ERP fundamentals: understanding business processes
The pragmatist's journey to S/4HANA
Join me on The Pragmatist's Journey to S/4HANA as we delve into ERP Fundamentals: Understanding Business Processes. In this episode, I simplify the complexities of business processes, likening them to a recipe that transforms inputs into valuable outputs. We'll explore how these processes are the DNA of a company's operations, driving productivity and profit. Discover the universal core processes like procure-to-pay, order-to-cash, and record-to-report, and learn how industry-specific nuances make each company's processes unique. I'll also discuss the importance of process mapping, checks and balances, and how a robust framework can optimize performance and eliminate waste. Tune in to understand why having a definitive list of business processes is crucial for success.
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