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Business Process Management: Solutions
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The report, titled "The BPMS Report: TIBCO iProcess Suite 10.6", highlights TIBCO's focus on role-based modeling and process design collaboration encompassing TIBCO Business Studio(TM) 2.0 and the latest edition of TIBCO iProcess Suite. The powerful, standardized combination of TIBCO iProcess Suite with TIBCO Business Studio enables users to directly deploy and execute business processes and deliver a seamless, end-to-end process development environment. This solution benefits end users with simplicity for modeling and managing business processes, while moving to process execution in a timely and accurate manner.
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CLEARWATER, Fla., Oct. 23, 2004 /PRNewswire-FirstCall/ -- iDatix Corporation, a premier provider of business process automation solutions for the mortgage industry, today announced the launch of VeriDox: a significant addition to the iSynergy(R) Mortgage product suite. VeriDox is specifically designed to help mortgage lenders streamline their Post-Closing Document Review by providing rules-based exception handling functions. iDatix is making its announcement as part of its participation in the 91st Annual Mortgage Bankers Association Conference in San Francisco.
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As no packaged solution is comprehensive enough to meet its wide variety of needs, AP-HM opted for a Business Process Management approach based on a Service-Oriented Architecture and an interoperable infrastructure. This innovative vision is built on maps of a dozen of key business processes (prescription, appointment management, emergency handling, etc.) which formalize activities and identify needed IT services for further support and streamlining.
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Both the business analyst and the IT developer must ensure that the chosen BPM system works with existing systems and is capable of supporting current business practices. Since one of the primary goals is to integrate processes across both people and systems, the BPM solution must be flexible enough to ensure that integration efforts can meet across the divide that has traditionally separated business and IT.
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Cordys BPMS delivers speed and control throughout the business process lifecycle, from design and execution to monitoring and improving. When combined with Cordys@Work, our unique, proven, and complete methodology for deploying BPM-based solutions, Cordys BPMS enables you to design your business process automation model in days, implement it in weeks, and make changes whenever necessary—reducing your implementation time by up to 80% compared to traditional stack vendors.
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As a leader in the development of paperless solutions, iDatix designed iSynergy Mortgage to enable its users to automate their business processes throughout the loan cycle. While loan origination and portfolio administration have led the automation wave, Post-Closing review remains a time-consuming, labor-intensive activity.
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