Business Process Management (BPM) uses methodologies to uncover, model, analyse, measure, enhance, and optimise corporate strategy and processes. While it is sometimes confused with task and project management, its reach is far broader. Task management focuses on specific tasks, whereas BPM looks at the entire process from beginning to end. Project management relates to a one-time scope of work, whereas BPM is concerned with repeated processes. Organizations can improve their whole operations through continual process reengineering, resulting in increased efficiencies and cost savings. BPM approaches such as six sigma and lean principles are examples of this notion. Corporate process management suites can coordinate people, systems, information, and material to achieve business results by including advanced analytics, activity monitoring, and decision management capabilities. As a result, they've proved very useful in speeding up digital transformation plans.
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