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Business Performance Management

Businesses around the world are constantly evaluating the methods to identify and develop business processes that are more efficient in terms of cost and the achievement of goals. The practice of creating metrics to measure performance is one of the ways that business owners and managers attempt to get a better return on investment for their business processes.

Business performance management is a way of monitoring the methods a company uses to reach its goals and then using data to find better methods. BPM allows companies to collect data efficiently from various sources, analyze it and use this knowledge to improve the company's performance. BPM also allows problems to be identified before they have a chance to grow and spread into other areas of the business.

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