Business process efficiency in a digital economy

The article explores the possibility of digital technology to improve the efficiency of business processes. The main features of the information-digital economy are highlighted, the main business processes of the enterprise and indicators of their effectiveness are considered and analyzed and advantages of the digital transformation of business. | Business process efficiency in a digital economy International Journal of Management IJM Volume 11 Issue 3 March 2020 pp. 122 132 Article ID IJM_11_03_014 Available online at http ijm JType IJM amp VType 11 amp IType 3 Journal Impact Factor 2020 Calculated by GISI ISSN Print 0976-6502 and ISSN Online 0976-6510 IAEME Publication Scopus Indexed BUSINESS PROCESS EFFICIENCY IN A DIGITAL ECONOMY Olha Prokopenko Department of Business Administration Tallinn University of Technology Tallinn Estonia Leonid Shmorgun Department of Art Management and Event Technology National Academy of Leadership in Culture and Arts Kyiv Ukraine Viktor Kushniruk Department of Hotel a Catering Industry and Business Organization Mykolayiv National Agrarian University Mykolaiv Ukraine Maryna Prokopenko Management Department Kyiv National University of Technology and Design Kyiv Ukraine Maryna Slatvinska Department of Finance Odessa National Economic University Odessa Ukraine Liudmyla Huliaieva Chair of Finance The Academy of Labour Social Relations and Tourism Kyiv Ukraine ABSTRACT In a digital economy the flexibility and acceleration of business processes are more than relevant if an enterprise does not use the capabilities of modern technology does not adapt to the crazy pace and features of doing business it will not be able to compete with those who already do this. To be successful you need to be fast and flexible change not when there is an opportunity but when there is a need. The digital transformation of business processes is aimed at ensuring that companies make decisions quickly quickly adapt their work to the requirements of the current moment and satisfy the needs of customers. The article explores the possibility of digital technology to improve the efficiency of business processes. The main features of the information-digital economy are highlighted the main business processes of the enterprise and indicators of their http .

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