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 […]
Driving Digital Process Transformation: 5 Steps to Overcoming Implementation Challenges
In today’s complex business landscape, adopting a process intelligence platform has become increasingly vital, though potentially daunting. New technology brings with it massive potential for improvement in the way things are done, but also questions about how it will impact people, processes, and existing technology during digital process transformation. To guide you through this transformative […]
What is a Process Repository & Why Does it Matter?
A process repository is an essential tool for any organization looking to optimize their processes and achieve operational excellence. It provides easy access to process documentation, promotes standardization and consistency, and fosters process improvement and innovation. What is a Process Repository? A process repository is a centralized database or platform where organizations can store, manage, […]
Managing GRC: The Critical Role of Process Intelligence
When you ask about recent examples of companies grappling with Governance, Risk and Compliance (GRC) issues, business leaders might mention entities like Silicon Valley Bank. These are organizations that have been thrust into the spotlight, not for commendable reasons, but due to their struggles with GRC. When it comes to addressing GRC challenges, understanding process intelligence […]
Creating a Digital Twin of an Organization: Three Steps to Success
Buzzwords come and go in the business world, but one of the most persistent in recent years is the idea of a “digital twin.” A digital twin is a virtual model of an object, system, or process. It can, for example, be used to represent the complexities of a building’s HVAC system or to model […]
Navigating the Seas of Business Process Excellence: MSC UK’s Journey
In the realm of shipping, MSC stands tall as the world’s largest shipping container company, managing a fleet of 730 vessels across 155 countries with a global network of over 600 offices. While MSC UK’s roots trace back to a humble shoe shop in Hull, their growth has been organic, emphasizing tradition and values inherent […]