Business Process Management (BPM) Tools help organization to design/automate business process models, process flow models, data flow models, rules and also facilitate simulating, optimizing, monitoring and maintaining various processes that occur within a business environment.
BPM Suites or BPM Tools are some time referred as BPMS.
BPM tools provide platform to create an application that co-ordinates the manual and automated tasks.In a business environment there are many scenarios which involves action from different stake holders.BPM tools help automate the Business process that fastens the business activities.
Business process management (BPM) is a domain which has improved business efficiency in last decade.BPM market is more then 7-8 billion dollars.
There are different tools available to manage Business processes.Pegasystems is leading the space and IBM Lombardi is following it.
BPM Tools List
Newgen Software technologies
There are four critical components of a BPM Suite:
Process Engine – a robust platform for modeling and executing process-based applications, including business rules
Business Analytics — enable managers to identify business issues, trends, and opportunities with reports and dashboards and react accordingly
Content Management — provides a system for storing and securing electronic documents, images, and other files
Collaboration Tools — remove intra- and interdepartmental communication barriers through discussion forums, dynamic workspaces, and message boards
BPM also addresses many of the critical IT issues underpinning these business drivers, including:
Managing end-to-end, customer-facing processes
Consolidating data and increasing visibility into and access to associated data and information
Increasing the flexibility and functionality of current infrastructure and data
Integrating with existing systems and leveraging emerging service oriented architecture (SOAs)
Establishing a common language for business-IT alignment