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Business Process Re-engineering
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Business Process Re-engineering
A business process encapsulates the set of intertwined and interlinked tasks and activities that strive towards a common organizational goal. Business Process Re-engineering, on the other hand, is the holistic decomposition and reconstruction of a business process to realize improved customer relations, productivity, cycle time, and enhanced quality of work.
The idea of BPR which gained currency in the 1990s presented a counter-solution to deliver businesses from the excesses of iterative improvement in individual departments. Instead, it aimed at an overall reconfiguration of a business process in its entirety to bring about a paradigm shift in how things are conducted to buttress a company’s goals better.
Why Business Process Re-engineering?
A Business Process Re-engineering is an extensive procedure of analyzing, scaling, and improving the overall functioning of a business. It involves a fundamental change in how operations take place, the fashion in which resources are utilized, and the ways to satisfy customer demands.
Re-engineering should not be seen as a luxury but a necessity to survive and thrive in an incrementally competitive business ecosystem. The race to stay relevant in an ever-changing contemporary market and its ever-evolving components are what necessitate business process re-engineering.
Now, the question might arise as to why the iterative improvement of sub-processes in business is less desirable than business process re-engineering principles. Even though the former improves the functioning capability of individual departments, it might not always be useful if the overall procedure remains outdated or underperforming.
Therefore, the need for a holistic and all-round redesign is necessary to ensure that all the departments are responsible for the company’s growth rather than isolated enhancement. The latter, hence, recognizes the sub-processes involved in a business process and rethinks and redesigns those in a manner that coalesces the processes to function in a more responsible and unified fashion.
Rethinking a business process aims at cutting the fat from it, eliminating unnecessary layers and elements, thus, reducing operational costs and improving productivity and cycle time. That leads to enhanced customer service and profitability.
How to approach Business Process Re-engineering?
There is a five-step procedure behind the business process re-engineering methodology, starting from scratch by defining a company’s goals and ending with the implementation of a restructured business process.
- Defining organizational objectives and goals
- Identifying and noting customer needs
- Analyzing and evaluating the existing business process to recognize the sub-processes
- Reconfiguring the existing business process to develop a cross-functional departmental model with end-to-end responsibility
- Implementation of the redesigned organizational model
Role of Information Technology in Business Process Re-engineering
Information Technology (IT) plays a critical role in BPR in perpetuity. In a techno-centric market, IT is quintessential to a business process. It enables an organization to work and collaborate more efficiently within and across its borders. Information Technology not only expedites the process of analysis and evaluation but also gains prominence in implementation and successive follow-ups.
- Comprehensive and accessible databases enhance the availability of information across departments
- Cross-departmental framework with end-to-end responsibility works best under the aegis of IT
- Enriched departmental communication through IT leading to a unified approach toward organisational goals
- Easy identification of customer needs and industry trends via analytical and research tools
- Automated systems like bots to attend to customer queries contributing to the overall improvement of customer services
- Recognising organisational fat with the use of intra-organisational managerial systems
- Straightforward and effective establishment of a reconfigured business process
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Business Process Re-engineering
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What services do we offer?
We offer a wide range of bookkeeping and accounting services, including:
- Daily bookkeeping and transaction management
- Payroll processing
- Tax preparation and filing
- Financial statement preparation
Is hiring a bookkeeping agency worth it?
Hiring a professional bookkeeping agency like Rap Guru allows you to focus on growing your business while ensuring accurate and compliant financial records. We provide expertise, save you time, and reduce the risk of errors, penalties, and missed opportunities.
Can we handle your business’s taxes?
We offer comprehensive tax services, including preparation, filing, and tax planning. We ensure that your business remains compliant with tax laws and takes advantage of any available deductions or credits.
How do you ensure my financial data is secure?
Rap Guru takes data security very seriously. Our team follows strict protocols to ensure your financial information is protected through encrypted systems, secure cloud storage, and regular backups. We also comply with industry standards for data privacy.
What details you have to provide to get started?
To get started, we’ll need access to your financial records, including bank statements, invoices, receipts, and other relevant documents. During the consultation, we’ll guide you through the process and let you know exactly what’s needed.
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Sunita Sundaram
UI Designer
Rapguru offers professional and knowledgeable financial advisory services focusing on tailored strategies and transparent communication. Their tools and resources are helpful, and the team is approachable and patient. Overall, it is a great choice for those seeking personalized financial planning, especially for long-term goals.
Sanjana Sharma
MH Manager
As an MH Manager, I’ve worked closely with Rapguru on business process re-engineering projects, and their expertise is remarkable. They bring a structured approach to identifying inefficiencies and implementing innovative solutions. Their team is collaborative, detail-oriented, and committed to delivering measurable improvements.
Meera Mahato
CEO, Founder
As the CEO, I am highly impressed with our Human Resource Management System (HRMS). It has streamlined our HR processes, from recruitment to performance management, making them more efficient and transparent. The intuitive interface and automation features have significantly reduced administrative burdens, allowing our team to focus on strategic initiatives.
Hriday Barman
CA
Rapguru offers expert financial advice with a focus on personalized strategies and clear communication. Their approachable team and helpful tools make long-term financial planning easy and effective. A great choice for tailored financial guidance!