Whether financial processes, procurement, supply chain management or administrative processes – in practice, business processes almost never run as they were planned on paper. Vulnerabilities, bottlenecks or process disruptions lead to inefficient workflows, adversely impacting both productivity and costs. As the complexity of processes and the systems that support them increases, it becomes increasingly challenging to pinpoint the root causes of issues through conventional methods. Process mining provides a technological approach that enables organizations to thoroughly and effectively model, analyze, and enhance their business processes.

msg advisors integrates extensive industry expertise with technological proficiency to leverage the capabilities of process mining on your behalf. Our experienced experts assist you in ...

• ... understanding how your processes really work.
• ... identifying which vulnerabilities have the strongest impact, determining their underlying causes, and exploring effective solutions.
• ... addressing these vulnerabilities and enhancing capacity through the implementation of intelligent automation.

Every process step leaves traces in an organization's digital system in the form of log data. Process mining extracts these digital traces and connects them in a significant manner to create a digital twin of your business processes, enabling you to visualize every transaction within your organization in real time. This digital twin accurately reflects your processes, allowing you to reveal opportunities for value creation while identifying and addressing inefficiencies.

Process mining can be applied to all business processes in companies, public authorities and other organizations, opening up extensive opportunities for optimization:

• Identification of inefficiencies within core business processes aimed at the direct optimization of the company's critical financial metrics, including EBITDA, cash flow, and return on capital employed (ROCE)
• Targeted removal of process bottlenecks to enhance process speed and maximize the efficient utilization of limited personnel resources
• Visualization of dependencies between partial processes in complex added value chains facilitates evidence-based, optimized planning and informed decision-making.
• Visualization of dependencies between partial processes in complex added value chains facilitates evidence-based, optimized planning and informed decision-making.

msg advisors assists you in recognizing and leveraging the opportunities presented by process mining within the unique context of your business. This includes the following services

• Benchmarking & Health Check:
  Find out what contribution process mining can make to your organization: In collaboration with you, we assess the potential applications and opportunities for utilizing process mining to enhance your strategic corporate objectives. To do this, we identify the business processes that contribute to this and derive initial monetary potential that can be realized through their optimization.
  
  
• Value Framing:
  Detect and assess vulnerabilities in your processes: Our specialists pinpoint inefficiencies and disruptions within your current business processes and analyze their root causes. A financial assessment of the business impact resulting from these inefficiencies serves as a foundation for a beneficial prioritization of the use cases related to potential optimization strategies.
  
  
• Value Realization Design & Execution:
  Achieve tangible enhancements in processes and unlock additional capacities: We identify strategies to address the identified vulnerabilities and enhance your current processes for the prioritized use cases, such as through intelligent automation, and ensure their consistent and sustainable implementation as part of a comprehensive action plan.
  
  
• Change Management & Value Monitoring:
  Ensure the enduring success of your initiatives: We establish the essential framework for the sustained optimization of your processes. This is achieved through training programs designed to foster acceptance within your organization, the definition of key performance indicators (KPIs), and the implementation of structures for the ongoing assessment and management of value creation.
  
  
• Process Excellence CoE:
  Establish a sustainable foundation for process mining within your organization: By strategically planning and establishing a Center of Excellence to consolidate expertise in process excellence, we develop a robust platform for the planning and management of future efficiency initiatives within your organization.