6533b7d4fe1ef96bd1261ccc
RESEARCH PRODUCT
Business Process Management in Financial and Non-Financial Institutions: Payment Process Modelling in Financial Flows Management
Sardor Umurzakovsubject
060201 languages & linguisticsFinanceBusiness processArtifact-centric business process modelbusiness.industry06 humanities and the arts02 engineering and technologyBusiness process modelingBusiness modelBusiness transformationBusiness process management0602 languages and literatureBusiness analysis0202 electrical engineering electronic engineering information engineeringFinancial analysis020201 artificial intelligence & image processingBusinessdescription
Business process management is a progressively developing area of science, which is seen as the most modern and forward-looking innovative. Modern business operations remain highly dependent on IT solutions to steer the processes. Business process management solutions have been the clue for easing daily business operations. IT solutions have actively penetrated the working environment in all areas of business, especially the financial sector. It is beyond to imagine modern financial markets and institutions without IT software support. Not only billing, calculation and payment processes, even stock pricing, market analysis and risk monitor tools are fully computerized through business process modeling. This article studies the current role of business process management in the sample of internal payment and transaction in non-financial and financial firms.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2017-01-01 | INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE AND BUSINESS ADMINISTRATION |