Companies that need to succeed in today’s business environment shall be prepared to face new realities. Globalization has removed country borders. Competition area is the whole world for companies… Competition actually takes place between processes of the companies rather than the companies themselves. Customers want results, employees desire competitive and rewarding business experience. Technology on the other hand, provides unparalleled opportunities that enable rapid growth. Succeeding in such an environment is only possible when companies focus on the processes as a strategic weapon. Those who cannot make their processes efficient and effective, those who cannot establish a process based management system are doomed to fall back in the competition and eventually vanish.