Business Process Reengineering Vs Business Intelligence And Reporting - Magzinenow

Business Process Reengineering Vs Business Intelligence And Reporting

Business intelligence reporting

Business intelligence reporting, often known as BI reporting, is the use of a data analytics software solution by an individual or organisation to collect, prepare, and display data in a way that is easy to consume, accurate for analysis, and reliable to inform future business choices. On the other hand, Business process reengineering is the drastic redesign of the business core processes to achieve intense advancements in efficiency, quality, and cycle times. 

For instance, the companies begin with a blank sheet of paper and brainstorm the existing processes for improvements to provide more value to their customers. Typically, a new value system is adopted to emphasise the customer’s needs. Furthermore, the companies lessen organisational layers and eradicate unproductive actions in two essential areas. Firstly, they reform the practical organisations for cross-functioning teams. Secondly, they use the latest tech expertise for making better decisions and data dissemination.

Phases Of BI Reporting And Business Process Reengineering

Business Intelligence consists of the following four stages: Data Collection, Data Storage, Data Analysis and Providing Data Access.

There are seven crucial steps of BPR that are as follows:

  • Vision
  • Hypothesis
  • Mining
  • Design
  • Simulation
  • Going live
  • Monitoring

While there are four stages of business intelligence and reporting such as

  • Data collection
  • Data storage
  • Data analysis
  • Providing data access
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How BPR Works?

BPR Methodology is an initiative that consists of five major steps that include:

·   The business reengineering process focuses on the company’s values and customer needs.

·   It focuses on the core processes of the company.

·   It involves information technology that encourages improvements.

·   Rethink about the people issues and basic organisational issues.

·   Business processes are improved across the organisation.

·   Reorganization of the cross-functional teams with end-to-end responsibility processes.

 Why Do Companies Use BPR?

·       Diminish Costs And Cycle Times:

BI and Reporting will eradicate the cycle times and diminish the costs while enhancing the employees’ productivity. The reorganisation of teams will make better management layers and accelerate the information flow. Best of all, it eliminates the chances of errors and reworks triggered by several handoffs.

·       Increase Quality:

BI and reporting the quality by increasing the fragmentation of work and building better relationships between the ownership processes. The workers get a better sense of responsibility by considering their performance, measured by feedback.

Business Intelligence And Reporting Benefits

Business process engineering is essential for organisations’ performance enhancement regarding delivery, cost, employee productivity, etc. Not only that, it assists in the following aspects:

·       Reorganize the business processes and systems

·       Companies can easily change times and decrease the expenses of business operations

·       Increase the company’s profit and sustain modest competitive advantages

·       Enhances the productivity of the employees

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·       Improve customer satisfaction by enhancing the quality of services and products

Ideologies of BPR

Below are the seven ideologies of business process reengineering anticipated for James Champy:

·       It is essential to organise the outcomes rather than focus on tasks.

·       Check out the processes of the organisation and prioritise them as per the urgency of redesigning the tasks

·       Assimilate the information processing work for producing the information that is required.

·       Link the activities workflow rather than just focusing on the results.

·       Capture the source and information at once.

·       Place the decision point where the task is done, and include control into the process.

·       Consider geographically distributed resources to be integrated.

Stages of Business Intelligence And Reporting Implementation

BI is a process of several stages that includes detailed consideration of several tasks and the creation of many solutions for each one of them. Let’s have a look at them one by one:

  1. Creation of Strategy
  2. Defining KPIs
  3. Calculating the budget
  4. Selection of tools and software
  5. Selecting a certain BI platform
  6. Building a roadmap
  7. Data preparation
  8. Creating a pilot project

To take the services and know more about the principles of business intelligence and reporting, contact Beaconhouse technology. We will be pleased to offer our services at a competitive price range. Thanks for visiting!