Flow
Overview
Activity Flow (Process flow) is a series of activities performed in a particular order to achieve a specific business goal or objective. Flow can involve various aspects of an organization, such as people, technology, resources, and information. They are often designed to streamline processes, increase efficiency, reduce costs, improve quality, or enhance user satisfaction.
Activity flow guides users through a sequence of tasks required for planning and consolidation processes. Each flow consists of a group of tasks to be performed by assigned users. Typically, tasks cover inputs, reports, calculations, or trigger other internal or external actions.
As the execution of activities progresses, the data status and protection rules are automatically updated. These automations can be customized and disabled as needed.
Objective & Benefits
Achieving a Specific Goal: The primary objective of most activity flows is to achieve a specific goal or outcome. This may involve data submission, triggering calculations, or completing tasks.
Streamlining Business Processes: Helps to streamline business processes and automate repetitive tasks. The key objective of a process is to create a seamless workflow that minimizes manual intervention and reduces errors.
Enhancing Data Integrity: Ensures data accuracy, consistency, and completeness. This is achieved by implementing data validation rules, data cleansing procedures, and data governance policies.
Improving Productivity: Reduces the time and effort required to perform tasks. This is achieved by automating tasks, minimizing manual intervention, and providing real-time access to data.
Enhancing Collaboration: Designed to support collaboration between departments, teams, and stakeholders. Facilitates communication, information sharing, and collaboration to achieve shared goals.
Improving Financial Visibility: Provides real-time access to financial data, such as income statements, balance sheets, and cash flow statements. Improves financial visibility by providing stakeholders with timely and accurate financial information.
Enabling Informed Decision-making: Provides real-time access to data, analytics, and insights. Equips decision-makers with the information they need to make informed decisions and drive business outcomes.
Optimizing Financial Performance: JustPerform enables stakeholders to analyze financial performance and identify opportunities for improvement. Optimizes financial performance by identifying areas for improvement, implementing best practices, and monitoring financial performance over time.