Business process simulation software helps businesses map and simulate business processes. With these tools, they can optimize their processes, improving overall efficiency in day-to-day functions. As opposed to using spreadsheets or whiteboards, this software provides tools for simulating business processes, allowing one to measure the efficacy and efficiency of processes and test various what-if scenarios. This software provides tools for creating models as well as visualizing the models and outcomes. It’s typically used by executives, managers, and external consultants looking to get a better understanding of a company’s business processes. It can also be used by consultants to help companies.
Business process simulation software shares features and functionality with other solutions, and it is important to understand the differences between the different offerings. Although many business process simulation software also assist engineers in simulating real-world scenarios and provide some computer-aided engineering (CAE) software features, business process simulation software differs inasmuch as it specifically allows one to simulate business processes and systems. In addition, this software differs from process mining software, as the former is focused on testing and validating what-if scenarios, whereas the latter is focused on mapping and mining current processes to improve their efficiency or evaluate them for automation. Although some business process management (BPM) software may provide simulation features, it is focused on the management and automation of business processes.
These simulation tools can integrate with a variety of software and are built to fit into a company’s existing IT architecture. Such integrations include ERP systems, CRM software, supply chain suites, among many others.
To qualify for inclusion in the Business Process Simulation category, a product must:
Allow users to develop simulation models
Provide animation or visualization of the simulation
Has tools to evaluate how randomness or parameter change affect model behavior
Provide tools for exporting and integrating models
