Business Process – Changing Operational Paradigms

The business environment is very dynamic today and IT has to manage the increasing number of business application. To meet this challenge, organizations need extreme processing capacity; resources and IT budgets to manage it. Moreover with applications continuing to increase and IT resources becoming inadequate, we need a business process technology that can help reduce cost at the same time help to quicken the time needed to market the product.  
According to Wikipedia, business process can be defined as "A business process is a collection of related, structured activities or tasks that produce a specific service or product (serve a particular goal) for a particular customer or customers."
Thus it is an activity that controls software and services and accomplish a specific organizational goal to provide total visibility into your organization. You can document, automate, optimize and control the operation of your multi-enterprise business processes for less cost and increase efficiency.
With the advent of cloud computing, IT organizations have been able to provide more services to their customers. Use of cloud services has benefitted companies immensely such as lowered cost; shorter application deployment times and moreover cloud compute resources can be used to add capacity to application processing workload "on-demand". They are highly flexible processes that allow you to quickly and efficiently adapt your business processes to a rapidly changing and increasingly complex global environment.  

Cloud processes allow you to quickly and efficiently adapt your business processes to a rapidly changing and increasingly complex global environment. In order to execute the processes within an organization efficiently, a business process network combines the application and the integration services. This is done in order to carry on methods likereverse logistics management, order management, automated shipping and many others.  

Business process networks (BPN) can help organizations is several ways. Few of them are as follows:-

• Reduce operational complexities.
• Manage business process outsourcing (BPO) services, like finance, human resource and many others.

A business process network is organized through multi-tenant architecture in order to result in uninterrupted connectivity between the supply chain and the trading partners.   

Thus business process management solution hosted on the cloud, allows end-users to perform their jobs efficiently, thereby taking the pressure off IT managers. What Gartner defines as a "…collaborative multi-enterprise process integration among members of B2B communities" enables the different roles in the process to exchange business-critical transactional information electronically in real time. 

How to Financial Freedom?

Who has never heard of financial freedom? Of course you all must have often heard the term. And most people who work must crave, desire in order to achieve financial freedom. But does that really mean financial freedom?
Financial freedom is where seseorangan achieve considerable savings and relatively safe, and the results are sufficient for her to live the lifestyle you want. Financial freedom can also be defined as the phase when we are in a calm and choice not to work again for money, because money that works for us (passive income). The definition of passive income is the money coming here without our work.
Saving can be achieved in various ways, eg with savings deposits, time deposits, but to get better results then that is above inflation, combined with compulsory saving as investing in mutual funds, stocks, property, etc..
The revenue generated from the active income is the income earned for work and get paid or receive a reward and if it does not work will not earn a living. Just a note if we work as a general employee salary increase (income) earned under the rate of inflation, so the purchasing power to decline with increasing time. To cope with these conditions then it would be wise if we have a growth orientation in working assets.
If not then we have the potential to work continuously, the following differences in orientation to work are:
1. Working => active income output => lifetime work;
2. Working => asset => passive income output => financial freedom.
In order phase achieved financial freedom, would have done saving & investing activities, namely:
a. Saving & investing = Consumption This is the ideal condition in which a savings & investment is in balance with the amount of expenses, earned income means only 50 percent is used for consumption, while the rest for savings and investment. Usually this pattern is perfect for young unmarried which the liability (liability) / debt does not exist. To reach it we must work smart, how our money can work hard for us and generate passive income.

b. Saving & investing = Consumption - DebtIn this pattern of saving and investing less due to debt obligations (debt), the condition is indeed under ideal but still reasonable. This stage usually occurs for those who are married. The times and the financial industry, encouraging the growth of debt instruments, this led to the use and attempts to get utangpun become easier. Now more and more debt-based consumption was found (credit card, KTA or credit without collateral, etc.).
Therefore, just maintain a balance between saving, Investment & consumption alone is not sufficient, but must be coupled with a get around so we could get out of debt. Debt is the primary freedom killer. Want financial freedom? The first thing you should do is get out of debt. That is priority number one.

c. Saving & investing = Consumption - + Debt ProtectionThis pattern is most wise for those who have married and had children, although saving and investing is not for the previous stage but the cause is the allocation of funds for protection (risk management) is usually in the form of insurance premiums.
In line with berkembanganya insurance industry and an increase in education funding would also affect financial freedom. Because we have to meet the element of protection for himself and family in the form of insurance and investment funds for education.
There are several stages before reaching financial freedom (financial freedom), namely:
1. Financial Protection is a financial condition where we have enough money to meet the minimum monthly expenses for 2 months to 24 months without working.
2. Financial Security is a financial condition where we have quite a lot of investments are relatively safe, and the results can meet the above minimum requirements without having to work again, unless we choose to work.
3. Financial Vitality is a financial condition where we achieved quite a lot of investments are relatively safe, and the result is not only sufficient for the level of Financial Security (above the minimum) but may also provide for secondary without having to work, unless we choose to work.
4. Financial Independence is a financial condition where we achieved quite a lot of investments are relatively safe, and the results are sufficient for us to live exactly with our present lifestyle. In other words we are free not to work.
5. Financial Freedom is a financial condition where we achieved quite a lot of investments are relatively safe, and the results are sufficient for us to live the lifestyle we want (better than current lifestyle).

Had reached the stage where you are?
Another important factor in achieving financial freedom for you is largely determined by your lifestyle today, tomorrow and the future. Some people prefer to live simply, and will always want to live like that, then this type will reach the level of financial freedom faster than in those who have the luxury lifestyle. Ultimately, financial freedom is about control of expenditure against ourselves. Financial freedom is a choice rather than chance. (Prilla Kinanti / Associate Financial Planner, Financial Planning Services TGRM)