The G2 Fall 2024 Badges are here, and they’re making waves in the tech and business communities! If you’re not familiar with these prestigious accolades, let us introduce you to why they’re causing such a buzz. G2 is one of the leading platforms for authentic peer-to-peer software reviews, trusted by millions of users each month. The Fall Badges represent excellence in various categories, highlighting companies that have gone above and beyond in delivering exceptional products and services.

But why do these badges matter so much? For starters, they serve as a reliable benchmark for quality. In an ever-evolving market flooded with options, G2 Badges help businesses and consumers identify top-performing solutions that stand out. They reflect real user feedback—so when you see a company winning a shiny new badge, you know it’s backed by genuine customer satisfaction.

This year, we are especially grateful and excited for the recognition Comidor has received with multiple badges! As a leading low-code BPM platform for digital modernization, Comidor was honored by G2 with four prestigious Fall 2024 badges, further solidifying its position as a high performer in the industry.

Comidor Platform Wins 4 G2 Fall Badges for Workflow Management and Digital Process Automation

The platform was awarded High Performer badges in both Workflow Management and Digital Process Automation, reflecting its robust performance and innovation in these key areas. Additionally, Comidor was honored with the Easiest to Use badge, underscoring its user-friendly interface and intuitive design.

High Performer in Workflow Management & Digital Process Automation

As a High Performer in Workflow Management, Comidor distinguishes itself by providing seamless integration, scalability, and advanced intelligent automation capabilities that streamline complex business processes. Its success in Digital Process Automation further highlights its ability to automate and optimize end-to-end workflows, reducing manual intervention and boosting business efficiency.

Easiest-to-Use Platform

The platform’s recognition as one of the Easiest-to-Use solutions in the Workflow Management market speaks to its intuitive drag-and-drop interface, low-code approach, and easy onboarding. This makes it accessible not just to IT professionals, but also to business users, allowing organizations to implement automation with minimal technical expertise.

These accolades from G2 reaffirm Comidor’s standing as a go-to solution for companies seeking intelligent, user-friendly automation to enhance their operational efficiency and digital modernization efforts.

The global business world is more interconnected than ever before. Most of the products and services provided by businesses to consumers and other businesses rely on each other in some way. It’s this interconnectedness that powers most of our modern industries and keeps the global market operating smoothly. Having invoices paid on time, every time is critical to keep these valuable business relationships in good standing. 

Herein lies the value of invoice approval workflows. These processes structure and organize the way that invoices get validated and paid to keep payment consistent and reliable. Automated invoice approval workflows can help to streamline your invoicing processes and save your organization time and money. 

All you need to create invoice approval workflows is a solid understanding of what these processes are and how they operate. You also need to know which workflow tools to use to ensure that your workflows are as smooth and efficient as possible.  

Here’s what you need to know to create a successful workflow for invoice approval. 

Understanding Invoice Approval Workflows

Invoice approval workflows are processes that businesses can follow to streamline invoice processing and invoice approval for quick payment. They are similar to checklists that determine whether or not an invoice is accurate and valid.  

These workflows begin when a vendor submits an invoice for payment. The invoice gets reviewed to ensure that the billed services, information, and amounts within it are valid before settling it. After everything is validated and the invoice approved, payment can get processed. 

Steps to Create an Invoice Approval Workflow

Invoice approval workflows will naturally vary from business to business. But the basic steps needed to set them up are similar.

1. Establish a Database for Invoice Reception

Your invoice approval workflow should start by diverting all invoices to a queue for validation. This will simplify the process of tracking and processing them in an organized way.  

You can either create a designated email address to receive only invoices. Or you can create a customized invoice submission form that will automatically add any submitted invoices to a queue.

2. Specify Conditions of Approval

Your team will need to determine whether each invoice you receive is valid before it’s processed. The conditions for this process will differ depending on your industry and the products and services you supply. Some common questions that you can use to review an invoice include: 

• Has the vendor delivered the billed product or service? 
• Are there any inconsistencies in the invoice that need addressing before settlement?   
• Have any issues arise regarding the product or service billed for that would justify a discount or reorder? 
• Is the invoice complete and accurate, and does it contain all the data required for processing? 
• Does the amount specified on the invoice align with the prices established between you and your vendor? 

3. Create a Hierarchy for Approval 

Most businesses have dedicated people or teams responsible for the validation of invoices. However,  inefficiencies can still occur if you don’t have a clear approval hierarchy in place. If you have a larger business, you may appoint department heads or managers to make decisions on the invoices specific to their departments.  

Smaller businesses may have their accountants or other specific team members appointed to validate their invoices instead. Ensure that you have a clear idea of who is responsible for approving invoices and which invoices they’re tasked with handling.

4. Specify Workflow Routes

Invoice approval workflows usually follow an ‘if-then’ structure, which enables you to confirm that basic information is in order and slowly increases the complexity of your validation workflow. For instance, if the invoice specifies a bank account for payment remission, you can move it onto the next item on your list. If the invoice does not supply this information, then you will need to contact the sender to request more information.  

You can use this same process to establish an approval hierarchy for your workflow too. For instance, if the invoice is submitted by a web developer, send it to your IT department for validation. Many developers use invoice templates that provide a full breakdown of the completed work. But if this breakdown is full of technical jargon, it needs validation by someone who can understand and verify that the costs are correct.  

Once your workflows are established, you’ll have the ability to minimize any uncertainty involved in your invoice processing protocols. This will make it easier for your team to approve invoices faster. 

Invoice Processes built with low-code | Comidor approach

Use Comidor to Create Your Invoice Approval Workflows 

According to accounting statistics from G2, 80% of companies who are already experiencing the benefits of invoice automation expect to increase their investments over the coming three years.  

Automated workflows take full advantage of organizational structure to provide intuitive process design and action monitoring. Comidor No-Code/Low-Code and Hyper-automation platform can be used to customize and automate workflows to save you time, reduce the margin of human error involved in processing and approving invoices, and simplify the processes involved in settling the invoices you receive from your vendors.  

Use our Workflow Designer to navigate and modify existing processes, create new workflows tailored to your business using our user-friendly BPMN 2.0 drag-and-drop tools, and test and optimize your workflows with our first-in-class Workflow Simulator. 

Time is the key to success for all types of business, be it small, medium, or large. Every day, your team works on different tasks and processes. These daily basis tasks are known as the workflow of your business processes. If you are able to optimize your workflow efficiency, it can save a lot of time by cutting down on time-wasting tasks. Undoubtedly, this results in enhanced productivity.

In order to achieve greater workflow efficiency, it is essential to focus more on the critical processes of your company and streamline all the necessary tasks. This will boost your accuracy, speed, and quality as well.

Eliminating redundancies that waste time helps you and your team focus more on essential elements that can take your business to the next step. For instance, you get time to focus on upcoming strategies and innovations. Workflow efficiency helps in maximizing the value of money and time. Alongside it decreases the risk of errors and turnaround time.

Before diving into the ways with which you can increase your workflow efficiency, let’s first look at some of the factors that decrease workflow efficiency.

Factors That Affect Workflow Efficiency 

All the departments of an organization are interconnected. If any of the departments are affected, it will cost you money, productivity, and time. The main reasons behind the workflow inefficiency in an organization are:

• Miscommunication
• Employee management issues
• Technological obsolescence
• Unnecessary tasks
• Lack of productivity

With the boost in workflow efficiency, you can detect and analyze severe issues in your organization and overcome them by improving business collaboration, technological advancement, analyzing necessary tasks, and performing better employee management. 

How To Improve Workflow Efficiency 

1. Analyze your Current Situation and Existing Processes

The initial step should be to evaluate where you are standing at the moment. What are your desired results, and if the current procedures are producing an effective outcome. Communicate with the employees and have their feedback. Alongside, keep an eye on the routine tasks if they are being done on time or not. 

The data you will collect can be used to identify healthy opportunities to improve your workflow. Look into the process and tasks that are slowing you down. Once you have identified them, you will need to focus on these areas. 

2. Arrange your Tasks First

Since you have understood how your current process is going and what areas you need to work on, it is essential to prioritize the tasks and events on the basis of daily, weekly and monthly schedules. 

Skip the unnecessary actions and organize all the tasks so that you can easily track them. Delegate assignments to your employees, making sure that each and every task is being tracked in your ongoing process. 

3. Optimize your Workflows

Now, the ultimate goal of the workflow is to improve employee productivity so that tasks can be done within fewer steps. 

Analyze the potential of your employees, and their skills and figure out what works best for you and your team. Make adjustments according to your needs. An effective process will help you meet objectives such as:

• Speed up workflows 
• Minimize distractions 
• Simplify information sharing 
• Continuously analyze for future and current improvements 

4. Leverage Automation

The next step should be to automate various tasks in your organization. A low-code automation platform can help you do this. 

You might be wondering how automation works with organizational workflow. There are tons of ways depending upon how you leverage automation. For instance, you can simply automate the whole process of emailing your clients using an email automation tool. This will save a lot of time, and effort and can maintain a significant pace and productivity. 

The next big question is how to integrate automation with your business to enhance workflow efficiency. It varies from software to software.  For different software, you may need to vary your integration method. Well, in general, the integration of software for workflow automation may include the following steps:

a. Picking Up The Right Workflow Solution

Initially, you will have to look for a suitable workflow automation tool. Look for the functionalities that the tool has and what is the primary focus of that particular tool. Check for its API and whether it could be integrated easily with your existing tools (built-in integration), or you will need a custom third-party solution. 

Most importantly, consider if it requires a lot of coding to be integrated and operate the solution. Or is it a low-code platform that is easy to manage and uses user-centric visuals? Comidor is one of the best low-code automation platforms which can boost your workflow efficiency. 

 b. Document Your Plans

The next step would be to analyze how this workflow automation is going to impact your business outcomes. You can simply create an impact analysis. Highlight the expected changes and how you can cope with any undesired event.

c. Create A Test Environment

It could hurt if you are planning to implement the new workflow in the entire company. In the beginning, test the automation software. Use a testing environment or implement it in a particular department for a few weeks. 

Now, it’s time to observe how the new automated workflow is impacting that specific department. 

• What problems do your employees face after integrating automated workflow solutions?
• Does the new workflow solution really affect their work?
• Has it affected the performance of other departments as well?
• How does it impact other departments’ work and efficiency?

Running this test can help you identify problems and answer the above-mentioned questions. You will be able to address the issues before you roll out the automated solution in all the departments or your organization.

d. Demonstration To The Employees

According to Dissertation Assistance, “It is important to gain the trust of your employees before applying any sort of the change in the organization.“ 

Show them the benefits of automation software. How it will impact the company and how it can make their job easier with the improvement in productivity. 

This will help employees accept the change and adapt to the new workflow quickly.

5. Analyze and Redesign your Strategy

It will take a few attempts to design a good workflow with effective outcomes. Do not expect it to be done with a single try. You may need to perform some minor adjustments to attain an ideal system for your organization. 

Regularly analyze and monitor how new workflow and tactics are affecting your employee productivity. Continue to test advanced solutions and keep analyzing their results. Comidor is once again best with this as it allows you to analyze and provides instant workflow analytics. The more you analyze the gaps, you can get better opportunities to rectify them. Build future strategies accordingly so that you boost your workflow efficiency gradually.  

Final Thoughts

One could say that workflow efficiency is a measure of the effectiveness of the process of improving the necessary steps to complete a business process. The key to improving workflow efficiency is to identify and eliminate any inefficiencies that exist in your current workflow. After identifying them, you should determine what can be done to improve their performance. Automation is the first thing on your list since it enables you to automate and streamline your workflow. Finally, picking the right automation software solution plays a crucial role in the implementation of those improvements that have the highest impact on your team productivity and business performance.

Author Bio
Claudia Jeffrey is currently working as an Editor QA at Crowd Writer. She helps students when they ask to write my dissertation. Claudia is a tech-geek, and to keep herself updated with new tools and advancements, she reads tech related blogs and spends her time surfing on the internet.

Managing your business operations is a challenging endeavor that often requires a high level of time, attention, and manual labor. Luckily, the digital transformation taking the workplace by storm has set its sights on automating these business operations through Business Process Management (BPM) and workflow management. 

You may have previously heard these terms used interchangeably, but we’re here to let you know there are actually quite a few differences between these terms. We’ll kick off this article with a quick overview of what exactly BPM and workflow are. 

What is BPM? 

So, what is Business Process Management? BPM refers to the way in which businesses create, implement, and manage necessary business processes. These processes are made up of activities or tasks pieced together to complete an operational goal. BPM assists businesses in defining, analyzing, and improving business processes for a more efficient workplace. 

Many businesses manage their processes using Business Process Management software. This software provides businesses with the tools to automate their business processes for improved accuracy and efficiency. 

What is a Workflow?

Chances are, you’ve heard the term “workflow” at least once in your workplace. But what does it mean? A workflow is a sequence of tasks that are needed to achieve a business goal. Workflows are often used to automate repetitive tasks that occur in a specific order over and over.

Similar to BPM, businesses will often use workflow automation software to manage and automate their workflows. Daily tasks can be automated for faster completion using custom business rules for improved workflow management. 

BPM vs. Workflow

Now that we’ve defined BPM and workflow, let’s look at how these two work together and the key differences that make them so unique. 

Similarities

To start, we’ll discuss how BPM and workflow management work together. Both of these tools are used to automate work functions. Whether it’s simple, daily tasks or entire processes, BPM and workflow management work hand-in-hand to make our days a little easier. 

Workflows are the sequences of tasks that go into completing a project. BPM, then, could be described as the management of a set of workflows from multiple departments that come together to achieve an operational goal. Since both BPM and workflow are important factors in the workplace, they are often found in every organizational aspect. 

In addition, the end goal of BPM vs. workflow is similar. They both serve to automate tasks in the workplace as a way to increase productivity and improve accuracy.

Differences

Despite the seamless way BPM and workflow management seem to work together, there are key differences that make each a unique part of a digital workplace.

When we talk about BPM vs. workflow, we can think of these two in terms of large-scale vs. small-scale operations. BPM focuses on large-scale processes. This management system handles the workflows, data, and people that work together to reach goals. Workflow management, on the other hand, takes care of small-scale operations. Workflows are made up of the sequences of steps that will eventually lead to BPM’s larger-scale processes. 

In this way, workflow management software allows you to organize your workflows through additional steps, software integration, and more. BPM, on the other hand, offers a big-picture look at every process in your company. BPM takes company organization a step further, combining workflow management with detailed analytics, reporting, and process monitoring.  

As your company grows, BPM is an essential component that must remain flexible to meet changing business needs. BPM software allows you to easily adjust business processes to better match the goals your company is focused on achieving. Workflow management, on the other hand, can extend the horizon of business process management. Workflows can be enhanced with AI/ML and Robot Process Automation (RPA) capabilities that make business processes intelligent. 

Comidor BPM and Workflow Management

Falling in line with the digital transformation, Comidor is revolutionizing the way that businesses manage their operations. With state-of-the-art BPM software and workflow management, we’re redefining the management of business processes. 

Our No-Code Hyperautomation tools allow you to efficiently manage and automate your business processes and workflows with ease. Simply go beyond streamlining processes and instead unlock a wide range of automation opportunities with Cognitive Automation and RPA. 

Contact us today to learn more about how to bring BPM and workflow management into your business!

* Featured image: Funtap/Stock.adobe.com