"Business Process Management or BPM is the discipline of improving a business process from end to end by analyzing it, modelling how it works in different scenarios, executing improvements, monitoring the improved process and continually optimizing it. Although it is not a technology, it often involves automating tasks within any given business process, and process improvements can happen outside of automation and without technology.
Now, BPM is how a company creates, edits and analyzes the predictable processes that make up the core of its business. Each department in a company is responsible for taking some raw material or data and transforming it into something else, so, there may be a dozen or more core processes that are handled by each department. With this management, a company takes a step back and looks at all of these processes in total and individually analyzes the current state & also identifies areas of improvement to create a more effective and efficient organization.
Benefits of using BPM in a business:
1. Create, map, analyze, and improve business processes
2. Gain control of unwieldy and chaotic processes
3. Realize bigger organizational goals
4. Move toward digital transformation
5. Run everyday operations more efficiently
6. Closely track individual items as they move through a workflow
7. Improve and optimize tangled operations"