COSMO CONSULT and PAFnow deliver compelling process optimization solutions
Darmstadt, Ann Arbor (Michigan, US), May 20, 2021 - Digital transformation helps companies to become more competitive - among other things through process optimization. The Process Mining software PAFnow is groundbreaking in terms of functionality and runs directly under Microsoft Power BI and Microsoft 365, making it suitable for projects in small and medium-sized businesses as well. A good reason for the COSMO CONSULT Group, which specializes in digitization, to sign a cooperation agreement with Process Analytics Factory (PAF) GmbH. In the future, the software and consulting company will distribute PAFnow and also use the analysis tool in its own digitization and consulting projects.
Digital transformation is also about improving and automating processes with modern technologies. Artificial Intelligence algorithms, for example, can help analyze large volumes of data or make rule-based decisions. However, it makes little sense to use highly efficient technologies to build on processes whose workflows and structures have not been optimized. With the methods and tools of Process Mining, existing processes and business procedures can be conveniently reconstructed and analyzed. In this way, lead times can be reduced, and resource-intensive process steps can be organized more efficiently. In addition, groups can compare and evaluate processes at different locations. Among IT experts and process designers, the technology is therefore considered a pioneer of digitization as well as current trends such as Robotic Process Automation (RPA).
Trend technology now also for SMEs
The methodology is not new, but until now the tools have mostly been geared towards the requirements and pockets of larger companies. The Darmstadt-based software house Process Analytics Factory (PAF) GmbH is one of the first developers to provide small and medium-sized enterprises (SMEs) with access to the pioneering technology with its PAFnow solution. A crucial point here is the seamless integration into widely used platforms such as Microsoft Power BI, Microsoft Dynamics 365, and Microsoft 365.
More efficiency during process optimization
This is one of the reasons why the COSMO CONSULT Group, which specializes in digitization, and PAF GmbH recently signed a cooperation agreement.
Tobias Rother, founder and CEO of PAF adds: “Especially with regard to the Microsoft Dynamics product family, COSMO CONSULT has a lot of expertise and is therefore a perfect complement to PAFnow. Together, we pursue an integrative solution approach across the entire Microsoft technology stack. From now on, our customers will be able to analyze and control their business processes holistically directly in the Microsoft environment." PAFnow is now part of COSMO CONSULT’s product portfolio, making it easier for companies to optimize their processes with a professional tool. This makes sense, for example, in manufacturing companies, where the workflows are run through very frequently on a daily basis and even small optimizations have a big impact.
Adding that ‘‘certain something’’ to process consulting
In future, the tool will also help to efficiently record as-is processes in the company’s own ERP and digitization projects. “The visualization is appealing and will support our consultants in identifying bottlenecks, recognizing errors or developing process templates. With PAFnow, we can further expand our expertise in process analysis and process automation," emphasizes Fuchs. In addition, PAF GmbH is a young, agile team with a similar corporate culture that fits perfectly with COSMO CONSULT.
About COSMO CONSULT
With over 1,200 employees at 46 international locations - 16 of which are in Germany - the COSMO CONSULT Group is one of the leading providers of Microsoft-based industry and end-to-end business solutions for contract and process manufacturing, trade and services. Together with renowned industry partners, COSMO CONSULT supports companies in their digital transformation and develops future-oriented Industrie 4.0 solutions. For this purpose, the software and consulting company relies on a broad portfolio that includes Enterprise Resource Planning (ERP) systems as well as solutions for Data & Analytics, Customer Relationship Management (CRM), Office, Teamwork, Document Management and the Internet of Things (IoT). In addition to implementation and system management, COSMO CONSULT offers comprehensive consulting services that ensure that the software is not only implemented in the company, but also practiced.