Record to Report
Gathering financial, strategic and operational information and delivering it to internal and external stakeholders to monitor the performance of the business.Order to Cash
The process from accepting a customer order to getting paid for that order. Includes order management, credit management, order fulfillment, shipping, invoicing, accounts receivable, collection and related financial accounting.Procure to Pay
The process of buying things including requirements, requesting quotations, purchase orders and payment.Hire to Retire
The complete set of human resource functions that apply over the course of an employee's career with an organization. Includes activities such as hiring, onboarding, performance management, compensation & benefits, training & development and retirement.Plan to Produce
The process of sales forecasting and production planning.Plan to Inventory
The process of sales forecasting and inventory management. Potentially includes production planning if you manufacture your inventory.Acquire to Retire
Administering assets including requisition, acquisition, deployment and retirement.Issue to Resolution
The process of managing issues including detection, tracking, problem solving, resolution, root cause analysis, improvement and communications. Potentially applies to process, service and product issues depending on your business.Idea to Offering
The process of developing products from idea to launching an offer.Market to Order
The process of marketing from concept to closing sales. Includes product development, promotion, pricing, distribution and sales.| Overview: Core Processes | ||
Type | ||
Definition | End-to-end business processes that have significant commercial impact. | |
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