{"id":1243,"date":"2019-03-06T16:48:13","date_gmt":"2019-03-06T16:48:13","guid":{"rendered":"https:\/\/solutionsreview.com\/business-process-management\/?p=1243"},"modified":"2019-07-16T14:16:22","modified_gmt":"2019-07-16T14:16:22","slug":"the-fundamentals-of-business-process-management","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/business-process-management\/the-fundamentals-of-business-process-management\/","title":{"rendered":"The Fundamentals of Business Process Management"},"content":{"rendered":"

\"The<\/p>\n

Business Process Management (BPM)\u00a0<\/a>is defined<\/a> as the the systematic process of making an organization\u2019s workflow more efficient, effective, and adaptable to changes in the business environment. In this way, BPM helps to reduce mistakes and miscommunication – a very common occurrence in many organizations.\u00a0BPM software, on the other hand, is a technology solution which enables businesses to design, analyze, execute, monitor and optimize important processes.<\/p>\n

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What is BPM?<\/h4>\n

Some see it as a valuable automation tool for enterprises to generate a competitive advantage through cost reduction, increased agility, process excellence, and\u00a0continuous process improvement<\/a>.\u00a0BPM strategies seek to implement process automation initiatives driven by human processes to improve operations throughout an entire organization. Focusing on the operations themselves, BPM uses a four step method to create better process management to improve performance:<\/p>\n

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  1. documenting<\/strong>\u00a0any existing processes and keeping records of each step from start to finish<\/li>\n
  2. identifying<\/strong>\u00a0performance statistics\/metrics and using the findings as the base for continuous process improvement<\/li>\n
  3. once identified,\u00a0improving<\/strong>\u00a0quality and efficiency in the process for the desired outcome<\/li>\n
  4. managing<\/strong>\u00a0the process through a flow of information such as actions and related activities<\/li>\n<\/ol>\n

    Business process management incorporates Continuous Process Improvement (CPI) methodologies, such as\u00a0Lean and Six Sigma<\/a>, and uses them in conjunction with BPM\u00a0software to optimize business processes. In this way, BPM can act as the catalyst to accelerate the application of Lean and Six Sigma methodologies and can increase organizational efficiency and profitability by enhancing business processes with three important elements<\/a> \u2013 agility, visibility and efficiency.<\/p>\n

    How Does BPM Help You?<\/h4>\n

    BPM software also helps to reduce human error, miscommunication and, at its highest level, combines software and IT aspects with best management practices to address structural issues in an organization. The\u00a0importance of BPM software<\/a>\u00a0should not be overlooked.<\/p>\n

    According to Lionel Valdellon<\/a>, content marketing manager for Wrike, governing the usage of technology and software are the\u00a0methodologies\u00a0for managing business process flows. This is an entire industry that has grown up around educating teams and implementing frameworks for improving BPM<\/a> in companies. The frameworks include:<\/p>\n