A Study of Financial Operations with reference to Selected Automobile Sector in Pune City
DOI:
https://doi.org/10.46243/jst.2021.v6.i04.pp479-487Keywords:
SAP, ERP, Integration Business Process Management, Financial Operational Process, Order to Cash, Record to ReportAbstract
In today’s business process standardization is essential for the smooth flow of corporate processes. The ability to obtain information with a single click demonstrates the organization's transparency, standardization, accuracy, and punctuality.In today's digital age, thinking about business development isn't enough; the integration component is crucial.We need to focus on time management in today's extremely competitive business climate by employing various tools, strategies, and software such as ERP SAP, Oracle, Tally, KSRM, and so on.Working capital is one of the most significant aspects of a company's financial operations. Organizations must look at more effective ways to handle working capital, which includes accounts receivable, payables, and inventories. and standardize the procedures for the same.The procedures of procurement to payment, order to cash, and record to report serve to improve productivity, integrity, and reporting.