Business process management (BPM), having evolved over the past fifteen years, has finally reached a level of maturity where vendors are now abolishing functional silos to allow the enterprise-wide flow of business processes. It replaces the old, manual system of coordinating activities in a company and improves functionality and effectiveness through modeling, documentation, certification, collaboration, automation, and compliancy to minimize costly errors.
definition of core business functions
process management is the definition of the process as a whole, including EAI, business process modeling, workflow, and even B2B transport capabilities. Furthermore, BPM should not be confused with business performance management which belongs to the world of business intelligence (BI) and data warehousing. The Difference between Automating Functions (Vertical) and Processes (Horizontal) Organizations regularly implement CRM, SCM, and ERP applications. As a result, key business functions such as