CASE STUDY

Siemens Logo

Process handling time accelerated by 87%

Siemens Finance, a division of a multinational conglomerate employing approximately 385,000 people worldwide, uses WEBCON BPS to streamline operations, and speed up time-to-market for new products and services with workflow and process automation.
The financial market is one of the most competitive sectors of the economy. New product innovations regularly disrupt the market, change the balance of power, and force traditional players to reorganize their business strategies.
Siemens Finance needed an IT solution to create tailor-made applications to effectively manage their business processes that introduce new financial products to market. The goal was as much for maintaining and further developing a competitive advantage as it was for internal efficiency.
After evaluating several process management and workflow automation solutions, they selected WEBCON BPS low-code platform to automate and manage their business processes.

Industry: Finance

Website: www.siemens.com

Location: Europe

The key benefits of implementing WEBCON BPS:

WEBCON in Siemens Finance:

113% ROI​

Over 100 business processes automated to date​

Internal process handling time accelerated by 87%​

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WEBCON is the leading European-based provider of a complete Low-code Application Platform for mass delivering business solutions. Companies choose WEBCON to dramatically reduce time and cost of app development. The platform allows them to automate and manage business processes across the entire organization – using a single, unified platform. Thanks to its unique InstantChange™ technology, WEBCON embraces change like no other platform on the market.

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ECR Management

An engineering change request (ECR) to alter a product design can be triggered by various sources: audits, enhancement ideas, customer complaints, etc. A fix to a product design can be issued by any employee and the ultimate goal is quality improvement, which can directly influence revenue. By automating the Engineering Change Management (ECM) process, you can bring better products to market faster. Forget missing deadlines, loosing documents, flawed decision-making due to poor visibility of the process, duplicating change requests. Instead, with a dedicated application, gain an overview of the changes that are underway, boost productivity, lower the process costs, eliminate bottlenecks and gather all information related to the ECRs in one place.

New Product Development

A well-managed product lifecycle process allows to bring better products to market faster. With WEBCON BPS, you can provide an enterprise-wide solution that will streamline product development process, improve collaboration between departments, and provide seamless access to all product-related data. From submitting an idea, through research, creating a prototype, testing, designing the packaging, up to manufacturing, introducing the product to the market, and analyzing the feedback – a dedicated application will make sure everyone involved is well-informed on the assigned tasks, and the management gains visibility to improve productivity, and spot any bottlenecks along the way.