International Organization for Standardization (ISO) a non-governmental organization through its member experts comes up with standards for goods, services and systems internationally. ISO ensures that quality is met under the laid down criteria. Its members now number 160 countries.

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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 before you dive into strategic investments and CapEx project management. (more…)

The way the Accounts Payable (AP) department processes invoices essentially affects business performance. While the manual invoice management method works, it tends to be time-consuming, tedious and less reliable.

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As businesses evolve and more work needs to be done, the conventional solution is to either overwork the people or hire more people to do all the extra work. As things stand nowadays, companies cannot afford to keep hiring more people. High-skilled jobs are already difficult and expensive to fill, and getting more people on board to do low-skilled and sometimes merely repetitive tasks can set cost-saving goals back.

This is where business process automation (BPA) solutions come in handy.

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“Workflow” is a broad term that covers any series of tasks that results in an outcome. The process of changing the oil in a car is a simple workflow, as is baking a cake, designing a circuit, or creating an annual report. The digital workflow definition is different just in regards to tools that are involved in the process management. These tools include the digital task manager instead of paper notebook, workflow engine that automatically routes tasks, system for tracking progress and reporting results. You probably know from experience that when you have a “system” for accomplishing something you tend to be more consistent and do a better job of it, because you are less likely to skip steps. (more…)

Visual workflow management is a technique, and it is adaptable to any organizational setup. One essential component of visual workflow management is developing processes that can be visualized from a “top view,” so that all steps in a process can be seen at once. It’s similar to how a flowchart works, but better because you can build automated steps into visual workflows. (more…)

Business process management (BPM) lets your organization have a systematic way of making workflows more effective, efficient, and adaptable. Business processes are activities that are designed to accomplish specific organizational goals, and the right BPM system can help make 2019 your best year yet.

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Workflow simulation is self-descriptive: it is the simulation of the steps of a work process from end to end. Users of simulation in business report high relevance of this approach for analyzing workflows. Meanwhile experts highlight that it is mostly focused on initial design of a workflow and less suitable for operational decision making and continuous workflow improvement. Here we describe benefits of a workflow simulation software for reliable support of operational decision in the context of workflow management. It can be particularly valuable when you have a workflow that you want to change, but you want to test out changes before putting them into everyday practice. Of course, the more accurately a workflow simulation mirrors the actual process it simulates, the more valuable it can be.

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The means by which organizations do their business has seen great evolution compared to a long time ago. Over time, newer and better techniques have come to be needed in order to cope with newer business demands.

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Every business needs an automated software to handle daily repeated tasks, whether small scale or large scale. Process automation or automation system is used to automatically control a process such as chemical, oil refineries, manufacturing, and other industries.

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