Business process management as applied in industry

BPM is typically used in industries where the following is true:

  • The business process is distributed and spans across multiple applications or software systems
  • The process involves complex rules that have to be maintained and updated overtime
  • There is a need to continuously improve the business process by monitoring the existing activities
  • The business is done by the collaboration of multiple stakeholders

With the above considerations, we can apply BPM to any process-oriented domain, such as healthcare, insurance, point of sales, supply chain management, and banking and financial services. A fully functional BPM system gives a huge advantage in terms of the turnaround time for an organization with ...

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