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In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
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Software AG Showcasing Process Frameworks for Multiple Industries at Innovation World 2008
¶ Process Frameworks are reference models that enable customers to build solutions quickly and confidently ¶ Addresses leading industry segments, including banking, insurance, manufacturing, retail, government, and telecommunications ¶ Key partner

Software AG, a global leader in business infrastructure software, today announced that it is showcasing more than a dozen Process Frameworks at Innovation World 2008, Software AGs global user conference taking place this week in Miami, Florida. Developed by Software AG and key partners, these Process Frameworks help enterprises fully-leverage the unique capabilities of the webMethods Suite to create customer-specific solutions to common business challenges. By taking advantage of these reference models, components and best practices, enterprises can dramatically reduce the time, cost and risk associated with implementing an customized, end-to-end solution.

Traditional applications lock enterprises into a one-size-fits-all model while custom development entails potential risk and challenges in terms of sustainability. Our Process Frameworks build upon the proven components of the webMethods Suite and the flexibility of SOA and BPM to craft business-specific solutions at a fraction of the cost or risk, said Ivo Totev, chief marketing officer, Software AG. Each Process Framework encompasses real-world experience and best practices drawn from engagements with our global customer base. As a result, enterprises can also avoid much of the costly trial and error associated with implementing solutions independently. In fact, in an October 2007 report titled Solution Accelerators Will Disrupt the IT Services Landscape, Forrester Research writes a detailed study of more than a dozen solution accelerators shows an average time savings of 25% to 30% in an implementation cycle for the client.

Software AGs Process Frameworks bring together the software artifacts and proven methodologies to complement the webMethods Suite in addressing process-specific business requirements. These artifacts encompass both industry expertise and implementation best practices, and include process models, user interfaces, business rules and Key Performance Indicator (KPI) definitions. Process Frameworks are designed to make it easier and faster to take advantage of the flexibility offered by a comprehensive, best-in-class SOA/BPM platform to model, automate and improve critical business processes.

Specific Process Frameworks being showcased at Innovation World 2008 include the following:

  • Order-to-Cash By reducing their order-to-cash cycle, enterprises can minimize borrowing costs while making additional capital available to fund strategic initiatives.
  • Procure-to-Pay Helps enterprises maximize discounts, reduce fulfillment costs and ensure contract compliance by automating and monitoring their end-to-end procurement process.
  • Payments A comprehensive process model for improving straight-through processing, automating exception handling and monitoring transactions to better meet service level commitments, mitigate risk and reduce payments processing cost.
  • Underwriting Configurable business rules that automate decision making to achieve the optimal balance of efficiency and oversight.
  • Product Recall Allows enterprises to fully address the unique and too often ad hoc requirements associated with product recalls, such as reverse logistics.
  • New Product Introduction Orchestrates multiple stakeholders throughout an extended value chain to bring new products to market faster.
  • Monthly/Quarterly Closing In addition to meeting regulatory and disclosure requirements more assuredly, an accelerated closing process makes actionable information more readily available sooner.
  • Employee On-boarding Improves productivity while lowering administrative costs by automating the myriad of regulated and people-intensive processes required to bring new employees on-board.

In addition, key industry partners, including Satyam, Cognizant, Logimethods, Frontline Consulting Services, and QualitroITech, will be demonstrating at Innovation World 2008 their Process Frameworks for the webMethods Suite. These include:

  • Automotive Claims Management (Satyam) A comprehensive process model for streamlining workflow and improving utilization, and monitoring and enforcing business rule compliance.
  • eCheck Processing (Cognizant) The Electronic Check Processing (ECP) process framework facilitates the of security, speed, and efficiency of processing electronic transactions with the well-established business processes and rich legal structure of paper checks.
  • Claims Management (Logimethods) An overall process framework where issues and opportunities within claims management are identified and improvements are effectively architected and implemented.
  • Field Services Jeopardy Management (Frontline Consulting Services) This Process Framework Provides visibility and automation to the Field Services Process, allowing the workforce to proactively manage potential customer issues and improve customer service.
  • Invoice Dispute Management (QualitroITech) A rules-based, automated escalation and resolution process model for addressing the significant cost burden created by even a small percentage of disputed claims.
  • Telecommunications Service Provisioning (Satyam) Accelerates time-to-market while reducing fulfillment costs by automating the bundling and provisioning of service promotions.

Underpinning each Process Framework is the webMethods Suite, which brings together all of the capabilities needed to integrate, modernize and extend legacy systems and applications; connect more efficiently and effectively with trading partners and markets; automate, monitor and continually improve core business processes; collaboratively develop new, Web-based applications without coding; and reconfigure existing IT assets into powerful business solutions.

Key components of the webMethods Suite include:

  • CentraSite A comprehensive, standards-based platform for managing and governing the services, processes, policies and business rules associated with service-oriented architecture (SOA).
  • webMethods ESB Platform A standards-based enterprise service bus (ESB) solution enabling integration and interoperability of applications, services, processes and partners via a single platform.
  • webMethods BPMS Software AGs widely-deployed Business Process Management (BPM) suite combines all of the capabilities required to help organizations automate and continuously improve business processes, including process design, management, execution and monitoring.
  • webMethods Business Activity Monitoring A highly extensible solution for the real-time monitoring and analysis of both IT and business performance.
  • webMethods Application Modernization A rich portfolio of tools for transforming legacy data, user interfaces and application functionality into modern and flexible business applications and processes.

Additional information on all of Software AGs available Process Frameworks can be found by visiting www.softwareag.com/processframeworks.

CentraSite is a joint trademark of Fujitsu Limited and Software AG in the United States and other countries.

Software AG - Uhlandstrasse 12 - 64297 Darmstadt - Germany

Software AG is the worlds largest independent provider of Business Infrastructure Software. Our 4,000 global enterprise customers achieve business results faster by modernizing, integrating and automating their IT systems and processes. As a result, they rapidly build measurable business value and meet changing business demands. Based on our solutions, organizations are able to liberate and govern their data, systems, applications, processes and services achieving new levels of business flexibility.

Our leading product portfolio includes solutions for high performance data management, developing and modernizing applications, enabling service-oriented architecture, and improving business processes. By combining our technology with industry expertise and best practices experience, our customers improve and differentiate their businesses faster.

Software AG has almost 40 years of global IT experience and over 3,600 employees serving customers in 70 countries. The company is headquartered in Germany and listed on the Frankfurt Stock Exchange (TecDAX, ISIN DE 0003304002 / SOW). Software AG posted total revenues of 621 million in 2007.

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