University Accounting Information System: BPM and Workflow Analysis
VerifiedAdded on  2020/04/29
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Homework Assignment
AI Summary
This assignment delves into the comparison and contrast between Business Process Management (BPM) and Workflow Management. The study begins by establishing the premise that BPM and workflow are intrinsically linked, with workflow being a modeling component of BPM. The assignment then explores how BPM encompasses organizational process mapping, process modeling, process execution, and process improvement. It defines BPM as a structured approach to managing both automated and non-automated business processes to align with strategic goals. The paper highlights the benefits of both BPM and workflow, including improved agility, increased efficiency and visibility, and reduced costs. The conclusion emphasizes the relevance of BPM, particularly in large organizations, while acknowledging the potential for using workflows for micro-level business analysis. The assignment provides a concise overview of the concepts and benefits of BPM and workflow management within the context of an accounting information system.
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