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BAM

(Business Activity Monitoring) Electronic equivalent of 'minding the shop'. BAM software builds up a picture of business activity by monitoring and recording metrics from various different sources within an organization's software infrastructure. Because it understands the business context of the information it collects, it can translate disparate software events, for example the creation of sales orders and invoicing, into information about how the business is performing, such as calculating inventory turns or days sales outstanding.

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