PAF Blog

Accounts Payable (AP) starts when an invoice is approved for payment, their responsibility is to process and review transactions between the company and its vendors and pay for invoices on time, and not pay for products and services it shouldn’t.

Procure to Pay processes, are an essential part of almost any business. The procure-to-pay process is the controlled and coordinated activity performed to fulfill a request for goods or services quickly and at a reasonable price. It involves a series of sequential steps performed in different departments.

Process Mining is a hot topic these days in many circles. Companies working on business process management, continuous improvement, procure to pay, and RPA are all interested in how Process Mining can help their organizations be more effective.

Process Mining is past the stage of only making companies smarter. It’s time to make them better by transforming data into insights and actions. In an ideal scenario a user shouldn’t have to leave the Process Mining application to act on insights but start measures inside the Process Mining application.

Auditors have a very tough job. They must search through all an organization’s transactions to find the specific cases where internal controls were not followed. Process Mining provides a new approach to gathering audit evidence by automatically analyzing the entire population of event logs recorded in a company’s IT system.

We start out with the basics on Process Mining. What is a 'process'? What is Process Mining? How does it work? What are its advantages?

With Process Mining we turn from looking at the past to understand the present to looking at the present to predict and change the future.

Recently, the sales and marketing teams of PAF took the PAFnow training. Now we want to share our experiences - because anyone can benefit from Process Mining!

With Process Mining there is an evolution from static to dynamic analysis and a revolution from analog to digital working.

The PAFnow Process Mining BPM Edition covers all stages of the BPM life cycle from the initial mapping, analysis and modelling to the implementation and monitoring of refined processes.