Defining Your Why in Process Optimization
It may seem obvious, but the first question you need to be able to answer before embarking on any process optimization journey is also the most significant: Why are we doing this? In the broadest sense, the answer is that a business is the sum of its processes. The most successful businesses are those that […]
Leveraging Existing Systems for Process Improvement
Taking inventory is a critical step in optimizing your processes, especially when you have a clear understanding of your “why” and “who.” It involves assessing the resources at your disposal, the core systems already in place, and the applications currently in use. Whether you’re starting from scratch or looking to improve on existing investments, a […]
The Complete Guide to Process Simulation
Inefficient processes can cost businesses up to $1.3 million a year, with resistance to change and outdated workflows being the main barriers to getting ahead of the curve. According to a study by the American Productivity & Quality Center (APQC), organizations that prioritize process improvement plans experience an average cost savings of 20% to 30% […]
Business Process Design: How to Create Optimized Processes
Whether replying to customers, preparing a product/service for the market, or managing internal departments day to day, efficiency in your business isn’t just an advantage—it’s a necessity. Companies striving to stay ahead of the competition must master streamlining their operations. This is where business process design comes into play. It’s the strategic blueprint for transforming […]
Business Process Management: What Is It & Why Do Companies Need It?
Efficiency and adaptability are key to staying competitive in business. This is where Business Process Management (BPM) comes into play. BPM isn’t just a buzzword; it’s a critical framework that allows companies to streamline operations, improve efficiency, and adapt to ever-changing market demands. Whether you’re a small startup looking to scale or a large corporation […]
Process Mining vs Task Mining: Exploring the Key Differences and Applications
Did you know that operational inefficiency costs the average company 20-30% of its annual revenue? While businesses in all sectors face high competition, tools and applications streamline and automate specific processes. The big question is, are you optimizing your operations to ensure efficiency? Data analysis is critical to uncovering vital insights about your processes and […]
How to Import Visio Process Diagrams to Quickly and Easily Create Process Models
At iGrafx, we understand the importance of continuous innovation to provide our users with superior tools for optimizing their business processes. We’re excited to unveil a feature that seamlessly merges traditional process mapping with modern process modeling: the capability to import Microsoft Visio model process diagrams and generate BPMN process models directly within Process360 Live. […]
Conformance Checking with Process360 Live Process Intelligence
Achieving operational excellence and maintaining regulatory compliance are critical for organizations, regardless of their industry. At the heart of these efforts lies process intelligence—a powerful toolset that enables businesses to gain a deeper understanding of their operations, identify inefficiencies and drive continuous improvement. The Role of Conformance Checking An important feature of process […]
Getting the Most Out of the AI Hype with Process Intelligence
With the rise of ChatGPT and large language models, GenAI has been soaking in the limelight. Hailed by some as a once-in-a-generation technology, it promises to fundamentally redefine how work gets done in the office and at home. Every business leader I’ve talked to recently has a line item on their priority list to figure […]
Introducing iGrafx Process360 Live Version 19.0
Version 19.0 of Process360 Live, iGrafx’s SaaS Process Intelligence platform, is going to start rolling out to customers starting on May 22nd. This release of Process360 Live focuses on two key priorities: making it easier to do things and empowering you to do more things. Making it Easier to Do Things This is our first […]