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Business Process Reengineering
Business process reengineering (BPR) is a business approach aimed at streamlining and increasing the effectiveness of key financial and operational processes across the organization. The key to reengineering business processes is to start from scratch and approach business processes with a "clean slate” mentality, and to leverage performance management technologies such as automated workflow, process or exception alerts, and key performance indicators (KPI). This approach allows the project team to understand the key components of the process, and provides for the integration of related processes across departmental boundaries while eliminating extraneous steps and redundancies.
Business process reengineering may also be referred to as Business Process Redesign, Business Transformation, or Business Process Change Management. It is related to the concepts of performance management, performance measurement and workflow and process management.
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