Four apps from the new Celonis Platform Apps Program enable
companies to increase performance, cut downtime, reduce cycle
times, and drive value across Banking, Oil & Gas and Chemical,
Manufacturing, and more.
Celonis, the global leader in Process Mining and Process
Intelligence, today announced the launch of its Celonis Platform
Apps Program, which enables companies to achieve unrivaled value
with domain-specific applications built by its Ecosystem partners
on top of its market-leading Process Intelligence Platform. The
program kicks off with four purpose-built apps, co-created by
Celonis and its partners ProcessLab, Marcadus, Ashling Partners and
KMLZ, offering dedicated solutions for banking, oil & gas and
chemical, manufacturing and cross-industry use cases.
“The Celonis Platform Apps Program demonstrates the massive
potential that results from combining the power of the Celonis
Process Intelligence Platform with the deep domain expertise of our
partner Ecosystem,” said Carsten Thoma, President at Celonis. “The
Celonis Process Intelligence Graph is like a Wikipedia of process
intelligence. It sits above a company’s raw data and gives it
meaning and context. It provides an extensible data model, embedded
AI offerings, AI-enabling process insights and the ability to
understand and fix the delta between the “as is” and “to be” states
of the business. Leveraging Celonis, our Ecosystem partners are
building intelligent solutions, infused with each customer's unique
business context that empower companies to drive transformation and
generate value at speed and scale.”
The first Celonis Platform Apps Program apps are:
- Celonis Cross Border Payments - powered by ProcessLab
- Celonis Plant Maintenance Navigator - powered by Marcadus
- Celonis Maintenance Control Center - powered by Ashling
Partners
- Celonis Tax-Ray - powered by KMLZ
Celonis Cross Border Payments for Banking - powered by
ProcessLab
Managing cross-border and trade payments for clients is a
critical task for banks, but an increasingly difficult one. The
Celonis Cross Border Payments app enhances a bank’s ability to
execute these complex payments by providing end-to-end visibility
across the entire workflow, reducing the cost to execute each
transaction, reducing regulatory risk and improving customer
experience.
Using the app, a major bank was able to manage their payments
process more effectively, reducing rework and eliminating
bottlenecks. As a result, $2.4M in annual cost savings were
identified by re-engineering the process. Payment processing
capacity was increased by 18%, and cycle time was reduced by more
than 30%.
Celonis Plant Maintenance Navigator for Oil & Gas and
Chemicals - powered by Marcadus
Unplanned downtime, disruption and rising costs are a major
threat to oil & gas and chemical companies. The only way to
manage all processes involved in plant maintenance is the
provisioning of an end-to-end view. Built on the Process
Intelligence Graph, the Celonis Plant Maintenance Navigator app
connects plant maintenance processes with order management, supply
chain, inventory management, purchasing, and production
planning.
With the app, one plant maintenance company was able to identify
the root causes of inefficiencies and implement structural
improvements, including automations that constantly monitored
processes and triggered interventions when needed. The results were
a reduction in overall production downtime, fewer delays when
sourcing materials and reduced downtime for individual assets.
Celonis Maintenance Control Center for Manufacturing -
powered by Ashling Partners
Whether planned or unplanned, downtime disrupts manufacturing
processes and can ripple through the entire value chain, leading to
increased costs, revenue leakage, lower productivity and poor
customer and supplier experiences. The Celonis Maintenance Control
Center app delivers event and value-based monitoring of plant-floor
machine operations, enabling timely updates and critical alerts
about breakdowns and potential high-risk scenarios involving
break-fix activities.
The app enabled a US manufacturer to continuously monitor plant
floor machines and operators to predict and plan machine
maintenance, resulting in $5M identified savings in a single plant,
10% increase in manufacturing performance and 8% increase in
machine availability.
Celonis Tax-Ray for all Industries - powered by KMLZ
Tax compliance — particularly in VAT — is an increasingly
difficult challenge for companies dealing with complex transactions
across borders, ever-changing supply chains, outdated tax
determination processes, limited personnel and imperfect
information. The Celonis Tax-Ray app provides automated controls
for tax compliance management systems. It evaluates and monitors
tax transactions in ERP systems, helping users identify potential
risks and errors even before they materialize.
With the app, a global ride-sharing company improved VAT
compliance and reporting in the face of operational complexity,
resource limitations and patchy information. Using automated and
event-driven controls, the company achieved full compliance in VAT
treatment and reporting of transactions, significantly reducing the
risk of penalization.
Celonis Partner Ecosystem: Empowering customers to unlock
value in their business processes at speed and scale
Together with its Partner Ecosystem, Celonis is building the
world’s leading Process Intelligence Platform and community. To
learn more about how the best-in-class professional services and
software solutions from our Ecosystem can help you to tap the full
potential of Celonis, visit our partner page.
About Celonis
Since 2011, Celonis has helped thousands of the world’s largest
and most esteemed companies yield immediate cash impact, radically
improve customer experience, and reduce carbon emissions. Its
Process Intelligence platform uses industry-leading process mining
technology and AI to present companies with a living digital twin
of their end-to-end processes. For the first time, everyone in an
organization has a common language for how the business runs,
visibility into where value is hiding, and the ability to capture
it. Celonis is headquartered in Munich, Germany and New York City,
USA with more than 20 offices worldwide.
© 2024 Celonis SE. All rights reserved. Celonis and the Celonis
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version on businesswire.com: https://www.businesswire.com/news/home/20240731988964/en/
Celonis PR Team Global PR & Comms
press@celonis.com