White Paper: WNS
Today, enterprises need to look beyond cost savings, while service providers need new sources of competitive differentiation and margin levers. In Business Process Management (BPM), Finance and Accounting Outsourcing (FAO) has historically followed FTE-based pricing. However, in recent times, some areas have seen a very gradual shift towards new, value-based models such as transaction-based and — in a more limited way — outcome-based pricing.
An enterprise-wide process modeling is the most agile way to conduct a successful digital transformation as it requires a top-down examination of the performance, quality and sustainability. Digital transformation is an essential step in the evolution of many businesses today. Process modeling has grown from creating a diagram or report figure that explains a business problem to a transformational practice that can organize the way a business is monitored, controlled, and measured. This whitepaper discusses why businesses should consider an enterprise-wide process modeling approach for competing through digital transformation. Key takeaways of this white paper: Take Process Models out of isolation within your business Nurturing digital business transformation by focusing on your process From business process mapping to enterprise business process modeling Ways to instigate enterprise-wide process modeling
Organizations need a business intelligence solution that combines both back-end and front-end functionality addresses all the requirements and goes beyond front-end only data visualization products, to allow your enterprise to make the most of the current and future business intelligence possibilities. Many organizations lack the tools to transform gold mine of data into business results since they only look at “business intelligence” label on a solution at face value that focus only on data visualization. This white paper about “Full-Stack vs. Front-End-Only BI Software” explores the differences in the two approaches of singlestack BI vs. data visualization while highlighting the challenges in performing important BI tasks. Some of them are as below: Preparing data Joining data sources Analyzing data Scaling Collaboration
What is Business Intelligence ?
Business intelligence is a technology-driven process in which variety of software applications are used to analyze organization’s raw data and presenting the information in actionable format so executives and business leads can make better decisions looking at them. Although business intelligence has some common functions, it includes three basic functions: data mining, data analyzing and data processing.
What is business process management ?
Business process management is a systematic approach to business processes of a company which cover how we think, change, and monitor business processes so they run easily and can be enhanced after some time. BPM (Business Process Management) is a field of management that acts as a systematic approach for making organizations Workflow more effective, more efficient and hence improving the corporate performance by managing business process in the organizations.
What is Business Intelligence System ?
The technology, methods, and applications used for the integration and presentation of business information, is known as Business Intelligence System. The business decisions making made by an enterprise is supported by the Business Intelligence System. Through business intelligence, one is enabled to have a more tactical and meaningful business decision. In other words, it is also the process of transforming raw data into meaningful information to make an informed business decision that helps in