Business process reengineering was a consulting fashion in the early 1990s that spurred many companies to purchase their first ERP systems. BPR proposes a fundamental redesign of core business processes to achieve substantial improvements in market and customer responsiveness, productivity, cycle times and quality. ERP systems support business process reengineering by guiding the step-by-step execution of the redesigned process to ensure that it is performed consistently. They also automate the...
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Topics:
Big Data,
Data Science,
Mobile,
Customer Analytics,
Customer Experience,
Machine Learning,
Office of Finance,
Wearable Computing,
Continuous Planning,
business intelligence,
Analytics,
Cloud Computing,
Data Integration,
Internet of Things,
Financial Performance Management,
Digital Technology,
Digital Marketing,
Digital Commerce,
Operations & Supply Chain,
Enterprise Resource Planning,
Machine Learning and Cognitive Computing,
ERP and Continuous Accounting,
Sales Planning and Analytics
“What’s next?” is the perennially insistent question in information technology. One common observation about the industry holds that cycles of innovation alternate between hardware and software. New types and forms of hardware enable innovations in software that utilize the power of that hardware. These innovations create new markets, alter consumer behavior and change how work is performed. This, in turn, sets the stage for new types and forms of hardware that complement these emerging product...
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Topics:
Mobile,
Performance Management,
Predictive Analytics,
ERP,
Office of Finance,
Operational Performance Management (OPM),
Reporting,
Wearable Computing,
Management,
close,
closing,
computing,
Analytics,
Business Analytics,
Business Collaboration,
Cloud Computing,
Business Performance Management (BPM),
Customer Performance Management (CPM),
finance,
Financial Performance Management (FPM),
Sales Performance Management (SPM),
Supply Chain Performance Management (SCPM),
Workforce Performance Management (WPM),
FPM
