System and method for identifying, representing and evaluating information and decision flow requirements and processes in a transactional business system

A system for representing information and decision flow requirements in a transactional business system, the system comprising:

• an information gathering object, wherein the information gathering object represents a piece of information used in the transactional business system;
• a decision object, wherein the decision object represents a satisfying condition for achieving an objective associated with the transactional business system;
• and
• one or more information channels that link the information gathering objects to the one or more decision objects, wherein the one or more information channels represent the information and decision flow requirements within the transactional business system.

A method for identifying information and decision flow requirements in a transactional business system, the method comprising:

• representing the transactional business information;
• generating an information and decision flow diagram from the transactional business information representation;
• adding one or more process elements to the generated information and decision flow diagram;
• building a process flow diagram based upon the one or more process elements, wherein the process flow diagram is a simulation of a recommended transactional business process;
• and
• generating a cost and benefit analysis for the recommended transactional business process based upon the process flow diagram.