Ultimus Solution Profile. Invoice approval process using artificial intelligence.

The Ultimus Digital Process Automation Suite is the fastest and most cost-effective way to deploy automated invoice approval processes that incorporate advanced automation technologies such as Artificial Intelligence.

The Ultimus platform provides out-of-the-box orchestration of technologies such as AI, natural language processing, decision management, blockchain, and RPA, as well as best-in-class cloud-based AI/ML-specific services, so they deliver maximum business utility and create an end-to-end solution without expensive OCR training, custom programming, and one-time integrations.

 Blockchain allows all parties to prove in the future that a document or process instance is the same as it was presented on the distributed blockchain ledger at a certain previous point in time.

The question for digital business initiatives is not how or if blockchain works – it clearly does – but how to overcome the practical challenges faced when trying to use it. These practical challenges include scalability (the time required to anchor information is very slow), cost (anchoring data is expensive in volume), and accuracy (the accuracy of the current timestamp is +- 2 hours); challenges that have now been overcome with anchoring protocols like Chainpoint.

The remaining hurdle is how to enable enterprise applications for blockchain in a fast, cost-effective, usable, and manageable way. Composed Process Solutions (CPS), Ultimus’ innovative low-code development platform, offers a compelling answer that enables organizations to become early adopters in this rapidly evolving space.

Our Ultimus Composed Process Solutions (CPS) platform acts as a solutions “factory” – a software application that creates software!

It automatically generates customer-specific workflow applications in real time using a standardized architecture, framework, and design; interchangeable pre-built digital assets that are “pre-wired” with logic; and proven, error-free resources, business rules, and content.

1. CPS platform with standardized architecture.
2.  The application adapts to your specific business requirements.
3.  Add pre-wired interchangeable components with logic.
4.  Compose with proven features and business rules.
5.  Workflow solution delivered in real-time.

Digital process automation for construction project management.

DPA for Construction Process Management.

Governments, skilled nursing and healthcare providers, retailers and other organizations with multiple facilities know the challenges of juggling multiple construction projects – obtaining project approvals, budgets, contracts and payments; tracking change orders; capturing incentives and rebates; ensuring policy, health and environmental compliance, to name a few.

And they also know the shortcomings of today’s packaged construction project management applications – expensive, rigid products that don’t meet their unique requirements and are siloed from the other business functions and applications they need to deliver projects on time, within scope and on budget.

Ultimus, one of the most experienced and proven providers of business process software and solutions, created the Construction Management Framework to give project owners the power, flexibility and control they need – at a fraction of the cost of dedicated construction design solutions.

And by leveraging the industry-leading Ultimus Digital Process Automation Suite, building processes work seamlessly with other automated business processes and systems to create a true end-to-end solution.

Digitalization of the credit process.

Ultimus and BDO Germany: Partners for Digital Transformation.

Corporate and wholesale banks face a “perfect storm” of stressors that threaten the very viability of the industry. Stubbornly high cost structures, regulation and unfavorable interest rates have been hurting profits since the global financial crisis. More recently, increased competition from digitally savvy new entrants and the devastating social and economic impact of the global pandemic have put banks at a crossroads: continue with business as usual and risk extinction, or move aggressively to gain competitive advantage through digitalization.

While previous attempts at digitalization have been slow, expensive, and limited in scope and value, recent advances in technology have brought digital transformation within practical reach of all banking institutions. Institutions that have adopted modern digital process automation architectures have seen dramatically lower operating costs, improved responsiveness and customer experience, and reduced risk—all of which can now be accomplished in a timeframe and at a cost that was unimaginable just a few years ago. In short, digital transformation is no longer a risky proposition, but a window of opportunity to be seized while it remains open.

Ultimus, a leader in digital process automation, and BDO AG Wirtschaftsprüfungsgesellschaft, (hereinafter also referred to as ‘BDO’), a leading expert in the financial services domain, have partnered to provide banks with a fast and cost-effective path to digital transformation – one that delivers a significant return on investment in the short term as well as a competitive advantage in the long term.

Ultimus Adaptive Business Process Management (BPM) Suite is a seamlessly integrated business process management software solution for managing the complete lifecycle of key business processes. With its human-centric approach, Ultimus BPM Suite empowers people in an organization to drive process automation and continuous improvement.

The Ultimus BPM Suite is based on a set of modules, seamlessly integrated to provide an enterprise with the tools to model, automate, manage and optimize its core business processes. Each module in the suite is designed to meet the specific needs of BPM stakeholders in an enterprise, including management, process owners and users, IT teams and business analysts. Ultimus combines its unparalleled business process tools with best practices gained through thousands of successful deployments to support both enterprise-wide process improvement strategy and the needs of everyday workflow users.

Following a step-by-step plan, Ultimus accelerates a company's performance through:

• Modeling, analysis, and optimization capabilities deployed in easy-to-use graphical interfaces.
• Business Activity Monitoring (BAM) and reporting presented via performance dashboards, email, desktop gauges, or in process forms.
• Convenient access to workflow and forms via email, portals, or collaborative clients.

The Ultimus Digital Process Automation Suite is a comprehensive, integrated set of technologies developed specifically to meet the demands of the modern digital enterprise.

The Ultimus DPA Suite is designed to accelerate software delivery and maximize business agility, effectiveness and efficiency by enabling end-to-end process automation at enterprise-wide scale – across all devices, regional permutations and use cases – both within the organization and with customers, suppliers and partners outside the organization.