Holistic Assessment of Process Mining in Indirect Procurement

£79.50

Holistic Assessment of Process Mining in Indirect Procurement

Finance and the finance industry

Author: Vaishali Pawar

Dinosaur mascot

Collection: BestMasters

Language: English

Published by: Springer Gabler

Published on: 31st July 2023

Format: LCP-protected ePub

ISBN: 9783658414535


Introduction

In today’s highly competitive world where digitalization has become need of the hour, companies struggle to carry out digital transformation in the most efficient manner. Process mining is one of the techniques which enable proficient digital transformation and is gaining importance.

Purpose of the Book

Companies aspiring to implement process mining and profit from its benefits lack a step-by-step guide covering holistic view to judge the feasibility of process mining within their organization. Therefore, this book focuses on preparing a business case template covering an integrated holistic concept specific to process mining.

Objectives

The aim is to evaluate a feasibility check for organizations that are willing to implement process mining in procurement process. The business case focusses on three aspects: how to execute technical feasibility check, data quality analysis and a financial case.

Key Insights

The author discovered that it was extremely vital to carry out process mining readiness check before taking decision to implement it, to enable organized decision and avoid financial losses resulting from failed implementation.

Conclusion

Thus, the business case blueprint will provide companies a step-by-step guide to prepare organizations and explore the limitless potential of process mining as a tool. This could be seen as a stepping-stone towards achieving a resourceful and effective digital transformation to prepare for the future.

Show moreShow less