Find and present process alternatives to real life processes to make them more efficient and controls more effective.
Process mining is the automatic discovery and modelling of processes executed in systems.
Your organization might be increasingly exposed to new risks, growing compliance regulations, decreasing customer satisfaction, operational inefficiencies, fraud or errors that can lead to financial loss or reputational damage. In order to address these risks there is a need for effective process management, making use of innovative tools and techniques.
The key to effective process management is processtransparency which allows you to monitor and improve your existing processes. And that’s where process mining comes in. Process mining is a data driven technique that enables you to analyze your process steps as they are executed in real-life.
Our KPMG team of experts has experience in process mining projects in a variety of domains, going from purchasing to customer services and incident management. Our methodology consists of 4 basic steps which can be extended in order to provideassistance in the actual transformation and further monitoring of the realized improvements.
Think about digital transformations like Robotic Process Automation (RPA) where process mining can help to identify suitable processes and provide a baseline for improvement measurement.
A trifold on this topic is also available. Click below to download the document
KPMG Belgium process mining team receives the award of best report in the professional category of the BPI challenge. Based on a real-life dataset, the purpose of the challenge was to find solutions to improve the loan application process of a bank. Using process mining and predictive analytics, the winning team succeeded in providing insights to the bank on how to improve their customer experience and increase their revenue. The report was compared to other ones of the same category based on its level of professionalism, its completeness of analysis and its usefulness for the purpose of real-life business improvement.
View the report below or view the dashboard here
© 2021 KPMG Advisory, a Belgian civil CVBA/SCRL and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.