{"id":6044,"date":"2019-11-30T10:36:29","date_gmt":"2019-11-30T02:36:29","guid":{"rendered":"https:\/\/psglobalconsulting.com\/business-requirement-discovery\/"},"modified":"2023-06-20T16:20:19","modified_gmt":"2023-06-20T08:20:19","slug":"business-requirement-discovery","status":"publish","type":"page","link":"https:\/\/psglobalconsulting.com\/my\/services\/business-requirement-discovery","title":{"rendered":"Business Requirement Discovery"},"content":{"rendered":"\t\t
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Discovery and Planning<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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One of the key components before a company embarks on its digital transformation initiative is the business requirement discovery process. This is a long iterative process with definite phases (with a tendency to overlap) \u2013 even extending beyond \u201cgo-live\u201d, the point at which the new system may already be actively in place.\u00a0 However, as we know, the digital transformation process can be costly, especially for companies still running on legacy systems. The business requirement discovery process is crucial in that we examine the technology needs of the company through the involvement of heads of all the departments, in a collaborative environment.<\/p>

Rest assured though, the business requirement discovery process ensures the end destination is a new era of an integrated, growth-friendly business management system that brings with it, new heights of productivity and effective communication within an organisation. An analytical approach such as the business requirement discovery process will ensure you have all bases covered, and prepare with just the right solutions to thrive in a digital-age business environment.\u00a0<\/span><\/p>

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5 Steps for a Successful Discovery<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Establish The Project Team<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The project team should represent all aspects of the business. There should be someone from Sales, Customer Service, Purchasing, Materials, Operations, Accounting, IT, and all the other core departments of the company. Team members should have strong knowledge of current procedures in their area and be active system users with hands-on experience, knowing what the current system does as well as its limitations.<\/p>

The team leader should be someone who is higher up in the organisation chain \u2013 having an understanding of how the business operates and where the business is heading. Oftentimes digital transformation efforts can be interpreted by others as just an IT project, particularly if a person with an IT background is the team leader. Watch out for this. It must be seen as a project that involves and affects the entire business \u2013 not just IT.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/div>\r\n\t\t\t\t

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Hold Discovery Meetings<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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This is where members of the implementation team interview members of the project team to get an in-depth understanding of various parts of the business at detail level. The team will want to know what you are currently doing, and what you want to do in the future. They will discuss current processes thoroughly and identify pain points with the current system.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/section>\r\n\t\t\t\t

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Document Key Processes and Requirements<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Overall, this round of documentation will become the foundation for configuring the new system and also helps the implementation team with building out the project plan. This involves meetings with the implementation team and the project team, as well as executive members \u2013 looking for red flags, or gaps between the customers\u2019 needs and system capabilities. These holes can greatly affect the requirements of the new system and the better they are understood, the better job the implementation team can do guiding the implementation.<\/p><\/p>

Also, this includes discussing broader strategy with the executive team. It may be that there are new initiatives underway that can impact the requirements of the system. For instance, if the company is planning on opening 30 new stores in the US, there are most likely important implications on how the new system should be set up.<\/p>

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Identify Potential Gaps, Risks, and Solutions<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Continuing from the discussions in the previous step, this is where the implementation team will work to identify all of the areas where the current system doesn\u2019t meet the company\u2019s needs. Then, based on those findings, they will begin formulating potential solutions based on the new system. Areas that require work-arounds outside the system like extensive spreadsheets are prime candidates. The team will use this information to formulate suggested solutions for the project team to evaluate and test.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/section>\r\n\t\t\t\t

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Build The Project Plan<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The implementation project plan will serve as a road map for the implementation. Depending on the project it may be fairly detailed or it may be higher level. It will include information from the last three steps and evolve as you work through the upcoming Design and Development processes. Think of it as a sort of backlog list of tasks used to guide the implementation team, the development team and the project team. It is a communication tool for all involved to have visibility of open items and priorities.<\/p>

The bottom line for the discovery process is that the implementation team and project team must both understand and agree on the business processes and the objectives of the project. The project plan is the end goal of the discovery process and it is the foundation of the rest of the project.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/section>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/section>\r\n\t\t\t\t

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Why Choose PS Global Consulting<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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PS Global Consulting is a leading financial digital transformation consultancy in Asia, serving the Singapore, Malaysia, Indonesia, Thailand, Vietnam, China, Taiwan, Japan and South Korean markets. <\/p>

Headquartered in Singapore, PS Global Consulting has rapidly grown in the last 15 years with offices in Malaysia, Indonesia, and Thailand. PS Global Consulting specialises in helping its clients with business requirement discovery, cloud migration strategy, cloud application deployment, business application integration, business process automation, and cloud user adoption.<\/span>
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PS Global Consulting has one of the largest teams of Oracle NetSuite cloud enterprise resource planning (ERP) consultants, with a specially dedicated customer success division to ensure a smooth implementation for customers. Winning multiple awards since its inception, PS Global Consulting also offers a suite of cloud solutions encompassing automation of account reconciliation and the financial close process, inter-company financial consolidation, stack integration and workflow automation platform.<\/span>
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Read our blog article about Digital transformation, a must for 2022<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/section>\r\n\t\t\t\t

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Schedule For A Free Consultation<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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