
ROC penalizes Company & Directors for failing to issue securities in dematerialized form
In the matter of M/s BCL Homes Limited M/s BCL Homes Limited (“The Company”) is an unlisted public company. As per Section 29(1)(b) of Companies
Business process reengineering is a measure to rejuvenate the vital business processes of an organization to aim at improving the output and quality of the product and reduce cost simultaneously. The major aim of the business process reengineering is to analyze and design business processes for an organisation so that customer service is improved, operational cost is reduced, and the organization is prepared to face competition in the world.
At VJM & Associates LLP we analyze and evaluate the workflows of the company, and in the process, we find inefficient work strategy and recommend to change, replace, or eliminate the process.
Business Process Reengineering commonly known as BPR is a turn around management tool for any business. This was evolved first in the 1990s. The major aim of the business process reengineering is to analyze and design business processes for an organisation so that customer service is improved, operational cost is reduced, and the organization is prepared to face competition in the world.
The other terms normally used for business process reengineering are business process change management, business transformation, or business process redesign. As this name suggests this process is a total revamp of the processes followed in the business to achieve a better outcome and enhance the business attributes. Thus one can say that business process reengineering is redesigning and rethinking how a business should work so that the organizational goals are achieved with the lowest possible cost.
Through this process, the organization adopts a new system that emphasises customer requirements and needs with a reduction in cost. This can be achieved by redesigning organizational functions and using technology for decision making and data dissemination.
Business process reengineering is a practice to redefine, redesign, rethink, and reorganise the work process of an organization aiming at the improvement in organization, customer satisfaction, and reduction in cost. In simple terms optimization of processes for the benefit of an organization
Following is the process of Business process reengineering
The automobile manufacturing Company FORD implemented the BPR in their accounts payable division when compared to the same department in their partner company MAZDA.
This was analyzed and followed and was a huge success.
The objective of business process reengineering is optimizing the inefficient processes in an organization with an aim of improvement in the organization along with customer satisfaction at a reduced cost. Also, these processes should be such that they can be repeated and should add value to the organization
We can consider any tool for BPR if it has following 5 features:
BPR analyses the company’s workflow finds such processes which are inefficient in terms of cost or are irrelevant to the goals of the organization and then identify the ways and means to eliminate, change or replace such process
The list of advantages of a well planned and successful BPR is endless such as faster processing time, higher employee retention, reduced cost, improved customer service, increased revenue, etc.
Client is the key driver of our service offerings. Our approach to service offerings is based on a client centric and customized approach. Our specialized teams are a mix of technical and industry experience in order to serve clientele for their specific needs.
We always endeavour for a quick turnaround time to serve our clientele. We are supported by an experienced and client focussed support teams to offer timely services to our clientele. In case of any business exigencies and time sensitive service requirements, you can always count on us.
We have built high performing teams supported by strong work ethic. Our team is a mix of experts, professionals and support staff from technical and varied academic, cultural, social and ethnic backgrounds. We believe that this diversification plays a vital role in motivating the team into High Performing Teams.
We believe that open communication is the core principle in order to demonstrate trust, build long lasting and valuable relationships with clientele. We are committed to ensuring transparency in communication, service offerings and delivery.
Our service offerings are driven by quality and reviews at every level. We strive to provide a qualitative and value-added delivery to our clientele. At all times, we endeavour to provide exceptional client service by meeting client expectations and driving client satisfaction.
In the matter of M/s BCL Homes Limited M/s BCL Homes Limited (“The Company”) is an unlisted public company. As per Section 29(1)(b) of Companies
The Limited Liability Partnership (LLP) structure offers the freedom of a partnership with limited responsibility. Professionals, business owners, and small organizations especially find it appealing.
In the matter of Mrs. Anubama (F. No. ROC/CHN/ANUBAMA/ADJ/S. 155/2024) The Applicant applied for one DIN on 09.01.2008 and inadvertently applied for a second DIN
Held by Office of Registrar of Company, Uttar Pradesh In the matter of M/s CRRC INDIA PRIVATE LIMITED (No. 07/01/Adj-12/CRRC) The Registrar of the Company
The Government is taking all the steps to strengthen the Medium, Small, and Micro Enterprises (MSME) by providing easy registration, earlier settlement of their invoice,
Held by RoC, Tamilnadu In the matter of M/s. Mazhil Nidhi Limited The MCA rejected the form NDH-4 (Form for filing application for declaration as
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