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How Centers of
Excellence Speed Up
Digital Process
Automation
Digital Transformation Series
Featuring Stone Coast Fund Ser...
Today’s speakers
2
TODAY’S HOST MAIN SPEAKER
John Webster – CMO, Bizagi Derek Marshall – PMO Manager,
Stone Coast Fund Ser...
Global customers and partners
PARTNERS
What is a Center of Excellence?
for Process Automation
A shared unit responsible for the strategy and consistent
delivery ...
to accelerate the delivery of structured change across the enterprise
Why build a Center of Excellence?
“Centers of excellence
accelerate the uptake of new
technologies and optimize
core capabilities with higher
efficiency and...
“Of the companies stating that process
automation significantly exceeded their
goals, 67% had a CoE”
Forrester Research
 When operating at a high level of process maturity
 Running complex operations across many business units
 When you ne...
1. Prepare the foundation for success
2. Create the perfect CoE team
3. Build your process automation capabilities
4. Work...
Prepare the foundation for success
 What is your overarching business strategy?
 Transform, don’t settle for change
 Cr...
Create the perfect COE team
Key roles:
Executive Sponsor
Project Manager
Business Relationship Managers
Central Design...
Build your process automation capabilities
Choose the right first process
Establish a robust feedback workflow
Learn ra...
Work with the right tools
Select a proven platform that is easy to use
Focus on business user enablement
Concentrate on...
Want to learn more?
www.bizagi.com
Whitepaper:
Building a Digital
Process Center of
Excellence
Poll Question 2
Which element is the hardest part of establishing a CoE
A: Strategy – establishing a strategy that can be ...
How Centers of
Excellence Speed Up
Digital Process
Automation
Digital Transformation Series
Featuring Stone Coast Fund Ser...
Stone Coast Fund Services
Hedge Fund Administrator
About Me
Derek Marshall – PMO Manager
Derek is a Group Manager at Stone Coast and leads the project
management team. He br...
Objectives
 Standardize operations
 Increase visibility of data
 Ensure regulatory compliance
 Document our business rules
 Digitize financial processes
 Create a Center of Excellence
 Bizagi Operational Services...
Why Bizagi
• Try before you buy
• Wealth of documentation
• Ease-of-use
• Platform scalability
• Expectation of success
Our Implementation
• Selected Bizagi Partner InnoVelocity
• Prioritized training
• Self-service tutorials
• Learn agile by...
• Getting IT and business in the same room
• Process model becomes the application (6 weeks total)
• Enables conversations...
We digitized our complex cash
transfer process in just six weeks
Why we created our CoE
1. Do the right things – selecting the right projects
2. Do things correctly – following best pract...
What our CoE looks like
We split our team into three key roles:
Planning – Strategic Lead
Building – Product Manager
Runni...
My Recommendations
 Pick an expert implementation partner
 Start small and prioritise team training
 Use a platform tha...
Thank you
Questions Answers
WhitepapersCase Studies
For more information visit
www.bizagi.com
E-learning
Join our next
Live Demo
Download
for free
Web...
Bizagi and Stone Coast Fund Services: How Centers of Excellence Speed Up Digital Process Automation
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Bizagi and Stone Coast Fund Services: How Centers of Excellence Speed Up Digital Process Automation

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The Stone Coast Story – Digital Transformation Webinar Series

Right now digital leaders are using Centers of Excellence (CoEs) to speed up digital change in the enterprise. According to Gartner, “Centers of excellence accelerate the uptake of new technologies and optimize core capabilities with higher efficiency and lower costs.”

In this interactive session you’ll hear the story of hedge fund administration and consulting firm Stone Coast, currently building their CoE team to provide digital leadership, best practices and training in order to embed a culture of process digitization.

View this presentation to explore:

•When a CoE is the right strategy for accelerating progress
•Four practical steps in building your Center of Excellence
•Why Stone Coast Fund Services chose to build its CoE
•Your questions about how to create your own CoE

Veröffentlicht in: Wirtschaft & Finanzen
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Bizagi and Stone Coast Fund Services: How Centers of Excellence Speed Up Digital Process Automation

  1. 1. How Centers of Excellence Speed Up Digital Process Automation Digital Transformation Series Featuring Stone Coast Fund Services
  2. 2. Today’s speakers 2 TODAY’S HOST MAIN SPEAKER John Webster – CMO, Bizagi Derek Marshall – PMO Manager, Stone Coast Fund Services SUBJECT EXPERT Ana de Miguel Gazquez - Customer Success Manager, Bizagi
  3. 3. Global customers and partners PARTNERS
  4. 4. What is a Center of Excellence? for Process Automation A shared unit responsible for the strategy and consistent delivery of digital process automation across the enterprise
  5. 5. to accelerate the delivery of structured change across the enterprise Why build a Center of Excellence?
  6. 6. “Centers of excellence accelerate the uptake of new technologies and optimize core capabilities with higher efficiency and lower costs.” Gartner Create a culture of continuous digital improvement Goal
  7. 7. “Of the companies stating that process automation significantly exceeded their goals, 67% had a CoE” Forrester Research
  8. 8.  When operating at a high level of process maturity  Running complex operations across many business units  When you need more than a process factory – what’s your strategy? But when is a CoE for process automation the right strategy?
  9. 9. 1. Prepare the foundation for success 2. Create the perfect CoE team 3. Build your process automation capabilities 4. Work with the right tools Four steps for building a CoE
  10. 10. Prepare the foundation for success  What is your overarching business strategy?  Transform, don’t settle for change  Create a dedicated COE team  Build a foundation of knowledge  Motivate and incentivize the team
  11. 11. Create the perfect COE team Key roles: Executive Sponsor Project Manager Business Relationship Managers Central Design Team Quality Assurance Support
  12. 12. Build your process automation capabilities Choose the right first process Establish a robust feedback workflow Learn rapid / agile development methodologies
  13. 13. Work with the right tools Select a proven platform that is easy to use Focus on business user enablement Concentrate on standardization Must scale across the enterprise Implementation methodology
  14. 14. Want to learn more? www.bizagi.com Whitepaper: Building a Digital Process Center of Excellence
  15. 15. Poll Question 2 Which element is the hardest part of establishing a CoE A: Strategy – establishing a strategy that can be translated into practical steps B: People – getting the right team and executive sponsorship in place C: Process – to adopt a process-centric view for managing the business D: Technology – creating process agility in your current IT landscape
  16. 16. How Centers of Excellence Speed Up Digital Process Automation Digital Transformation Series Featuring Stone Coast Fund Services
  17. 17. Stone Coast Fund Services Hedge Fund Administrator
  18. 18. About Me Derek Marshall – PMO Manager Derek is a Group Manager at Stone Coast and leads the project management team. He brings over 20 years of IT and project management experience leading and delivering large scale, enterprise projects. Before joining Stone Coast in 2015, Derek held senior IT and project management positions at companies such as Thomson Reuters, Nike, Unum and IDEXX.
  19. 19. Objectives  Standardize operations  Increase visibility of data  Ensure regulatory compliance
  20. 20.  Document our business rules  Digitize financial processes  Create a Center of Excellence  Bizagi Operational Services & Support a.k.a B.O.S.S. Actions
  21. 21. Why Bizagi • Try before you buy • Wealth of documentation • Ease-of-use • Platform scalability • Expectation of success
  22. 22. Our Implementation • Selected Bizagi Partner InnoVelocity • Prioritized training • Self-service tutorials • Learn agile by doing
  23. 23. • Getting IT and business in the same room • Process model becomes the application (6 weeks total) • Enables conversations around data and integrations • Increases the visibility of that data in external systems • Low risk of project failure Facilitating collaboration
  24. 24. We digitized our complex cash transfer process in just six weeks
  25. 25. Why we created our CoE 1. Do the right things – selecting the right projects 2. Do things correctly – following best practices 3. Provide the training and support people need
  26. 26. What our CoE looks like We split our team into three key roles: Planning – Strategic Lead Building – Product Manager Running – Operations (Support etc.)
  27. 27. My Recommendations  Pick an expert implementation partner  Start small and prioritise team training  Use a platform that helps you to learn  Learn agile methodologies by practicing them
  28. 28. Thank you
  29. 29. Questions Answers
  30. 30. WhitepapersCase Studies For more information visit www.bizagi.com E-learning Join our next Live Demo Download for free Webinars

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