A Business Process is the activities that are planned to achieve a specific goal for an organisation. Management works to help improve these processes to ensure the task is completed efficiently, or they will outsource certain roles to third party organisations, such as Accountants.
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Stages of the Business Process are tracked, sometimes referred to as benchmarks, and noted when complete. If the Business Process is not achieving the goal within the desired time or because of limited resources, strategies are devised and implemented to improve the process.
Business Process Management (BPM) is an important aspect in any managerial role within the IT industry to ensure the department completes tasks that achieve the organisation’s goals.