1 Download2 Pages 279 Words
Add in library
Click this icon and make it bookmark in your library to refer it later.
GOT IT
The detailed analysis of the assignment reveals that the existing business process of GAAM minimises waste and the entire organisation has clear guidelines about the process. However, it has been identified that the existing business process of GAAM is carried out manually, which requires a lot of time and effort. It has been found out that due to such old-fashioned techniques, the employees of the organisation finds it difficult to find out old data Due to the absence of an effective information system, the accounts receivable officer is facing trouble in identifying the debtors that have failed to pay their dues within the stipulated time.
In order to eliminate these deficiencies, a new business model has been identified, which needs the staffs to be involved for coming up with new and innovative ideas. An expert team needs to be developed to reengineer the business process. It has been evaluated that various indicators of performance need to be developed along with drawing the new process flow through software to depict clear roles and responsibilities of the staffs. Thus, based on the evaluation, certain technologies would be helpful that include e-commerce, mobile technologies, online money transfer and coding system.
The newly reengineered system would help GAAM in checking the availability of the placed orders. If the product is available, it would be forwarded to the warehouse assistant and in case of reverse scenario, it needs to be sent to procurement. After that, the ordered products would be shipped following a sequence of steps and the accounts receivable officer would finally keep the records.
The detailed analysis of the assignment reveals that the existing business process of GAAM minimises waste and the entire organisation has clear guidelines about the process. However, it has been identified that the existing business process of GAAM is carried out manually, which requires a lot of time and effort. It has been found out that due to such old-fashioned techniques, the employees of the organisation finds it difficult to find out old data Due to the absence of an effective information system, the accounts receivable officer is facing trouble in identifying the debtors that have failed to pay their dues within the stipulated time.
In order to eliminate these deficiencies, a new business model has been identified, which needs the staffs to be involved for coming up with new and innovative ideas. An expert team needs to be developed to reengineer the business process. It has been evaluated that various indicators of performance need to be developed along with drawing the new process flow through software to depict clear roles and responsibilities of the staffs. Thus, based on the evaluation, certain technologies would be helpful that include e-commerce, mobile technologies, online money transfer and coding system.
The newly reengineered system would help GAAM in checking the availability of the placed orders. If the product is available, it would be forwarded to the warehouse assistant and in case of reverse scenario, it needs to be sent to procurement. After that, the ordered products would be shipped following a sequence of steps and the accounts receivable officer would finally keep the records.
To export a reference to this article please select a referencing stye below:
My Assignment Help. (2018). Business Process In The Organization. Retrieved from https://myassignmenthelp.com/free-samples/business-process-in-the-organization.
"Business Process In The Organization." My Assignment Help, 2018, https://myassignmenthelp.com/free-samples/business-process-in-the-organization.
My Assignment Help (2018) Business Process In The Organization [Online]. Available from: https://myassignmenthelp.com/free-samples/business-process-in-the-organization
[Accessed 18 January 2020].
My Assignment Help. 'Business Process In The Organization' (My Assignment Help, 2018) <https://myassignmenthelp.com/free-samples/business-process-in-the-organization> accessed 18 January 2020.
My Assignment Help. Business Process In The Organization [Internet]. My Assignment Help. 2018 [cited 18 January 2020]. Available from: https://myassignmenthelp.com/free-samples/business-process-in-the-organization.
MyAssignmenthelp.com is the only dissertation service provider in Australia that provides cheap dissertation help while maintaining all quality standards. Hence, students, from various Australian cities prefer taking dissertation help from us. Sydney, Brisbane, Perth and Melbourne rank to when it comes to availing dissertation writing assistance from MyAssignmenthelp.com. Our dissertation writers, editors and experts work together to provide students highest quality dissertation help solutions. buy dissertation online from to acquire the final degree without any hassle.
Answer: Answer to Question 1 In the given news article of CNBC, the indicators refers to the mechanism or tool that helps in the reduction of trends of finance or trends. For instance it can be said that economic or social statistics that is published by accredited sources like the departments of the government of U.S. the most commonly used indicators are rate of unemployment, inflationary indexes and confidence of customer. The dif...
Read More
Answer: In Response to Question 1 The consolidated financial statements were prepared to account for the Small Ltd interest ad buyout in the Fry Ltd joint venture agreement (Cassar, Ittner and Cavalluzzo 2015). The inter corporate investment was classified as Investment in Associates and the same will be accounted by the company through fair value through profit and loss where the small ltd would report any kind of share of income, share...
Read More
Answer: Introduction The management of an organisation is entrusted with the one of the most important parts of decision making which is product costing. Determining the cost of a product is one of the most complicated tasks. It is important that decision be taken taking into considerations all the factors. Taking a wrong step might end up affecting the financial viability of the whole organisation. (Atkinson, 2012) The company, Beztec ...
Read More
Answer: Background: After critical evaluation of the remuneration structure of Reliance Worldwide, it has been compared with one of its competitors in the Australian market. Therefore, the organisation selected as its competitor is Alcidion Group Limited, which is involved in selling clinical dashboards and other health services related software in Australia and New Zealand (Alcidion.com, 2018). The remuneration report of Alcidion Group...
Read More
Answer: PART A The solution is submitted in excel file. PART B The body of correlated goals and principles are called as Conceptual framework. It means goals identifies the objectives and the resolution of financial reporting whereas principles are primary concepts that supports in achieving goals and purposes (Deloitte, 2018). These concepts help in selecting the transactions, events or circumstances which requires accounting and also prov...
Read More
Just share your requirements and get customized solutions on time.
Orders
Overall Rating
Experts
Our writers make sure that all orders are submitted, prior to the deadline.
Using reliable plagiarism detection software, Turnitin.com.We only provide customized 100 percent original papers.
Feel free to contact our assignment writing services any time via phone, email or live chat.
Our writers can provide you professional writing assistance on any subject at any level.
Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.
1692 Order Completed
98% Response Time
2594 Order Completed
95% Response Time
265 Order Completed
97% Response Time
1896 Order Completed
95% Response Time
Get all your documents checked for plagiarism or duplicacy with us.
Get different kinds of essays typed in minutes with clicks.
Calculate your semester grades and cumulative GPa with our GPA Calculator.
Balance any chemical equation in minutes just by entering the formula.
Calculate the number of words and number of pages of all your academic documents.
Our Mission Client Satisfaction
Amazing work done, work was very detailed. I got an A in that class. I highly recommend myassignmenthelp.com for such projects Thank you
Australia
Question answered exactly to the standard it needed to be. Everything written in the assessment is what was expected. Can not wait to receive marks back
Australia
Thank you for putting together this project. I helped me to understand more in detail how elders would find healing.
Australia
Answers were provided last minute. I could not able to transfer the answers. But good work though from expert.
Australia
