Business Process Management solutions provide a service which optimizes a company's business processes for more client oriented work through the empowerment of client-facing staff.
The Business Process Management Life-Cycle involves the design, modeling, execution, monitoring and optimization of business processes. Design involves the identification of existing processes and the creation of more efficient or supplementary processes. Modeling involves projections given the proposed design and implementing them using varying resources that may or may not be available to the business at any given time. Execution uses software to automate business processes based on the design stage with limited human input. Monitoring refers to the tracking of individual processes to base statistics off of and to define areas for improvement. Optimization is the retrieving of process performance information from the modeling or monitoring phase in order to expose and predict potential problematic processes.
Since Business Process Management solutions strive for optimization and not merely improvement. The cycle must repeat itself until a "perfect process" is achieved.
The Business Process Management Life-Cycle involves the design, modeling, execution, monitoring and optimization of business processes. Design involves the identification of existing processes and the creation of more efficient or supplementary processes. Modeling involves projections given the proposed design and implementing them using varying resources that may or may not be available to the business at any given time. Execution uses software to automate business processes based on the design stage with limited human input. Monitoring refers to the tracking of individual processes to base statistics off of and to define areas for improvement. Optimization is the retrieving of process performance information from the modeling or monitoring phase in order to expose and predict potential problematic processes.
Since Business Process Management solutions strive for optimization and not merely improvement. The cycle must repeat itself until a "perfect process" is achieved.