Business Process Knowledgebase
What is functional knowledge?
By functional knowledge we refer to the knowledge of business processes. Functional knowledge is the knowledge that can be included in different domains. Knowledge which may be efficient in every domain is called domain-independent knowledge or functional knowledge, for example – financial processes, order to cash processes, procure to pay processes. All of these processes share some common logics and fundamentals that remain true and valid for all domains, and this section is about understanding those fundamentals and standard business processes.
Why acquire functional knowledge?
Functional knowledge helps professionals understand how a company operates and what are the standard business processes. It talks about the best practices for particular areas. This understanding of the knowledge of business fundamentals helps executives to think strategically and then take appropriate business decisions. It adds to their ability to think and take timely and appropriate business decisions.
How TechnoFunc helps?
In this section, we are trying to provide tutorials to understand business processes that are fundamental to the development of strategic skills and good leadership and management skills in order for business executives to achieve effectiveness.
Browse process specific tutorials by clicking on the image for the business process area of your interest. Click here to see the tutorials available for functional knowledge.