process.science Description

Process mining represents a modern digital method for integrating business data assessment with the enhancement of processes. Each activity within a company is associated with a distinct process instance known as 'Cases.' The ERP system captures all pertinent transaction data related to this process in log files referred to as 'event logs.' A basic event log must include three essential pieces of information. Once this data is available, you can immediately begin your analysis. The case identifier serves to connect all events pertaining to a specific business case into a unique sequence. The activity name provides details about which process step has been performed. Lastly, the timestamp indicates when a specific activity occurred. By linking the information from Case ID, Activity, and Timestamp, process mining constructs a flow of the process in the correct order and visualizes it, presenting valuable insights into process efficiency. The analytical opportunities available through process mining are virtually limitless, contingent solely upon the quality and quantity of data input into the mining software, enabling organizations to continually refine and enhance their operations.

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Company:
process.science
Headquarters:
Germany
Website:
www.process.science/benefits

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