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Skan - Process Understanding

Vendor Analysis

by Mike Smart

published on Mar 29, 2023

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Report Overview:

This NelsonHall assessment analyzes Skan’s offerings and capabilities in process mining and discovery

Who is this Report for:

NelsonHall’s process understanding platform evaluation profile on Skan is a comprehensive assessment of Skan’s process mining capabilities, 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 Skan’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, challenges, 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:

Skan is a process intelligence company that offers Skan AI with the goal of driving continuous process optimization through not only automation but precision training, process conformance, and operational metrics. The company has updated the platform with its new Analytical Data Store, which powers its many analytical views and guides and enables clients to consume Skan’s data and insights on other platforms. It offers ~30 process templates (consisting of analytical views, dashboards, widgets, and KPIs) that help clients drive process excellence. These templates are primarily for banking, financial services, and insurance, where most of its clients come from, and include acquisition, claims, sales, policy administration and maintenance, billing and remittance, and risk review and assessment.

Large enterprise organizations that are looking for real-time continuous monitoring to increase utilization across long-running processes should consider Skan as part of their process transformation strategies.

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