PRESS RELEASE

 

BANK OF SCOTLAND GOES LIVE WITH PROCESSION'S E-PROCESS SUITE™

Procession Chosen to Automate Bank of Scotland'sDocumentary & Cheque Collections

CHESHAM, England. December 15th, 2000 - Procession Limited today announced that Bank of Scotland is using Procession's E-PROCESS SUITE™ to automate the processes of its International Documentary and Cheque Collection department. Procession was chosen as the only supplier able to deliver a fully functioning system tailored to the Bank's needs within the appropriate timescale and at the right cost.

"We were impressed when we saw Procession's demonstration" said Norman Turner, Head of Payment and International Services, "within a short period of time Procession had produced a system that accommodated our business processes and closely mirrored all the relevant procedures. The system was adapted to our needs rather than the other way round.

Procession was able to meet the Bank's need for a system that could be easily refined and amended to cope with the changing business requirements. The system has increased the information available on the Department's collection business".

The system, which has already significantly reduced the cost base of the department, is up-and-running only two months after being commissioned.

"Procession's unique graphical user interface makes it easy to design new e-processes and alter existing ones" said Paul Greenfield, Chief Executive Officer, Procession Limited, "the new processes can be designed intuitively and then built without the need to resort to programming languages and without getting tied up in long consultation exercises."

About Procession Limited. Procession develops & markets Business Process Management (BPM) software for the emerging e-Process* market. Procession's unique user-friendly graphical user interface (GUI) allows the intuitive description of any given eBusiness process by the day-to-day user of that process, which means that new systems can be deployed very rapidly. The Procession E-PROCESS SUITE™ is highly scalable due to its standards-based architecture (Java & XML) and is already in use by several blue chip organisations.

Headquartered in Chesham, United Kingdom, the company is currently expanding its operations to support the global marketplace. More information can be found at www.procession.com

-ENDS-

*Gartner defines e-Process as " ... a new term that applies work management and process automation techniques to an eBusiness environment."

(Regina Casonato, Gartner Symposium/ITxpo conference, "E-Business and Process Management - Where Flesh and Blood Meet High-Speed Integration", November 2000.)