What does the abbreviation BPM stand for?

BPM written out Business Process Management is a concept that includes methods, techniques and tools required for the design, configuration, implementation, automation, monitoring and analysis of business processes.

In short, BPM is a way to help companies document and improve organizational processes with the clear goal of increasing competitiveness – by using resources efficiently and optimizing performance.

The focus is not only on aligning processes efficiently, but also on integrating them with the business, its culture and its strategic direction as a whole. BPM is an approach that takes into account all relevant actors, systems and functions in a company.

Thanks to developments in information technology, the approaches and methods have continuously evolved and improved in recent years, which means that BPM is now an indispensable tool for successful companies.

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