An example of a business process is the accounts payable department. Paying bills happens pretty much the same way in every organization all over the world. The difference from one company to another is how efficiently this process happens. The more efficient the process, the fewer late charges, the more accurate the billing and the higher the early-pay discounts.

This can lead to better vendor relations, increased organization and maybe even more discounts in the future. Larger organizations usually have the help of expensive business process management applications that integrate with the rest of their systems to automatically improve efficiency, but you don’t need large, expensive software packages to make your business more efficient, you just need TGI.

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