It may be true that mistakes are just part of being human, though this mantra is inadmissible for highly intricate and stringent operations such as new account applications and loan approvals as well as other crucial banking workflow processes. However, despite this firm guideline, a lot of banks have endured irrelevant errors because they were extremely dependent on the manual paper-based procedures.

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For large organizations, or those that have grown quickly, making changes and implementing new ideas can feel like it takes inordinately long. Not only does this frustrate the employees looking to make said changes, but it can put your company in the risky position of not adapting to customer demands. (more…)

Any modern successful company consists of many departments and teams. Although most of these departments are very specific for each type of business, we still can separate these into two groups:

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It is countless the number of times people have asked the same old question: is business process management the same as coding? This question has led to a massive confusion about what BPM is, what coding is, and what the differences between the roles of a business person and a programmer are. Comindware wants you to fully understand these terms, so you as a business person can understand once and for all BPM’s role, and your role on it.

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Analyzing data is something business people must constantly do in order to know if things are going well, if things can and must be improved, or if new strategies must be applied in order to achieve the desired results because previous ones were not as effective as they thought they were. Without a proper tool, gathering and analyzing all this data, besides checking each and every business process, are definitely tedious tasks. Business process improvement can only happen when data is carefully analyzed, and if people take action regarding the information that the data reveals. (more…)

New Enhancements Include Extended Flexibility in Terms of Access Management, Reporting and more.

Foxboro, MA – August 2, 2018 – Comindware, a leading provider of Workflow Management Software, announces the availability of Comindware Tracker new version to further improve its flexibility and ability to meet customers’ needs at all different levels. New enhancements allow extended access permission settings, new PDF rendering option and a bulk of effectivity improvements.

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If you want to run a successful business, there are financial terms you should familiarize yourself. For instance, you should understand the difference between CapEx and OpEx. (more…)

With the rise of a company, its internal bureaucracy also grows stronger and bigger. When you work in a company of 3 people, you can simply tap Bruce Murdock (your manager) on the shoulder and ask him – “Could you sign up this contract”? But when Bruce has more than a thousand employees and each one taps him on the shoulder, we believe that Bruce’s business would get stuck. So, Bruce organizes his people in teams and departments, which is a normal process, and sets collaboration policies in order to make sure that they manage contract lifecycle effectively.

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Leaders and founders of companies often wander through many ways to improve all the different processes that require to be done for achieving a same goal between team members. They indeed understand the importance of ensuring communication and efficiency between departments or groups within a bigger structure. This search for intercommunication responds at a vital problematic which appears when division and individuality appears in the different areas of a company. (more…)

Effective expense claim management software is crucial for the business operations and its growth.  As a business, you might receive all types of claims from clients, vendors or even from your employees. The claims can be about the deliveries, products or services. (more…)