BPM - The Buzzword in Enterprise Systems
Abstract
Business process Management (BPM) is the new approach by which corporates are gaining greater capabilities to innovate and revitalize performance to deliver value in today’s market. Using this approach enterprises are able to make swift course changes, boost quality and minimize the costs across the enterprise. Process management facilitates to achieve this with total control, clarity and accountability.
This white paper is an effort to explore different aspects of BPM viz., the BPM system, BPM standards and the benefits it brings for organizations. It further illustrates the need for Business Process Management, its evolution to meet evolving business needs and the likely movement of enterprise architecture to accommodate BPM initiatives.
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