Business process management (BPM) is a service that provides proper support and essential information to facilitate the operation and future strategies of the business. It is a methodical approach that helps in providing a more effective and efficient work-flow for an organization. One of the prime benefits of BPM lies in its potential to make an organization capable of adapting the ever-changing and competitive business environment. BPM was usually carried out by a business consultant as a project work but now, there are many BPM service providing firms. The objective of a BPM service provider is to reduce the human error and any possible miscommunication to a minimal level. They also undertake the task of making the stakeholders focused on the requirements of their roles. BPM (business process management)is also viewed as a point of connection within an organization. It is a point of connection between the line-of-business (LOB) and the IT department. LOB is a common term which refers to one or more related products that service a specific business need. For the execution of a BPM service, a framework is required. Company owners can choose from any three different kinds of BPM frameworks that are explained below.
Types of BPM Frameworks
There are total three types of BPM frameworks that are currently available in the market. The three available BPM frameworks are as follow:
Horizontal frameworks
The frameworks that deal with design and development of the business processes are known as horizontal frameworks.
Vertical frameworks
The frameworks that focus on a particular set of coordinated tasks are known as vertical frameworks. They also have pre-built templates that can be configured and deployed as per client needs.
Full-service Suites
Full-service BPM suites consist of five essential components such as process discovery, process modeling, work-flow engine, business rules engine and testing.
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