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Integration of Technology in Business Processes.

I will pay for the following article Integration of Technology in Business Processes. The work is to be 8 pages with three to five sources, with in-text citations and a reference page. The bank under discussion is one of the oldest banks in the region and has survived over the years due to its wide coverage and network. The bank had not been affected by the intervention of technology in the banking industry and chose to maintain most of its operations on paper. After following the same business processes and policies for decades, it has been felt by the management that the market share is deteriorating at an incremental rate. The introduction of newer banks and automated processes in the market is bearing an effect on its market share and causing brand shifts.&nbsp.The bank under discussion is one of the oldest banks in the region and has survived over the years due to its wide coverage and network. The bank had not been affected by the intervention of technology in the banking industry and chose to maintain most of its operations on paper. After following the same business processes and policies for decades, it has been felt by the management that the market share is deteriorating at an incremental rate. The introduction of newer banks and automated processes in the market is bearing an effect on its market share and causing brand shifts.&nbsp.3. Drivers of Change Efficiency, convenience and quality bear great relevance in the banking industry in modern times. The fast-paced nature of modern times demands efficient service from a bank that would also focus on the quality of the service being provided by the sales representatives of the bank. The conventional processes of the bank under discussion were not formulated with such incentives since it was established in the times of limited competition in the market. customers bore whatever quality of service that was provided to them due to the lack of options in the market. However, the exponential increase in the number of banks in the market has increased the level of competition and enables the customers to choose other banks if effective service is not provided. The management has decided to revolutionize their business processes and quality of service by introducing information systems and automated processes that have been adopted by their competitors in recent history. The lack of information and strategic management systems in the organization do not facilitate the presence of effective data that can enable the top management to take corrective actions against their prevailing policies therefore appropriate technological processes have been decided to replace the conventional paper-based processes.

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