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Process Analysis Critical for Digital Transformation
Visibility into business processes, understanding of inefficiencies in business processes such as delays and errors, and evaluating risks of process non-compliance are crucial tasks IT and business teams are tackling as part of digital transformation today.
Process Analysis Critical for Digital Transformation
Visibility into business processes, understanding of inefficiencies in business processes such as delays and errors, and evaluating risks of process non-compliance are crucial tasks IT and business teams are tackling as part of digital transformation today.
With the sprawling global nature of businesses, inclusive of complex landscapes spanning multiple ERP and non-ERP systems, it has become massively difficult to even have a true understanding of how business processes and data flow. Without this understanding, it is impossible to make process improvements. SAP customers, in addition, cannot embark on greenfield implementations to SAP S/4HANA without such process understanding.
Process analysis has become crucial in this scenario. Several SAP and non-SAP tools provide maps of process execution, identify process inefficiencies, determine root causes, and provide recommendations for improvements. Several go beyond merely providing recommendations – they even estimate the improvement potential so that business teams can prioritize rolling out transformative changes.
Several SAP solutions such as SAP Business Process Intelligence (BPI), SAP Process Insights and the relatively new SAP Signavio provide process intelligence. Some of the key capabilities they provide are the following:
- SAP Process Insights provides continuous monitoring, assessment, and improvement of business processes based on key metrics and directly executes process change. It connects to both SAP ERP or S/4HANA systems and instantly starts spotting process weaknesses and optimization potentials.
- SAP Signavio Process Intelligence helps run highly granular process analysis for actionable enhancements, create smart diagnostics to test bottlenecks and simulations, evaluate process change alternatives considering best practices, optimize business processes for robotic process automation (RPA), hyper-automation, artificial intelligence (AI) and machine learning (ML) as well as derive precise customer behavior for improved customer journeys. Watch video on how SAP Signavio can help identify process hurdles and accelerate the pace of change.
As companies embark on process automation, process analysis becomes crucial. Download SAPinsider report on Process Automation and SAP S4/HANA to understand the trends in this key imperative.
9 results
Why TechWave Believes Industry-Specific AI Will Define the Next Phase of SAP InnovationJan 12 — As SAP pushes deeper into embedded, process-aware AI, services partners increasingly position industry context as the differentiator between interesting copilots and measurable business outcomes. TechWave, a global IT services and solutions partner with SAP expertise, argues that the next phase of SAP innovation will be shaped less by generic generative AI and more by industry-specific […]
3 minute read
Understanding Agent Based ModelingOct 21, 2022 — Agent based modeling is a relatively more recent method that originated in the early 2000s. Some of the key drivers behind agent-based modeling coming into the picture were advances in technology and computing power since agent-based models are much more demanding in terms of system capability requirements, the proliferation of computer science techniques like object-oriented modeling, UML, and state charts, and the need to develop models for systems that we were not able to capture with traditional simulation modeling approaches of system dynamics modeling and discrete event modeling. Agent-based modeling primarily leverages the behavior of each individual in the system to model the system. So essentially, this is a method of building a model from the bottom up. You identify all the different objects or agents and start defining their behaviors. Eventually, during that process, you would also start connecting those agents through their interactions and relationships. Finally, you would put them into similar environments within which they have their dynamics. All these come together to create the system's global behavior or the model of the entire system. Often there may be hundreds or thousands and, in some cases, even millions of individual agents that need to be incorporated to develop the model of the entire system.
2 minute read
Transforming Six-Sigma with Process IntelligenceJul 1, 2022 — Six-Sigma pertains to a group of analytical methods that companies across industries leverage to eliminate defects in their products and processes. The core crux of this methodology is simple- every step in a business process that helps deliver a product or service is also an opportunity to introduce a defect and the methodology focuses on reducing the variation in the processes that lead to these defects.
Considering that Six-Sigma is all about improving process quality, and is a methodology designed around business processes, there is a big opportunity to leverage process intelligence to further enable Six-Sigma methodologies. This article explores how process intelligence tools can help organizations build robust Six-Sigma capabilities.
4 minute read
Process Mining: Save Time & Money by Uncovering Processes Worth PersuingJul 14, 2020 — Use advanced process mining techniques to uncover the root cause of problems, find irregularities in process flow, and identify inefficiencies. Find other insightful content from Protiviti on their Vendor Showcase
1 minute read
Looking Beyond Tomorrow: Signavio and SAP S/4HANA®Jul 1, 2020 — Discover how Signavio Process Manager swiftly integrates with the next-generation SAP ERP Suite, enabling even simpler collaboration between business and IT. Also, read our guide to better SAP integration, including SAP Solution Manager 7.2. Find other insightful content from Signavio on their Vendor Showcase
1 minute read
Process-oriented ERP implementation with Signavio Process Manager and SAP® Solution Manager 7.2Jul 1, 2020 — Signavio Process Manager offers integration with SAP® Solution Manager 7.2, empowering slick collaboration between business and IT. This white paper explains how customers can employ Signavio Process Manager with SAP® Solution Manager 7.2 to facilitate business user involvement in the requirements specification, and documentation process of SAP® solutions. Find other insightful content from Signavio on their Vendor […]
1 minute read
Gauge a Company’s Risk Exposure Using Market Risk AnalyzerJun 19, 2015 — Learn how to implement SAP’s Market Risk Analyzer. The analysis reports in Market Risk Analyzer help an organization or, more specifically, a treasury department, to assess and quantify the risks of its financial positions. Once the risks of an organization are analyzed and quantified, they can be more easily controlled. The inputs to Market Risk […]
31 minute read
Perform Risk Analysis Using a Point-Based Scoring Method for Probability and ImpactJun 12, 2014 — A risk is basically any event that can prevent executive management from meeting the defined business goals of an organization. Learn how to perform risk analysis using a simplified score-based concept that involves numeric-centric evaluation. Key Concept Risk management is the identification, analysis, and prioritization of risks followed by the optimal use of resources to […]
16 minute read