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![]() ![]() It still carries some of the same implications noted above-the aim of BPM is to increase a company’s efficiency, profitability and/or competitiveness-but, as a technical term, it focuses specifically on the digitization of business processes. The term’s unstated implication is that processes are managed with the aim of increasing efficiency, profitability and/or competitiveness.īut business process management (BPM) is actually a technical term. Business process management: At first glance, this term seems to be a simple description of what bosses, managers and department heads do they manage the processes of business.
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