BP Logix is Acquired by Finrock Growth Partners to Help Leverage High Growth Opportunities in a Market Projected to Cross $20 billion by 2020

BP Logix, provider of Low-Code BPM solutions for rapid digital application development, has announced that the company has been acquired by Finrock Growth Partners (Finrock), a private equity firm that acquires and operates businesses in the software sector. The acquisition expands BP Logix’s commitment to helping its clients accelerate the automation of their mission critical business processes.

The acquisition comes after more than two decades of BP Logix growth delivering high levels of product innovation and successful customer relationships. “BP Logix is experiencing exponential growth and we are delighted to provide our capital and operating expertise to help scale the business from a long-term perspective,” said Girish Pashilkar, managing partner at Finrock Growth Partners. “Their flagship Process Director platform is already highly regarded by customers and industry analysts. Our aim is to help BP Logix extend its leadership position while creating more industry-specific solutions.”

Finrock has appointed Girish Pashilkar, a seasoned executive with over 20 years’ experience in growing software and recurring service businesses, as the company’s new CEO.  BP Logix co-founders Jay O’Brien and Joby O’Brien will continue on in key executive roles within the company and focus on enhancing the product and the technology platform.

Until recently, Girish was the CEO of Workplace Answers, LLC (WPA), a leading online compliance solutions business. Under Girish’s leadership, WPA featured in the Inc 500/5000 fastest growing businesses for 6 consecutive years. Before WPA, Girish was a senior executive with Infosys Technologies (NASDAQ: INFY), a leading global technology and consulting services firm. Earlier in his career Girish was at Arthur Andersen, where he advised Fortune 500 corporations undertaking process and technology transformation programs.

“Finrock has demonstrated its ability to acquire and integrate companies with great success, and its acquisition of BP Logix is an endorsement of our technology  innovation and business performance,” said Jay O’Brien. “Since the beginning, our mission has been to provide truly ground-breaking technologies that provide real solutions to our customer base. Now, we can look forward to continued growth as we capitalize on new markets and directions with Finrock.”

Source: Press Releas of BP Logix

Pethealth Automates Claims Processing to Enhance Customer Engagement using BPM

BP Logix, provider of BPM solutions for rapid workflow app development, has announced that Pethealth, the leading provider of management software to North American animal welfare organizations, selected Process Director to automate its claims processing system. Anticipating efficiencies that embrace both labor and cost savings, the company, which receives and processes 7,000 claims per week, expects a reduction in process time of 150%. The benefits of the new system comprise both hard costs, predominantly labor and printing, as well as soft costs which include enhanced customer service and faster processing of invoices and adjustments.

Founded in 1998, Pethealth, a Fairfax company, is also a leading provider of RFID Microchips and Lost Pet Recovery services to the North American companion animal industry. The company offers a unique range of products and services for shelters, veterinarians and pet owners. In 2005, Pethealth introduced PetPoint®, its cloud-based shelter management application, to increase operational efficiency, manage workflow, and reduce costs. In 2009, Pethealth launched Petango® the first online adoptable pet search tool exclusively featuring a live feed of adoptable shelter pets. In 2010, Pethealth launched the PetPoint Report, the first and only national report using aggregate data on pet adoptions and relinquishment affecting animal welfare. Since then, Pethealth’s position as the largest aggregator of shelter data has made it the most trusted source within Wall Street for this information.

Stuart Janzen has been involved in process mapping and solution design for 18 years and is responsible for developing a full range of enterprise solutions for Pethealth. Most recently Janzen created a customer self-serve portal and integrated back office solutions that tie together best-of-breed solutions to enable the company to more efficiently handle and process customer claims.

Recognizing that Pethealth could become more effective and efficient as a result of automating its claims processing, Janzen moved forward. He identified the need for a BPM solution that would include a forms front end and an interface easily used and understood by customers. Janzen also wanted a system that would provide information necessary for an audit, and ensure interoperability with other internal systems. His evaluation led him to select Process Director. “Tracking data and being efficient are very important to Pethealth. We wanted to provide a better customer experience while reducing both processing time as well as the delays that sometimes arise in processing. For problem solving and creating efficiencies, there is nothing that compares to BPM,” Janzen observed.

“We are excited about the vision that companies like Pethealth offer to their customers,” stated Jay O’Brien BP Logix CEO. “With Process Director as the backbone to its claims processing system, we are removing the likelihood of delays due to human error while also creating the efficiencies that customers have come to expect,” he concluded.

BP Logix Process Director 4.0 Wins 2016 BIG Innovation Award for its Innovative BPM and Workflow Solution

BP Logix, provider of BPM solutions for rapid workflow app development, today announced it has been named a winner in the 2016 BIG Innovation Awards presented by the Business Intelligence Group.

Process Director is an intelligent BPM platform that allows users to create custom, workflow-driven business applications—without programming. Version 4.0 ties together an organization’s entire business ecosystem with sophisticated, code-free workflow applications. Featuring smart web forms, advanced graphical analytics, and the unique Process Timeline™ workflow engine, Process Director provides BPM-enabled rapid workflow app development.

Hundreds of organizations from across the globe participated in the submission process for the 2016 BIG Innovation Awards. Nominations were then judged by a select group of business leaders and executives.

“Our judges believe that BP Logix Process Director clearly deserves to be recognized as a leader and innovator—and we are proud to award them the 2016 BIG Innovation Award,” said Russ Fordyce, Managing Director of the Business Intelligence Group. “This award recognizes the company’s pursuit of excellence and creativity in addressing and solving business problems.”

“As a company, innovation is core to how we address customer needs,” stated Jay O’Brien, BP Logix CEO. “We pride ourselves on not only being innovative developers, but, also, in applying technology to solving real business problems. With its data virtualization, goals and case management, Process Director 4.0 offers the industry’s only unified modeling and execution platform for both traditional and case-style processes.”

For a full list of winners, visit http://bit.ly/1Stbw4j

Source: BP Logix

BP Logix Announces Availability of Process Director 4.0

BP Logix, a provider of BPM solutions for rapid workflow app development, has announced the availability of Process Director 4.0. The new version of the flagship product brings together advances that include goal-driven actions, data virtualization, both new and enhanced dashboards, and a customized user experience. Whether organizing outstanding tasks, overseeing day-to-day operations, or performing system audits, Process Director 4.0's information-packed, enhanced dashboards provide an intuitive way to find the data you need at a glance. Process Director 4.0, in both on-premise and Cloud versions, will be available beginning Q4.

Version 4.0 builds on Process Director's ability to transcend functional boundaries, tying together the organization's entire business ecosystem with sophisticated, code-free workflow applications. Featuring smart web forms, advanced graphical analytics, and the unique Process Timeline™ workflow engine, Process Director solidifies its leadership in BPM-enabled rapid workflow app development. 

Process Director 4.0 also features enhanced case management capabilities. With the industry's only unified modeling and execution platform for both traditional and case-style processes, Process Director 4.0 builds on its Process Timeline foundation to make it easier to rapidly develop robust adaptive case management and hybrid case/traditional applications.  

This new release carries on Process Director's tradition of value and innovation with new and enhanced features:

• Data virtualization: Drive your business applications with accurate, real-time information. Process Director's "business values" are a simple and convenient way for process owners to access business data whenever and wherever needed, while ensuring that the appropriate controls are always in place. Business values are a "set and forget" technology, defined once and available for re-use by process owners in any e-form, goal, business rule, or Process Timeline. 
• Goals: Launch workflow applications or change the behavior of in-flight processes, triggered by changes in the environment. For example, send notifications and delay or cancel pending transactions if your company's risk profile exceeds a certain threshold. Goals ensure that your workflow apps are aware of, and responsive to, the real-world developments that impact your business. 
• Case management: Process Director's patented Process Timeline is the industry's only truly unified workflow and case management modeling and execution platform. Every segment and every activity within a Process Timeline is launched only when the specified set of conditions required for its execution have been met. (This could include, for example, the arrival of a new email concerning a case, the import of a document, etc.) Combined with Process Timeline's ability to launch ad hoc activities and to invite other users to participate in or take ownership of activities, Process Director emerges as an ideal platform for case-driven business applications. 
• Mobile: Process Director has always enabled business users to separate UI graphic design from behavior. Process Director 4.0 goes even further, enabling users to specify multiple designs for a single e-form, conditionally presenting the appropriate version based on your configuration. This "multi-viewer" functionality enables users to create forms that are crafted specifically for the environment or device on which they are presented. The feature facilitates A/B testing, section 508 compliance, and any other application for which you may wish to create different views of the same form.

In addition to these major features, Process Director 4.0 includes dozens of enhancements to make it easier to create robust and effective business applications. "As enterprises evolve and mature, they are taking advantage of low-code/no-code BPM solutions like Process Director. We are pleased that our product empowers organizations to achieve the benefits of highly customized business applications without the risks or restrictions of traditional application development" stated E. Scott Menter, Vice President of Business Solutions.