Here, you document all the steps in your process and present them through a process map. In the first step, you want to have an overview of your process. Here’s what each of them involve: Step #1 – Mapping There are five steps in a standard BPM lifecycle… The process of following those steps is the BPM lifecycle. Business Process Management (BPM) Lifecycleįor each of your process improvement initiatives, you need to follow a series of steps. We’ll get into what BPMS is and why it’s so useful for process management further down.įor now, just keep in mind that we will be using them to mean different things throughout the article. Most companies nowadays use BPMS to manage their processes, so the two words are often perceived as interchangeable. Many people use BPM to mean BPMS, but the two are actually completely different things.īPM is a methodology, a process in and of itself whereas BPMS is a software that helps you manage your processes with ease. You’ve probably heard “Business Process Management” thrown around here and there, and often within the context of Business Process Management Software (BPMS). Anything from invoicing to shipping to dealing with customer tickets is a process you can manage. These processes could be any repeatable tasks or activities that your company completes to achieve an organizational goal. It’s not something you just do once or twice, it’s a continuous methodology that your organization follows. In a nutshell, “doing” BPM means constantly keeping track of and improving your company’s business processes. These fancy terms are attractive in a board meeting, but what does this ACTUALLY mean? BPM helps you discover, visualize, analyze, improve, and automate your processes. What is Business Process Management (BPM)īusiness Process Management (BPM) is a broad term that refers to the way your company manages its business processes.
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