Exception Handling!!!

When we think of franchise, big names, high cost etc. comes to mind. Franchise has been traditionally associated with successful brands; investor seeks to use existing brand awareness, associated brand premium to establish their shops. If you do a quick search on Google, a classic definition that pops up is “a business method that involves licensing of trademarks and methods of doing business” [WIKIPEDIA] Although big franchise in retail, food, media etc. are famous. But have you heard of franchise at street vendor level!! I will try to explain this by an example from streets of Bangalore. Panipuri [http://en.wikipedia.org/wiki/Panipuri] If you don’t know what Panipuri is, please visit the attached link. Basically it is type of snacks. It is available throughout India, although customized according to taste and liking of region. So when Bangalore started with bang on software development arena, many things happened. Lot of people from northern part of India started wor...

[This article talks about how a custom BPM solution can be build using available open source BPM tools like Activiti or jBPM] Business Case: A MFI is looking to automate its processes. It has basic functions called loan origination and loan servicing Loan origination includes following steps a) Borrower risk analysis b) Borrower on-boarding where as loan servicing includes a) Disbursements b) Collection c) Closer d) Loan extension etc. Other than these two functions MFI also have operations team which takes care ground level activities like physical transportation of cash and documents, deployment of agents, identification of loan potential areas. So how can we build solution which is scalable and minimal cost for this MFI? Below is one of many solutions Step 1: High Level Architecture Design Step 2: Process Discovery and Implementing the Executable processes Lets restrict ourselves to only loan servicing – disbursements of funds. And see how we can fit that in ...