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A business process analysis in every organization helps review your business operations processes. It usually includes five steps- reviewing processes, collecting data, analyzing processes, identifying opportunities for improvement, and making changes. Every company runs with several business processes that happen daily. The coordination and execution of these processes will help your business’s smooth flow. But […]

Process Mapping is a part of Business Process Management. It visually depicts the company’s workflow through charts, flowcharts, diagrams and symbols. The visual representation of the workflows and systems in a company is laid out for the stakeholders to understand and adhere to the optimum functioning. Process mapping includes end-to-end sequencing of each step in […]

Every company has several business processes that are set according to standard workflows, and they determine the functioning of an organization. However, you will need Business Process Documentations when you want to view the business processes as a series of steps and the relevant tasks involved in them. Process Documentation will help you understand the […]

You’re running a business, and you can only grow it by increasing your business’s sales. The best way to uplift your sales is by planning your sales process or via sales process mapping. The sales process includes steps at each step of the buyer’s journey to lead them from one channel to another resulting in a final […]

We must be aware of statistics from our school days; every child loved drawing pie charts and diagrams. They are the best ways to represent complex data or processes as charts or graphs for easier understanding. When such strategies are incorporated into a business to understand and decode business processes, it is known as Business […]

Process Mapping is one of the critical aspects of any business. The best way to understand a company’s workflows is via effective process mapping. However, there is another benefit that process mapping serves indirectly, Regulatory Compliance. We are aware of the importance of regulatory compliance in every business. Biding by all the compliances is crucial […]

Imagine you’re in a college lecture where your professor verbally explains some processes. You have a textual document to refer to the same. Do you understand the process well? The answer is No. In the same context, imagine you have a pictorial representation of the process your professor verbally explains. Will you understand the process […]

“Go Digital” is a trendy slogan resonating all around the world. For most sectors, it has been a cakewalk to adopt digital transformation. However, for financial institutions, the process is slow. With the world advancing faster toward digitalization, it is high time for financial institutions to adopt digital business models. Today with technological advancements and continuous innovation, […]

Safety and security is one of the critical aspects of the finance and insurance industry. Today, with the increase in technological advancements and the world ultimately going digital, data is seriously threatened. The finance sector primarily functions on confidential and sensitive data. Hence, digital security in the Finance is essential to every financial institution. The surge of […]