Business Process Management News

Business process management (BPM) is an emerging technology for improving the efficiency of business concerns. It includes the elements of workflow, document management, business rules, and enterprise application integration. The latest news in business process management is the diverse software packages available for this process. Many call centers are currently using business process management software to reduce abandon call rates and improve overall customer service.

According to analysts, business process management has become today's hotly contested software category. Almost all companies that design these software packages claim that these are highly beneficial for the business as well as the customers. However, business process management software packages can be quite expensive. A recent survey has revealed that a majority of companies dealing with the BPM projects have spend between $100,000 and $500,000. If this is the case, then by 2008 expenses with regard to business process management software is estimated to cross over one billion dollars.

BPM tools are designed to let company executives and end users take a process-centric approach to business projects and analyze the effectiveness of those company processes. An enterprise using BPM can follow strategic initiatives including mergers, consolidation, acquisitions etc., with full confidence. As more and more companies try to use business process management, the processes to streamline data capture and the underwriting process becomes easier.

Latest trends in business process management can be obtained through periodicals, journals, and websites. Business books are another fruitful source. You have many options to get updated business process management news through the various websites devoted to this. As business process management news usually highlights the views of many people, you will get detailed information about the pros and cons of the process. You also get awareness about the various approaches used by different persons while implementing BPM in their organizations.

Business Process Management provides detailed information on Business Process Management, Business Process Management Software, Business Process Management Systems, Business Process Management Solutions and more. Business Process Management is affiliated with Corporate Performance Management Solutions.

Source: www.articlesbase.com