IT value implementation at microfinance sector

Abstract

Microfinance as a financial institution to fight poverty in rural areas faces challenges to reduce operating costs and to increase effectiveness of their business activities.Information Technology (IT) has emerged as a powerful tool to improve efficiency and effectiveness of business operations, making it viable for the microfinance sector to expand into the rural and low-income area. IT Value implementation became the important concern for the microfinance sector to improve their organizational performance in order to gain competitive advantage. Implementation of the IT value should always be evaluated and continuously improved its performance to ensure the IT application can result in the expected value, control, and aligned with the organization's strategy to get an edge competence that focuses on achieving the business objectives of the organization. This paper tries to explain IT value implementation in the microfinance sector using Enterprise Architecture then performance evaluation using the approach of financial ratios with study case in BPRSC.

The Pathology of the Hindrance Factors Impeding the Application of Value Engineering in the Construction Industry in Iran and Ranking Them by Use of Analytical Hierarchy Process

“…The VI needs to be continuously evaluated and improved to ensure the business application can result in the expected value, control, and aligned with the organization's strategy to get an edge competence that focuses on achieving the business objectives of the organization [13]. The goal of VO is to ensure that the delivery is on time, on budget, on value and it is the key element to deliver the results of the previous steps and to help assure the value outcome.…”

“…The main building blocks of the typical VE are depicted in Figure 1 the microfinance sector to improve their organizational performance in order to gain competitive advantage [13]. Value translation/operationalization is the activity of embodying or expressing values in system design, which involves defining or articulating values in concrete terms, and implementation which involves specifying corresponding design features [11].…”