ERP fundamentals: understanding business processes
The pragmatist's journey to S/4HANA
In this episode of The Pragmatist's Journey to S/4HANA, we delve into the fundamentals of ERP by exploring the vital role of business processes. Much like a recipe, these processes are meticulously crafted steps that transform inputs into valuable outputs, forming the backbone of any organization. I discuss how well-defined processes can enhance productivity, efficiency, and profitability, while poorly executed ones can lead to frustration and inefficiency. We also examine the importance of process frameworks and mapping, and how they can reveal inefficiencies and drive optimization. Additionally, we explore the concept of segregation of duties to prevent errors and fraud. Join me as we uncover how understanding and optimizing these business "recipes" can be the key to organizational success.
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