Does this sound familiar, last month my business lost money because of invoicing processing errors. Let me start at the beginning. As part of a solution set for our customers we buy high-end printers and scanners from a distributor for resale. We add a modest 5% margin to the cost of the unit and when we are able to pay our invoice early our distributor gives us a 2% discount, giving us a little extra profitability on the deal.
Archive for the ‘BPM’ Category
I want to tell you a story, and how it relates to SharePoint workflow and why it is important to think about buying a turnkey solution or building a totally customized solution yourself.
One afternoon Bill is standing on his driveway admiring the beautiful day and down the street he noticed that his neighbor Carol had this gorgeous, sleek and shimmering new sports car sitting in her driveway. Bill’s eyes lit up and he had to go ask Carol about it!
BPM or business process management is defined as a field operations management that focuses on improving corporate performance by managing and optimizing a company’s business processes. BPM has become popular lately because of the cost savings it provides companies, with the added benefit of improving the efficiency of operations.