Process Mining: Selecting the right platform (part 1)
OptiMinds Blog
by FSAdmin
10M ago
  Process Mining is becoming more important in business process analysis and many companies are starting their first Process Mining project. The process mining market size is estimated to have grown 70% in a year. There are a lot of great process mining platforms on the market, and it might be difficult to select the right one for your company. In this first part of the blog series, we try to guide you through the basics of the selection process: why you should start with process mining, and an overview of the process mining vendors. In the second part, the evolutions in the market, impor ..read more
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Process Mining for ReadSoft
OptiMinds Blog
by FSAdmin
10M ago
To improve your ReadSoft solution, you must have clear insights into the Invoice-to-pay process, be able to analyze the data, and make objective decisions. Process Mining can help you maximizing efficiency and reduce the number of ‘touches’. Today, ReadSoft is the most chosen capture solution worldwide. The software is aimed at automatic scanning, recognition, and processing of invoices. After capturing and recognizing the invoice information, ReadSoft sends the data to the workflow or ERP system. The system can then further process the data itself. The solution helps to reduce most of the ma ..read more
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Improve the real process with Process Mining
OptiMinds Blog
by FSAdmin
10M ago
Automation is the crucial, last part of the digital transformation. To reap the benefits of that, you must have insight into the process, be able to analyze the data, and make objective decisions. Process Mining can help with it. Particularly financial departments can profit a lot from automation and robotization because there are typically processes and workflows in those departments that can be standardized. Before you start implementing automation, you need to have a clear picture of the different processes and the workflows involved. And there lies the challenge. Because by interviewing e ..read more
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Does RPA ownership lie with business or IT?
OptiMinds Blog
by FSAdmin
10M ago
  Robotic Process Automation (RPA) has been gaining steady prominence as an in-demand technology, and the reasons are essentially clear. RPA streamlines processes and frees employees from repetitive tasks; this enables greater focus on value added tasks. But one of the significant concerns faced by most organizations lies in deciding whether to consider RPA as a business solution or as an IT tool? Opinions differ on the topic as business users consider RPA decisions as part of critical business functions. After all, it is the business users who decide which processes should be considered ..read more
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Task Mining vs. Process Mining
OptiMinds Blog
by FSAdmin
10M ago
  Learn the difference between task and process mining, the techniques and technologies used to analyze them, and why you should consider both to improve operational efficiency. Why do I need Task mining in my company? By gathering and analyzing data from user interaction, companies can track individual tasks and make data-driven process improvement decisions. This allows companies to properly track key performance indicators (KPIs), which are often overlooked by managers. Furthermore, it ensures businesses comply with any regulations that are increased. It can be used complementary to Pr ..read more
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Process Mining: Selecting the right platform (part 2)
OptiMinds Blog
by FSAdmin
10M ago
  After the introduction to the Process Mining software landscape, let’s discuss the evolutions in the market, important questions, and the basic pricing elements. Process mining market evolutions The process mining landscape has seen a lot of transformations with many acquisitions in the last few years. Process Mining now appears to be maturing as a market and becomes available as a part of major automation platforms. In selecting the right software, it is important to look at the rapid developments and changes in the market. Underlining the hunger for process mining technologies, many a ..read more
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Migration to S/4 HANA with Process Mining
OptiMinds Blog
by FSAdmin
10M ago
SAP plans on terminating its maintenance support for SAP ECC in 2027 so SAP customers will be required to move to S/4HANA. This change is not only recommended but will be necessary. For most companies, it’s an expensive and lengthy project, often spanning years. Initially, applications from the software suite would be supported until 2025. Now that the deadline has been moved to 2027, companies will have extra time to prepare and migrate to the next generation ERP: S/4HANA. This migration project can take a lot of time, resources and consultancy costs. There is likely no initiative in your bu ..read more
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Optimizing operational efficiency in times of the COVID pandemic
OptiMinds Blog
by Johannes Claes
10M ago
A year of COVID has created difficulties for the operational excellence at many companies. What is going wrong? Does decentralized homeworking cause slower running processes? Does pessimism in our society, as a result of the restrictions on freedom of movement, possibly cause less productive employees who have lost their drive? Adapting to a remote workforce and the uncertainty of the COVID-19 pandemic has created different digital and operational challenges for organizations. While many economic factors are beyond the control of managers and entrepreneurs, productivity doesn’t necessarily ne ..read more
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6 keys for driving succes in your digital journey
OptiMinds Blog
by FSAdmin
10M ago
Digital transformation is one of the hottest topics for companies in various sectors. Companies are increasingly focusing their resources on digitally transforming their operations and services using the power of Artificial Intelligence, Robotic Process Automation and Big-Data Analytics. Those who don’t invest in the technology risk falling behind. Digital Transformation will help organizations continuously work to unlock productivity gains and gain a competitive advantage while delivering a customer experience. It is not only intended to replicate an existing service in digital form, but als ..read more
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