Ultimus created Ultimus Solution Frameworks to speed solution time to live; reduce software licensing, implementation, and maintenance costs; and reduce risk.
Ultimus Solution Frameworks are families of automated business process solutions, developed by Ultimus using the Ultimus Digital Process Automation Suite, that address a common functional or industry use case. Unlike conventional packaged solutions, Ultimus Solution Frameworks combine the knowledge and best practices from past implementations with our industry leading workflow to ensure maximum configurability, flexibility, extendibility, and process interoperability.
Best of all, Ultimus Solution Frameworks are composed using reusable Composed Process Solutions business objects that can be recomposed into additional automation solutions.
Ultimus Solution Frameworks are backed by our 8-week time to live guarantee. Ultimus guarantees that the solution framework will be delivered production ready for a flat services fee within 8 weeks of project sign off.
Our growing list of Ultimus Solution Frameworks includes:
Purchase-to-Pay Framework – Purchase-to-Pay is an end-to-end solution that automates the purchase approval, receiving, invoice approval, and payment processes and includes our advanced machine learning invoice data extraction; configurable rules and thresholds for automated straight through processing, human and supervisor approvals, and escalation and exception handling; and comprehensive, actionable reports.
Month-End Financial Closing Framework - Month-End Financial Closing coordinates data, documents, tasks, and people across multiple facilities, departments, legal entities, systems, and time zones to insure the accurate and timely closing of the books. Unlike conventional packaged solutions, Month-End Closing is readily configurable to meet each customer’s enterprise-level requirements – without having to choose between living with the application’s limitations or embarking on a course of expensive and hard to maintain customizations or being forced to pay for irrelevant or unneeded functionality.
Credit Digitization Framework - Ultimus and BDO have combined digital process automation and financial domain expertise to create the Credit Digitization Framework, a collection of pre-built reusable digital assets and capabilities; solution fragments; and process, report, and dashboard templates that can be composed and recomposed to create a seamless, agile, and fully digitized credit function spanning credit underwriting, credit monitoring, loan administration, and relationship management - a holistic, end-to-end approach that increases revenue, decreases costs, and mitigates credit risk.
Construction Project Management Framework - The Construction Management Framework includes the fully functional foundational workflows, reports, and dashboards that project owners need to manage their numerous projects, composed from the same packaged business concepts and reusable digital assets that are used across the enterprise. So construction project management is no longer an island cut off from accounting and finance, the C-level suite, etc., it is aligned with the overarching goal of creating a seamless, digitally transformed enterprise.
Intelligent Email Routing Framework – Intelligent Email Routing uses machine learning to prioritize and route emails to their intended department, group, or person, incorporating a business process to meet SLAs and ensure follow-up. This Framework includes an automated training data capture capability that creates an ML email routing model tailored to each customer’s specific structure, hierarchy, and products or services. Coupled with ML-based sentiment analysis, Intelligent Email Routing is the simplest and most cost-effective way to maximizing customer experience.
Point-of-Care Documentation Framework - Ultimus and metafinanz, one of the largest providers of business and IT consulting to the German market, have partnered to develop and market an electronic point-of-care documentation solution for hospitals and other healthcare providers. The jointly developed “doc.assist” allows healthcare practitioners to document clinical information while delivering patient care, thereby ensuring the complete and accurate capture of required information while maximizing the time they have for patients.
Blockchain Digital Process Automation Framework – Blockchain Digital Process Automation Framework allows customers to blockchain-enable enterprise applications in a way that is fast, cost effective, usable, and manageable. The Blockchain Framework handles all aspects of attaching and proving process instance data and/or documents used in or generated by the process - the user interfaces, anchor validations, credentials and e-stamping, communications with the anchoring service and blockchain, blockchain history, and match proof validation. This allows users inside or outside the enterprise to prove in the future that a document, contract, loan agreement, regulatory report, etc. is that same as what was presented to the distributed blockchain ledger at a specific prior point in time.