Business Process Reengineering
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Contemporary Issues in Accounting Information Systems
Student name: YUN Shang
Student ID: 12085655g
Total words: 3050
Introduction
Business Process Reengineering (BPR) involves changes in process and structure within the companies, the entire human resources, technological, organization structure may be transformed in BPR. Information Technology plays a crucial role in BPR as it offers office automation and help the business to be managed in remote distance, provides flexibility in service, permits shorter time to deliver and accelerate the paperless transactions. In general, BPR increases the companies working efficiency and reduces the cost in a totally different manner. BPR targets the systematic reanalysis and redesigns the business structures, workflows and processes operated within business environment to facilitate the improvement of production efficiency, customer satisfaction, it can optimize potential business opportunities, enhance the overall competitiveness in global competition. The globalization of economy have formulated a new condition in business market, the demands are not only limited in quantity of products but also price, quality and selection. In order to clear the barriers, many companies have started to mend their business processes and operations in the purpose of facing the global challenges. Business Process Reengineering was initiated by Michael Hammer and James Champy in 1993, they provide the definitions are “Reengineering is the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical contemporary measures of performance such as cost, quality, service and speed” and the “Process is a structured, measured set of activities designed to produce a specified output for a particular customer or market.” (Davenport 1993), the example is delivered by Ford, who was successfully deducted the accounts payable staff by
Contemporary Issues in Accounting Information Systems
Student name: YUN Shang
Student ID: 12085655g
Total words: 3050
Introduction
Business Process Reengineering (BPR) involves changes in process and structure within the companies, the entire human resources, technological, organization structure may be transformed in BPR. Information Technology plays a crucial role in BPR as it offers office automation and help the business to be managed in remote distance, provides flexibility in service, permits shorter time to deliver and accelerate the paperless transactions. In general, BPR increases the companies working efficiency and reduces the cost in a totally different manner. BPR targets the systematic reanalysis and redesigns the business structures, workflows and processes operated within business environment to facilitate the improvement of production efficiency, customer satisfaction, it can optimize potential business opportunities, enhance the overall competitiveness in global competition. The globalization of economy have formulated a new condition in business market, the demands are not only limited in quantity of products but also price, quality and selection. In order to clear the barriers, many companies have started to mend their business processes and operations in the purpose of facing the global challenges. Business Process Reengineering was initiated by Michael Hammer and James Champy in 1993, they provide the definitions are “Reengineering is the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical contemporary measures of performance such as cost, quality, service and speed” and the “Process is a structured, measured set of activities designed to produce a specified output for a particular customer or market.” (Davenport 1993), the example is delivered by Ford, who was successfully deducted the accounts payable staff by