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+14 votes
Business process management is a field in the operations management that mainly focuses on the improvement of the corporate performance by optimizing and managing the business processes of the company. This is therefore described as the process of process optimization. The business process management enables any organization that adopts it to be more effective, efficient and also more capable of changing the functionality that is focused in a more traditional and also a hierarchical management approach. These processes deeply impact the revenue generation as well as cost of a particular organization. As it is an approach of policy making, business process management sees these processes as very important assets to a particular organization that must be managed, understood and also developed. ISON Xperiences, a leading business process outsourcing and management company with presence in 18 countries, globally. We help organizations focus on their core businesses by offering tailor made solutions for industries. Visit - isonxperiences.com
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+23 votes

Business process management (BPM) is a disciplined approach to identify, design, execute, document, measure, monitor, and control both automated and non-automated business processes to achieve consistent, targeted results aligned with an organization's strategic goals.

Business Process Management (BPM) is a way to improve and standardize processes in an organization.
BPM Lifecycle: The 5 Steps in Business Process Management
  1. Step 1: Design. ...
  2. Step 2: Model. ...
  3. Step 3: Execute. ...
  4. Step 4: Monitor. ...
  5. Step 5: Optimize.
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