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Banking Process Flow and Workflow in BPM

Among the many aspects that need to be analyzed in a BPM implementation, workflow is one that requires special attention. To get the best out of a workflow, it needs to be repeatable, reliable and flexible.



Streamlined tasks can help you avoid discrepancies and improve efficiency. They can also eradicate communication gaps. You can boost delivery by avoiding delays. In addition, you can improve quality by improving the way the process is performed. You can also monitor the health of processes by using dashboards and reports.

The definition of a workflow must be easy to understand, and it must ensure the correct execution semantics. It must also be based on established business process modeling notations. There are several graphical languages that are used for defining workflows. The two most common are UML Activity diagrams and BPMN.

When selecting a workflow definition language, it is important to know how it can support current business rules for various stakeholders. In particular, a workflow engine should be able to execute script and service tasks. It should also be able to notify the performer of task completion.

The best workflow software will include robust features and can organize common datasets. It can also give you advanced reporting and manage notifications. It can give you a broad picture of your organization's processes.

BPM workflows can be called directly by an API. They can be synchronous or asynchronous. A good workflow engine should be able to notify the performer and base its decisions on process data.



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