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Business Capability Modeling
Business capability modeling is essentially an image or picture of what a business does as a graphical representation. Not to be confused with an organizational chart (which shows who does what within a company, a business capability model shows what a business does and how it gets done (including overall work and processes).
What Small and Midsize Businesses Need to Know About Business Capability Modeling
SMBs can use business capability modeling for planning purposes. For example, if a business is seeking to unveil a new product, business capability modeling can be used to show what new processes and procedures need to be purchased or worked on to execute that product.
Related terms
- Tokenization
- ROIT (Return on Information Technology)
- SAC (Subscriber Acquisition Cost)
- Energy Trading and Risk Management (ETRM)
- Chief Revenue Officer (CRO)
- Core Banking System
- Record to Report (R2R)
- Fintech
- Financial Management System (FMS)
- Business Capability Modeling
- Capital Allocation
- Compound Annual Growth Rate (CAGR)
- Net Present Value
- Hedge Fund
- Gateway
- Selling General and Administrative (SG&A) Expenses
- ROE (Return on Equity)
- Financial Planning and Analysis (FP&A)
- Dollar-Cost Averaging (DCA)
- Procure-to-pay Solution
