QPR Software’s latest customer, Piraeus Bank, offers a wide range of personal and corporate banking and insurance services to 5.8 million customers.
Piraeus Bank, the largest bank in Greece, chose QPR as its process mining and process performance monitoring solution provider because of the powerful yet easy-to-use functionality and comprehensive dashboarding capability of QPR ProcessAnalyzer. Piraeus Bank will use QPR ProcessAnalyzer to continuously monitor business process performance with dynamic dashboards and identify root causes for deviations to make the right improvement actions that create more value to their customers. QPR ProcessAnalyzer supports organizations to continuously improve processes by automatically visualizing real process flows based on company data, revealing exceptions and bottlenecks, and offering up-to-date process KPIs for better decision making. The software also offers the possibility to proactively reduce and avoid process exceptions with artificial intelligence.
“This wonderful new deal proves that QPR is the leading player in process mining market. We are thrilled to work together with Piraeus Bank to realize the full potential of their operations,” says Jari Jaakkola, CEO of QPR Software.
“QPR is a powerful solution that will improve the Bank’s efficiency and streamline our business operations. As part of Piraeus Bank’s transformation, we wanted to smooth our processes. We also wanted to monitor and analyze the targets we had set ourselves. With QPR, we have a single, fully integrated platform, which is a very good fit for the Bank” says George Nasoulis, CIO of Piraeus Bank.
The deal consists of QPR ProcessAnalyzer software licenses. The implementation is carried out jointly with ITMC, QPR’s local value-added reseller.
Follow the link to learn more about QPR ProcessAnalyzer.
About QPR Software
QPR Software Plc (Nasdaq Helsinki) provides solutions for strategy execution, performance and process management, process mining and enterprise architecture in over 50 countries. QPR software allows customers to gain valuable insights for informed decisions that make a difference. With 25 years of experience, 2000 customers and over a million licenses sold, QPR’s products are highly regarded by industry analysts and customers alike.
Dare to improve. www.qpr.com
For additional information, please contact:
Matti Erkheikki
Senior Vice President, QPR Software Plc
Tel. + 358 40 717 2570
Email: matti.erkheikki(at)qpr.com
About ITMC
ITMC S.A. is a Management Consulting company focusing on delivering Innovative, Technology based Business Solutions and Professional Services in Greece, Cyprus and the international market. ITMC demonstrates high degree of consequence, reliability, flexibility, innovation and has performed a number of projects, in the areas of Strategy Implementation, Design & Re-design of the business processes, Performance and KPIs Monitoring, Process Analysis and others.
For additional information, please contact:
Yannis Charalambous
Managing Partner, ITMC S.A.
Tel. +302107247884
Email: Yiannis.Charalambous@itmc.gr
About Piraeus Bank
Headquartered in Athens, Greece, with approximately 17.000 employees, operating in 7 countries, Piraeus Bank Group offers a full range of financial products and services to approximately 5.8mn customers. Total assets of the Group amounted to €68.2bn, net loans to €45.7bn and customer deposits to €41.8bn on September 30, 2017.
Founded in 1916, Piraeus Bank operated as a private credit institution for many decades, while it went through a state ownership for the period 1975-1991 until it was privatized in December 1991. Since then, it has rapidly grown in size and activities, representing today the leading Bank in Greece with 30% market share in terms of loans and 29% of deposits.