U.S. Department of Energy Receives Award for Streamlining and Web-Enabling Loan Guarantee Application Process for Clean Energy Projects

FALLS CHURCH, Va., Dec. 6, 2010 /PRNewswire/ -- HandySoft (www.handysoft.com), a leading provider of BPM technology and solutions, is proud to announce that the U.S. Department of Energy's Loan Programs Office (LPO) received the Gold Award for North America at the 2010 Global Awards for Excellence in BPM and Workflow. LPO received the award for its innovative use of BPM technology, provided by HandySoft, to streamline and Web-enable the loan guarantee application process. The Loan Programs Office accelerates the commercial deployment of innovative and advanced clean energy technologies in the United States by providing loan guarantees to eligible projects.

LPO initiated the development of the online portal in order to transform the loan guarantee application process from a series of complex manual steps of data collection and review to a user-friendly, Web-based, automated format with front-end data collection and back-end review automation. The online application portal has been well received, resulting in faster yet thorough reviews and greater visibility to both applicants and DOE management.

"This award validates the meaningful impact and innovation behind the Loan Programs Office's online portal," said Harry Clarke, CEO of HandySoft. "The portal demonstrates the successful and effective implementation of BPM technology.  We feel extremely proud to have been involved in this project and to have had the opportunity to nominate this worthy effort."  

The Global Awards for Excellence in BPM and Workflow are assigned in five geographical regions. Each region receives one Gold and one Silver Award. The Department of Energy was nominated for the North America region by HandySoft and Accenture.

About the Awards

The Global Awards for Excellence in Business Process Management (BPM) and Workflow are issued by WARIA – the Workflow And Reengineering International Association. Established in 1992, WARIA's mission is to make sense of what's happening at the intersection of Business Process Management, Workflow and Electronic Commerce and reach clarity through sharing experiences, product evaluations, networking between users and vendors, education and training. 

About HandySoft Global Corp.

HandySoft is a leading global provider of Business Process Management (BPM), Tasking and Compliance software and solutions for government and business organizations. Our platform BizFlow® is the first and only BPM Suite in the market to seamlessly integrate and automate dynamic tasks, ad-hoc workflows, and structured processes along with Process Intelligence and RIA capabilities to drive visibility, control and productivity across all work that happens within an organization. Our industry-leading solutions empower government users and constituents with the tools needed for "self-service" within any mission-critical business process or workflow. For more information call +1-703-645-4500, email [email protected] or visit www.handysoft.com.

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SOURCE HandySoft