Savvion Offers Business Process Asset Management Solution

Enabler aims to help enterprises address compliance and process improvement initiatives

Enabler aims to help enterprises address compliance and process improvement initiatives

Santa Clara, CA — July 1, 2005 — Business process management specialist Savvion has debuted a new product offering specifically designed to meet the growing demand for business process modeling necessitated by recent regulatory compliance requirements and a resurgence of business innovation.

In addition to releasing the new Process Asset Manager, Savvion announced a new version of its modeling and simulation software, Process Modeler. The two products, packaged together, are intended to enable teams of business analysts to discover, model, simulate and document all their business processes for business efficiency and regulatory compliance.

Process Modeler now uses business process modeling notation (BPMN) and, according to Savvion, delivers increased capabilities to help users manage complex business processes as true corporate assets.

Turning Processes into Assets

Process Asset Manager (PAM) is a bundled package that includes the new Process Repository Server along with an unlimited number of Process Modeler client licenses. Recognizing that business processes are key corporate assets, Savvion has incorporated a Process Repository with PAM that stores, versions and manages processes while fostering and supporting process reuse.

"Through the new Repository, processes become assets that can be reused consistently by business process teams across the enterprise reducing development time and guaranteeing process consistency, while addressing recent increased focus on compliance," Savvion said in announcing the new solution.

The solution provider said that Process Asset Manager, intended for use by enterprise or division teams of business analysts, is well-suited for companies looking for a solution to define and document their processes to meet Sarbanes-Oxley or other regulatory compliance requirements, or companies that are setting up division or enterprise level process competency centers and are discovering, defining and modeling large numbers of processes, some of which may be candidates to move to execution as production applications.

Process Modeler Available Free

The latest version of Process Modeler provides process modeling and process simulation capabilities intended to help a business analyst or consultant to discover, model, simulate and document virtually any type of business processes. The baseline offering, Personal Edition, delivers the features necessary to address everything from simple departmental routing and approval processes to complex, multi-tiered order management processes, Savvion said. Process documentation is automatically generated to provide documentation for Sarbanes-Oxley or industry compliance reporting requirements.

Models that expose services in a service oriented architecture (SOA) provide standard reusable processes that every business unit can use consistently without reinventing the wheel. Process models can be stored in the local file system. Companies with the Process Asset Manager can store models in the Process Repository. In addition, Process Modeler operates on Microsoft Windows for portability on laptop computers.

Both Savvion Process Modeler and Savvion Process Asset Manager are available immediately. To promote adoption, Savvion is making Process Modeler available as a free download from its website. Process Asset Manager is priced at $50,000.

Additional Articles of Interest

— For more information on solutions for business process management, see "BPM Rising," the Net Best Thing column in the October/November 2002 issue ofiSource Business (now Supply & Demand Chain Executive) magazine.

— As technology's benefits hit the wall, one provider believes business process management can boost competitiveness. Read the article Finding Adaptability in BPM for more on this topic.

— For more information on Sarbanes-Oxley, read Parts 1 and 2 of the recent series on Contract Management: Five Myths of Contract Management, and Contract Management: Improving Corporate Governance.