking a holistic look at them, and streamlining them.
Why BPM? It’s simple – for boosting the efficiency, productivity, adaptability, and agility of the enterprise process. With good BPM in place, enterprises can have the luxury of modifying certain business processes without really changing the fundamental business rules. This way they can better react to market changes and grab greater opportunities.