What does BPM stand for?

Get to know what the abbreviation of BPM stands for and how BPM can help your organization to build more agile and flexible business processes.

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What does BPM stand for and how can your business benefit from it?

According to recent studies, global BPM market will double up to 14 billion US dollars by 2021. The main reason of such growth is that more and more companies across the world realize the value of managing their processes and its importance to the business success. So, what does BPM stand for?

In today’s business world, organizations are actively applying the process approach to their work environments. However, there is still a problem of understanding what BPM stands for. BPM implies Business Process Management – the concept of a systematic approach to design, implement, measure, monitor and control the operational processes that exist in an organization.

With the help of business process management (BPM), companies can easily model existing business processes and create new ones. BPM allows companies to be more flexible and agile, as well as to adapt more quickly to any market changes. That is why a lot of midsize and large enterprises began to actively implement BPM systems.

bpm software

 

The difference between CRM and BPM

The speed of creating new software for business automation is tremendous, so it might be hard to understand all the differences between CRM and BPM, where CRM is Customer Relationship Management and BPM stands for Business Process Management.

CRM

Customer relationship management allows companies to automate customer-facing processes and enables sales, marketing and service functions to be automated. CRM software helps to reduce marketing costs, get better customer insights and increase customer lifetime value.

BPM

Business process management allows companies to analyze and change business processes. Businesses benefit from BPM software in a way of controlling chaotic processes and improving business agility.

Studio Creatio– the most agile BPM system to accelerate business processes

agile BPM system

Business process management requires an intelligent and easy-to-use BPM platform. Studio Creatio is a platform with unique synergy of BPM and case management, which allows companies to manage their business processes and create applications for any business needs. With this combination, businesses can optimize both structured and unstructured processes, as well as achieve better business agility.

Check the pricing of Studio Creatio and discover why it is crucial for your business success! 

Features

Business process management

Studio Creatio allows its users to automate any internal business process – from hiring an employee to executing a large project featuring collaboration of different departments. Quickly build a process with easy-to-use process designer and take the advantage of a robust business process management engine to deal with multiple business processes at the same time. Monitor and analyze existing processes to detect unwanted bottlenecks instantly by using custom dashboards and process log.

Case management

Manage and automate unstructured business processes in Studio Creatio with a power of Dynamic Case Management (DCM). Easy-to-use case designer makes the process of managing cases fast and seamless – just use drag-n-drop tool to create possible steps for each stage of a process. Get an instant access to real-time analytics in order to optimize cases.

System designer

Studio Creatio provides a possibility to customize the system’s interface as much as you want – from the order of data fields to system’s colors according to the company’s branding. Section wizard allows creating new sections and editing the existing ones. Set up dashboards, easily create reports and track KPIs in real time to have a complete visibility on your company’s performance. Extend the functionality of Studio Creatio by setting up one of numerous out-of-the-box processes, templates and applications available to download at Marketplace Creatio.

Core configuration

Basic features of Studio Creatio make it possible to solve different routine tasks – from planning your agenda for a day to collaborating within your team for a project. The system allows to not only manage internal communications but to connect with prospects and customers directly from Studio Creatio.

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The mission of Creatio is to help companies ACCELERATE!

Creatio is a global business software company leading in the space of business process automation and CRM. The company has been highly recognized as a market leader by key industry analysts. Its intelligent platform accelerates sales, marketing, service and operations for thousands of customers and hundreds of partners worldwide.

  • Сreatio named a Leader in the Gartner Magic Quadrant for Sales Force Automation (2020).

  • Creatio named a Leader in the Gartner Magic Quadrant for CRM Lead Management (2020)

  • Creatio has been included in the Gartner Magic Quadrant for the CRM Customer Engagement Center (2020)

  • Creatio has been included in the Gartner Magic Quadrant for Enterprise Low-Code Application Platforms (2020)

  • Creatio has been included in the Gartner Magic Quadrant for Intelligent Business Process Management Suites (2019)

  • Creatio named a Strong Performer in The Forrester Wave™: Digital Process Automation for Wide Deployments, Q1 (2019)

  • Creatio named a Strong Performer in The Forrester Wave™: Customer Service Solutions, Q2 (2019)

  • Creatio named a Strong Performer in The Forrester Wave™: CRM Suites, Q4 (2018)

  • Creatio named a Strong Performer in
    The Forrester Wave™: B2B Marketing Automation Platforms, Q4 (2018)

  • Creatio named a Strong Performer in The Forrester Wave™: Cloud-Based Dynamic Case Management, Q1 (2018)

  • Creatio named a Strong Performer in The Forrester Wave™: Sales Force Automation Solutions, Q2 (2017)

  • Creatio has been recognized in the LCAP Technology Value Matrix 2020 by Nucleus Research.

  • Creatio has been recognized as a Leader in the CRM Technology Value Matrix 2020 by Nucleus Research.

  • Creatio named a Leader in the Grid® Reports for Business Process Management and CRM | Winter 2021 by G2.

  • Creatio named a winner of the CRM Watchlist 2020 award led by Paul Greenberg, one of the most influential thought leaders in the CRM industry.

  • Creatio named a 5-Star Partner Program Award Winner among Cloud Vendors by CRN Magazine for the third consecutive year (2020).

  • Creatio named a winner of a People’s Choice Stevie® Award for Favorite New Products in The 18th Annual American Business Awards® (2020).

  • Creatio named a Leader in three categories of the 2019 CRM Market Leader Awards - Enterprise CRM, CRM for Midsize Companies and SFA.

  • Creatio named a winner of a Gold Stevie Award in the Digital Process Automation Solution category in The 17th Annual American Business Awards. (2019).

  • Creatio named Market Leader in the Summer 2020 Low-Code Development Platforms Customer Success Report.

  • Creatio named a Top 1 business process management solution by FinancesOnline for the second year in a row (2019).

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