Business process outsourcing involves the outsourcing of business functions to external companies. To clarify, many companies outsource tasks to external providers. An example may be hiring a ...

A business process is an activity or set of activities that will accomplish a specific organizational goal. It coordinates the behavior of people, systems, information, and things to produce outcomes ...

There are best practices, standard operating procedures and several types of processes in the business world. Processes help maintain order and provide guidelines for a smooth workflow. They are what ...

In our previous blog we posed a broad question, where do operators fit with current manufacturing technology trends? More specifically, we asked: What if we could map out each manufacturing process, ...

Robotic processing automation firm UiPath Inc. announced a couple of key acquisitions at its Forward III conference in Las Vegas today alongside a swath of improvements to its RPA platform. Backed by ...

Companies continue to add apps to their technology stacks as the pandemic drives digital transformations. It’s estimated that by the end of 2021, 99% of organizations will be using one or more ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. The fast pace of change in the startup world often leads founders to prioritize speed over ...

The accounting cycle involves a number of steps that are repeated in each reporting period as they correspond to the business processes. They verify the transactions and are implemented to prepare ...

Conformity in the workplace refers to following workplace rules as well as adhering to traditional or socially expected methods of doing business and using familiar processes. Examples of conformity ...

There is still this belief in the business world that “process automation” is something only big companies should worry about. I’ve been a consultant for a long time, and one of the biggest things I ...