Vendor Analysis
published on Mar 20, 2023
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Report Overview:
This NelsonHall assessment analyzes Futuroot’s offerings and capabilities in process mining and discovery
Who is this Report for:
NelsonHall’s process understanding platform evaluation profile on Futuroot is a comprehensive assessment of Futuroot’s process mining platform, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of process discovery and mining platforms and identifying vendor suitability for process understanding RFPs
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the process understanding sector.
Scope of this Report:
The report provides a comprehensive and objective analysis of Futuroot’s process mining capabilities and market and financial strengths, including:
- Identification of the company’s strategy, emphasis, and new developments
- Analysis of the company’s strengths, weaknesses, and outlook
- Revenue estimates
- Analysis of the profile of the company’s customer base, including the company’s targeting strategy and examples of current contracts
- Analysis of the company’s offerings and key service components
- Analysis of the company’s delivery organization, including the location of delivery centers.
Key Findings & Highlights:
Futuroot’s process mining platform offers:
- Data extraction, transformation, and loading through a set of prebuilt API connectors and accelerators to the likes of SAP ERP and Salesforce
- Process analysis through a process explorer with a standard process map model, with nodes denoting activities and paths between the activities showing the number of cases
- Process monitoring using dashboards and workforce analytics. From its dashboards users may set watchpoints, i.e., compliance rules
- Process improvement through the use of automation ROI calculation
- Corrective action enablement with conformance checking against process models.
Organizations that have fairly mature process transformation CoEs that can transform processes that have been mined should consider Futuroot as part of their process transformation strategies.