Preview

Business Process

Good Essays
Open Document
Open Document
702 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Process
An example of a business process: Credit card approval in a bank.
An applicant submits an application. The application is reviewed first to make sure that the form has been completed properly. If not, it is returned for completion. The complete form goes through a verification of information. This is done by ordering a report from a credit company and calling references. Once the information is verified, an evaluation is done. Then, a decision (yes or no) is made. If the decision is negative, an appropriate rejection letter is composed. If the decision is positive, an account is opened, and a card is issued and mailed to the customer. The process, which may take a few weeks due to workload and waiting time for the verifications, is usually done by several individuals

An example of BPR application.
A typical problem with processes in vertical organizational structure is that customers must speak with various staff members for different inquiries. For example, if a bank customer enters into the bank determine d to apply for a loan, apply for an ATM card and open a savings account, most probably must visit three different desks in order to be serviced, as illustrated in figure 2. When BPR is applied to an organization the customer communicates with only one person, called "case manager", for all three inquiries, shown in figure 3. manager completes an application for a loan in electronic form, which in turn is submitted through the network to the next team member, the credit control director, who examines the credit status of the customer. If the credit status is not satisfactory the rejection of the loan is approved by the credit manager and a rejection form is filled and it is returned to the case manager. The case manager explains to the customer the reason that his application was rejected.
On the other hand, if the credit status of the customer is satisfactory, the application is submitted electronically to the next team

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Summary Of Gary's Letter

    • 282 Words
    • 2 Pages

    Gary received a letter from us and wants to make sure that his credit score is not effected.…

    • 282 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Waliya Nabila

    • 459 Words
    • 2 Pages

    The initial screening reviews application materials to determine if minimum qualifications for the position have been met.…

    • 459 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    NT 1210, Unit 3 Homework

    • 1335 Words
    • 5 Pages

    c. It has been passed through some form of review and approval or certification process.…

    • 1335 Words
    • 5 Pages
    Satisfactory Essays
  • Good Essays

    - NRCC/Digging Deep: The client advised Mark that the MB never called him back and there was no NRCC filed. All TM that work for QL are held to a 24 hour return call policy if the client is stating that MB never called back we would want to do a little more digging even if the client does not provide too much information…

    • 648 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Process- Subtract the amount of credit used from the maximum credit and the result is the available credit.…

    • 636 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Chief Seattle

    • 259 Words
    • 2 Pages

    |Regular Decision program. If you have questions about your supporting materials or the application |…

    • 259 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Bis 220 Week 1

    • 467 Words
    • 2 Pages

    | Allows us to process customers through the use of credit or debit cards, cash, or even with a check…

    • 467 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    manufacturing and sales facilities. The company applied for a loan from First Bank, presenting the prior-…

    • 799 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Audit 13 & 14

    • 752 Words
    • 4 Pages

    3. Account for a sequence of checks in the cash disbursements journal to determine whether any have been omitted.…

    • 752 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Assessment Task 3 2

    • 1407 Words
    • 6 Pages

    5. Arrange for the successful applicant’s induction by completing the induction plan template (provided in Appendix 3)…

    • 1407 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Business processes comprise a set of sequential sub-processes or tasks, with alternative paths depending on certain conditions as applicable, performed to achieve a given objective or produce given outputs. Each process has one or more needed inputs. The inputs and outputs may be received from, or sent to other business processes, other organizational units, or internal or external stakeholders. Business processes are designed to be operated by one or more business functional units, and emphasize the importance of the “process chain” rather than the individual units.…

    • 1063 Words
    • 5 Pages
    Powerful Essays
  • Best Essays

    Marketing Research Paper

    • 1346 Words
    • 6 Pages

    It started a fulfillment card program for its customers in order to understand their purchase cycle better. Through these programs the company awarded its customer. The company also took steps to reduce its cost by making its internal process more efficient. Though the above process were good enough as a part of the company’s marketing plan but…

    • 1346 Words
    • 6 Pages
    Best Essays
  • Satisfactory Essays

    While working on some of the sales transactions 51 deviations were discovered. The majority 31 out of 51 were missing credit approval notations. Also 10 of these are still unpaid. This could indicate weak controls in the credit department which could leave the company with a lot of unpaid debt. Special attention should be put on the credit approval process and extra steps should be taken to account for the possible greater allowance for bad debt.…

    • 258 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Cakelove and Love Cafe

    • 550 Words
    • 3 Pages

    Second, the company may have problems in serving loans. The company may experience problems with their account…

    • 550 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Self-Directed Work Teams

    • 2275 Words
    • 10 Pages

    Self-managed work teams can be defined as a small number of employees with paired skills, talents and knowledge and are all attached to a particular goal and approach, and for which they are themselves personally accountable. Self-governing work teams usually engage workers within a particular field, or employees who are working on a common product or process. Self-managed work team normally can be of any range between 12 to 15workers (Kathy and Deborah 2007, 27). The team takes all the decisions which previously would have been taken by the management and they are responsible for the decisions taken. The teams might work in collaboration with the organisation’s suppliers or clients or both at the same time. The purpose of this essay is to critically examine to what extent self-directed work teams are really effective to businesses and to employees, that is, how advantageous it is to both parties and to also examine its disadvantages and drawbacks that it brings along with it once it is implemented.…

    • 2275 Words
    • 10 Pages
    Best Essays