Research On Bid Bond Business Process Reengineering In Rural Credit Bank Of Shandong Province

With information technology sweeping around the world, financial companies are facing unprecedented opportunities and challenges. May 1, 2013, "e-bidding method", released by the National Development and Reform Commission, Ministry of Commerce of the People’s Republic of China and other six ministries, started, which opened a prelude to electronic bidding transformation. This may impact the tenderer and bidder, and bring the finance enterprise new development opportunities and cooperation space. Since 2013, Shandong Provincial Bureau began the construction of their own land and resources online trading system, state owned large commercial banks, such as Industrial and Commercial Bank of China and Bank Of Communications, signed cooperation agreements with the Land Resources Bureau in Weifang and Zibo, subsequently,Shanghai Pudong Development Bank, Industrial Bank and other joint-stock commercial banks also joined the queue of cooperation, which marked the beginning of a new round of competition in the banking business. American scholar first proposed the concept of business process reengineering(BPR). At present, lots of studies have been done on BPR, but there is still a long way to go on commercial banks(Including Rural Credit Cooperatives), especially about BPR of the commercial banks.Taking Shandong Province Rural Credit Cooperatives bid bond business as the object of study, this paper studied the financial BPR theory carefully, and find the problems of traditional bid bond business management(counter service mode). Combined with the current development trend of bidding business, using literature research, empirical research and SWOT analysis model, this paper conducted a comprehensive analysis of internal and external conditions and strengths, weaknesses, opportunities, threats and other development of the bid bond business process reengineering, to determine the development strategy of Shandong Province Rural Credit Cooperatives bid security business, and proposed a set of BPR scheme of land and resources bidding security business, which is transferred from the counter transactions of land and resources to the tender security services to the Internet. To show the application results, to put forward the work ideas and safeguard measures of promoting bid bond BPR project smooth implementation, and to provide reference for further research, Weihai Municipal Land and resources online trading system was taken as a typical case, formulating the overall bid guarantee gold industry provided development planning and implementation of strategies.