article thumbnail

6 Business Process Examples and Automation Ideas

CMW Lab Blog

Banking Customer onboarding process, credit check process, the risk assessment process, claims management Travel Agent billing, trip booking, leave management process, business travel management process. What are Some of the Terms Related to the Business Process?

article thumbnail

How to boost profits and stand out in the market using value chain analysis

Monday

Technological advancement s: systems that maintain technical excellence and process information. Procurement: the activities surrounding purchasing of goods and services required to operate. With Porter’s Value Chain model, you can ask and answer the question: “ Where can we increase value or reduce costs?”. Image Source ).