CommerceQuest Product Suite Extends Real-Time Process Management; TRAXION BPMS Interactive Dashboard Enables Improved Organizational Control.Business Editors TAMPA, Fla.--(BUSINESS WIRE)--April 5, 2004 CommerceQuest Inc. today announced the release of product enhancements to its TRAXION(SM) Business Process Management Suite (TRAXION BPMS (Business Process Management Suite or System) See BPM. ). These upgrades feature enhanced executive dashboard (1) See Mac Dashboard. (2) A software-based control panel for one or more applications, network devices or industrial machines. Dashboards display simulated gauges and dials that look somewhat like an automobile dashboard. and project management capabilities for improved insight into business processes. TRAXION BPMS enables companies to design, assemble, execute and optimize solutions ranging from the most basic business processes to the most complicated back-office integration scenarios. The enhancements to its Process Flow Modeler, Process Resource Modeler and Process Execution Engine provide a comprehensive dashboard that serves as a control point for business processes by reporting and analyzing process and business metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM. across the enterprise. Scaling from managers to C-level executives, the dashboard shows key performance indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. (KPIs), such as the speed at which processes are completed and bottlenecks that may be occurring, and provides financial impact reports so that budgets can be managed accordingly. As a completely integrated, and interactive tool, the dashboard also provides the ability to drill down into the running processes and dynamically make changes to affect change and improve the processes. "CommerceQuest continues to lead the BPM (Business Process Management) A structured approach that models an enterprise's human and machine tasks and the interactions between them as processes. BPM software provides users with a dashboard interface that offers a high-level view of the operation that typically market with innovative advances in capabilities that provide our customers with 'game-changing' business results," said Paul Roth, chief technology officer of CommerceQuest. "TRAXION BPMS not only empowers business users with the capabilities to document, simulate simulate - simulation and run their business processes but also equipping e·quip tr.v. e·quipped, e·quip·ping, e·quips 1. a. To supply with necessities such as tools or provisions. b. them with the capabilities to react quickly by making the necessary changes for continued process improvement." Enhanced project management features provide organizations with capabilities such as creating and tracking milestones, cost- and effect-driven analysis, as well as priority-driven task assignments. With these tools, companies are better able to leverage a business process management approach in identifying the most effective way to get work done. Project management scenarios also can be modeled and simulated using TRAXION BPMS to identify inefficiencies and excessive costs prior to the deployment of a project. TRAXION BPMS is currently available. Visit www.commercequest.com for more information. About CommerceQuest (www.commercequest.com) Founded in 1991, CommerceQuest is the only enterprise solutions provider that enables its customers to rapidly turn business strategy into business processes by fully integrating the work that people do with software systems that optimize business performance. CommerceQuest delivers a complete set of scalable business process management (BPM) solutions that leverage existing IT investments to unite people, processes and technology in a service-based architecture that spans the extended enterprise, from the mainframe to the Internet and everything in between. More than 500 industry-leading companies rely on CommerceQuest to help them integrate heterogeneous workflow and IT systems, including many of the Fortune 500 companies such as The Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box , Coca-Cola Bottling, Ahold a·hold n. Hold; grip: "I knew I could make it all right if I got . . . back to the hotel and got ahold of that bottle of brandy" Jimmy Breslin. , and American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. . CommerceQuest is a privately-held company and a member of Internet Capital Group's (Nasdaq:ICGE) collaborative network of Partner Companies. For more information about CommerceQuest, please call us at 813.639.6300 or visit us on the Web at www.commercequest.com. |
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