Auflistung nach Schlagwort "Financial Chain"
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- ZeitschriftenartikelFinancial-Chain-Management(Wirtschaftsinformatik: Vol. 46, No. 2, 2004) Pfaff, Donovan; Skiera, Bernd; Weitzel, TimFinancial processes are often treated as a typical secondary process. As a result, substantial optimization potential remains unexploited. Based on an empirical study, in this paper a generic financial chain is developed and used to identify areas for improvement. Especially the invoicing subprocess offers great potential for integration. 28% of all invoices are incorrect, mostly (83%) due to faulty prices. Thus, an internal integration of the systems used for pricing and invoicing customers can substantially cut down the associated costs of claim management. But integrating the invoicing systems with external partners is also important. German SMEs send 86% of all invoices to customers by mail. In Fortune 1000 enterprises the figure is 67%. Here, overall average costs per invoice are a 15,50 in contrast to a 2,00 for electronic invoices.
- ZeitschriftenartikelThe Role of Experience for Outsourcing Evaluation(Wirtschaftsinformatik: Vol. 47, No. 6, 2005) Beimborn, Daniel; Franke, Jochen; Weitzel, TimThe Role of Experience for Outsourcing Evaluation — Impact of Individual Outsourcing Experience on the Perception of Economies of Scale, Skill, and ScopeDespite a maturing IS literature mostly explaining outsourcing, many important phenomena challenging managers in charge of outsourcing decisions remain ambiguous.In this paper, antecedents of the outsourcing decision are critically discussed focusing on the question: What is the impact of outsourcing experience on managers’ perception of economies of scale, scope, and skill? Based on an empirical survey with Germany’s Fortune 1,000 firms, it is shown that managers without prior outsourcing experience substantially overestimate the firm’s in-house competencies compared to external experts. The picture changes for managers with experience, establishing an important cultural barrier to outsourcing.