Tech Insights

BIC

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What is BIC?

BIC typically refers to the "Business Identifier Code", also known as a SWIFT code. It's a standard format for Bank Identifier Codes, and it is a unique identification code for banks and financial institutions worldwide. These codes are used when transferring money between banks, particularly for international wire transfers. A BIC code helps to identify which bank is receiving money.

What other technologies are related to BIC?

BIC Competitor Technologies

ARIS is a direct competitor to BIC as it provides similar business process analysis and management capabilities.
mentioned alongside BIC in 2% (94) of relevant job posts
Signavio is a direct competitor to BIC, offering similar functionalities for business process modeling, analysis, and management.
mentioned alongside BIC in 1% (90) of relevant job posts
Microsoft Visio offers diagramming and flowcharting capabilities which overlap with some of BIC's process modeling features, making it a competitor, especially for simpler use cases.
mentioned alongside BIC in 0% (54) of relevant job posts

BIC Complementary Technologies

SAP is a leading ERP system. While it has some process management features, it can be complementary to BIC, which focuses on detailed process modeling and analysis that can then be used to optimize SAP implementations.
mentioned alongside BIC in 0% (65) of relevant job posts

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