2. Organizations regardless of
sector are constantly seeking
solutions to a myriad of
enterprise process, productivity
and technology constraints,
while balancing cooperate
objectives, cost and quality in
addressing this catch-22.
3. FinTrak Software Co. Ltd is a global ICT organization providing
technology and business solutions to mainly financial institutions
across Africa. The company is managed by 5 Executive Directors
and 3 Non- Executive Directors with diverse background and
competencies across banking, finance, audit, and consulting and
software development. The company has a workforce of over 70
staff including over 50 software engineers.
We have successfully implemented over 100 technology solutions
for various enterprises engaged in Commercial Banking,
Mortgage Banking, Insurance and Manufacturing across: Nigeria,
Benin, Togo, Cote D'Ivorie, Gambia, Sierra Leone, Ghana, Senegal,
Rwanda, Congo, Zambia and more in progress from our business
offices in Nigeria, Ghana, Gambia and Kenya.
Our core mission is to support businesses with technologies and
intellectual strength required to enable them surpass their
stakeholders' expectations, through strategic alliances
4. • Business Process Review and Improvement
• Enterprise Master Data Management and Information Governance
• International Financial Reporting Standard (IFRS) Consulting
• Core Banking System – Credit Processing, Treasury Management,
Accounts Management, Correspondence Banking, Mobile
Banking/ATM
• Information Management
• Data Warehousing and Business Intelligence
• IFRS Conversion System
• Risk Management Solutions (Basel II)
• CBN FSOP/FINA2 Reporting Solution
• Enterprise Performance Management
• Budget Planning, Processing and Control
• Enterprise Resource Management System (ERMS)
• Human Resource Management System (HRMS)
Services
5. Data Warehouse Solution (Microsoft Platform)
FinTrak Business Intelligence Solution
FinTrak Enterprise Performance Management System
FinTrak IFRS Calculation Engine
FinTrak IFRS Reports and Disclosures
FinTrak Enterprise Budget Processing and Control System
FinTrak Enterprise Resource Management System (ERMS)
(Fixed Asset Mgt, Fleet Mgt, Inventory Mgt, OPEX Mgt,
Travel Mgt, General payments etc.)
FinTrak Human Resource Management System (HRMS)
FinTrak Regulatory Reporting System
FinTrak Banking System
OTHER SOLUTIONS
12. BACKGROUND
Oil and gas companies are accustomed to running
their businesses in an environment of constant
uncertainty and complex challenges.
However, the global economic, political and
technical transformation now under way means
that the energy industry must respond more
rapidly, more efficiently and more sustainably than
ever before. High-performing oil companies are
starting to transform their businesses to meet these
changes - Accenture
13. Many oil industry operations are faced with the complexities revolving are
round their processes which have either been working for decades or new
and unproven. Beyond the disruptive and time consuming nature of
Business Process Reengineering (BPR) projects, the need for it is ever urgent
in the oil and gas sector.
The uncertainty in the sector demands that oil and gas organizations are
able to exert greater control in key areas of their operations. Whether it is
managing capital projects in the upstream, establishing operational
efficiency in the downstream while ensuring standard in Health, Safety and
Environment, A well modelled BPM with structure to track and measure
against business benefits will invariably propel organizations to achieve
major growth in the sector.
16. WHAT IS BPR?
Simply put, Business Process Reengineering is an organizational
MAKEOVER
17. BPR SERVICES FINTRAK SOFTWARE WILL BE OFFERING
While many firms can provide services around elements
of BPR, FinTrak Software’s combination of experience,
skills, approaches, and technological depth gives us an
supreme ability to generate value quickly, deliver
measurable results and create durable BPR solutions.
Our BPR solutions offerings will range from process
strategy and governance, through to technology aspects
such as data management and process automation
18. FINTRAK SOFTWARE BPR VALUE OBJECTIVE
FAST WINS:
Our process and functional knowledge will enable us identify areas the we can
achieve seamless migration to enhanced processes and automation to ensure
accelerated results
DYNAMISM:
With volatile nature of the energy sector and increased government regulation,
FinTrak will be delivering solutions (Both process and technology) that will be
adaptable to change
UNWAVERING SUPPORT
While we seek to deliver a comprehensive improved business process enabled
with people and technology, we will also institute a process for post project
monitoring and review to ensure that consistent high performance is achieved
19. RADICAL CHANGE TO BE EMBRACED
1. Process improvements need to become firmly rooted within
the organization
2. Process improvements will not happen over night they need
to be gradually introduced
3. Also assists the acceptance by staff of the change
4. Process improvements must be viable and practical
5. Process improvements must be realistic
6. People Centred
• Business Understanding
• Empowerment & Participation
• Organizational Culture
20. KEY STEPS
Select The Process & Appoint Process Team
Understand The Current Process
Develop & Communicate Vision Of Improved Process
Identify Action Plan
Execute Plan
22. COMMON BPR IMPLEMENTATION CONSTRAINTS
• Process Simplification is Common - True BPR is Not
• Desire to Change Not Strong Enough
• Start Point the Existing Process Not a Blank Slate
• Commitment to Existing Processes Too Strong
• Process under review too big or too small
• Reliance on existing process too strong
• The Costs of the Change Seem Too Large
• BPR Isolated Activity not Aligned to the Business Objectives
• Allocation of Resources
• Poor Timing and Planning
• Keeping the Team and Organization on Target
23. SUMMARY
Reengineering is a fundamental rethinking and
redesign of business processes to achieve
dramatic improvements
BPR has emerged from key management
traditions such as scientific management and
systems thinking
Rules and symbols play an integral part of all BPR
initiatives
Notas del editor
HEALTH SAFETY: Focus on safety and reliability means that all oil and gas operations must be managed consistently, with effective business controls, risk management and assurance in place to meet regulatory requirements and ensure operator competency
BUSINESS INTELIGENCE: Oil and gas businesses need to be ready to react rapidly to events, see snapshots of their business on any given day in terms of safety, reliability and efficiency and, ultimately, make sure there are “no surprises”
TECHNOLOGY: At a high level, an integrated approach embracing processes, people and technology is key to achieving
operational excellence and improving overall performance,
Bringing together companies’ legal and organizational structures, people, systems and facilities,
business processes play a key role in aligning the organization and driving business performance in line with strategic objectives.
Business process management is a management discipline that helps to promote the efficiency and effectiveness of these processes, employing methods, policies, metrics management practices and software tools to manage and optimize an
organization’s activities across the business process life cycle.
By providing an integrated approach to process management—from design and implementation, to execution and control—BPM helps confirm that key business processes can be managed with as much rigor as other critical business assets.