Performance Analysis and Improvement of Bank of Industry and Mine Working Capital Facility Processes Based on Process Mining Approach

Abstract

Banks have complex, long processes and activities with many points of control and approval, especially for facility processes. The survival of these institutions, providing quality and fast services and customer satisfaction requires improvement and analysis of results after the implementation of these processes. The main purpose of this study is to analyze the performance and improve the working capital facility processes. For this purpose, a method based on process mining and fuzzy algorithm is used. The method includes six steps: log extraction of the Bank of Industry & Mine facility system, log inspection, control flow analysis, performance analysis based on time indicator, making suggestions and reviewing the results, and finally improving the processes using simulation.The results of the present study include the discovery of a real and improved process model, the detection of bottlenecks and max repetition activities, the reduction of the mean throughput time by 23% and the number of activities by 21%, and finally the efficiency of process mining.

Keywords

• working capital facility processes
• process mining
• performance analysis
• process improvement