selling "things" event
→ Order to cash process
Order to cash process
→ 1. market (market goods or services)
→ 2. negotiate (negotiate terms of a sales order)
→ 3. select and inspect
→ 4. prepare (prepare goods/services for delivery)
→ 5. deliver (deliver goods/services to custo...
→ collecting data
→ at its point of origin in digital form
example of source data automation (SDA)
→ ·Magnetic Ink Character Recognition (MICR) (such as those on checks)
→ ·Bar Code Reader/Scanner
→ ·Optical Character Recognition (OCR)
→ ·Magnetic Strip on credit cards
→ ·Credit card chips
→ ·RFID - radio frequency identification devices
→ ·Touch screens
→ ·Voice recognition & other biometrics devices
EDI- Electronic Data Interchange
→ (Electronic Data Interchange) when two business companies collaborate to work
together a lot of data exchange takes place- bills, invoices, payment documents,
shipping details (no humans involved)
How is data stored?
→ DBMS- database management system
DBMS
→ Database management system, a software suite designed to organize and search
data.
→ These keys uniquely identify each record in the table and are chosen at the time of
table creation
foreign keys
→ A column or group of columns used to represent relationships. Values of the foreign
key match values of the primary key in a different (foreign) table.
Understanding Business Process Needs
→ 1. What is the business process?
→ 2. What persons, places, things and events you want to keep data about. We call
these entities.
→ 3. If, and how, these entities are related.
→ 4.The characteristics that describe the entities. We call these characteristics attributes.
Which of the following is not a typical event in the Procure to Pay business process?
All of these are typical events in the Procure to Pay process.
Identify a need
Receive and Inspect Goods/Services from a Vendor
Deliver Goods/Services to Customer
Store and Maintain Goods
→ Deliver Goods/Services to Customer
1|Page| GradeA+ | 2 0 0 2 5
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller TestTrackers. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.09. You're not tied to anything after your purchase.
