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By Swati Agrawal Haven't you tired yourself reading the entire insurance policy document and lost yourself somewhere in between? The long, confusing, lawful, "fine printed", twisted document that is capable of putting anyone to sleep? For long you have wished for someone to take care of that tedious job for you and make sure you are well covered against all perils.

By Swati Agrawal Haven't you tired yourself reading the entire insurance policy document and lost yourself somewhere in between? The long, confusing, lawful, "fine printed", twisted document that is capable of putting anyone to sleep? For long you have wished for someone to take care of that tedious job for you and make sure you are well covered against all perils.

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Doing a static business in today's cut throat competition is like living on the edge of a mountain. One miscalculated step, and everything would go down the cliff. Technologies to techniques, everything is changing the speed never even wondered and thus everyone has to be on their toes to quickly adapt and get going with the change. With a tremendous roar happening around Business process improvement, there are many theories and concepts being constantly adapted, molded and remolded.One concept which works well for one enterprise may just flip another enterprises and bring nothing good out of it. It is therefore very essential to understand each concept and choosing the best one to incorporate in your business. There are two basic concepts which are used interchangeably by everyone but have a huge difference in terms of their application. Two such concepts are: Business Process Management and Business Process Re-engineering. Let's first begin by understanding the two concepts. Business process management is described as a process and management discipline that analyzes, implements, documents, monitors, controls and sometimes redesigns the business processes. On the other hand, Business Process Re-engineering is a "radical approach" to current business process. Business process reengineering necessarily means replacing the existing system. Business process re-engineering does not prophesize on documenting or implementing certain changes in the existing business processes. It only takes into consideration the input and the desired output and comes up with an efficient process to achieve the aim. Business Process Management can be looked at as a soft approach which considers the current processes, and believes in flexibility. However, the business process reengineering strives to create a perfect process from scratch and lays emphasis on replacing manual labor by automation. Business Process Management is a continual process which aims at attaining efficiency throug

No small or medium sized enterprise owner needs to be told that Australia's tax system is complex. In fact, some people would probably go a little further and describe it as something more akin to Frankenstein's monster, with two thousand page tax acts, dozens of regulations and hundreds of interpretive documents.

No small or medium sized enterprise owner needs to be told that Australia's tax system is complex. In fact, some people would probably go a little further and describe it as something more akin to Frankenstein's monster, with two thousand page tax acts, dozens of regulations and hundreds of interpretive documents.

Besides all of the hard work and time it takes to actually get all of your documents together, you then have to decide who is going to file your taxes.

Besides all of the hard work and time it takes to actually get all of your documents together, you then have to decide who is going to file your taxes.

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