IDP provider ProcessMaker announces Jeff Lortz as new CEO

Jeff Lortz replaces co-founder and CEO Brian Reale, who will continue with ProcessMaker as a board member and investor, focusing on the company’s strategy and a number of key customer-facing aspects of the business as a member of the executive team.

ProcessMaker, a provider of low-code process automation including its Intelligent Document Processing (IDP) solution, announced April 11 that it has appointed Jeff Lortz as its new Chief Executive Officer (CEO). Jeff Lortz brings more than 20 years of experience in the software industry, including helping to grow PTC’s revenue from less than 100 million to more than one billion.

Brian Reale, co-founder of ProcessMaker and former CEO, commented: “It has been a privilege to serve our customers for the past twenty years, and I am proud of everything ProcessMaker has accomplished. ProcessMaker was an early trailblazer in open source workflow, and later led the way in SaaS business process orchestration. Most recently, we have become a market leader in process automation for the banking and higher education verticals. I am thrilled to have Jeff join at this juncture in our journey. Jeff is uniquely positioned to understand our business and industry, and I am confident his leadership will carry ProcessMaker into our next phase of success.”

Jeff Lortz, ProcessMaker’s new Chief Executive Officer, said: “It’s an exciting time to join ProcessMaker. With a well-established brand and industry trust, we are at a pivotal point. We are set to release a new version of our platform with the latest AI and ML capabilities that will put us at the forefront of intelligent automation advancements, giving our customers access to the most innovative process orchestration platform available.”

Last September, ProcessMaker had acquired Doculayer, adding Intelligent Document Processing (IDP) to its portfolio. By integrating IDP into its Business Process Management platform, ProcessMaker enables its customers to automate complex processes.

Headquartered in Durham, North Carolina, ProcessMaker provides low-code process automation software, including its Intelligent Document Processing (IDP) solution, to digitally transform companies’ core business processes, enabling faster decision making, improved compliance and better performance.

The full press release can be found here.

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