Plan to Implement a BPA
Step 1: Define why we plan to implement a BPA?
The primary purpose for which an enterprise implements automation may vary from enterprise to
enterprise.
A list of generic reasons for going for BPA may include any or combination of the following:
✓ Errors in manual processes leading to higher costs.
✓ Payment processes not streamlined.
✓ Paying for goods and services not received.
✓ Poor debtor management leading to high invoice aging and poor cash flow.
✓ Unable to recruit and train employee
✓ Lengthy or incomplete new account on-boarding
✓ Not being able to find documents easily during audit or law suit etc.
Step 2: Understand the rules / regulation under which enterprise needs to comply with?
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In this step organization needs to understand the rules of engagement, which include following
the rules, adhering to regulations and following document retention requirements.
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This governance is established by a combination of internal corporate policies, external industry
regulations and local, state, and central laws.