What is advantages and disadvantages of business process management?
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Advantages of BPM
Problem Solving Simplified
Reduced Risks
Measurability
Customer and employee excellence
Technology and workforce augmentation
Disadvantages of BPM
Weak management and loss of funds
Limited innovations
Lack of communication
In a nutshell
Despite the disadvantages of BPM, many companies, businesses, and organizations still resort to it. On the other hand, although it has advantages, there are still some who don’t believe in its efficiency. This is because if handled poorly, BPM can lead to an organization losing revenue, customers, sales, intellectual property, and more.
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