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Business Process Management

   

Added on  2023-03-31

11 Pages1639 Words153 Views
Running head: BUSINESS PROCESS MANAGEMENT
BUSINESS PROCESS MANAGEMENT
Name of the Student
Name of the University
Author Note

1BUSINESS PROCESS MANAGEMENT
Summary for last assignment
The last assignment was conducted for the purpose of introducing the case related to
Reliable finance company. The company offers a better way of managing the loans towards the
businessmen and farmers. The organization aims at expanding the business so that they can
achieve better growth throughout the life cycle of the organization. The main aim of the
organization is to expand the business functions so that they can achieve better results with the
use of an effective business process. The last assignment was used for the purpose describing the
problems that were faced with the current business process associated with the organization.
The above diagram is developed based on the feedback that is received for the purpose of
developing the previous assignment. The model is being developed for the purpose of identifying
the current business process associated with the organization.

2BUSINESS PROCESS MANAGEMENT
Enterprise architecture
The enterprise architecture mainly aims at collaborating with the key personnel for the
purpose of defining the business objectives so that it can support the main objectives associated
with the business infrastructure. With the help of enterprise architecture the RFC organization
will be able to rectify the business process model and will ensure better performance of the
system. This also offers a better way of mapping out the business process to check whether there
is any issue faced while executing the process or not. Thus it is expected that with the use of
enterprise architecture the mapping out will become easy and will ensure a better way of
handling the activities within the organization. The main benefit that is observed with the use of
BPM is that it helps in the time of rapid growth of the organization. This becomes important at
the time of identifying the existing business process that can replicate the reasons behind the
growth of the company. With the help of BPM diagram it is expected that mapping of the
employees associated with the organization will become easy and will provide an effective way
of managing the processes that are taking place within the system. While accessing this it
becomes easy to manage the activities that are taking place within the organization. Business
process modeling is used for the purpose of representing the activities sequence that is taking
place within the organization. Enterprise architecture is referred to the framework that focuses on
providing a better methodology for determining the business process modeling. EEnterprise
architecture possesses the ability to impact the BPM portfolio process by explaining the ways to
create, analyze, and manage the BPM processes.
Value stream map is one of the simplest ways of managing the stops that is taking place
within the organization. This helps in visualizing the major steps that are essential for
transforming the customer request into the expected services from the suppliers towards the

3BUSINESS PROCESS MANAGEMENT
intended customers. With the help of value stream map the holistic view of process related
towards the system can be obtained. This helps in identifying the non value added steps that will
be able to eliminate the errors within the process. This also helps in improving the overall
performance of the system and ensures a better way of performing the activity.
About the BPM diagram
The major process segments that are associated with the BPM are described below:
Payment: the payment process is one of the external processes associated with the
organization. This is mainly performed by the customer. Customers are responsible for
sharing the payment vouchers via emails with the organization so that they can analyze
the payment amount.
Payment verification: before processing the payment it becomes essential to verify the
credential so that payment can be performed successfully.
Payment reminder: this generates reminder towards the customer so that they can process
the amount at current time without about delay.
Payment report: the system delivers a report for determining the verification process
associated with the payment.

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