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Documents related to » bpmprofi


Business Process Management Notations within Business Process Management
Business process management notation (BPMN) is an initiative to increase standardization within process modeling. What are the principles of BPMN, and what is the value of BPMN to vendors and organizations using business process modeling?

BPMPROFI: Process Management Initiative ( BPMI ) (www.bpmi.org) was established to develop, support, and encourage the use of BPMN. The BPMI Notation Working Group ( BPMN-WG ) worked for over two years to develop BPMN before its 1.0 release in May 2004. The primary goal of the BPMN initiative was to develop a standard notation methodology, understandable to all business people, throughout the process of defining, designing, deploying, executing, and optimizing processes. BPMI also created BPMN to ensure that the
11/7/2006

The Financial Close: Optimizing Performance and Driving Financial Excellence
The Financial Close: Optimizing Performance and Driving Financial Excellence. Find Free Proposal and Other Solutions to Define Your Performance In Relation To Financial Excellence. “Financial close” is a company’s ability to complete accounting cycles and produce financial statements for internal management and external legal reporting—and is still a key part of today’s global finance function. Do you know how to overcome the barriers to a fast, high-quality close? Discover solutions that can help you improve your close times and address the challenges of automating and testing internal controls.

BPMPROFI: the BPM International network (BPMi) does precisely this for the 2007/2008 reporting period. According to BPMi s Global Close Cycle Rankings 2008, over the past 5 years, 60% of the largest European companies have reduced their results announcement timetables by an average of 10 days; and 46%, their audit timetables by an average of 14 days. A slightly different picture can be observed in the United States. Here BPMi s research indicates that 52 of the 100 largest U.S. corporations actually added an
6/9/2009 2:47:00 PM


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