Process Mining: a data-driven approach tool to analyze, optimize & manage complex CLM processes.
Contract Lease Management process has specific challenges that impact the contract and procurement, as well as the finance organization, such as Complex Process and Lease Agreements/Portfolio Management, Rent & Payment calculations, handling modifications, renewal tracking, lease data entry, compliance, high costs and system integration challenges.
With deep knowledge of CLM process and high proficiency in process mining tools, we can help you optimize your daily tasks with automation, reduce operational and processing costs, and increase visibility, risk management and compliance!
How Process Mining can empower your CLM process
Be aware of your real entire process, making it easy to understand how tasks are interconnected between finance and contract management
Real Time Visibility & Transparency
Optimize your process based on accurate and precise data rather than intuition. Measure key performance indicators to achieve more effective & consistent results.
Data-Drive Insight & Performance
Crucial to enable proactive intervention, face any changes in terms and drive continuous improvement.
Rigorous & Continuous Tracking
Track and take actions to avoid missing deadlines or incurring any financial penalty.
Track Renewals Dates & Terms
Anticipate and act to avoid retroactive corrections of financial valuations and productivity loss due to posting sequence and revision required after disclosure.
Avoid Retroactive Corrections & their Impacts
Leading to more efficiency and lower processing and operational costs, less data errors and delay.
Speed up the Entire Cycle with Automation
Integrating CLM systems with other systems doesn´t need to be complex and time-consuming.
Overcome System Integration Challenges
Increase Labor Productivity
Optimizing workflows, detecting and avoiding reworks, and reducing manual effort.
Ensure all activities are compliant with policies & regulations.
Compliance
Qiado brings the expertise needed to implement effective solutions leading to long-term improvements & benefits for your organization.
Business Knowledge
The most experienced consultants in IFRS16 in the EMEA region.
Experts in CLM processes: average of +300k contracts handled annually per customer taking into account valuation and bookings
Implementing outstanding solutions for lease accounting since 2017
Invaluable deep knowledge of the process for understanding the unique characteristics of processes and the challenges faced.
We empathize with the customers' challenges and identify inefficiencies, bottlenecks, or paint points.
Proficiency with Process Mining Tools
We are Certified Partners of the two leading solutions:
Our team is certified and specialized, with large experience in implementing the right tool
Strong ability to use the right tool to discover, analyse and visualize processes.
Our 360º approach provides you with expert guidance, tools & resources to effectively analyze, optimize and manage end-to-end process excellence.
1
Discovery
Providing decision-makers with a comprehensive understanding of the potential value
Explore the process and clarify the context
Evaluate expected benefits and returns against your objectives
Identify initial use cases
Select the right tool
2
Solution Design & Piloting
A clear and structured plan for executing the analysis and delivers valuable insights from the process
Define clear goals and objectives
Identify scope
Data collection plan
Implementation roadmap
Piloting: select process or subprocess and identify potential challenges
3
Expansion
Expand and realize the full potential of process mining by tracing challenges back to their root causes for more targeted and effective problem-solving.
Full process mapping
Develop and implement an end-to-end strategy
Redesign workflows to eliminate unnecessary steps
Identify and prioritize potential areas for automation
4
Sustainable Value
Achieve sustainable improvements, track the impact of changes and identify new areas for improvement.
Value monitoring
Support the change management strategy to ensure adoption and adaptability
Transform your CLM with SAP RE-FX with our Process Mining Celonis App
Managing real estate assets using SAP RE-FX presents numerous challenges, from handling a large number of leases with diverse terms & conditions to navigating through complex legal regulations and accounting standards.
Our Process Mining App was developed to empower all organizations to overcome these challenges and elevate their real estate operation.
Have a tool to unbeatable support you in managing unbalanced accounting & late payments, manual renewals, and valuation rules and postings not executed.
It´s time to shift to data-driven decisions in real-time and achieve unparalleled process efficiency, leading to your sustained success!
