Answer :

Business process management (BPM)  is used to describe the most effective and efficient ways accomplishing business processes.

A business process is an action or series of actions that fulfil a certain organisational objective. Business procedures should deliver consistent results, have clear objectives, and be as specific as feasible. Business process management (BPM) is a methodical strategy for enhancing processes, which aids organisations in achieving their objectives. Business process outsourcing may be used by an organisation if cost or resource limitations prevent it from carrying out specific business operations internally. Many businesses use a third-party service provider to handle specific company responsibilities, such payroll, human resources (HR), or accounting. Business process mapping is another strategy used by organisations to improve the efficiency of their daily operations.

So, the required term is Business process management (BPM).

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