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Funke Medienhaus Celonis Process Mining [shutterstock: 1331043824, VectorMine]
[shutterstock: 1331043824, VectorMine]
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Funke Mediengruppe Relies On Process Mining From Celonis

Celonis, provider of AI-based process mining and process excellence software, announced that it will support Funke Mediengruppe.

Funke, a leading media company in Germany, will use Celonis’ software to analyze and improve its internal processes. Process mining supports employees in carrying out their everyday work and constitutes an important pillar of the media company’s digitalization strategy.

With the aid of process mining, data within the company is processed in a way that creates transparency regarding internal processes as the first step. High-performance algorithms detect deviations from the planned, ideal process flow and identify major drivers. Company processes are thus being improved in the long run, which greatly contributes to automation and standardization within the Group.

Funke to drive digitalization with Celonis’ process mining

Funke will first use Celonis to analyze and optimize the purchase-to-pay process. This area is of major relevance for the media company and thus an ideal starting point for a transformation driven by process mining.

“We want to make the most of the opportunities offered by digitalization to achieve full transparency for our internal workflows and maximize our business performance – which is why we’re using the technology from Celonis from now on,” says Michael Wueller, CFO at Funke. “Our goal is to strategically transform our procurement workflow. Well-thought-out and standardized procurement processes allow us to increase efficiency as well as the satisfaction level of all interest groups within the Group.”

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Source:
Celonis

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E-3 Magazine

Articles published through E-3 Magazine International. This includes press releases by our partners as well as articles and reports from the E-3 team of journalists.

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