Business Rules Management
Business Rules Management (BRM) refers to the systematic approach of defining, managing, and monitoring business rules within an organization. These rules guide decision-making processes and ensure consistency in operations. By using BRM, companies can adapt to changes in regulations, market conditions, or internal policies more efficiently.
BRM often involves specialized software tools that help automate the creation and enforcement of rules. This technology allows businesses to easily update rules without extensive programming knowledge, promoting agility and compliance. Overall, effective BRM enhances operational efficiency and supports strategic objectives.