Datawatch Announces BDS|Workflow
Web-enabled solution simplifies document-intensive business processes, aids in regulatory compliance
Datawatch Corporation announced the release of Datawatch BDSWorkflow, a Web-based enterprise business process management (BPM) solution. The company has targeted enterprises with document-intensive business processes (such as loan processing and insurance claims) and supports internal controls and external regulations.
According to Gartner, Inc., the worldwide market for pure-play BPM software is forecast to grow by double digits to $1.1 billion by 2009. The analyst firm expects most of the growth will come from the integrated suite segment.
BDS|Workflow integrates with the company’s document archive system, DatawatchBDS, which helps an enterprise centrally manages document images, reports, customer correspondence, statements, and e-mail.
“Based on our users’ real world workflow needs, Datawatch designed the BDS|Workflow module to initiate a workflow task automatically whenever a new document of a specified type is archived,” said John Kitchen, chief marketing officer for Datawatch. “We see this as an important differentiator since it immediately archives and protects the initiating document and thereby enables stronger controls and accountability.”
Among its other key features:
Robust Management of Workflow Routes, Roles, and Business Rules: BDS|Workflow allows administrators to define workflow routes, roles, and business rules along with the e-forms required for the workflow. The program combines the information into a role-based dashboard view that shows workflow status, updates, and outstanding tasks.
Workflow Initiation and Tracking: Users can manually initiate workflow tasks; automatic routing and status tracking is performed using the business rules specified by the administrator.
Automatic Exception-Based Workflows: BDS|Workflow can identify and resolve business transactions or conditions found to be outside of acceptable levels using Monarch Data Pump, Datawatch’s server-based enterprise information delivery solution. This helps an organization identify business transactions that don’t comply with an organization’s internal controls, and exceptions trigger a new workflow and responsible individuals assigned to the resolution.
BDS|Workflow runs on Windows 2000 Server (Service Pack 3 or 4) or Windows 2003 Server with at least 2GB of system memory and 1.5GB disk space.
More information is available at http://www.datawatch.com
James E. Powell is the former editorial director of Enterprise Strategies (esj.com).