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23 Functional - General Ledger Maintenance Financial...

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Understand the basic processes of each of five  functional areas. Understand the problems caused by the  isolation of functional systems. Know the importance of Business Process  Redesign.
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Planning Recruiting Training Compensation Evaluation
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Production Planning Production Scheduling Manufacturing Operations Raw Materials and Goods in Progress  Inventory Management
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Sales Forecasting Prospect Generation Lead Tracking Product Management Customer Management
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Order Entry Order Management Customer Service Finished Goods Inventory Management
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Unformatted text preview: General Ledger Maintenance Financial Reporting Accounts Receivable Accounts Payable Budgeting Cash Management Treasury Management Cost Accounting Data duplication, data inconsistency Disjointed applications Limited information and lack of integrated information Isolated decisions Increased expense Organize around integrated activities that span functional units. Underlying business processes are changed. Software is developed to support improved business processes....
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