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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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 bpm risk


AuraPortal: A BPM Vendor Worth Checking Out
AuraPortal, a new business process management (BPM) vendor, offers a solution that creates business process execution models without the need for heavy IT

bpm risk  at a few lesser-known BPM vendors and their interesting approaches to BPM. Having adopted the latest technologies, these newcomer companies have rendered themselves future-proof—i.e., they have minimized the risk of providing technology that may soon be considered obsolete. Such business process management system (BPMS) solutions, which are founded on the latest technology advancements, often become more popular than market-renowned BPMS products. One of these up-and-coming BPMS vendors is AuraPortal

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Business Process Management (BPM)

Business process management (BPM) defines, enables, and manages the exchange of enterprise information through the semantics of a business process view, which involves employees, customers, partners, applications, and databases.  

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Process-based Governance, Risk Management, and Compliance


The right balance of automated processes with paper records and manual, human interaction is necessary to keep costs under control with a flexible yet controlled set of procedures. The strategic software category, governance, risk management, and compliance, is poised to help.

bpm risk  requirements). To that end, BPM should be able to facilitate enterprise risk management (to identify, monitor, and manage all varieties of risks) by providing tools and a framework to gain and maintain knowledge of business processes. Thus, a process-oriented control application has to provide a risk-based approach to establishing the user's control environment and identifying the most effective and efficient controls. Such an application should integrate directly with control documentation in the Read More

BI and BPM: It’s Not as Blurry as You Think


There seems to be a blurry line between business intelligence (BI) and business performance management (BPM) applications. Some software vendors offer solutions that actually incorporate BPM and BI within the same application, which makes it harder to distinguish between these two software solutions. The following are some—certainly not all—key differentiators between BI and/or BPM functionality

bpm risk  tools are reactive, while BPM tools are proactive. Here’s why: BI is focused on bringing relevant information about daily operations so managers can react and make decisions based on a specific business opportunity or risk in the daily process. BI tools are often used to analyze historical data; however, nowadays this process is evolving due to the implementation of operational real-time BI. The BPM goal is to improve business processes through specific tools that serve to establish a strategy, to plan Read More

On-Demand Software for BPM: Now Ready for Enterprise Adoption


Planning, forecasting, and reporting are among the business processes that, if strengthened with analytic software, can help companies improve their performance. Due to time and expense of implementation, many mid-sized have been slow to aggressively adopt business performance management (BPM) solutions. See how on-demand BPM software is a low-cost, low-risk BPM solution that is likely to lead to an “early payback.”

bpm risk  solutions. See how on-demand BPM software is a low-cost, low-risk BPM solution that is likely to lead to an “early payback.” Read More

Appian: Pushing the BPM Envelope—Part One


In a matter of a decade or so, Appian has evolved from a business process management (BPM) software market latecomer to a BPM market challenger, and finally to an upper echelon BPM provider, competing with the likes of IBM and Pegasystems.

bpm risk  Pushing the BPM Envelope—Part One In a matter of a decade or so, Appian has evolved from a business process management (BPM) software market latecomer to a BPM market challenger, and finally to an upper echelon BPM provider, competing with the likes of IBM and Pegasystems. Appian was founded in 1999 by Matt Calkins and three friends, two of whom had been colleagues with Calkins at business intelligence (BI) software company MicroStrategy. (Calkins was an early MicroStrategy executive, and remains Read More

Vendor Rating Updates: BPM, ERP, PLM


Here's an update on new TEC vendor ratings and certifications. If you're currently evaluating or researching ERP, business process management (BPM), or product lifecycle management (PLM) systems, here's what we have new for you. Reports are available as well as in-depth rating evaluations in the evaluation centers. Here are the new items. TEC published up-to-date information for version 4 of

bpm risk  and configuration management. Polymita's BPM Suite joined our business process management knowledge base. The product focuses in part on modeling, workflow, and security functionality. If you're researching ERP solutions for discrete, process, or mixed-mode industries, I'd like to announce that TEC analysts recently certified the Logo Business Solutions' Unity system. Finally, to continue on the different variants of ERP systems, a new name recently entered the enterprise software space, Solarsoft . Its Read More

Managing Risk in Perilous Times: Practical Steps to Accelerate Recovery


As financial institutions look to the future, there’s bound to be a careful reappraisal of the role and responsibilities of risk management. Were the tools available to risk managers fit for purpose? Was the approach to risk management appropriate? Examine lessons that have been learned from the current financial crisis, and get 10 tips to help you address weaknesses in risk identification, assessment, and management.

bpm risk  Risk in Perilous Times: Practical Steps to Accelerate Recovery As financial institutions look to the future, there’s bound to be a careful reappraisal of the role and responsibilities of risk management. Were the tools available to risk managers fit for purpose? Was the approach to risk management appropriate? Examine lessons that have been learned from the current financial crisis, and get 10 tips to help you address weaknesses in risk identification, assessment, and management. Read More

Best Market Practice for Calculation and Reporting of Wrong-Way Risk


This paper explores approaches for quantifying wrong-way risk (WWR), a natural extension of the risk management methodologies used to calculate credit value adjustment (CVA) measures. It also recommends the best practices for incorporating WWR into trade pricing and meeting regulatory requirements.

bpm risk  Market Practice for Calculation and Reporting of Wrong-Way Risk This paper explores approaches for quantifying wrong-way risk (WWR), a natural extension of the risk management methodologies used to calculate credit value adjustment (CVA) measures. It also recommends the best practices for incorporating WWR into trade pricing and meeting regulatory requirements. Read More

Appian BPM Suite


Appian Enterprise is a secure, scalable framework focusing on business processes. The suite offers the following business process management modules: Process Modeler, Process Engine, Rules Engine, Simulation, and Process Manager. For knowledge management, Appian Enterprise offers the Document Manager, Content Manager, Collaborative Tools, and Portal modules. Analytics capabilities include the Business Activity Manager, the Process Analytics module, the Business Analytics module, and the Dashboard Reporter. Fortune 500 companies, government agencies, and non-governmental organizations are currently deploying Appian Enterprise. The J2EE-compliant architecture of Appian Enterprise is compatible with all major application servers, including BEA WebLogic, IBM WebSphere, Oracle Application Server, JBoss, and others. Full platform support for Windows, Linux, and Unix operation systems is available. Appian Enterprise is built on a service-oriented architecture.

bpm risk  BPM Suite Appian Enterprise is a secure, scalable framework focusing on business processes. The suite offers the following business process management modules: Process Modeler, Process Engine, Rules Engine, Simulation, and Process Manager. For knowledge management, Appian Enterprise offers the Document Manager, Content Manager, Collaborative Tools, and Portal modules. Analytics capabilities include the Business Activity Manager, the Process Analytics module, the Business Analytics module, and the Das Read More

Using Nimble BPM to Drive Business Change


In the current economic climate, business process management (BPM) projects need to return to basics to meet the needs of today’s dynamic enterprise. They need to quickly deliver the benefits that organizations need or require, without the barriers of cost, time, complexity, and staffing that have built up around BPM over the years. Learn how applying nimble BPM strategies can help you drive business change.

bpm risk  Nimble BPM to Drive Business Change In the current economic climate, business process management (BPM) projects need to return to basics to meet the needs of today’s dynamic enterprise. They need to quickly deliver the benefits that organizations need or require, without the barriers of cost, time, complexity, and staffing that have built up around BPM over the years. Learn how applying nimble BPM strategies can help you drive business change. Read More

BPM Partners


Advisory firm BPM Partners focuses on business performance management (BPM). The company works with clients on budgeting, planning, financial reporting, regulatory compliance, and profitability optimization.

bpm risk  Partners Advisory firm BPM Partners focuses on business performance management (BPM). The company works with clients on budgeting, planning, financial reporting, regulatory compliance, and profitability optimization. Read More

Supply Chain Risk Management for Wholesale Distribution Companies: Planning for Disruption


Forward-looking companies are focusing on managing supply chain risk. The same functionality that supports supply chain network visibility, collaboration, and analytics can also enable supply chain risk management. This white paper shows that companies often actually possess the data they need, but disconnected systems impede the ability to make the right data accessible to the right people at the right time.

bpm risk  Chain Risk Management for Wholesale Distribution Companies: Planning for Disruption Forward-looking companies are focusing on managing supply chain risk. The same functionality that supports supply chain network visibility, collaboration, and analytics can also enable supply chain risk management. This white paper shows that companies often actually possess the data they need, but disconnected systems impede the ability to make the right data accessible to the right people at the right time. Read More

Risk in Content Management Implementations: Examining Software Services


Every decision you make factors some kind of risk. When making the decision to implement a content management system (CMS), it’s important to be aware of all possible potential risks—and how to prepare for them. How high is your risk of data loss? What can you do to mitigate the risk of security breach? And which is riskier for your company, a hosted or an installed CMS? Learn more about these and other risks.

bpm risk  in Content Management Implementations: Examining Software Services Every decision you make factors some kind of risk. When making the decision to implement a content management system (CMS), it’s important to be aware of all possible potential risks—and how to prepare for them. How high is your risk of data loss? What can you do to mitigate the risk of security breach? And which is riskier for your company, a hosted or an installed CMS? Learn more about these and other risks. Read More

Lombardi Software Teamworks 7.0 for Business Process Management Certification Report


Lombardi Software's business process management (BPM) system, Teamworks 7.0, is now TEC Certified. The certification seal is a valuable indicator for organizations who rely on the integrity of TEC’s research services for assistance with their software selection projects. Download this 28-page TEC report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

bpm risk  Management Evaluation Center , BPM Evaluation Centers , TEC's Comprehensive BPM Model , BPM Software , BPM Services , BPM Products , Process Management Software , Business Process Management Software and Services , Enterprise-wide BPM Capabilities , TEC's BPM RFI , BPM Documentations , Total Quality Management , Full-fledged BPM System , Self-sustaining BPM Suite , Process Optimization Process , BPM Functionality Modules , TEC BPM Functionality Evaluation Model , BPM Program , Business Process Management Read More

The Challenges of Defining and Managing Governance, Risk Management, and Compliance


A broader, more structured approach is needed to effectively manage governance, risk management, and compliance (GRC). Enterprises will then be better able to guide their people, standardize their processes, and unify technology to embed GRC at all organizational levels.

bpm risk  Challenges of Defining and Managing Governance, Risk Management, and Compliance While the cost of noncompliance is reason enough to motivate enterprises to be more vigilant in their business practices, enterprises can in fact capitalize on the regulations they face. Companies should view compliance as a way to improve their internal business processes across the organization. To do this, companies must take a holistic approach from top down, and harness the strategic software category of governance, Read More