Hyperautomation Archives | Comidor Platform https://www.comidor.com/category/knowledge-base/hyperautomation-kb/ All-in-one Digital Modernization Mon, 17 Mar 2025 11:23:05 +0000 en-GB hourly 1 https://www.comidor.com/wp-content/uploads/2025/05/cropped-Comidor-favicon-25-32x32.png Hyperautomation Archives | Comidor Platform https://www.comidor.com/category/knowledge-base/hyperautomation-kb/ 32 32 Intelligent Process Automation (IPA): Definition and Benefits https://www.comidor.com/knowledge-base/hyperautomation-kb/intelligent-process-automation/ Mon, 17 Mar 2025 11:23:05 +0000 https://www.comidor.com/?p=38518 In just about every sector, competition is on the rise, and businesses are looking for ways to enhance efficiency, reduce costs, and deliver improved customer experiences. One groundbreaking solution that has emerged is Intelligent Process Automation (IPA). The Intelligent Process Automation (IPA) Market was valued at USD 14.4 billion in 2023. It is expected to […]

The post Intelligent Process Automation (IPA): Definition and Benefits appeared first on Comidor Low-code Automation Platform.

]]>
In just about every sector, competition is on the rise, and businesses are looking for ways to enhance efficiency, reduce costs, and deliver improved customer experiences. One groundbreaking solution that has emerged is Intelligent Process Automation (IPA).

The Intelligent Process Automation (IPA) Market was valued at USD 14.4 billion in 2023. It is expected to grow from USD 16.2 billion in 2024 to USD 42.1 billion by 2032, reflecting a compound annual growth rate (CAGR) of 12.6% during the forecast period (2024–2032).
Source: Market Research Future

Combining Artificial Intelligence (AI), Machine Learning (ML), Robotic Process Automation (RPA), and data analytics, IPA has become the next frontier in operational transformation. The best part is that just about every organization can take advantage of its benefits to streamline, simplify, and enhance their in-office, remote, and hybrid workflows while reducing costs and improving overall efficiency.

What is Intelligent Process Automation (IPA)?

Intelligent Process Automation (IPA) refers to integrating AI and advanced technologies with traditional automation tools to optimize and transform business processes. Unlike basic automation, which follows predefined rules, IPA can adapt, learn, and improve over time.

IPA consists of 5 core components:

  1. Robotic Process Automation (RPA): Automates repetitive tasks such as data entry or invoice processing.
  2. Artificial Intelligence (AI): Powers decision-making and enables systems to understand and process natural language, recognize patterns, and generate insights.
  3. Machine Learning (ML): Facilitates continuous learning from data to improve predictions and outcomes.
  4. Natural Language Processing (NLP): Enhances communication capabilities, allowing systems to “understand” text and speech.
  5. Data Analytics: Provides real-time insights for better decision-making and performance optimization.

How IPA Works

IPA involves a multi-step approach to business process automation:

  • Data Collection: Systems gather structured and unstructured data from various sources, including documents, emails, and databases.
  • Process Analysis: AI and data analytics analyze workflows to identify inefficiencies and areas for process improvement.
  • Workflow Automation: Processes are designed for automation, incorporating RPA for repetitive tasks and AI for decision-making.
  • Implementation: Automation tools execute tasks guided by ML algorithms that adapt to changing conditions.
  • Continuous Optimization: AI continuously monitors performance, learns from outcomes, and suggests refinements for greater efficiency.

This multi-step approach ensures that IPA solutions remain responsive and adapt to evolving business needs affected by consumer behavior, economics, or other external or internal factors.

drive innovationThe Key Benefits of IPA

The global intelligent process automation market was valued at $14.55 billion in 2024 and is projected to grow at a CAGR of 22.6% between 2025 and 2030. With such immense value and projected growth, this technology is already proving highly beneficial across industries and business functions.

Here are some of the most prevalent benefits:

1. Enhanced Efficiency and Productivity

IPA automates time-consuming, repetitive tasks, freeing employees up to focus on more value-added activities. For example, automating data entry or approving invoice requests reduces manual intervention, accelerates task completion, and minimizes errors. This results in significant productivity gains and improved operational efficiency.

2. Cost Reduction

By automating manual processes, businesses can significantly reduce their labor costs while improving accuracy. IPA also helps avoid the costs associated with errors, delays, and inefficiencies, and over time, these savings improve bottom lines.

3. Improved Accuracy and Compliance

Human error costs businesses billions every year, with one example being the $500 million clerical error that led to a legal dispute between Citigroup Inc. and Revlon. IPA eliminates this risk by ensuring consistent, error-free reporting. AI-driven analytics also monitor compliance with regulations, flagging potential issues before they escalate.

4. Enhanced Customer Experience

IPA makes it easier for businesses to deliver faster, more personalized customer service. NLP-powered chatbots can handle routine customer inquiries instantly, while AI analyzes customer behavior to offer tailored recommendations. This targeted personalization improves customer satisfaction and builds loyalty.

5. Data-Driven Insights

IPA integrates advanced analytics to provide actionable insights in real-time. This makes it easier for organizations to make informed decisions, anticipate market trends, and respond proactively to challenges. By uncovering patterns in data, IPA also helps to optimize workflows and identify new growth opportunities. With work models changing and remote and hybrid work becoming more commonplace, this data is invaluable in ensuring teams can function at their optimal.

6. Faster Decision-Making

In many industries, the ability to make timely decisions is critical. IPA accelerates decision-making by processing vast amounts of data quickly and accurately. One example of this is finance, where IPA can analyze credit risk and approve loan applications within seconds. This speeds up results and improves customer satisfaction, too.

7. Scalability and Flexibility

As organizations grow, managing increased workloads can put considerable strain on resources, especially if teams are spread out geographically. IPA solutions are scalable, allowing businesses to handle higher volumes without compromising quality or efficiency. IPA’s innate adaptability also ensures it can be tailored to specific industry needs and use cases.

automation in insurance industryApplications of IPA Across Industries

Intelligent Process Automation is a powerful tool that is transforming operations across various sectors, and these are just a few examples of where it’s being put to good use:

Banking and Finance

According to a recent Deloitte study, banks using automation have reported an average of 30% reduction in fraud losses, which is an enormous sum overall. In action, IPA automates essential tasks such as loan origination, fraud detection, and compliance reporting. By reducing processing times and improving accuracy, it establishes greater customer trust and operational efficiency, and it reduces risk for lenders, too.

Healthcare

IPA plays a significant role in streamlining patient admissions, billing, and insurance claims, ensuring smoother workflows and reduced clerical errors. Its AI-powered analytics also supports diagnostics and treatment planning, which contributes to better patient outcomes.

Retail

The retail sector benefits from IPA through improved inventory management, demand forecasting, and personalized marketing strategies. Automation ensures smoother operations, while AI insights can be used to improve the customer shopping experience.

Manufacturing processes

IPA is particularly beneficial in supply chain management, quality control, and equipment maintenance. Predictive analytics help to anticipate equipment failures, which in turn minimizes downtime and maximizes productivity.

HR

In an era where 71% of companies allow remote work permanently and a vast number of people prioritize this working model when searching for new employment, Human Resources professionals need to focus on employee engagement and development and increasing productivity, satisfaction, and retention across the board. IPA is an excellent option for automating repetitive tasks that are human resource-heavy, including recruitment, onboarding, payroll processing, and performance evaluations. This frees up HR teams to direct their attention to the areas that best serve the business and its employees.

survive in a competitive landscapeConclusion

It’s evident that Intelligent Process Automation is already revolutionizing the way organizations operate, and there’s plenty more to come.

By combining the capabilities of AI, ML, RPA, and analytics, IPA enables businesses to achieve unparalleled efficiency, accuracy, and agility. From improving customer experiences to enhancing decision-making, its benefits are far-reaching and transformative.

As technology continues to advance, IPA will undoubtedly become crucial to business operations, empowering organizations in all sectors to innovate, adapt, and thrive.

The post Intelligent Process Automation (IPA): Definition and Benefits appeared first on Comidor Low-code Automation Platform.

]]>
Understanding Enterprise Transformation: Definition, Strategy, Benefits, Challenges https://www.comidor.com/knowledge-base/hyperautomation-kb/enterprise-transformation/ Fri, 02 Aug 2024 09:07:09 +0000 https://www.comidor.com/?p=38061 Customers today expect a lot more, so if you’ve got some clever strategies, now’s the perfect time to roll them out. This whole shift is what we call enterprise transformation. It’s far from just trendy jargon – it’s become an essential move for any business looking to keep up. In this guide, we’re diving deep […]

The post Understanding Enterprise Transformation: Definition, Strategy, Benefits, Challenges appeared first on Comidor Low-code Automation Platform.

]]>
Customers today expect a lot more, so if you’ve got some clever strategies, now’s the perfect time to roll them out. This whole shift is what we call enterprise transformation. It’s far from just trendy jargon – it’s become an essential move for any business looking to keep up. In this guide, we’re diving deep into enterprise transformation. We’ll break down what it is and how exactly you can harness it to survive and truly thrive in today’s fast-paced and competitive world.

What is Enterprise Transformation

So, what exactly is enterprise transformation? Think of it this way—your business is all over the place, cluttered, and messy, and things are just not where they’re supposed to be. You think to yourself: you need a total makeover, and that’s how you’re gonna get more customers and keep them coming back. And when your business does not seem to function as well as you intend it to, then maybe it’s time to make significant changes. This is what you call enterprise transformation, and it aims to add value to your organization by changing several areas of your business.

Essentially, enterprise transformation is all about sprucing up your tech stack, shaking up your team structures, and giving those old-school processes a serious facelift. The main aim? To make everything run smoother and reel in more customers.

Different Types of Enterprise Transformation

When we talk about enterprise transformation, it’s a whole package deal. We’re not just tweaking a bit here and there; it’s about giving your business a complete makeover. Basically, this transformation covers several key areas of your business, including:

Digital Transformation

One important aspect of transforming an enterprise is digital transformation. This means trading in your old tech for new ones and weaving them with every other component of your business operations.

A digital transformation for your business can be a game changer. By adopting new tools, you can change how your business operates and deliver value to your customers. Implementing modern software into your daily operation puts you at the forefront of innovation, potentially surpassing all your competitors.

To give you an example, here are some essential tech systems that modern businesses utilize:

digital transformation-24Organizational Transformation

Sometimes, the way an organization is set up isn’t the best for what it needs to achieve. Hence, transforming an organization usually involves shaking up the hierarchy, breaking down silos, or creating new roles and teams to better align with the organization’s goals.

Some key areas where organizational transformation has a significant impact include the following:

Company culture

Putting together the right people in the same room can significantly impact your company culture. Aside from better employee engagement, you have to make sure that everyone has the same values that are aligned with your organizational goals. This way, all your employees stay on the same page, paving the way for business growth and success. Additionally, empowering your workforce is crucial for fostering a dynamic and innovative environment. When employees feel valued and have the autonomy to make decisions, they are more likely to take initiative and contribute their best ideas.

Performance improvement

When your leaders and employees have a good relationship, they tend to work well together and accomplish great things. This directly impacts your business performance and improves productivity levels across your entire organization.

Market impact

Improving your products and services is a great way to gain new customers and retain existing ones, but it’s impossible to do it if your employees are not doing their jobs. An organizational transformation requires you to look at how everyone else is doing, find areas for improvement, and make sure that everyone stays on top of their game.

organizational transformationOperational Transformation

Operational transformation seeks to streamline business processes to improve workflow optimization, reduce costs, and enhance customer satisfaction.

Here’s how your business can benefit from an operational transformation:

Efficiency of operations

When you’re not getting the results that you want, there must be something that you’re doing wrong. Desperate times call for desperate measures, as they say. So, sometimes, that means transforming the way you do things. In other words, enhancing efficiency in business processes can help greatly.

Enhanced product and service quality

By simply implementing robust quality control measures and continuously monitoring performance, you can enhance your company’s product and service quality. This leads to better customer satisfaction, further driving the growth and success of your business.

Gaining a competitive edge

Making sure that your business is as agile and flexible as it can be helps you respond quickly to market changes. In today’s fast-paced business landscape, it is crucial to stay ahead of your competitors by having an efficient workflow that can easily adapt to customer needs.

operational transformationKey Stages of Enterprise Transformation

Let’s face it, transforming a business isn’t a walk in the park. Whether it’s going digital, revamping your organizational chart, or fostering a culture of innovation, change can be messy. But fear not! Here’s a breakdown of the three key steps that will guide you on your enterprise transformation adventure.

Step 1: Seeing the Bigger Picture

The first step is all about acknowledging that it’s time to shake things up. Begin by evaluating the current state of the business. Take a good, hard look at your current processes and identify areas that could be improved. Maybe workflows need streamlining, or maybe new technologies could give you a big edge.

Once you’ve identified the “why” behind the change, it’s time to map out your desired future state. Think of it as your business’s ultimate vision board – what does success look like after the transformation?

Step 2: Making it Happen

Now comes the fun part (well, maybe!): putting your plan into action. This is where you roll out the new processes, technologies, or organizational structures. Remember, communication is key here.

Your team needs to understand the “what” and “why” of the changes, and feel empowered to embrace them. Don’t be afraid to make adjustments along the way – think of it as fine-tuning your transformation machine.

Step 3: Keeping it Going Strong

Congratulations, you’ve reached the “new and improved” stage! But the journey doesn’t stop here. This is where you monitor the transformation to make sure everything’s running smoothly. Think of it as checking the engine after a road trip – are there any tweaks needed to keep things humming?

Are there market trends, types of competitors, and customer preferences to pay attention to? Remember, the business world is constantly evolving, so staying flexible is crucial. Be prepared to adapt to unforeseen challenges to ensure your transformation continues to drive success.

enterprise transformation stagesThe Secret Ingredient: Change Management

No transformation is complete without getting your team on board. If employees aren’t sold on the new way of doing things, the whole process can grind to a halt. Effective communication, training, and support programs are essential to foster a culture of acceptance and encourage everyone to participate in the transformation journey.

By following these steps and prioritizing getting your team excited about the changes, you can ensure your enterprise transformation is a success story, propelling your business to new heights!

The post Understanding Enterprise Transformation: Definition, Strategy, Benefits, Challenges appeared first on Comidor Low-code Automation Platform.

]]>
Cloud-Based Application Development and the Future of Software Development https://www.comidor.com/knowledge-base/hyperautomation-kb/cloud-application-development/ Thu, 19 Oct 2023 09:34:09 +0000 https://www.comidor.com/?p=37530 The post Cloud-Based Application Development and the Future of Software Development appeared first on Comidor Low-code Automation Platform.

]]>

The cloud has emerged as a game-changer in the ever-evolving software development landscape. Cloud-based application development is not just a trend; it’s a transformative shift reshaping how software is conceived, built, and deployed. As we navigate through this digital age, understanding the role of cloud-based development in the future of software is crucial.  

This article will explore the rise of cloud-based application development, its major types, benefits, and upcoming trends. 

The Evolution of Cloud-Based Development 

Cloud-based application development has evolved from a niche technology to a mainstream practice. Early cloud platforms offered limited capabilities but have since expanded to provide a vast ecosystem of tools, services, and infrastructure options. This has enabled developers to build, test, and deploy applications faster and flexibly. 

The evolution of cloud-based development has been driven by a commitment to simplifying complex tasks, reducing costs, and empowering businesses to focus on innovation rather than infrastructure management. Engineering courses like online software engineering degree programs are adapting to this paradigm shift, providing aspiring developers with the skills and knowledge necessary to excel in this dynamic and cloud-centric landscape.  

This evolution continues to shape the future of software development, offering new possibilities and efficiencies for businesses across industries. Today, cloud-based development is synonymous with digital transformation and is essential for businesses striving to stay competitive in the digital age. A 2022 Google survey found that nearly half (41.4%) of tech and business leaders plan to increase their use of cloud-based services in response to the current economic climate. 

Cloud technology for cybersecurity | Comidor Platform

Key Concepts in Cloud-Based Application Development 

Scalability: Cloud-based application development can be scaled horizontally (by adding more servers) or vertically (by increasing the capacity of each server). This allows you to easily accommodate changes in demand, such as during peak traffic periods or when you launch a new mobile application. 

Cost-efficiency: Cloud-based development can save you money on hardware, software, and maintenance costs. You also don’t have to worry about hiring and managing an extensive amount of IT staff. 

Accessibility: Cloud-based development allows developers to work from anywhere, improving productivity and collaboration. It also makes it easier for businesses to reach a global audience. 

Flexibility: Cloud-based application development offers a wide range of services and tools, so you can choose the ones that best suit your needs. This can help you save time and money and give you more control over your development environment. 

Security and compliance: Cloud providers invest heavily in security measures, such as encryption, identity and access management, and threat detection. This helps to protect your data from unauthorized access, modification, or destruction. Cloud providers also often comply with industry-specific regulations like HIPAA and PCI DSS. 

Types of Cloud Solutions 

Cloud-based application development is not a one-size-fits-all solution. There are various approaches and paradigms, each with advantages and best use cases. The following are the different types of cloud solutions. 

 

SaaS trends

2023 SaaS Trends (Source: FinancesOnline)

Software as a Service 

SaaS is a fully managed service where the cloud provider hosts and maintains the software application, and users access it online. Statista reports that SaaS is the market leader for 2022, securing a commanding 56% share of total revenue. This is the most popular cloud service model and is ideal for applications that do not require customization or complex IT infrastructure. 

Platform as a Service 

PaaS provides a platform for developers to build, deploy, and manage applications. The cloud provider provides the underlying infrastructure and system maintenance so developers can focus on solution development. This is a good choice for developers who want to create custom applications without the hassle of managing infrastructure. 

Infrastructure as a Service 

IaaS provides virtualized computing resources over the internet. Businesses have greater control over their IT infrastructure with IaaS, allowing them to customize their virtual environments to meet specific requirements.  

This is a good choice for businesses that require more control and flexibility, such as those running complex cloud-based application development workloads or hosting websites. 

Benefits of Using Cloud-Based Application Development in Your Business 

Now that we understand the fundamentals and various approaches to cloud-based development, let’s delve into the tangible benefits it offers businesses.

1. Cost-efficiency and Resource Optimization 

Cloud-based application development offers a pay-as-you-go pricing model, which can help you save money on infrastructure costs. You can also optimize your spending by using only the resources you need. 

2. Scalability without Upfront Investment 

Traditional infrastructure requires significant upfront capital expenditure to scale resources. In contrast, cloud-based development allows you to scale resources on-demand without substantial upfront investment. This scalability aligns your costs with actual usage and growth. Also, this ensures that your application can handle fluctuating workloads efficiently and cost-effectively.

3. Enhanced Disaster Recovery and Data Backup 

Cloud-based development provides robust disaster recovery and data backup solutions. Your data is securely stored in redundant data centers, reducing the risk of data loss due to hardware failures, natural disasters, or other unforeseen events. This ensures business continuity and minimizes downtime. 

4. Improved Collaboration and Remote Work 

Cloud-based application development facilitates collaboration among geographically dispersed teams. With cloud-based tools and services, team members can work on the same projects in real time, share resources, and access critical data from anywhere. This flexibility enhances team productivity and supports the growing trend of remote work. 

5. Rapid Development and Deployment 

Cloud platforms offer development tools and pre-built services like databases, authentication systems, and AI capabilities. These resources can significantly accelerate the development process, allowing you to market new features and products faster. 

6. Automatic Software Updates and Maintenance 

Cloud providers handle software updates and maintenance, ensuring your applications and infrastructure run on the latest versions. This eliminates the burden of manual maintenance tasks and frees your IT team to focus on strategic cloud-based application development projects rather than routine upkeep. 

7. Data Analytics and Insights 

Cloud-based applications can easily integrate with powerful data analytics and machine learning services. This enables businesses to derive valuable insights from their data, make data-driven decisions, and gain a competitive edge through predictive analytics and business intelligence. 

8. Competitive Advantage 

By embracing cloud-based application development, businesses can stay competitive in today’s fast-paced market. They can quickly adapt to changing customer demands, experiment with new features, and pivot when necessary without the constraints of legacy infrastructure. 

9. Enhanced Security Features 

Leading cloud providers invest heavily in cloud security measures, including encryption, identity and access management, and threat detection. Leveraging these built-in security features can help businesses enhance their security posture and protect sensitive data. 

10. Green and Sustainable Computing 

Many cloud providers are committed to sustainability and use energy-efficient data centers. By moving to the cloud, businesses can reduce their carbon footprint and contribute to a more environmentally friendly IT ecosystem. 

Incorporating these additional benefits into your cloud-based application development strategy can profoundly impact your organization’s efficiency, competitiveness, and resilience in an increasingly digital world.

Cloud-based App Development infographic | Comidor

Future Trends in Cloud-Based Application Development 

The future of cloud-based application development is exciting and filled with opportunities: 

Edge Computing 

Edge computing brings computation closer to data sources, reducing latency and enabling real-time processing. This trend is crucial for applications requiring low-latency responses, such as IoT and augmented reality. 

Quantum Computing 

Quantum computing has the potential to revolutionize cloud-based application development by tackling complex problems that are currently infeasible for classical computers. It’s still in its infancy, but its impact on software development could be profound. 

Containerization 

Containers are becoming a standard for packaging and deploying applications. They provide consistency across environments, making developing, testing, deploying, and monitoring the performance of applications in different cloud environments easier. 

Embracing Cloud-Based Application Development 

In conclusion, cloud-based application development isn’t just a technological shift—it’s a transformative force driving the future of software development. Your business can stay at the forefront of the ever-evolving software landscape by understanding what it entails, exploring different cloud solutions, and harnessing its benefits. 

Embrace cloud-based development to ensure your software endeavors are efficient, scalable, and globally accessible, positioning your organization for success in the digital age. 

Transform your vision into reality with cutting-edge custom software solutions today!

The post Cloud-Based Application Development and the Future of Software Development appeared first on Comidor Low-code Automation Platform.

]]>
Process Intelligence Benefits for Enterprises https://www.comidor.com/knowledge-base/business-process-management-kb/process-intelligence-benefits/ Wed, 23 Mar 2022 14:52:43 +0000 https://www.comidor.com/?p=33442 The post Process Intelligence Benefits for Enterprises appeared first on Comidor Low-code Automation Platform.

]]>

Today’s data systems generate an unparalleled amount of information from physical and digital sources. When properly consumed, analyzed, and merged, the wealth of information can be utilized to identify patterns and gain insights that can guide you to better customer experiences and more efficient operational workflows.  

Process Intelligence Benefits 2 | ComidorIn the business world, process intelligence is becoming an increasingly important tool for success. What is process intelligence, and why should your business embrace it? In this article, we will discuss the benefits of process intelligence and how to implement it in your own organization. 

What is Process Intelligence? 

Process intelligence is a method of analyzing data to identify trends and patterns. The goal is to improve business performance by eliminating inefficiencies, reducing costs, increasing productivity, improving customer service levels or all four at once! Process intelligence can be used for almost anything from marketing campaigns to manufacturing processes – any time you want better results without spending more money. 

Process intelligence isn’t just about identifying problems; it’s also about finding solutions. For example: if your sales team is struggling with lead generation then using process analytics might reveal that the outreach emails aren’t getting any responses because customers don’t interact with them. By analyzing data in this way, you can make critical changes that will improve your results. 

Process Intelligence Benefits 1 | ComidorWith a process intelligence solution, you’ll be able to discover, manage, and understand the execution of business processes much more effectively than you otherwise would have. As a result, it can enable you to reach and maintain a higher level of productivity. To this end, here are some of the benefits that it can yield for enterprises.  

Process Intelligence Benefits 

1. Process visualization 

The most notable benefit of process intelligence is that it can help gain a greater understanding of your enterprise’s operations. For example, with a transparent, visual model of workflows, you’ll determine the bottlenecks causing inefficiencies and delays and how to address these concerns. In other words, it allows businesses to find problem areas that they would have otherwise missed to improve upon them.

2. Accuracy 

Apart from shedding light on areas that may require improvement, these platforms can help you better understand how the existing processes operate. Process intelligence provides accurate insights into how processes are performing and helps in decision-making for future enhancements.  It can be applied to many types of enterprises, such as manufacturing, distribution, retail, and logistics. 

3. Cost optimization   

When obstacles are eliminated, and the processes are efficient, operational expenses are effectively reduced as well. This is integral for any business since its outlays determine profit margins. And by lessening the financial load of the company, it’ll offer you more opportunities to make more investments to support the growth of your enterprise. 

4. Automation 

Another advantage of process intelligence is that it generally combines artificial intelligence modeling with cross-application information collection to provide a greater level of information. This means that you’ll have more accurate data on hand, which will allow you to automate tasks and processes end-to-end with an Intelligent Automation Platform , and have a significant impact on your company. 

Criteria for Choosing the Right Process Intelligence Platform 

No one can deny the importance of having a process intelligence platform. However, with so many available platforms, it can be a complicated affair to choose the right one. To help you out, here are some of the criteria you must keep an eye out for: 

  • Data indexing and collection. The first element to consider when selecting a process intelligence platform is its capacity for collecting data. All businesses will have multiple endpoints from where it accumulates machine data. Over time, they’ll expand with the information it gets. And it must be capable of collecting data from every system within the cloud and the premises. 
  • Data Visualization. The platform’s ability to define and index data, perform complex integrations, and make the information searchable through unified dashboards should also be considered. After all, it’s how you’ll derive value from it. The way it visualizes the data and connects it with multiple sources is critical because the performance needs of a business will vary across different units and departments. 
  • Ease of scaling. Process Intelligence platforms should be simple to deploy and easily scalable for meeting the enterprise’s evolving needs. 

Steps for Effective Process Intelligence Implementation 

The first step in implementing process intelligence is to define your goals. What do you want to achieve? Once you have a goal, you can identify the data and processes you need to track in order to measure progress. This might include things like website visits, customer complaints, product defects or sales leads. 

Once you have the data you need, it’s time to analyze it and find patterns. This is where process intelligence comes into play. Process intelligence tools can help you spot trends that would otherwise be difficult for humans alone – such as when sales drop off during certain months each year or if there are spikes in customer complaints about a particular product feature. 

Finally, use your findings to make adjustments and improve processes. If you’re seeing dips in sales during specific months, then you might want to adjust your strategy accordingly with offers tailored towards those times of year when customers are less likely to buy. 

The process intelligence cycle doesn’t end here though – once improvements have been made, it’s time for another round of data collection and analysis so that you can continue iterating on your process improvements indefinitely. 

Conclusion 

Whether you’re a B2C or B2B business, you can always benefit from a process intelligence platform. However, you must make sure that you choose the right solution so carefully consider the factors listed above. They’ll guide you to the one that will best meet your needs. 

About the Author:
Mocca Bajao is a Digital PR Specialist at Thrive who enjoys writing about SEO, tech, and business.  

It’s all about processes and performance

The post Process Intelligence Benefits for Enterprises appeared first on Comidor Low-code Automation Platform.

]]>
IoT Platforms Overview: Key Components, Features, and Applications https://www.comidor.com/knowledge-base/hyperautomation-kb/iot-platforms/ Tue, 18 Jan 2022 13:39:41 +0000 https://www.comidor.com/?p=32763 The post IoT Platforms Overview: Key Components, Features, and Applications appeared first on Comidor Low-code Automation Platform.

]]>

IoT or the Internet of Things is a network of tangible items that are connected to the internet and can be accessed remotely and controlled at any time from any location. IoT platforms brace the access point, data network, and hardware together to the end-user application.

Key Components of IoT Platforms 

The key components of the IoT platform include; 

  1. Hardware – it is the microcontroller with wireless connectivity which is responsible for running and withholding any application. 
  2. Hub level –  the software that acts as a communication bridge between IP-connected cloud and IP non-connected cloud. 
  3. Cloud hub level– it is the part from where the data is sent from devices, to be formatted for output. It allows to remove software updates and to control devices remotely. 

Features of IoT Platforms 

IoT platforms facilitate the purpose of connecting, communicating, and controlling various things. An effective IoT platform acts as a link between machines, applications, devices, and people thus maintaining interconnectivity. 

There is such a wide range of capabilities and features available on the IoT platforms based on the unique goals of organizations and unique users. Some of the main features are:

  • Safety:

IoT platforms, these days, come with built-in security features. They offer privacy and identity management by providing end-to-end security mechanisms across networks, devices, and cloud services. Data integrity, additional protection for certain proprietary data types, privacy protection, authentication, encryption, and identity are all part of the security wing of an IoT platform and can function at different levels.

  • Connectivity:

Connectivity is an integral part of any IoT system. At a basic level, an IoT platform is easy or uncomplicated as a software infrastructure that facilitates and oversees connectivity between physical world objects. Solid connectivity management ensures the security of various IoT devices and administration of effortless integration of multi-protocol, multi-network connections even in this complex environment of connectivity.

In addition, each IoT platform consists of a layer of connectivity that provides different services. These include data collection, monitoring, control, and asset management.

  • Horizontal management:

Mostly, enterprises and organizations work with multiple agencies, all of which work in seclusion and concentrate only on their requirements. Each vertical can create its custom solution by creating a segmented and inefficient model for operation and development. A horizontal management IoT platform lets an organization incorporate connectivity data collection, analysis, business application development, and service management.

  • Real-time Analytics:

When the Internet of Things platform displays real-time analytics, and when it flows through the system, it visualizes and contextualizes the data. It allows an organization to keep an eye on its devices, understand performance, usage patterns, and also identify privacy issues and unsafe situations in advance along with availability. In short, real-time analytics manages devices and ensures security and performance as resourcefully as possible.

Real-World IoT Applications 

iot images-06-min | Comidor1. Wearables

Wearable technology is a well-known application of IoT. Heart rate monitors, fitbits, and smartwatches are commonly used examples. 

2. Smart Home

Implementation of IoT in the home resulted in the idea of ‘Smart Homes’. The best examples are Jarvis; a smart home with innovative features introduced by Mark Zuckerberg and Allen Pan’s Home Automation System where the house functions on a string of musical notes.

3. Health Care

IoT applications can turn medical-based technologies into wellbeing applications. The sources used in current medical research do not have conclusive real-world information. It mostly uses survivor data, restricted environments, and volunteers for medical testing. It provides access to important data through research, real-time field data, and evaluation.

4. Smart Cities

The concept of a Smart City is different for each city and the application of IoT affects each city differently. It can help the government and engineers to analyze complex factors of each city such as town planning, waste control, water management, parking management, and emergencies. The best example is the Smart City Palo Alto, which has sensors installed at the parking ground to guide the drivers.

5. Agriculture

With the growing population, it is necessary to merge agriculture with technology to obtain the best results. There are possibilities such as Smart Greenhouse where farming Greenhouse farming method increases crop yield by regulating environmental parameters and more. Not only does this make it easier to monitor greenhouses with embedded devices, but it also allows them to regulate the climate inside.

6. Industrial Automation

With IoT applications, products and their packaging can be re-engineered to deliver better performance when it comes to cost and customer satisfaction. IoT has the capabilities to bring about great changes with the right solutions for all the following areas.

  • Digitalization of Factory
  • Monitoring Product flow
  • Managing Inventory
  • Safety and Security
  • Quality Controlling
  • Optimizing packages
  • Optimization of supply chain and logistics

Choosing the right IoT Platform

Choosing the right IoT platform might be complicated due to the numerous options and vendors available.

iot images-07-min | ComidorWhen selecting an IoT platform, one should not just consider technical capabilities but look beyond them. One needs to have an eye on technical, business, and operational capabilities as a combination as they align with company strategies and where one stands in their product adoption lifecycle.

For Instance, if you are at the start of your journey, you should pay more attention to IoT platforms that can build and test prototypes very quickly. You should not worry about scalability, cost, and features at this stage. Moving up the ladder you should gather the rest of the factors to focus on like the market fit and scale.

5 crucial areas to consider while choosing the right IoT platform:

1. Trustworthy vendor: It’s very important to evaluate the vendor’s reputation, stability, financials, and track record before taking the leap.

2. Large ecosystem: Many leading IoT platform providers have a strong partner ecosystem as they commonly don’t do hardware in-house.

3. Access: Always choose a provider that gives you admission to the maximum of the functionality.

4. Vendor: Select a vendor that has expertise in your industry. Having the best solution to handle your data and analytics is an advantage. Some vendors also assist with techniques in complying with industry regulations.

5. Robust onboarding: Always pick companies that have a strong solutions department that can coach your team, and give you a clear understanding during the POC (proof of concept).

Benefits of IoT Platforms

The IoT platform is the heart of smart devices. Listed below are reasons why one needs to use IoT platforms.

iot images-08-min | Comidor 1. It helps to validate a business case much earlier and get to the market quickly

The primary goal of your project is to validate your business case and present it to your partners. Business case verification should be done as soon as possible – before initiating intensive engineering efforts. Many IoT systems enable you to create proof-of-concept prototypes in a relatively short time. Having prototypes in the target user’s hand allows you to quickly verify a business case and take advantage of customer feedback quickly.

Once the validation is completed, it is a goal for any product to hit the market as soon as possible. Customers are always excited to get their hands on the product and your competition will always be equally closer.

2. Improve operations, productivity, and efficiency

IoT consists of a range of physical and digital devices connected to the internet, across the globe. This enables gathering and sharing data from one point to another, in no time and without any hindrance. This process not only increases the overall productivity but also allows companies to gather more and more data in no time. Moreover, the efficient functioning of the IoT platforms minimized the cost of energy and saves time.

3. It offers vital features for your project

It’s obvious for an IoT platform to have unique features and a couple of common features. IoT platform includes the following features:

• Low-power operation
• Long distance, unattended networking
• Ease of installation
• Integration with third-party software
• Device management
• User management
• Software updates
• Push notifications or email alerts

4. It reduces costs and risks

IoT projects are naturally risky but they can considerably lessen the risk and cost of the project as the IoT platform vendor can absorb the technical risk.

Wrap Up

To wrap up, IoT is advancing and is continuously building its networks over time. By merging hardware and software to the internet, IoT is building a smarter world. It has been offering a multitude of opportunities for business and government. It’s time to start seeing the real possibilities of this technology.

Author bio:
Mubarak Musthafa is Vice President of Technology & Services at ClaySys Technologies.

Explore Comidor Low-Code and HyperAutomation Platform

The post IoT Platforms Overview: Key Components, Features, and Applications appeared first on Comidor Low-code Automation Platform.

]]>
Workflow Automation Definition https://www.comidor.com/knowledge-base/business-process-management-kb/workflow-automation-definition/ Tue, 23 Nov 2021 05:25:40 +0000 http://192.168.1.9:8888/?p=428 The post Workflow Automation Definition appeared first on Comidor Low-code Automation Platform.

]]>

No matter its size or nature, every business runs on a set of core processes – operational tasks and activities critical to meeting its goals. So, businesses are made up of everyday tasks used to complete goals. However, when those tasks are not standardized, they can lead to more errors, redundancies, and unhappy customers. Business performance is hindered and objectives become hard to achieve. That’s where workflow automation comes in. Workflows are designed to assist businesses in streamlining tasks, and processes and improving their overall results. When these processes are well implemented and well-structured, a business increases its growth potential and gains a competitive advantage. So, what is a workflow, and why is workflow automation important for your business? Keep reading to learn more.

What is a Workflow? Workflow Definition

A workflow is a group of successive actions that lead to the completion of a goal. The process must have steps that are pre-defined in order to become fully automated. Each step depends on the previous creating a sequence of actions that alternate.

It can be applied to anything from creating a content calendar, receiving an order, or automating the employee-onboarding process.

A workflow is often used to describe the sequence of steps in business operations, such as the stages involved in manufacturing an item or providing a service.

The need for workflow automation is rising as more and more businesses map their business processes using workflow automation tools.

What is Workflow Automation

Workflow automation is the use of intelligent software to streamline time-consuming, repetitive manual tasks. With an automated solution, users can build unique workflows using visual, drag-and-drop interfaces and logic-prompted triggers, eliminating the need for human intervention. To shed light on workflow automation definition, imagine it as a procedure in which business rules are applied to workflows to decide when one step has been completed and the execution of the next can begin. The right person will be notified at the right time about what has to be done and in what order. It is the automation of the predictable steps of a repetitive process so they no longer have to be done manually. The manual processes are improved and replaced with digital solutions in order to support the needs of digital businesses.
workflows and processes | Comidor

Types of Workflows

Workflows can be divided into several categories. They are initially categorized based on the tasks that they include:

  • Sequential. In this kind of workflow, many tasks are carried out sequentially to finish a process. A typical workflow for an approval process involves completing one task before moving on to the next.
  • Parallel. With this method, various actions are taken on at once to advance a process toward completion. Because numerous people work on the activities of a new recruit, the workflow for employee onboarding frequently uses a parallel method.

Workflow Diagram

As you learn how to create a workflow, you may notice other businesses utilize workflow diagrams. A workflow diagram is a visual representation of the business process.

With a workflow diagram, you can clearly see how tasks are connected and create a step-by-step flowchart for process completion. You can use this diagram to rearrange your current process or identify where common bottlenecks are. Workflow diagrams also outline what team member is responsible for each task, which ultimately can improve communication and collaboration within teams.

As your business grows or more bottlenecks begin to emerge, you can review your diagram workflow to determine where improvements can be made. If there is a common problem in your process, you’ll be able to visualize where a solution can be placed or if your process can be rearranged to correct the issue.
what is workflow automation infographic

Workflow vs. Process

Once you understand what a workflow is, you may be wondering what the difference between a workflow and a process is. A workflow is not the same as a process. Though these terms are often used interchangeably, a workflow is actually a part of a business process.

A workflow is a sequence of repetitive actions that complete a business goal. A business process, on the other hand, includes the workflows, people, and data that are needed to complete a given project.

What should you consider when building a workflow?

When creating a workflow, you’ll want to consider what steps are required for the process completion, who should be involved in a workflow, and the average time it currently takes to complete each task. This can help you better understand your overall business process, where you can make improvements to save time, and who plays an important part in each project.

workflow automation image | Comidor

With workflow automation technology, you can easily create a workflow, set rules, and use intelligent tools for effective task completion. We’ll discuss workflow automation later on.

Benefits of a Workflow

Let’s take a look at why workflows can be such a beneficial part of your business. Benefits of creating a workflow include:

  • Eliminate redundancies. You may realize as you create a workflow diagram that your current process involves steps that complete the same task in different ways. You can combine these tasks or eliminate one to save time.
  • Enhance collaboration. A workflow can clearly define who is responsible for which steps in the task completion process. Team members will know who to turn to immediately when an issue arises.
  • Create transparency. In addition to collaboration, there is full transparency in the process. Every team member can understand which workflow tasks are completed, which are still running, or are scheduled to be done.

Though creating workflows can be time-consuming at first, the automation of these workflows can ultimately save your business time and money. Learn more about how to automate your workflows below.

Workflow Automation Benefits

The investment in workplace automation software is more than justified by the multiple benefits of this technology-driven approach. Here are five of those benefits, and what they mean to your organization.

1. Boost Productivity

According to research by McKinsey & Company, around one-third of responsibilities associated with 60% of jobs can be automated. By designing workflows to handle these essential but simple tasks, significant time savings can be made and productivity boosted.  

With the burden of such jobs removed, employees can turn their attention to those tasks that require critical thought and problem-solving, encouraging innovation and speeding up the decision-making process. Not only that, an intelligently designed workflow will prevent communication bottlenecks and mislaid messages, since all documentation is tagged to a specific workflow and readily available to key stakeholders. With information shared so efficiently, projects move at a faster pace. 

Essentially, workflow automation reduces the time frame of any business process, whilst raising the standard to which it’s completed.

2. Reduce Errors

Be it down to oversight, sloppiness, or misunderstanding, inaccuracies in any process can have damaging consequences: 

  • Significant time delays 
  • Unforeseen costs 
  • Low customer satisfaction 
  • Serious compliance issues 

Of course, no business is perfect, and mistakes will happen, but by turning to technology to run automated workflows, you reduce the potential for human error in data-based tasks. You’ll also find it easier to identify the root cause of a problem should one occur – giving you the insight you need to prevent it from happening again, and a documented trail of both the error and correction process. 

Whilst it’s impossible to eliminate errors, with workflow automation you can mitigate the risk and ensure accountability.

3. Improve Operations

As well as increasing productivity across your organization, workflow automation also introduces operational efficiencies. Process improvement is an essential part of business growth. As mentioned above, having a set workflow can help you identify issues and quickly brainstorm and implement solutions. For example, centralized communication through an enterprise collaboration platform allows separate departments to collaborate seamlessly, ensures critical announcements are received company-wide and gives a digital trail of every relevant interaction. 

 It also allows for transparent planning and execution. Everyone involved in a particular process can see what actions are to be taken and when, and are automatically notified when those actions are complete. 

Another operational advantage of workflow automation is that you can easily monitor and evaluate performance. You get a clear view of how effective current processes are, which would be hard to obtain with a manual approach. You can then use this insight to eliminate redundant tasks and reduce friction, further streamlining operational activity. By improving your workflows, you are improving your customer satisfaction. A streamlined process, increased productivity, and reduced errors lead to higher-quality products or services at a faster rate.

4. See Cost Savings

Reducing unnecessary spending is crucial to the bottom line of any business and workflow automation can bring substantial cost savings, most notably staffing costs. Time is money. The less time spent on routine tasks, the less money your business has to spend on overhead costs and prolonged project completion. With automation platforms taking care of day-to-day tasks, you need fewer people on the payroll, reducing spending on staff wages and the expense of recruitment. 

You’ll also see cost savings associated with the other key benefits of workflow automation: 

  • Boosted productivity 
  • Reduced error rate 
  • Improved operations 

As a bonus, automated workflows can be left running 24/7, keeping your business operational round the clock. 

 To give some perspective on what’s achievable, a report by Deloitte found average cost savings of between 25% and 40% for businesses running intelligent workflow automation.

5. Scale Up Faster

Workflow automation can help you grow your business at scale and increase profitability. Consider this – if you take a manual approach to time-consuming tasks, you have two options for business growth. You can increase your workforce, the cost of which will dent any profit, or you can increase workload, affecting employee satisfaction (likely to result in an increased error rate and lower productivity). 

With workflow automation, you can scale up quickly and efficiently without overworking your current teams or expanding them. You’ll also find most workflow automation solutions are designed with scalability in mind, allowing you to increase or reduce capability in line with business needs. 

Workflow automation creates consistency and can be applied to any business department and interdepartmental. Workflow automation can be applied through business process management (BPM) tools with workflow management capabilities.

workflows and processes 2 | ComidorComidor Workflow Automation

Technology has and will continue to bring significant gains to the business world, and workflow automation is no exception. With the right system in place, you can lower overheads whilst simultaneously driving competitive advantage through productivity, innovation, and operational excellence.  It’s key to growth in the business landscape of today, and as it is so versatile in its application, workflow automation can be leveraged by almost every department in your organization, no matter what type of organization that may be. 

With Comidor, creating and automating workflows has never been easier. Our BPMN 2.0 Comidor Workflow Designer allows you to create and implement workflows that match your business needs. Our visual road-mapping tool helps you understand and organize your workflows for optimal completion. Add role-based rules and rights to your workflow so the right people are notified as tasks become available or are completed. Comidor’s intelligent automation technology can help your business produce the results you need for incredible growth.

Request a demo of our workflow automation software today to learn firsthand how you can improve your business processes!

Automate end-to-end workflows
with the power of Low-Code

The post Workflow Automation Definition appeared first on Comidor Low-code Automation Platform.

]]>
What is Digital Transformation? Definition and Strategies  https://www.comidor.com/knowledge-base/hyperautomation-kb/what-is-digital-transformation/ Fri, 22 Oct 2021 14:59:17 +0000 https://www.comidor.com/?p=32204 The post What is Digital Transformation? Definition and Strategies  appeared first on Comidor Low-code Automation Platform.

]]>

Many organizations are now looking to digital transformation as a way to stay competitive in today’s digital environment. The new digital normality introduced novel innovations and changes in the market of both technological solutions and services. For instance, we witness a sudden twist in how customers connect with their favorite technology brands. Consequently, businesses had to respond. In an unexpected turn of events, those who have managed to implement digital transformation into their business model were more likely to succeed. Digital transformation is a process that is not easy, but it needs to happen. It will change the way you do business and how you connect with your customers.

Before we look at how businesses are becoming competitive through digital transformation, let’s establish a clear definition of what digital transformation is.

What is digital transformation? 

Simply put, digital transformation is the process that involves the implementation of new digital technologies into all areas of business, to improve business processes and customer experience. It goes beyond updating your equipment and expanding your operations: it transforms an organization’s business model and the way it interacts with customers, employees, suppliers, and partners. In other words, digital transformation is a fundamental change in how a business is run, how it is managed, and its operation. As said before, it is an opportunity to create or transform a business model. It changes the management structure, the way its customers can access the business, and the corporate culture, too. 

Finally, digital transformation is not a buzzword. It is a fundamental business imperative that every company in every industry must embrace to remain competitive. Successful digital transformation requires organizations to rethink their value chain and create new customer experiences as they design new products, services, and processes.

How do I achieve digital transformation in my business? 

There are many digital transformation strategies available for any niche on the market. However, most of them revolve around six important points that you should consider before attempting to alter your business model. If you are unsure whether the digital transformation is a viable option, read why now is the perfect time for a digital transformation and then proceed. 

Digital transformation strategy | Comidor Platform

  1. Laws and Regulation 

Laws and regulations play a significant role in encouraging businesses around the world to embrace digital transformation. You should understand how the legal system functions in your country before even attempting to execute a digital transformation strategy. In the data-driven world, we live in, a big chunk of the work to be done relies on collecting and processing data on your customers as well as your competition. Some laws may prevent you from doing this and halt your progress. On the other hand, there may be a legal framework that inspires businesses to adopt new technological advances. Finally, this legal framework may provide more security and affordability, thus, supporting innovation initiatives. Understanding what you can and cannot do is a vital step toward a successful transformation. 

2. Understanding Your Current Position in the Market and Within the Tech Sector. 

  • What is my market cap?
  • Can it be expanded? 
  • Is there any competition in my sector? 
  • If yes, how saturated is the market? 
  • Are there any market segments that have not been addressed yet? 
  • Are there any product/service-related gaps to be filled? 

Answering these questions is a good way to start. If you are a start-up, these questions sound all too familiar, but answering them with the goal of digital transformation in mind can offer a new perspective and yield new answers. Understanding what the market needs and what new services and products you can offer can push towards sustainable high performance. 

3. Understanding Your Business Processes 

Understanding your business processes is a must. The management structure, the research, and the execution of any decisions in offering a product or service are all areas that digital transformation can reinvent. A great example is purchase orders. Let’s suppose that one of your employees needs new equipment. The previously, manually performed process can now be automated using an automation platform, thus, achieving a complete business digital transformation. Employees don’t need to go from one office to another to ask for order approvals and handle multiple paper-based or huge Excel files to fetch data. Order files are generated automatically, using RPA tools, and are sent to the right vendors via email within minutes. Typography errors are eliminated, time is saved, manual tasks are avoided and productivity is increased.   

 4. Understanding Your Customers and Data Related to Them

Data collection and analysis are an integral part of a digital transformation strategy. It goes beyond the standard demographics of age, sex, race, and income bracket and expands into habits, detailed profiling, behaviorism, and predictions based on historical movements with the assistance of cognitive automation technologies. For example, AI systems allow businesses to analyze purchasing behavior and delivery preferences, making future suggestions based on historical data and findings. Another great example is Amazon: they have reinvented the supply chain, understand their customers very well, make personalized suggestions, and have managed to utilize digital technologies to reinvent delivery as well: same-day delivery is becoming a reality across the USA. 

5. Building a Reliable Digital Transformation Strategy

Now that you know where you are and where you should head and how to get there, it is time to customize a digital transformation strategy. Consider what innovation you can bring to the market, and what digital solutions you may need to understand your clients better. Lastly, think of how your technology can make them more satisfied. Think of NIKE – their customers can design their shoes – a mass approach with an individual aspect to drive the change and development of their products. Not only that, but NIKE can expand on designs created by their customers rather than start from scratch every single time. 

Another example worth mentioning is the case of one of our clients, McKesson. McKesson, the global leader in healthcare, was looking for an automation solution to automate a manual, inefficient invoice approval process that was until then based on an Excel template. Comidor solution, which was built in 14 days, was a powerful workflow with RPA capabilities. After the implementation of our solution, McKesson achieved full visibility over each approval request, and instant, real-time accessibility to invoice details. 

Why Digital Transformation Matters | Comidor Platform

Final Thoughts – Why Does Digital Transformation Matter? 

You should understand that digital transformation is not about switching from cold calls to cold emails and handing out the newest iPhones to all your employees. It is not a substitute or an expansion of what you already offer to the customers. Still, it is rather a way to reinvent your production process with digital technologies as the backbone of the new model. These digital solutions can ensure that you have exactly the cues you need to accelerate your business. 

Achieving digital transformation with Comidor No-Code/Low-Code Hyperautomation platform  

No-Code/Low-Code Hyper-Automation platforms enable rapid and lasting transformation within your business. You need to specify your business needs and find the best solution that offers the features and functionality you require. That’s where the Comidor platform comes in. We offer powerful, intelligent process automation solutions that accelerate your business digital transformation.   

Schedule a call with our expert team and get an inside look at our advanced automation features. 

Author
Donald Fomby is an IT enthusiast. He outsources most of his work and focuses on observing and improving the workflow at Online Writers Rating. In his spare time, he codes in HTML and works on his WordPress projects.  

Enable digital transformation with Hyper-Automation technologies

The post What is Digital Transformation? Definition and Strategies  appeared first on Comidor Low-code Automation Platform.

]]>
What is Workflow Management? Definition and Common Features https://www.comidor.com/knowledge-base/hyperautomation-kb/workflow-management/ Fri, 20 Aug 2021 14:07:37 +0000 https://www.comidor.com/?p=31074 The post What is Workflow Management? Definition and Common Features appeared first on Comidor Low-code Automation Platform.

]]>

Every team in your company has certain processes they follow to complete their work. But how do you keep track of all these workflows and ensure they’re optimized to the highest functionality? That’s where workflow management comes in.  

Read on to learn what is workflow management and why automating your workflows may be the best decision for your organization.  

What is Workflow Management? Definition

Let’s define what a workflow is. A workflow is a set of steps, or a process, created to produce the desired end result. Each team member is assigned certain tasks within the workflow in order to achieve a successful process. 

Workflow management, then, is the concept of improving and automating your workflows to ensure they are fully optimized. This management often begins with identifying which tasks are repetitive and should be automated as well as finding where improvements can be made.   

Workflow management has been made simple with the invention of workflow management systems (WfMS). These systems are used to automate workflows by storing and transporting important data through each task until the entire process is completed. We’ll discuss the features of the WfMS tool below.  

productivity-and-automation | ComidorWorkflow Management System (WfMS) Features 

Workflow management systems come equipped with an extensive list of features that can help you automate your workflows, save you time and resources, and drive higher-quality results. We’ve listed just a few of these beneficial features below.  

1. Low-Code/No-Code 

Many workflow management system tools use a Low-Code/No-Code approach. This means that users are able to create and implement automated workflow applications with little to no coding necessary. By using this type of development platform, anyone in the business is able to design or adjust workflow applications with ease. You won’t need to wait on your IT department to build an entire workflow or make necessary changes to existing workflows in order to complete your work. 

In addition, WfMS software often utilizes the drag and drop functionality to make your work easier. Once you’ve built your workflow using this simple tool, you can easily manage and adjust your workflows later on with the click of a button 

2. Cloud Development Platform Operation 

Cloud technology is an ever-growing technological trend. By using cloud technology, you can build your workflows and share them across your company in one convenient location. You’ll also be able to pull your workflows from the cloud and import them into a local system when necessary. All of your information can be readily accessible with this cloud development platform 

3. Mobile-Friendly Interface 

Use your workflow management system anytime and anywhere with its mobile-friendly interface. Whether you want to check in on processes while on the go or need to update a client on the status of your workflow during an important meeting, you’ll have access to it at your fingertips.  

4. In-Depth Reporting 

Tracking your workflows and analyzing results is an essential part of making process improvements. With workflow management systems, you can track key performance indicators (KPIs) and find where your workflow is excelling and where improvements can be made to increase quality results.  

5. Notifications & Reminders 

As tasks are completed and sent off to the next team member, the workflow management systems’ notification and reminders features will be vital. Instead of manually checking where tasks are and trying to find the next task, team members will be notified that a task has been assigned to them. They’ll also receive reminders of upcoming due dates for optimal prioritization, so overdue tasks can become a thing of the past.  

6. Process-enabled applications 

Sometimes workflows require connection with applications to fully complete the job. With a tool like WfMS, that’s not a problem! You’ll be able to integrate other applications right into your customized workflow to make completing tasks and handling company communication easier.  

7. High-Level Security 

Like many automation platforms, workflow management systems offer their own unique high-level security systems. Some of these systems may even include additional safety features such as authentication and customizable access controls. You’ll be able to manage who sees certain workflows or information to ensure that data is being shared with the right people.  

8. Advanced Customization 

Pre-made workflows don’t always work with your company’s needs. That’s why investing in a workflow management system, such as the Comidor Low-Code development platform, that offers customization is essential. You’ll have the opportunity to create custom applications and manage your workflows based on what your company requires.  

9. Company Collaboration 

The final feature we’ll discuss today revolves around company-wide collaboration. Managing workflows is a team effort, so clear and effective communication is key to efficient processes. Using a WfMS tool, you can design workflows intended for optimal communication and enhance your company and team collaboration.  

Features of Top WfMS | Comidor

Achieve Advanced Workflow Management and Automation With Comidor

In the age of digital transformation, automating your workflowis just one step in the right direction. Take workflow automation to the next level using Comidor’s Business Process Management (BPM) software. This automation tool allows you to create workflows and build applications in one place. You’ll gain an overview of your entire company’s workflows and be able to make changes as needed.  

Comidor is ready to introduce you to the technological revolution of workflow management and automation. Contact us today to learn how to integrate our workflow management systems into your business!

* Featured image: Song_about_summer/Stock.adobe.com

Start your workflow automation journey today for free

The post What is Workflow Management? Definition and Common Features appeared first on Comidor Low-code Automation Platform.

]]>
What is Hyperautomation? Definition, Examples, and Insights https://www.comidor.com/knowledge-base/hyperautomation-kb/what-is-hyperautomation-definition-examples-and-insights/ Thu, 05 Aug 2021 11:59:00 +0000 https://www.comidor.com/?p=30886 The post What is Hyperautomation? Definition, Examples, and Insights appeared first on Comidor Low-code Automation Platform.

]]>

In a world so technologically advanced, automating your business processes is quickly becoming the way of the workplace. Hyperautomation takes all of these ever-evolving technological tools into account to streamline, automate and optimize end-to-end business processes.   

So, what is hyperautomation? Read on to learn more about this growing technological trend and why you should be implementing it in your business.  

What is Hyperautomation? 

From a brilliant combination of tools such as Low-Code platforms and Business Process Management (BPM) software emerges hyperautomation. This advanced technological approach goes beyond simply automating small routine tasks and instead lead to the automation of entire business processes.  

According to Gartner, the inventor of hyperautomation, this method can be defined as “a business-driven, disciplined approach that organizations use to rapidly identify, vet, and automate as many business and IT processes as possible.” 

In other words, it is a way to connect people to processes and information in a central automated hub. From project management to marketing processes to enterprise architecture, hyperautomation software like Artificial Intelligence (AI), Machine Learning (ML) and RPA, can automate routine, repetitive processes, provide data to companies through advanced analytics that were previously unattainable, and promote business-wide growth.   

 This technological approach falls in line with the digital transformation that businesses are seeing across all industries. The goal is to eliminate the need for humans to spend time on small daily tasks that can instead be handled automatically by a robot. Ultimately, companies are trying to free up time for employees to tackle larger, more complex tasks during their days.  

Hyperautomation Tools 

Hyperautomation Tools | Comidor Platform

Since this technological method is so advanced, it often works best with a combination of automation tools and platforms to truly automate your business processes. These necessary tools may include:   

This approach to automation can seamlessly integrate into your business and automate manual processes with its hyper-intelligent platforms.  

The Benefits of Hyperautomation 

Investing in hyperautomation can reap plenty of benefits that will assist in the growth and success of your business. Check out just a few of these phenomenal benefits below.  

Rapid Implementation 

With so many platforms and tool options to integrate into your business, implementing hyperautomation has never been easier. You’ll have the ability to build applications and manage your business with little to no coding or additional IT support. Newer cloud-based solutions also offer this hyper-intelligent automation software instantly at an affordable cost. You can begin automating your business processes with the simple click of a button. 

Simple Interface 

Since these automation platforms are powered by Low-Code, you can easily create and adjust applications to fit your business’s ever-changing needs. Drag-and-drop functions simplify the process of application building, or you can turn to AI and RPA that will determine what processes should be automated and create bots to handle those tasks.  

Integrate Key Data 

By using hyperautomation software in your business processes, you can create a centralized database that will hold all of the information your team needs to make decisions and complete their responsibilities. You’ll also have the ability to protect any private information by implementing role-based access rights to users in many of these tools and platforms that hyperautomation relies on. 

Create Connections 

Gain a competitive advantage in your industry by using hyperautomation software to create both customer and team connections. Not only will your team be able to communicate more efficiently, but you’ll also have the opportunity to create a personalized customer experience using hyperautomation solutios. Keep your customers and employees happy with simple, automated systems.  

Improve Results 

Since the goal of hyperautomation is to eliminate the need for humans in simple tasks and speed up complex processes, your business will likely begin seeing faster results. Additionally, with more time to focus on larger-scale tasks and improved communication, your team will be able to produce higher-quality products and services for your customers. You’ll save time and money automating your business processes while keeping customers happy and coming back.  

Hyperautomation examples

Now, we will demonstrate how a hyperautomation approach can effectively be applied to different hyperautomation examples.

1. Hyperautomation for Asset grading

The aim of the asset grading process is to create a system for proper asset evaluation. The whole procedure is growing in complexity due to many factors like reliability, safety, and cost-effectiveness that must be analyzed with accuracy before proceeding to asset framing. Hyperautomation technologies assist the decision-making with supportive ML models that are trained with historical data and minimize the time that analysts spend gathering, selecting, and visualizing data. Furthermore, thanks to hyperautomation, companies gain deeper insights into the actual value of oil and gas assets. At the same time, they take advantage of RPA technologies to create reporting documents with diagrams and real-time workflow data.

2. Hyperautomation for Customer Identification and Verification

Let’s see in detail how a Hyperautomation solution enables businesses to solve customer verification challenges and offer a fast, easy and secure customer onboarding experience. By leveraging hyperautomation, companies verify customer’s identities, reduce financial risks, speed up onboarding and achieve full compliance. The solution by a hyperautomation tool is to provide OCR technology to scan and extract information from customers’ ID files, and finally, store it inside the platform. Moreover, the hyperautomation system performs money laundering checks, by sending a Rest service request to a central Money Laundering database. Based on the evaluation result, a digital contact document with customer data and e-sign is produced with RPA by the system.

3. Hyperautomation for Customer Request Management

Hyperautomation platforms powered with Natural Language Processing (NLP) and AI/ML enable businesses to power their customer service and achieve exceptional customer experience by automating complex requests. How hyperautomation can enhance your customer request management?

  • Public forms for engaging external users to trigger internal processes
  • ML for text classification that assists in request categorization based on historic data and fast decision making
  • AI for analyzing customer’s sentiment and determining whether the customer’s attitude is positive, negative, or neutral
  • Workflow automation with Low-Code for process orchestration and process performance monitoring

Hyperautomation across industries

Hyperautomation is a software that can automate any process and make it more efficient. This software is designed to be used in any industry and can be applied in various areas. Some of the industries where hyperautomation could make an impact are:

Manufacturing

Manufacturing is one of the industries where hyperautomation could make an impact. With the use of AI in manufacturing, people are not only able to produce more but also produce better quality products. There are many benefits to using AI in this industry, such as AI-enabled equipment that can detect flaws and defects before they happen, which decreases the cost and time required for inspection.

Retail

Retailers have already started to use RPA and AI in stores to help customers find products more easily or to assist with inventory management. With AI assistance, retail managers can not only make sure that their staff is trained properly but also reduce their workload. As said before, AI assistants can take care of inventory and supply chain management which are two of the most time-consuming tasks for retail managers.

Healthcare

Healthcare has become one of the most exciting industries to explore in terms of AI. Automation can help with a variety of tasks, such as collecting data, scanning medical records and detecting diseases, scheduling appointments, and providing tips on healthy living.

Finance

Finance is one of the industries that have been most affected by the advent of hyperautomation. Hyperautomation deals with automating repetitive tasks and operations, thereby reducing human involvement and workloads. It is typically used to automate back-office functions such as accounting, reconciliation, reporting, etc., which are not customer-facing or decision-making functions.

Join the Digital Transformation with Comidor 

Stay a step ahead in this period of digital transformation with Comidor. Our innovative and sustainable Low-Code automation solution can streamline your business processes to promote the growth and success of your company. Automate your workflows, build useful applications, and manage every aspect of your business with ease using hyperautomation software.  

 Contact Comidor today to learn how our hyperautomation software can streamline your current business processes and lead to higher-quality results! 

* Featured image: everythingpossible/Stock.adobe.com

Get started with Comidor for free and see in action the combination of Hyperautomation and Low-Code technologies

The post What is Hyperautomation? Definition, Examples, and Insights appeared first on Comidor Low-code Automation Platform.

]]>