B - Definitions

  • B

    BAI2 file format

    BAI2 file format is a specialized and standardized set of codes used for cash management by the Bank Administration Institute (BAI).

  • bar code (or barcode)

    A bar code (often seen as a single word, barcode) is the small image of lines (bars) and spaces that is affixed to retail store items, identification cards, and postal mail to identify a particular product number, person, or location.

  • Basel III

    Basel III is a set of standards and practices created to ensure that international banks maintain adequate capital to sustain themselves during periods of economic strain.

  • Basware

    Learn about Basware, a Finland-based vendor of networked purchase-to-pay, e-invoicing, procurement, and financing software and services.

  • BIC (bank identifier code)

    A bank identifier code (BIC) is a unique identifier for a specific financial institution.

  • bill of materials (BOM)

    A bill of materials (BOM) is a comprehensive inventory of the raw materials, assemblies, subassemblies, parts and components, as well as the quantities of each, needed to manufacture a product.

  • BPaaS (Business Process as a Service)

    Business Process as a Service (BPaaS) is a form of business process outsourcing (BPO) that employs a cloud computing service model.

  • budgeting, planning and forecasting (BP&F)

    Budgeting, planning and forecasting (BP&F) is a three-step strategic planning process for determining and detailing an organization's long- and short-term financial goals.

  • Bullwhip Effect

    The bullwhip effect is a supply chain phenomenon describing how small fluctuations in demand at the retail level can cause progressively larger fluctuations in demand at the wholesale, distributor, manufacturer and raw material supplier levels.

  • Business Planning and Control System (BPCS)

    Business Planning and Control System (BPCS) is a popular system of application programs for manufacturing and other industries that is developed and sold by Systems Software Associates (SSA).

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