MASTERING BUSINESS SYSTEMS: A COMPREHENSIVE APPROACH

Authors

  • Tarun Teja Reddy Palyam Ohio Board of Nursing, USA Author

Keywords:

Business Systems Implementation, Digital Transformation, Agile Methodology, Data Modeling, Knowledge Transfer

Abstract

This article presents a comprehensive exploration of business systems implementation, focusing on key phases including requirements gathering, data implementation and modeling, training and knowledge transfer, and deployment and project management. Through an in-depth case study of a major insurance company, the article demonstrates how effective business systems can significantly enhance operational efficiency, decision-making processes, and overall competitiveness. The article highlights innovative techniques such as VR prototyping, AI-assisted natural language processing, and graph databases for relationship modeling. It also emphasizes the importance of a multi-faceted approach to training and knowledge transfer, leveraging technologies like adaptive learning and VR simulations. The deployment phase showcases the benefits of a hybrid Agile-Waterfall approach and advanced risk management techniques. Key findings include a 35% reduction in claim processing time, $9.2 million in cost savings within the first year, and a 97% client satisfaction rate post-implementation. The article concludes that organizations investing in robust business systems, underpinned by emerging technologies and best practices in project management, are well-positioned for long-term success in an increasingly competitive digital landscape.

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Published

2024-10-29

How to Cite

Tarun Teja Reddy Palyam. (2024). MASTERING BUSINESS SYSTEMS: A COMPREHENSIVE APPROACH. INTERNATIONAL JOURNAL OF RESEARCH IN COMPUTER APPLICATIONS AND INFORMATION TECHNOLOGY (IJRCAIT), 7(2), 516-527. https://ijrcait.com/index.php/home/article/view/IJRCAIT_07_02_040