Without human intervention, a self-healing process detects errors, exceptions, and deviations in its defined path. And its survival instinct helps it adapt and restore itself to a better-functioning state.A self-healing process is:
Designed to restore and repair with little or no external help for course correctionEmbedded with intelligent metrics setting the ideal and permissible process parametersGuided by a continuous monitoring and detection mechanism to report and correct any deviation from expected behaviorThere are two types of self-healing capabilities that instinctive finance organizations are embedding into their processes:
1. Reactive healing: Triage and treatment
This type of healing is in widespread …
