Process Management Features and Functions
Process management allows all business processes to be managed as a unified whole, making it easier to optimize and standardize processes across the entire organization. Because a process manager can manage characteristics inherent in a process business, processes become more automated, adaptable, cohesive, collaborative, and reusable. This results in increased business agility and lower process costs. Organizations can monitor their innovation, growth, and strategy through the process manager's support for knowledge-intensive processes.
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- Generation of estimates and schedules for all required tasks from customized project templates
- Production of meeting minutes from chat with just a mouse click
- Processing of step alert when time limit has passed
- Development of specifications, RFQs, and issues purchase orders for photography, printing, or any external vendor
- Ability for clients to review, comment on, and approve estimates, schedules, graphics, copy, and comps from anywhere at anytime
- Ability for employees and contractors to keep the system up to date with status information
- Ability for users to create reusable process templates to constantly improve productivity
- Management of relationships between users and tasks
- Tracking of revision history for key documents, events, tasks, or projects
- Association of documents with individuals or high-level tasks
- Ability to bypass approval with authority and audit trail
- Scalability for global use
- "Phase-gate" processes
- Multiple prioritization approaches and the ability to change the model quickly and easily in order to compare alternatives
- Simultanous planning, selection, and review processes of multiple stakeholders and business groups
- Ability to model risk, strategy, cost, value, priority, etc., following customer's current process or any other preferred process
- Built-in process guidance that describes each step of the process to be followed
- Navigation from process steps directly to scorecards, forms, workbooks investor maps, etc., subject to security settings
- Ability to tailor the UI to role or investment
- Identification of "stale" data that needs to be updated for periodic review
- Easy addition of new metrics and indicators as the need arises
- Consideration of candidates against all existing investments with regard to value to the business
- Consideration of the impact of replacing existing investments with new candidate
- Easy establishment of budget or spending goals for a portfolio or subset of portfolios
- Investor maps (bubble charts)
- Tracking of data over time and utilization of that data in displays and analytics
- Ability to capture annotation when data changes
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Portfolio and Project Management Features and Functions
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