FRANKFURT, Helsinki, Oct. 17, 2012 (GLOBE NEWSWIRE) -- QPR Software, a provider of innovative process improvement software, and ProcessGold, a pioneer in process mining, have signed a strategic partnership agreement. The goal is to pave way for Automated Business Process Discovery (ABPD) by using QPR ProcessAnalyzer software product.
ABPD is the way forward when it comes to discovering how business processes run in reality as this means taking data from e.g. ERP, CRM and other support systems and applying this to any process. QPR ProcessAnalyzer is data and industry agnostic software, allowing the discovery of any process with any data, providing an exact 'as-is' process flowchart for analysis and development of business processes with minimal deployment time. This takes away the need for lengthy interview rounds around organization, the human interpretation and manual work that is traditionally associated with process discovery.
The partnership involves resale rights of QPR ProcessAnalyzer for ProcessGold, sharing of best practices and other co-operation initiatives. ProcessGold will bring its lasting expertise from applying Process Mining for a wide range of processes across industries, which can be leveraged to ensure a quick return on investment, for example in the area of Internal Audit.
Combined, both companies have over 200 commercial process analysis projects under their belt making them the ultimate ABPD pioneers. QPR Software and ProcessGold have both seen customers who have started to realize the value of Process Mining, and as the market is in an early stage, it is perfect time to partner and grasp the opportunity.
Rudolf Kuhn, CEO of ProcessGold, comments: "ABPD is a vital aspect of our consulting projects enabling us to provide our customers with results that are based on facts. We recognized QPR ProcessAnalyzer as a leader in the field of ABPD software and were impressed by the company's commitment to product development. In addition to the scalability and performance, the product provides us with a Web UI for effective collaboration and communication, Excel Client for additional statistical capabilities as well as Influencer analysis, showing the root causes and reasons for process deviations in one view. The enterprise and server environments ensure the robustness of the software, making it a compelling tool for us to deliver further value for our customers."
Jari Jaakkola, CEO of QPR Software, says: "Not only a significant development in the area of process discovery, the partnership also is an important step in taking QPR ProcessAnalyzer to international markets. We have done successful projects in our home market in Finland with QPR ProcessAnalyzer but ProcessGold's experience in Europe, APAC and US will allow us together to achieve global reach. Sharing the same vision, I am excited to start working with ProcessGold and demonstrating the value that QPR ProcessAnalyzer brings."
ProcessGold is pioneer and leader in ABPD / Process Mining. We deliver a fast track for detailed process understanding. With a very compelling Process Mining based methodology and the experience from more than 100 Automated Business Process Discovery (ABPD) type of projects across Europe, in AsiaPac and the Americas, we help clients to identify risk, fraud and inefficiencies in business processes. Especially in the area of SAP (Purchase2Pay, Order2Cash) as well as in the Financial Services Market, ProcessGold has built up lot of expertise and knowledge to help process owners as well as audit and controls professionals to experience a fast track in process understanding. More information can be found at: www.processgold.com
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