Liquidity optimization with process mining

Is process mining just hype or does it offer real added value? In our XING Expert Dialog, we will use the example of liquidity management to show you very specific application options and potentials of process mining technology for your business. You will learn how process mining can help you protect your cash reserves within a very short time.

Agenda

• What is process mining and what potential does it offer for companies?
• What tools are there and how do you use them efficiently?
• Practical example: Cash flow optimization
  
  Reduce Accounts Payable / DSO
  Accelerate invoicing
  Analyze open transactions and identify risks
  Determine optimal payment terms
  Adapt dunning procedures
  
  Increase Accounts Payable / DPO
  Identify incorrect and/or duplicate invoices
  Check due dates (invoice receipt before goods receipt?)
  Analyze status of current open/overdue EK invoices
  Optimize payment timing
  
  Supply Chain Management / Reduce DIO
  Identify delivery risks
  Accelerate order processing
  Service Level Optimization / Availability vs. Inventory
  Identify slow processes and "fix" if necessary
  Eliminate customer delays
  Avoid manual changes
  

• Quick Start: How to get the first insights within 5 days.