Monday, August 9, 2010

Business Process - Order to Cash

Business Process is very need of a business today and we know there are always certain critical business processes for any business.

When we talk about Business Process it is basically a series of activities and combination of several small activities or tasks.
E.g 

ORDER TO CASH
In a typical order to cash scenario we have 

  1. Inquiry by customer followed by
  2. Quotation creation  followed by
  3. Sales Order Creation  followed by
  4. Billing/Invoice generation  followed by
  5. Payment
e.g we go to buy a car 

first we do an enquiry about a car model say Maruti 800.
That dealer will provide us the Quotation 

If we  like it we go ahead and ask him to proceed further,now dealer will create a sales order and prepare for billing and delivery and we pay to the dealer.

There are many other activities for the sake of simplicity and understanding not explained here.

Thus above flow tries to explore certain basic concept of what a Business Process is all about.

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