Related Papers
2017 •
Payment is one of the critical success factors for a business other than information flow and product flow. While for electronic payment (e –payment), its contributions is valued as highly important for online business, where everything must run faster. The order from customer will be only being processed and shipped once payment is cleared, can be said as one of pushing factors for a customer to pay via online. There are many e-payment tools available such as credit card, charge card, cheques, debit cards and e-wallet. In fact, purchasing via e-commerce doesn’t mean buyers have to directly pay online too or during the transaction. They can also walk in to the banks or used automated teller machines (ATMs) to make payment and transfer the payment information digitally. E-payment is not restricted to the profit-centered company but also apply by non-profit organizations such as government agency and philanthropy institutions as well. As an Islamic philanthropy institution, Pusat Zaka...
IOSR Journal of Business and Management
Online Banking System-Its Application in Some Selected Private Commercial Banks in Bangladesh
2013 •
This research aims to study if the online application will reduce the process time of issuing personal documents at PSA, Quezon City Philippines.
EKBIS (Ekonomi & Bisnis)
The purpose of this study is to investigate the extent to which the accounting information System for Cash Receipts on Deposit Funds has an impact on improving internal control at PT BPR Kerta Raharja. The descriptive quantitative research approach was employed, with data collected through field investigations, interviews, and questionnaires. The sample size for this study was 22 employees from PT BPR Kerta Raharja. Based on the study's findings, the hypothesis was accepted after the results of hypothesis testing using the t-test showed a significant level of 0.001 0.000. This indicates a substantial association between the Accounting Information System for Cash Receipts, Deposits, and Internal Control, which validates the premise. Based on the coefficient of determination calculations, the effect of the Accounting Information System for Cash Receipts on Deposit Funds on Internal Control at PT BPR Kerta Raharja Banjaran Branch is 45.7 percent, with the remaining 54.3 percent inf...
International Journal of Productivity Management and Assessment Technologies
Scholars and practitioners in the fields of Business Process Management (BPM), performance measurement and business information systems tend to use different approaches for implementing BPM Programs without arguing about the quality strategy set to ensure successful implementation and adoption. This lack of quality standards makes it difficult for researchers and practitioners to build on each other's work. The purpose of this article is to present a model for a BPM Program implementation in the banking sector. The authors' four steps implementation model is based on a quality strategy monitoring the different phases of the entire procedure. Through this work, they aim to identify the key characteristics of a BPM system as well as open a debate on what are the necessary and sufficient conditions for the full implementation of a BPM Program. The authors review the relevant literature and present their BPM implementation approach. Based on their research, they presented a case...
Increasing consumer demands, competition, issue on work productivity, high operational costs and profitability are some of the major reasons why banks acquire a core banking system. This study generally aimed to assess the implementation of the new core banking system of Bangko Kabayan. More specifically, it described the demographic profile of the users, determine the level of effectiveness of its use, tested the significant difference on the effectiveness of the use of the system when grouped according to demographic profile and proposed measures to address common problems on the system use. The descriptive method was utilized in the conduct of study. The respondents of the study are all users of the system at Bangko Kabayan consisting of 230 employees. The study revealed that the users are satisfied with the new system and that it is effective in terms of software utilization, work productivity, ease of use and system security (Robin, 2012). Based on the four categories, ease of use and system security got the highest composite mean of 2.95 in terms of effectiveness. There is a significant relationship on the level of effectiveness of the system and the demographic profile of the users specifically when grouped according to age, gender and length of service. The common problem encountered by the users is related to system downtime. It proves that no system can work with 100% full performance in a given specific period of time.
2015 •
At the present day, we rapidly live in an information age. Globalisation has removed the borders and shortened the distances between the countries. Some reasons such as information speed, shortening of distances and competition have brought innovative solutions in international business transactions. If we look generally to innovative developments in international business life, the most important examples are observed at payment and delivery terms. Recently with the impact of the revision made in 2010 there were radical changes at INCOTERMS. On the other hand a new form of payment BPO has been suggested to importers and exporters which hosts speed, technology and trust factors inside. One of the most important issues in international business transaction is payment. Exporter and importer pay similar attention to this subject and both of them wonder about how and when the payment will be done. Thus far, with effect of competition, speed and technology traditional payment terms such as cash, cash against documents and letter of credit remained inadequate, unreliable and expensive. In order to meet these needs, developing new payment method BPO has taken place in international business since 2013. In this study, payment terms in international business were examined. On the other hand, from the moment it entered into force in 2013, the new payment term BPO how often used, and previously which payment terms used instead of BPO were analysed. However, BPO and other payment terms are compared with each other and BPO's effects on Turkish international business life are also determined.
