Businesses all make a clear observation: the Process mining takes the world by storm. Indeed, they are becoming aware of the potential value of the data contained in their systems. It is process mining that then allows them to exercise control over their data, to ensure the resilience of their business.. However, while many businesses have probably already heard about process mining and some of its benefits, many are not clear on the main reasons why their business needs it.
In this article, we'll show you eight compelling reasons why your business should start using process mining today.
1. Know what's really going on in your business
Most managers think they have a good handle on their business processes. But not everything is as clear in the minds of the employees involved in these processes. Information is in many cases misrelayed, or biased..
By using process mining, you have the opportunity to review all the available data concerning your company's processes. You then get complete coverage of information and no detail is likely to escape you. Process mining therefore helps you to understand what is really happening in your company.
2. Act on facts, not hypotheses
As rational as you may think you are, many business decisions are made on instinct. The latter probably works well for mundane tasks or trivial problems. But do you really want to make an important decision or drive organizational change without reliable data to rely on?
That's where process mining comes in. This technology provides you with the information you need to make the right decisions about your business thanks to 100% reliable data..
3. Making the most of the available data
Many big businesses don't realize that they're sitting on a data goldmine.
Businesses often use tools forbusiness intelligence to try to exploit this data. But accessing it can be difficult, especially if the data is spread across multiple systems. With business intelligence as the only tool, you don't have a centralized overview. Process mining can help your business fill this gap.
4. Monitoring and continuous improvement of our processes
Getting an overview of what's going on in your organization is one thing. Being able to use this information for continuous monitoring and improvement is another. This is where process mining is unbeatable. It allows you to measure the effectiveness of your changes. You can then analyze what is working and what is not working when you change your processes. The effectiveness of your business transformation is therefore improved..
5. Maximize efficiency and minimize risks
Efficiency and risk are probably the most common issues for most businesses. Process mining allows you to identify bottlenecks and create total transparency on your business processes.. Thus, process mining is the ideal solution to solve problems related to efficiency and risk.
6. Erase complexity
The amount of data available in your company's IT systems can be colossal. Trying to make sense of it all can be a daunting task. Process mining solutions like that of our partner UiPath simplify things by presenting you with easy-to-use dashboards for quick analysis.
7. The key to the truth
Share the wealth! Use the information you get from analysing process mining data for reporting purposes. For example, you can give other colleagues access to their own process dashboards. Define who can see what, so everyone can access the information they need to excel in their daily operations.
Since everyone is using the same data, you can ensure that all areas of your business are aligned.
8. Strategically expand RPA efforts
The sole purpose of process mining is not to reduce risks and inefficiencies. It also reduces tasks. By having an in-depth view of a process, you will be able to dive deeper and detect more automation opportunities. By looking at the actual process graph, you can see which process steps are skipped, complicated, repeated, and prioritize automation for a faster return on investment.
About StoryShaper:
StoryShaper is an innovative start-up that supports its customers in defining their digital strategy and the development of automation solutions tailor-made.
Sources: StoryShaper, UiPath