Optimizing Back Office Operations

Optimizing Back Office Operations PDF Author: Zahid Khalid
Publisher: John Wiley & Sons
ISBN: 047060395X
Category : Business & Economics
Languages : en
Pages : 224

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Book Description
According to industry experts, a typical one billion dollar company spends approximately $27 million on unnecessary working capital and inefficient processing functions because they lack visibility into the financial supply chain. Optimizing Back Office Operations: Best Practices to Maximize Profitability uses examples and case studies to show how cost optimization—and not cost reduction—in the core back office operations is the right approach to maximizing profitability and enterprise value. Implementation guidance is provided for Executives, CFOs, and Controllers on transitioning from outdated processes to a fully-optimized financial supply chain.

Optimizing Back Office Operations

Optimizing Back Office Operations PDF Author: Zahid Khalid
Publisher: John Wiley & Sons
ISBN: 047060395X
Category : Business & Economics
Languages : en
Pages : 224

Get Book Here

Book Description
According to industry experts, a typical one billion dollar company spends approximately $27 million on unnecessary working capital and inefficient processing functions because they lack visibility into the financial supply chain. Optimizing Back Office Operations: Best Practices to Maximize Profitability uses examples and case studies to show how cost optimization—and not cost reduction—in the core back office operations is the right approach to maximizing profitability and enterprise value. Implementation guidance is provided for Executives, CFOs, and Controllers on transitioning from outdated processes to a fully-optimized financial supply chain.

Optimizing Back Office Operations

Optimizing Back Office Operations PDF Author: Zahid Khalid
Publisher: Wiley
ISBN: 0470603941
Category : Business & Economics
Languages : en
Pages : 208

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Book Description
According to industry experts, a typical one billion dollar company spends approximately $27 million on unnecessary working capital and inefficient processing functions because they lack visibility into the financial supply chain. Optimizing Back Office Operations: Best Practices to Maximize Profitability uses examples and case studies to show how cost optimization—and not cost reduction—in the core back office operations is the right approach to maximizing profitability and enterprise value. Implementation guidance is provided for Executives, CFOs, and Controllers on transitioning from outdated processes to a fully-optimized financial supply chain.

Patterns for Performance and Operability

Patterns for Performance and Operability PDF Author: Chris Ford
Publisher: CRC Press
ISBN: 1420053353
Category : Computers
Languages : en
Pages : 340

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Book Description
Applications that work perfectly in controlled settings often fail in production environments, impacting business operations. This book explores a frequently overlooked aspect of software development: non-functional design and testing. In the real world, hostile production conditions and changing business usage can lead to unforeseen downtime or unacceptable system performance. Written by technologists and based on real field experience, the book examines common failure scenarios, defensive design patterns, and effective performance strategies.

Optimize Now (or Else!)

Optimize Now (or Else!) PDF Author: David M. Fisher
Publisher: iUniverse
ISBN: 0595298370
Category : Business & Economics
Languages : en
Pages : 369

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Book Description
Companies are often their own worst enemies. We work in disconnected functional and geographic silos, making it impossible to achieve end-to-end effectiveness. We struggle to make optimal decisions due to our overwhelming lack of quality information. In Optimize Now (or else!), David Fisher identifies the source of many of these problems and attacks them at their core. He explores the critical importance of processes and information that represent both the root of our problems and our greatest opportunity for dramatic improvement. He introduces new leadership in the Chief Process and Information Officer and the Process and Information Department, and specifies how to position these roles for enterprise-wide success. He further introduces the Enterprise Optimization Framework, an innovative, metric-driven decision-making framework, to ensure decisions are no longer based on "gut feel" but rather on quantitative expected outcomes. Finally, he explores the do's and don'ts of outsourcing and information technology with specific guidance on how these resources can be utilized to advance end-to-end optimization. It's time to put an end to our own misery. It's time to follow the path toward Enterprise Optimization, and avoid the downward spiral to Enterprise Extinction. Survival is at stake. We must Optimize Now (or else!).

Digital Business Transformation

Digital Business Transformation PDF Author: Rocco Agrifoglio
Publisher: Springer Nature
ISBN: 3030473554
Category : Computers
Languages : en
Pages : 338

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Book Description
The recent surge of interest in “digital transformation” is changing the business landscape and posing several challenges, both organizational and sectoral. This transformation involves the application of digital technology in all aspects of business, and enables organizations to create new products and services, and to find more efficient ways of doing business. Moreover, the digital transformation is happening within and across organizations of all types and in every industry, producing a disruptive innovation that can break down the barriers between people and organizations, and help create more adaptive processes. In the information age, it is imperative for organizations to develop IT-related capabilities that allow them to leverage the potential of digital technologies. Due to the pervasive effects of this transformation on processes, firms and industries, both scholars and practitioners are interested in better understanding the key mechanisms behind the emergence and evolution of the digital business transformation. This book presents a collection of research papers focusing on the relationships between technologies (e.g., digital platforms, AI, blockchain, etc.), processes (e.g., decision-making, co-creation, financial, compliance, etc.), and organizations (e.g., smart organizations, digital ecosystems, Industry 4.0, collaborative networked organizations, etc.), which have been categorized into three major areas: organizing, managing and controlling. It also provides critical insights into how the digital transformation is enhancing organizational processes and firms’ performance through an exploration and exploitation of internal resources, and through the establishment of external connections and linkages. The plurality of views offered makes this book particularly relevant for users, companies, scientists, and governments. The content of the book is based on a selection of the best papers (original double-blind peer-reviewed contributions) presented at the annual conference of the Italian chapter of the AIS, which was held in Naples, Italy in September 2019.

Value Realization from Efficient Software Deployment

Value Realization from Efficient Software Deployment PDF Author: Alex Louwe Kooijmans
Publisher: IBM Redbooks
ISBN: 0738435813
Category : Computers
Languages : en
Pages : 250

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Book Description
Many companies have a complex process for purchasing software that is required by IT projects, or better, by the business. Usually software is purchased by a centralized procurement function, and is either purchased on a project-by-project basis or as a large periodic software contract. Unfortunately purchasing software products does not automatically mean that these products are exploited throughout the organization providing the maximum possible value to the business units. Several issues call for a structured approach that gets the most business value out of software already purchased. The objectives of this approach are to: Create maximum awareness throughout the organization of the software purchased. Track software use in IT projects and act if products are not used at all, used improperly, or insufficiently used. Facilitate use of software products in projects, especially when software products are complex and require a lot of integration. We can summarize the overall objective of this approach as ensuring that the business units in an organization obtain the maximum possible value of software products purchased, which is also the scope of this IBM® Redbooks® publication.

ERP Optimization

ERP Optimization PDF Author: Cindy Jutras
Publisher: CRC Press
ISBN: 1420025376
Category : Business & Economics
Languages : en
Pages : 187

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Book Description
Existing ERP systems are being used to support an increasing amount of critical e-business initiatives, even though this is far from their original purpose. While ERP can form a foundation for successfully meeting e-business needs, future success will be derived not only from a firm, supportive foundation, but from a solid e-business superstructure

The Fundamentals of Lean Management

The Fundamentals of Lean Management PDF Author: Cybellium Ltd
Publisher: Cybellium
ISBN: 1836792662
Category :
Languages : en
Pages : 389

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Book Description
Designed for professionals, students, and enthusiasts alike, our comprehensive books empower you to stay ahead in a rapidly evolving digital world. * Expert Insights: Our books provide deep, actionable insights that bridge the gap between theory and practical application. * Up-to-Date Content: Stay current with the latest advancements, trends, and best practices in IT, Al, Cybersecurity, Business, Economics and Science. Each guide is regularly updated to reflect the newest developments and challenges. * Comprehensive Coverage: Whether you're a beginner or an advanced learner, Cybellium books cover a wide range of topics, from foundational principles to specialized knowledge, tailored to your level of expertise. Become part of a global network of learners and professionals who trust Cybellium to guide their educational journey. www.cybellium.com

Operations Management For Dummies

Operations Management For Dummies PDF Author: Mary Ann Anderson
Publisher: John Wiley & Sons
ISBN: 1119843103
Category : Business & Economics
Languages : en
Pages : 423

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Book Description
The plain language guide to getting things running smoothly in the world of business Operations management is all about efficiency, and Operations Management For Dummies is all about efficiently teaching you what you need to know about this business hot topic. This book tracks typical operations management MBA courses, and it will help you un-muddle concepts like process mapping, bottlenecks, Lean Production, and supply chain management. Learn to step into a business, see what needs improving, and plug in the latest tools and ideas to shape things up in any industry. This latest edition covers, you guessed it, digital transformation. Technology is completely upending operations management, and Dummies walks you through the latest, so you can stay at the front of the pack. Other new stuff inside: supply chain traceability, ethical sourcing and carbon footprint, business resiliency, and modularizing the supply chain. It’s all here! Optimize operations and increase revenue with strategies and ideas that make businesses run better and cheaper Get easy-to-understand explanations of complex topics and theories in operations management Learn how operations management is affected by digital transformation and sustainability concerns Evaluate, design, improve, and scale all sorts of processes, regardless of business size or area of operation Businesses can't operate successfully without effective operations and supply management. That makes Operations Management For Dummies a must—for MBA students and business professionals alike.

Hyperautomation with Generative AI

Hyperautomation with Generative AI PDF Author: Navdeep Singh Gill
Publisher: BPB Publications
ISBN: 9355518595
Category : Computers
Languages : en
Pages : 368

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Book Description
Understand how to leverage Hyperautomation and Generative AI to accelerate Business Transformation KEY FEATURES ● Explores a wide range of use cases and examples that demonstrate the diverse applications of Hyperautomation across industries, sectors, and specific departments. ● Familiarizes you with popular tools and platforms like UiPath, Automation Anywhere, and IBM. ● Discovers how existing organizations utilizing AI and RPA technologies can leverage Hyper automation to rapidly expand automation initiatives across various business verticals. ● Rise of Generative AI and its Tectonic Shift in industries and technologies. DESCRIPTION Hyperautomation and Generative AI, when combined, can create powerful new capabilities for businesses. If you are a business leader looking to improve your productivity, efficiency, and customer satisfaction by adopting hyperautomation and generative AI technologies, then this book is for you. This book provides an introduction to hyperautomation, highlighting its key components and providing guidance on how organizations can implement it to streamline everyday business operations. The book covers a comprehensive range of use cases and examples that demonstrate the diverse applications of hyperautomation across industries, sectors, and specific departments within companies. It also familiarizes you with popular tools and platforms like UiPath, Automation Anywhere, and IBM, enabling them to make informed decisions when selecting the appropriate technology for their digital transformation endeavors. Lastly, the book illustrates how existing organizations that are already utilizing AI and RPA technologies can leverage hyperautomation to rapidly expand their automation initiatives throughout various business verticals. By the end of the book, you will have a deep understanding of the potential of hyperautomation and generative AI to transform businesses. WHAT YOU WILL LEARN ● Understand the importance of developing the necessary talent, skillset, and IT infrastructure for successful Hyperautomation implementation. ● Explore different strategies for scaling automation initiatives across different business verticals. ● Understand how to solve diverse business problems using Hyperautomation through a high-level plan. ● Understanding the essential technologies like AI, machine learning, and deep learning and their contributions to Hyperautomation. ● Understand the benefits of using Hyperautomation with Generative AI. WHO THIS BOOK IS FOR This book is for professionals who are interested in automation and Generative AI. It covers the development and execution of diverse business processes, and is relevant to a wide range of roles, including digital transformation consultants, CxOs, technical architects, AI engineers, enterprise architects, RPA engineers, and automation engineers. TABLE OF CONTENTS Section I: Automation and Its Necessity 1. The Realism of Hyperautomation 2. Existence of Different Automations 3. Fundamentals of RPA Tools and Platforms 4. Amalgam of Hyperautomation and RPA Section II : Evolution of Automation to Hyperautomation via RPA 5. Devising Hyperautomation Solutions 6. Amalgam of Hyperautomation and Artificial Intelligence 7. Bridging AI with Humans 8. Impact of Machine Learning with Hyperautomation 9. Operationalizing Hyperautomation 10. Successful Use Cases of Hyperautomation Section III: Emergence of Generative AI and Its Collaboration with Hyperautomation 11. Generative AI and Hyperautomation